Port Harcourt News
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International Breweries Plc rose to a record after SABMiller Plc was said to have invested in the Nigerian beermaker, boosting outlook for revenue.
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Boeing Co.’s decision to slow output of the new 747-8 model is complicating Cargolux Airlines International SA’s fleet-renewal plans as Europe’s biggest freight-only carrier standardizes around the upgraded jumbo.
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Nigerian troops are hunting for militants who said they killed at least 15 policemen in the oil- rich Niger River delta, a military official said.
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Nigerian troops freed 19 hostages held by militants in the oil-rich Niger River delta yesterday and handed them over to their employers at a military base in the port city of Port Harcourt, a military commander said.
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A state government’s plan to tear down waterfront slums in Nigeria’s southern oil-industry hub of Port Harcourt may leave more than 200,000 people homeless, Amnesty International said in a report released today.
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A stampede at an election rally by Nigerian President Goodluck Jonathan in the southern city of Port Harcourt killed 11 people and injured 46, the police said.
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Royal Dutch Shell Plc ended curbs on crude exports from its Bonny oil terminal in Nigeria after repairs were completed following a leak on its Nembe Creek pipeline, a company spokesman said.
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The Movement for the Emancipation of the Niger Delta, the main armed group in Nigeria’s southern oil region, blamed the government for the death of one of its former commanders, Soboma George, shot dead by unknown gunmen in the oil hub of Port Harcourt .
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An alliance of Nigerian opposition groups and splits in the ruling People’s Democratic Party are threatening to leave Goodluck Jonathan as a lame-duck president with fading chances of winning re-election in 2015.
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Nigerian prosecutors have filed kidnapping and armed-robbery charges against 64 militants alleged to have attacked an offshore platform operated by Exxon Mobil Corp. on Nov. 14.
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