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NSE index, capitalisation drop by 0.8%

The performance indicators of the Nigerian Stock Exchange (NSE), the All-share index and market capitalisation, both dropped, last week, by 0.8 per cent each. The index, which opened at 47,422.51 points, closed at 47,059.63 points, while market capitalisation closed at 6.73 trillion from N6.6.79 trillion at which it opened the week.

Okomu Oil Palm Plc recorded the highest share price loss for the week under review, dropping by N16.97 to close at N35.28 per share from N52.25 per share at which it opened, followed by Total Nigeria Plc with a loss of N12.97 to close at N171.00 per share and Chevron Oil Nigeria Plc depreciated by N11.40 to close at N159.60 per share.

Other share price losers include: Guinness Nigeria Plc N6.99, Cappa & D'Alberto Plc N4.08, Cement Company of Northern Nigeria Plc N3.96, Cadbury Nigeria Plc N3.80, GT Bank Plc N3.61, Ecobank Transnational Incorporated N3.00, May & Baker Nigeria Plc N3.00 among others.

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Yen Falls Versus Euro, Dollar on Increased Appetite for Risk

March 15 (Bloomberg) -- The yen fell against the euro and the dollar on speculation investors resumed borrowing in the Japanese currency to invest in higher-yielding countries.

The yen dropped against all of the 16 most active currencies including the Australian and New Zealand dollars on expectations investors will resume what is known as the carry trade. U.S. stocks advanced for a second straight day.

``Equities are the leading indicator of investors' risk appetite right now and their willingness to re-establish the carry trade,'' said C.J. Gavsie, managing director for foreign- exchange trading in Toronto at BMO Capital Markets.

The yen fell 0.53 percent to 155.64 per euro and dropped 0.40 percent to 117.56 per dollar at 4:49 p.m. in New York.

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KU's Collins escapes Chicago's mean streets

CHICAGO | Some say Sherron Collins' neighborhood is getting safer, but a few weeks ago, on North Leavitt Street, a girl was stabbed in the temple with a scalpel.

Happened just down the sidewalk from the Chicago Boys and Girls Club, where tonight members of the Kings and Deuces linger on the porch, smoking cigarettes while rehashing the gang fight that erupted a short time ago in the gymnasium.

"You missed it by 10 minutes," says program coordinator Nick Sanchez, still somewhat out of breath from breaking up the fracas. "This one was pretty bad."

A block away, on the corner of Damen and Diversey, a middle-aged man paces back and forth, almost to a cadence, never taking more than three steps before reversing his course. He's babbling to himself and flailing his arms in unpredictable directions, a sign that he may be on crack.

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Need car insurance? Check out some ways to save money before ...

My insurance agent called me today and said my policy was up for renewal. She wanted to update my contact information and see if there were any discounts available on my policy. The call was from my agent, who happens to be in the family, and she actually cares to see me save money. However, some insurance agents might not be so kind, as your insurance premium usually impacts their commission rate. The tips she provided me might not work with every insurance company, and each discount rate varies, but knowing your options always helps. Before you actually get a car, check the insurance rate. Many people believe that insurance for giant gas guzzling SUVs are expensive and that an old Yugo would be cheaper. Some companies increase the liability based on the damage they could inflict on a car, how often they are stolen, and how much damage the car can withstand in an accident.

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Catch 22 dilemma for hybrid cars: aggressive price vs high volume

LONDON: Battery makers and suppliers of other key parts for hybrid, energy-saving vehicles have one overriding question: when will the market be big enough to justify their costs?
A hybrid vehicle, which combines an internal combustion engine and an electric motor powered by batteries that can recapture energy normally lost, costs $4,500 to $6,000 more to build than a conventional vehicle, a recent report by the Sanford C Bernstein investment management firm said.
The upfront cost and load capacity are the main challenges for hybrids due to the expensive electrical motor and battery.
"It is a chicken-and-egg problem – the car makers say to us we want an aggressive price from the beginning and we say to them we can give them an aggressive price when we have the volume," Franck Cecchi, chief operation officer of battery maker Johnson Controls-Saft, said.

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Man ShoeThe apparent confessions of Khalid Sheikh Mohammed to planning the September 11 attacks were today met with shock and scepticism in almost equal measure.

The alleged No 3 in al-Qaida has long been suspected of being the mastermind behind the 2001 attacks in America but, if true, Mr Mohammed's most recent admissions would confirm his as a man the US has described as "one of history's most infamous terrorists".

Mr Mohammed was arrested in Pakistan in 2003 and spent time in secret CIA prisons before being moved with 13 others to a maximum security compound at Guantnamo Bay last year.

His list of confessions, in which he places himself at the centre of al-Qaida plots spanning a decade, are contained in the transcript of a tribunal held behind closed doors at the Cuban camp.basketball nike presented shoes

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USA : Accessories for coming spring!

Man Shoe With the advent of spring, new horizons of fashion arrives but once you buy an accessory it can be used and reused for a long time. Accessories are multifunctional, they can renew any outfit.

Here are some updates for the coming spring season.

This season shoe are prepared to make a fashion statement with lucite heels, cork-soled platforms, high-heeled pumps in yellow, red, polka dot, striped and animal prints. You can also wear flats with shorts, skinny pants or the new wide-legged slacks.

Patent leather jacket is back to add oomph to an outfit. You can wear them over a dress, jeans, capris.

Wide belts worn at the waist made of washed silks and patent leather can bring a 'get up and go' look in you.

Gone are the days when handbags had larded studs, embroidery and accents.

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Cashback is a sweet, melancholy comedy for rueful romantics that should have landed here to honour St. Valentine. But we'll happily take it in the name of St. Patrick.

This expanded feature-length version of the 2006 Oscar-nominated short film by hugely talented young British writer-director Sean Ellis deals with the unhappy consequences of being dumped by a girlfriend.

The question asked is, What is love, anyway? And while we're at it, What is beauty? As formulated by shoe-gazing art student Ben Willis (appealing Sean Biggerstaff, the Quidditch captain in the first two Harry Potter films), there is no easy answer.

Ben is in pain. One day he's thick as thieves with Suzy (Michelle Ryan). The next, she's ditched him for a bigger man on campus. Because he's a sensitive artist, he takes the news like a shaft to the heart. Buy-in-Home.

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Chunky Heels Are Leading Shoe Fashion Parade

This spring, don't worry too much if your toes are round or pointy, or whether you can start wearing light-colored leather: The big shoe stories of the season are about interesting materials and sculpted heels.

A couple of pairs of wood, cork, jute or raffia wedge sandals, plus a peep-toe pump and a jazzed-up ballet slipper will easily fast-forward your warm-weather wardrobe from last Labor Day to the present. Heel heights run the gamut but be warned - they're thicker than last year.
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