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When Shagari first took office, Nigeria was riding the crest of the oil boom. Its wells were producing up to $26 billion a year. The affluence led the government to press ahead with several expensive development projects, including the construction of a new capital city at Abuja, 325 miles to the northeast of Lagos. Shagari initially promised an end to corruption, but he soon learned that his room for maneuver was limited by the narrower aims of the northern political barons, whose support had ensured his election. Fueled by the oil boom, corruption flourished. Explains a newspaper editor...

Author: /time Magazine | Title: The Light That Failed: Nigeria | 1/16/1984 | See Source »

Procter & Gamble does everything in a big way. The company is the $12 billion enterprise behind such household names as Charmin, Folger's, Crest and Crisco. When P&G decides to add a new product to this list, competitors view the marketing assault as a D-day invasion, and with good reason. Last week P&G launched Citrus Hill, its entry into the $3 billion market for chilled and frozen orange juice. "There's a year of sunshine in every sip," goes the slogan for the ads that blossomed on TV and in newspapers. The commercials portray...

Author: /time Magazine | Title: Dividends: Turning on the Juice | 10/31/1983 | See Source »

...hung from Sydney Harbor bridge. In every village, town and city from Wollongong to Jiggalong, car, bus, train and ferry horns blared and ululated from daybreak on. Crude posters with messages like YOU BEAUTIES and WE KEELED THEM sprouted outside homes, shops and public buildings. At Brisbane's Crest International Hotel, the Early American Inn became the Australia II Inn, its Statue of Liberty decked with the Australian flag, a stuffed koala bear placed in an arm. The stock exchanges saw a surge in shares connected with any enterprise of Perth Entrepreneur Alan Bond, Australia II's backer...

Author: /time Magazine | Title: Sport: Our Cup Runneth Under | 10/10/1983 | See Source »

Workers had to reposition the familiar gilded crest over the door in order to accommodate the new inscription. Dr. Paul Goldhaber, dean of Harvard Dental School, said yesterday...

Author: NO WRITER ATTRIBUTED | Title: Dental School Dedication | 10/6/1983 | See Source »

Anyone who thinks that birth and heritage are an immutable circumstance should send away to one of the genealogy services that will, for a fee, supply one's family tree and family crest. It is astonishing to learn from these services that most of America, back in the mists, springs from ancient royalty...

Author: /time Magazine | Title: Essay: A Good Snob Nowadays Is Hard to Find | 9/19/1983 | See Source »

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