Remove blog-like recent content from  page
Another way is to add the following code in your HOOK_preprocess_page() function in template.php:

if (drupal_is_front_page()) {
  if (isset($variables['page']['content']['system_main'])) {
    unset($variables['page']['content']['system_main']);
  }
}


This causes the default Drupal frontpage node-list in your theme to disappear. This method won't modify your front page title.

You'll probably want configure (admin/config/system/site-information) the Number of posts on front page option to lowest possible value (i.e. 1)  to save some performance too.