Economic Confidential

Archive Media Updates

Media Updates From Others Sources

Governance Index- Nigeria Improves Rank

Senate moves to avert Kerosene crisis

2010 budget pegged at $50

Tompolo to guard oil pipelines

Asari-Dokubo’s groups allege plan to kill their members

FG, states close to pact on funds deductions

FG stops importation of bagged cement

Boost- Kano irrigates 20,000 hectares

FG seeks investors for 8 troubled banks

Deregulation- Fuel may go for N103 per litre

Fraudsters ad- Sony apologizes to Nigeria

CBN to submit 14 banks audit  in two weeks

Oil firms may sack workers over bill

108 Civil Service directors for test

GAT- NASS hands off Arik, Bi-Courtney tiff

Edevbie Not on Trial, London Police Insist

Nobody benefited from Lagos shares in Econet - Tinubu

Nigeria yet to get global nod for extractive industry

CBN: Sacked bank chiefs gone for good

Edevbie Not on Trial, London Police Insist

New Naira Notes in polymer Substrate

REA scam- FG scraps Agency

Audit- 14 banks to know fate October

Govt okays N4.6b for power sector

21 INEC directors to go in January

Assembly for nine hours

Nobody benefited from Lagos shares in Econet - Tinubu

Nigeria yet to get global nod for extractive industry

Edevbie 'Ready to Resign' If Indicted

EFCC clears cells for more bank executives

Bank loan-Ex-Govs plot against VP

Foreign Banks Reject Letters Of Credit

Ex-bank CEO Akingbola surrenders in UK

Tompolo won’t surrender arms

N/Delta- Why amnesty deal may crumble

Nigeria has 65mn mobile subscribers

Soludo, 21 Others Pick Anambra Gov Race -

NEMA- Six varsities get N150 million grant

Who Wants to be A Millionaire-

Ribadu Dares AGF to Prove Treason Charge

N/Delta- Why amnesty deal may crumble

Nigeria has 65mn mobile subscribers

Soludo, 21 Others Pick Anambra Gov Race -

NEMA- Six varsities get N150 million grant

Who Wants to be A Millionaire-

Ribadu Dares AGF to Prove Treason Charge

Printing naira for bailout

Sanusi floors Reps on N420bn bail-out

MTN, Globacom Others wants Nitel

EFCC search bank chiefs’ foreign accounts

Disquiet in govt over pay disparity

Nigeria’s foreign reserves drop by $1.8bn

Tension in Bayelsa over N100bn bond

Printing of N420b by CBN illegal, say Reps

Sanusi- - I will resign if

*Nigeria earns $6.9bn from oil

*Niger Delta Militants on Spending Spree

*FIRS reopens PAN over N1.2bn

*Factors That Shaped The President's Policy

*Sanusi Promises More Shocks

*Nigeria earns $6.9bn from oil

*Niger Delta Militants on Spending Spree

*FIRS reopens PAN over N1.2bn

*Factors That Shaped The President's Policy

*Sanusi Promises More Shocks

*PENCOM decries poor project management

*CBN to sell bailed banks 100% to investors

*New tenure splits federal perm secs

*No plan to sell banks yet – Sanusi

*Jimoh Storms EFCC with Documents

*FG Loses $1.2bn over Closure of Soku Gas

*Banks shake-up hits market- Shares drops

*FIRS shuts PAN over N1.2billion debt

*CBN to sell bailed banks 100% to investors

*More Banks May Go - New Capitalisation

*EFCC recovers N25bn from banks’ debtors

*New tenure splits federal perm secs

*No plan to sell banks yet – Sanusi

*Jimoh Storms EFCC with Documents

*FG Loses $1.2bn over Closure of Soku Gas

*Banks shake-up hits market- Shares drops

*Ibru surrenders to EFCC

*Nigeria's oil output hits 1.7m daily

*Nigeria to Earn Foreign Revenue from IT

*Presidency to Retire 9 P. Secs, 60 Directors

*South-West demand new revenue formula

*Outcry over new Auditor General

*W/Bank lauds CBN’s searchlight on banks

*NEITI Awards Meter Infrastructure Study

*ICPC probes ex-minister Ezekwesili

*RMAFC:NNPC to return N12.64bn to FAAC

*ICPC probes ex-minister Ezekwesili

*N747bn loan- Dangote, Jimoh pay N6b

*Debts- EFCC boss moves to Lagos

*RMAFC:NNPC to return N12.64bn to FAAC

*CBN  puts N100m debtors in new list

*CBN, EFCC advised to follow due process

*Non-performing loans will affect pension

*UMYA backs sanusi's reform, No Agenda

*Nigerian oil militants surrender rockets

*How bad loans can be recovered — Jimoh Ibrahim

*CEOs of 13 banks panic over CBN audit - Debtor-companies face liquidation

*EFCC arrests two more bank chiefs

*UMYA Excited By Sanusi, Stephen's Actions

*EFCC gets order to detain ex-bank MDs

*Eagles need N2.3b for W-Cup ticket -

*Debtors- Topshots Move against Publication of Fresh List

*Many ministries don’t need capital budgets — DG, BPP

*How bad loans can be recovered — Jimoh Ibrahim

*AFC Probes, Yar'Adua Clears Soludo

*Govt suspends gas export projects

*Reps back Globacom’s bid for NITEL

*Elumelu, others to face 158 fresh charges

*Fear grips banks over militants’ accounts

*Budget 09- UMYA, NASSFace-off Deepens

*How govt nailed Transcorp over Nitel

*10 yrs of economic motion, no movement

*Etisalat offers cheaper call and SMS rates

*CBN Gov: Sanusi faces full Senate today

*AFC Probes, Yar'Adua Clears Soludo

*Govt suspends gas export projects

*Reps back Globacom’s bid for NITEL

*Elumelu, others to face 158 fresh charges

*Fear grips banks over militants’ accounts

*Budget 09- UMYA, NASSFace-off Deepens

*How govt nailed Transcorp over Nitel

*10 yrs of economic motion, no movement

*Etisalat offers cheaper call and SMS rates

*Meltdown- Banks hold merger talks

* Crunch: Govt to drop oil reserve target

*Dollar crashes against Naira

*Gov earns N2.4trn from excess crude in '08

*Bribery: Nigeria To Prosecute Two Britons

*Nigeria, Others Face $700bn Funding Gap

*Musa, named new CEO of TCN

*A Lawyer and the London connection

*FG rejects oil blocks by railway contractors

*FG loses N165.5bn to Obj’s import waivers

*Firms wont pay dividends to Shareholders

*NITEL to sack 1500 tomorrow

*Importers of contraband granted concesion

*Power- More Top Shots Fired

*FG fumes over NASS' touch of 2009 budget

*FIRS suspends 2 banks over tax collection

*Banks adopt December financial year end

*Fed Govt jacks up approval limits for MDA

*Economy- Lagos suspend foreign trips

*EFCC Arrests Agagu Over N25b Fraud

*N177bn Subsidy Unsettles Power Sector

*NASS fines Lukman, orders sack of a CEO

*Panel- OBJ govt blew $13b on power

*Govt approves N8bn bailout for NITEL

*FG tackles budget deficit

*Budget's setback as FG stops $500m bond

*Importers of contraband granted concesion

*5 Nigerian Banks make top Global 500 List

*Yar’Adua- Why We Opted for Salary Cut

*Robbers on the rampage, kill 7 policemen

*Shamsuddeen chairs V20-20 meeting

*Obasanjo, Atiku diverted $76m

*Govt. to cut political officers' pay

*Rivers, Lagos, Kaduna top in '09 budgets

*NASS Probes N231b Natural Res' Fund

*CBN Restricts Banks on Resale of Forex

*Reps hide N2.3bn car probe report in bank

*Savannah Bank- NDIC goes to Apex Court

*KNSG to declare contractor wanted

*Fed Govt, states to share N4b

*FG Declines Bailout For Banks

*N822b flight led to Capital Market crisis

*N70bn textile fund for disbursement March

*Chevron demands $0.5 mn from villagers

*Lagos records N3.68tr GDP

*FG dumps OBJ’s Heart of Africa project

*Oil prices rise, Iran seeks pact with Nigeria

*Economy tops agenda as Yar’Adua returns

*Minister defends $50m polio loan

*Interest Rates Soar as States borrow

*N500m Found in NERC’s man’s account

*FCT To Introduce Property Tax – Aliero

*Stock market loses N2.2tr in January

*Naira, Oil crash- Banks to lose N300bn

*Asoluka condemns call for Soludo's sack

*Interest Rates Soar as States borrow

*N500m Found in NERC’s man’s account

*26 jostle for PPPRA top job

*CBN plans to prevent banks’ failure

*Court orders re-opening of Savannah Bank

*FCT To Introduce Property Tax – Aliero

*Reps to probe $125bn foreign reserve loss

*Lagos raises N58.9bn from capital market

*Stock market loses N2.2tr in January

*Naira, Oil crash- Banks to lose N300bn

*Economy Must Be Diversified - Finance Minister

*Nigeria’s economy in crisis-Minister

*Nigerian stock market slips to worst performer in the world

*Govs draw succession plan for Yar’Adua

*Why banks allow robbers to steal their money – Okiro

*Take over sick banks, firms, SEC tells FG

*World Bank seeks help for Africa on global meltdown

*Nigeria to launch two satellites with $500m

*Muhtar- How Global Crisis Affects Nigeria

*Asoluka condemns call for Soludo's sack

*Interest Rates Soar as States borrow

*N500m Found in NERC’s man’s account

*26 jostle for PPPRA top job

*CBN plans to prevent banks’ failure

*Court orders re-opening of Savannah Bank

*FCT To Introduce Property Tax – Aliero

*Reps to probe $125bn foreign reserve loss

*Lagos raises N58.9bn from capital market

*Stock market loses N2.2tr in January

*Naira, Oil crash- Banks to lose N300bn

*Fed Govt may reacquire banks’ shares

*Stock market loses N2.2tr in January

*Naira, Oil crash- Banks to lose N300bn

*Global crisis takes toll on real sector

*Nigeria's capital market, world's worst hit

*Nigeria' Capital market loses N9tr

*Polio- Nigerian governors meet Bill Gates

*CBN to Sanction Banks on Interest, loans

*Oceanic, UBA at war over N1bn MTEL

*A Nigerian donates $1m to US university

*Foreign reserves drop by 11 per cent

*Union queries Yuguda's N300m wedding

*Nigerian Bribe- Halliburton to Pay $559m

*Polio- Nigerian governors meet Bill Gates

*OBJ - Group sues FG over N500m debt

*CBN to Sanction Banks on Interest, loans

*Reps OK N3.07tr budget, stop S' Accounts

*FG Revokes 2 Oil Blocks

*Nigeria's capital market, world's worst hit

*A Nigerian donates $1m to US university

*Nigeria' Capital market loses N9tr

*Yobe gov, Ali, dies in U.S

*2009 Budget: States in Troubles

*FG redeploys permsecs

*NNPC Spends N4.7tr on Dwater Discoveries

*Foreign reserves drop by 11 per cent

*Union queries Yuguda's N300m wedding

*Oceanic, UBA at war over N1bn MTEL

*500 died waiting for pension - NUP

*Nigerian Bribe- Halliburton to Pay $559m

*Excess Crude: S'Court Orders FG, States to Settle Out of Court

*N330million Oil Theft- EFCC to prosecute 6 Ghanaians, 1 Nigerian

*Oil workers reject new fuel price

*Police parade goat as robbery suspect

*Petrol now N65 a litre

*Kano, Now Most Populous – Census

*FG, States' Talks On Excess Crude Failed

*Calabar to get $1.5 billion Energy City

*Telkom Stakes $130m in MultiLinks

*FIRS boss advises FG on 2009 budget

*Spain partners Kano on industrial growth

*2009 budget- Reps postpone passage

*Ogun, France parley on development

*Excess crude fund- FG opts for settlement

*Naira Gains, Now N138 to $1

*FG names Scribe for Petroleum Directorate

*FG considers N3tr against global crunch

*BPE Shortlists 17 Investors for SAHCOL

*Soludo- Obama’s Energy Policy, Our Threat

*FCTA To Spend N10b On Roads In Satellite

*Bode awarded 29,526 contracts at NPA

*Senate okays FG's plan for $500m bond

*How robbers ambushed CBN bullion van

*Ministers liable for failures– Yar’Adua

*Excess crude fund- FG opts for settlement

*Naira Gains, Now N138 to $1

*FG names Scribe for Petroleum Directorate

*Barkindo sets new agenda for NNPC

*Govt to power Abuja with generators

*Nigeria's oil wells may dry up in 30 years

*Naira’s value drops, now 140 to one dollar

*FG Considers Fuel Tax

*No new oil discovery in Nigeria since 2005

*Ministry asks for N4.1b to furnish offices

*Telcoms, Differ With Akunyili On Tariff

*FCT to spend N16b on rail project

*Shekarau jinx breaker... Won at Appeal

*ICPC Probes Gov. over N65b on wives, etc

*CBN deploys fraud monitors in banks

*Budget- House Soft-pedals

*Oil Price Wont Affect 2009 Budget

*Naija pirates seize French Ship Want$25m

*ICPC Probes Gov. over N65b on wives, etc

*FG to review of oil prices; crude nears $50

*OBJ’s ex-aides evicted from  Villa

*CBN deploys fraud monitors in banks

*Budget- House Soft-pedals

*States, LGs may now fund police

*Oil Price Wont Affect 2009 Budget

*Akunyili wants telecom tariff reduced

*Ports to be decongested within 60 days

*Anambra, Delta Pull Out Of Niger Bridge Project

*Nigerian-built Helicopter Ready for Launch

*2009’ll Be Tough, Obasanjo Warns

*NASS audits N80 billion spending

*Fuel marketers want N54.8b for subsidy

*Nigeria Should Expect in 2009 Oil- Experts *Power report: EFCC to probe PHCN, CBN

*BPE records one deal under Yar’Adua

*EFCC hunts for Mu’azu Over N6bn loot

*CAC to Deregister 400,000 companies

*6000 Police Retirees to Share N10.4bn

*Kano declares N19bn receipt

*FG earns N7.6trn from oil in 10 months

*Obama-Donors to forfeit fund

*Senate didn’t pass 2009 budget properly

*Investors' Losses Rise To N6.3tr

*FG to Establish Cottage firms in 774LGCs

*Senate summons BPP over NEMA Copter

*Petrol price’ll remain at N70, NNPC insists

*Minister blames oil firms for N/Delta crisis

*BoI to raise N250b from capital market

*CBN Monitors Banks' Offshore Operations

*Take Back Your Coins- Nigerians tell CBN

*FG, states, LGs share N31trillion

*Comm suggests 2year for Senators, Reps

*S'South lawmakers want N107.4b for NDDC

*Officials to face trial over N64b oil subsidy

*Gani Rejects National Honour

*FG Set to Reduce Pump Price of Fuel

*Min of Defence abandoned N17bn projects

*Fuel crisis looms over unpaid N62bn debt

*NNPC holds FG, states to ransom over FAAC

*KNSG spreads devlpt to rural areas

*Presideantial election- Apex Court rules

*Uwais' Cttee OK independent candidates

*Assembly Probes 2009 Budget Deficit

*CBN rolls out strategies for stable economy

*Ribadu turns up at EFCC

*World Bank's N280b 'fast-track' aid

*Reps reject N300b likely unspent fund

*Gani, 274 others bag national honours

*N100m Scam: Halima Denies Involvement

*Oil Price- FG Seeks  Sources of Revenue

*Presideantial election- Apex Court rules

*Yar’Adua wants immunity clause removed

*World Bank predicts global gloom

*NSE, CBN set to rescue Capital Market

*Aso Rock to spend N4.2bn on food &others

*Arik Commences Lagos-London Route

*NLC warns Yar'Adua on Ribadu

*Kwara to construct science village

*Rep to present bill on indigeneship

*BBC donates equipment to BUK

*FG seizes N75m Obama funds

*Falling oil price may force budget review

*Kwara to establish N1bn science village

*EFCC unserious on ex-governors’ – TI

*Prospective states should have N1bn IGR

*NASS lists 10 conditions to pass budget

*Yar'Adua to reinvent public service reform

*N2bn hospital for Kano in 2009-- Shekarau

*World Oil Demand to Decline by 500,000bpd

*Police c’ttee recommends Ribadu’s sack

*Court summons 23 banks over N262m debt dispute

*EFCC arrests national honours awardee over N700m fraud

*South East moves for economic integration

‘*Military can’t pay pension arrears’

*Senate rejects pact on $625m oil blocks

*Why Naira is Falling -Soludo

*Naira Crash- Oil to Rake in Extra N530bn

*FG probes NNPC

*Works, power get more in N2.87tr budget

*3,000 houses to go for Lagos light rail

*N’Delta C’ttee Proposes 25% Derivation

*FG to refund N4 tr into federation account

*FG Spends Over 2bn On Border Devt

*Nigeria among top 10 telecoms nations

*Oil firms reevaluate NNPC's projects

*Justice Kutigi tasks banks on rule of law

*NEMA distributes relief materials in Jos

*Budget09- Poor allocations to critical sectors

*Infrastructure body ICRC Inaugurated

*Lukman wants subsidy removal, tax hike

*Infrastructure body ICRC Inaugurated

*NASS' budget may be slashed by 50%

*Reps to visit China over NigComSat

*Housing- FG Sacks FHA Boss

*Nigeria's 24 Banks Credit Hits N7tr-CBN

*Turaki disowns $118m worth oil bloc

*EFCC warns banks over female workers

*KNSG approves over N400m for Radio/TV

*Ondo proposes N95 billion budget

*Govt pegs oil at $30-$40 for budget

*Nigeria To Defy OPEC On Production Cut

*FG to Fund Budget from Excess Crude

*Govt okays N11.7b ecology contracts

*Waziri of EFCC recovered N10bn funds

*Stock Mkt- SEC names 3 market makers

*NNPC meets Niger Delta militants

*Lagos-Kano rail route resumes Dec 4 -NRC

*Kabir, ex-PTDF boss, left N58bn for Darma

*Banks and corporate social responsibility

*EFCC-Ribadu bought houses in Dubai...

*Nigeria Gets N90b World Bank Loan

*Gas flare fine meager, says Mark

*Delta Militants Now Target Bankers

*Excess oil cash hits $22.75b

*Adenuga Awarded Pan-African Investor

*NASS to Probe Fuel Importation & Lifting

*Power worsens as PHCN loses 1,000MW

*Panic over northernisation of energy sector

*I pay N5million for Freedom-Lawmakers

*Kano Market on fire again!

*Woes hit nation's oil sector

*Financial Crisis- CBN Chief Allays Fears

*Nigeria Indian trade Hit $1.2tr

*FG recovers N46b Abuja houses sales

*Lagos-Kano Rail  ‘Inflated by $700m’

*EFCC to recover N62.18bn from ex-govs

*CBN warns money transfer operators

*Approve 13% derivation for HYPADEC state

*Kano Market on fire again! .

*Falling oil prices-Excess crude, reserves to fund budget

*Lagos In Court Over N12b IPP Deductions

*Nigeria’s Satellite in N8b insurance scandal

*SEC okays three firms as market makers

*Yar’Adua okays N10bn PDP edifice

*Reps discovers N134.3bn debt by oil firms

*FirstBank is Quoted Company of the Year

*Cadbury Directors Banned... to Face EFCC

*New Naira: Redenomination Revisited

*How civil servants defraud govt— AG

*FG, states, LGs face cash crunch - Minister

*FG Opens Separate Gas Revenue Account

*FAAC shares out N437b to 3 tiers

*Nigerian Satellite Begins Fall to Earth

*PDP rakes in billions at fundraiser

*Hiccups may push up phone tariffs

*Osunbor’s men in N500m withdrawal

*FG approves release of N10bn rice fund

*NASS to Reject $3bn World Bank Loan

*NDIC pays failed bank depositors N73.4bn

*I was paid N1 million to smear Bankole

*Drop In Oil Price May Delay 2009 Budget

*Kano megacity needs N500bn

*Oil falls to $60 as China spending wanes

*FG to ban aircraft without ELT

*'Federation Account not audited since '99'

*ACF proposes mega bank for North

*Oshiomhole- Philosopher Becomes King

*Oil falls to $60 as China spending wanes

*NDIC pays failed bank depositors N73.4bn

*FG to ban aircraft without ELT

*Intels GM assassinated

*W/Bank boosts support for Africancountries

*Excess Crude Oil: How FG Frustrates Suit

*Govt okays N55b for fuel subsidy

*How N1b Constitution review cash will be spent

*'Federation Account not audited since '99'

*ACF proposes mega bank for North

*Excess Crude Oil: How FG Frustrates Suit

*Govt okays N55b for fuel subsidy

*How N1b Constitution review cash will be spent

*'Federation Account not audited since '99'

*ACF proposes mega bank for North

*Governor flays FG on foreign reserves

*Ribadu Faces Sack

*World Bank offers Nigeria N351bn loan

*20,000 houses in Kano kicks-off soon

*Reps Query PTDF Over N34B

*$100m For Foreign Investments Infrastructure -Finance Minister

*$100m For Foreign Investments Infrastructure -Finance Minister

*EFCC Arraigns Indian over N1667bn Fraud

*Nigerians Urge UMYA to Hurry Up Agenda

*FG yet to refund N74m Obama fund

*FG okays measures to implement budgets

*Niger Bridge Not Safe- Govt, Contractors

*Govt spends N51bn to procure fertiliser

*ICPC probes Reps N2b car deal

*Senate Begins Debate on HYPPADEC Bill

*Legislators threaten  Chinese products

*FG needs N43b to pay pensioners

*JTF destroys 300 illegal refineries

*N/Delta: Oil Firms Owe Communities N11b

*Plot to sack Bankole exposed

*Another Dirty scam hits House of Reps

*Uncertainty over new ministerial list

*Govs Are Choking Local Councils-ALGON

*States disagree on FG’s power on VAT

*Fire destroys over 3,000 shops in Kano

*Minister reveals how $10b was wasted

*Stock Market Crisis Wont Affect Banks-CBN

*Bank to sell senator’s hotels over N504m

*Secret Probe Of OBJ - Bizmen in Trouble

*Oil- Nigeria Targets 4 million bpd in 2009

*Banks Shareholders Funds Hit N2.7tr

*£3.7m loot- Plateau get order against FG

*Ajumogobia defends $45 2009 Benchmark

*NIMASA: How N120mn Went to Trips

*Yar’Adua sacks 20 ministers

*Banks’ N1.5tr trapped in loans for stocks

*My Life is in Danger- Ribadu

*FG Suspends $3.8bn Rail Contract

*Govt proposes N2.67tr budget for 2009

*VP, Govs, Pressurise Yar'Adua On FIFA U-17

*RMAFC protests sharing of revenue in dollars

*Nigeria Customs impound N27.2bn contraband

*Pension fund assets hit N970bn —PENCOM

*Stock Market Dips as NSE Removes ‘Circuit Breaker’

*Pension fund assets hit N970bn —PENCOM

*Yar’adua makes u-turn on World Cup- Budget plummets to N9bn

*FG Declares South East Ecological Disaster Zone

*FG spends N338.8bn on fuel subsidy outside budget

*Work on $3b private refinery to commence soon

*North’s Oil find elates Shema...As Tandja launches Niger’s first refinery

*‘Banks can’t fund infrastructure alone’

*Customs boss in paternity row

*Excess crude account hits $17 billion

*NESG lists hurdles against Vision 20-2020

*Tough times ahead as oil price drops further

*Only 4 Nigerian banks are sound- NDIC

*I did not loot to buy house – FCC Boss

*Reps Probe N5tr Niger Delta Fund

*Privatised firms are wobbly - BPE

*FG to Conduct Census of Nigerians in US

*ACF commends dredging of River Niger

*Excess crude- Zamfara LGs receive N8bn

*Oil in Free Fall Despite OPEC Cut

*2008 Budget Suffers N1.2 Trillion Deficit

*House of Reps for Probe Over New Cars

*EFCC Scandal over withdrawal of case

*Northern govrs unserious aboutpoverty

*Benue spends N19.5bn on infrastructure

*NNPC Probe- Ministers Face Panel

*Fed Govt to resume oil exploration in Lake Chad

*Niger Bridge- NEMA writes Diezani Allison-Madueke, Peter Obi

*Financial Crisis: Probe Banks- AC

*FG To Introduce New Electricity Tariff In 2009

*Oil in Free Fall Despite OPEC Cut

*2008 Budget Suffers N1.2 Trillion Deficit

*House of Reps for Probe Over New Cars

*EFCC Scandal over withdrawal of case

*Northern govrs unserious aboutpoverty

*Benue spends N19.5bn on infrastructure

*NNPC Probe- Ministers Face Panel

*Fed Govt to resume oil exploration in Lake Chad

*Niger Bridge- NEMA writes Diezani Allison-Madueke, Peter Obi

*Financial Crisis: Probe Banks- AC

*FG To Introduce New Electricity Tariff In 2009

*Yar'Adua sends extra N683b budget to National Assembly

*Fed Govt to resume oil exploration in Lake Chad

*‘Nigeria Needs $100bn for Infrastructure’

*Nigeria’s improvement on corruption index ‘startling’— World Bank

*Niger Bridge- NEMA writes Diezani Allison-Madueke, Peter Obi

*Financial Crisis: Probe Banks- AC

*‘BBC spends N2.5bn on programmes in Nigeria’

*FG To Introduce New Electricity Tariff In 2009

*Quranic education- FG disburses N90m to 15 states

*Financial crisis stops Nigeria hosting World Cup

*EFCC probes Obasanjo for alleged corruption

*Financial crisis stops Nigeria hosting World Cup

*Ministers absent from global meetings over cabinet shake-up

*Reps Pass N1.6trn Amended Budget 2008

*FG Ready With 2009 Budget

*Council restructures Stock Exchange

*NNPC Begins Oil Exploration in Chad Basin

*Gunmen Abduct Oil Worker's Children

*Delta- Amaechi seeks 50% derivation

*FG assures farmers of goodies

*EFCC boss faults Ribadu's anti-graft war

*NEC Suspends Action On Power Until Cabinet Reshuffle

*Presidency, govs review power projects

*Nigeria-China Trade Hits $3bn

*FG Earns $300bn from Oil Revenue

*No bail-out plan for capital market – FG

*IBB- I’ll state how $12b oil windfall was spent

*Capital Market Loses N3tr in 6 Month

*NASS to address  NGC's N16 bn with PHCN

*KNSG supports new water programme

*Kwara to float N30bn bond

*North to commence oil and gas exploration

*No plan to scrap NNPC, govt assures

*N1.6 Trillion Needed to Tackle Food Crisis

*President Yar'Adua gets report on N64b fuel subsidy fraud

*JTF sinks militants’ boats, arrests 7 oil bunkerers

*Senate- Failed Banks’ Directors Owe N50bn

*FG- uel subsidy no more feasible -

*LG workers Protest over Proposed Abolition

*Newspapers lament poor revenues

*FG Looks Beyond Oil Revenue, As Crude Sells For $72

*Crisis- Bank chiefs beg FG for bailout

*Govt approves 1.68% of FAA for agric

*FG Approves Direct Procurement for PHCN

*I can’t make up case against OBJ Farida

*Foodstuff prices crash

*‘Oil Industry Reform Bill to be Passed’

*OPEC Reduces 2009 Oil Demand Forecast

*Court Orders Shell to Forfeit Oil Terminal

*World Bank Warns Nigerian Bank

*Presidency To Scrap NNPC

*CAN boss seeks probe of LG’s N3 trillion

*Why vision 2020 may fail — Mark

*'How global crisis affects Africa'

*Crisis- US buys banks’ shares with $250bn

*Nigerian Stock Exchange may close down

*Court Orders Shell to Forfeit Oil Terminal

*World Bank Warns Nigerian Bank

*Presidency To Scrap NNPC

*Militants Write N/Delta Comm, Fault PTDF

*FG vows to solve N-Delta problem

*CAN boss seeks probe of LG’s N3 trillion

*Why vision 2020 may fail — Mark

*Senate okays N29b for NCC

*Nigeria's oil windfall account depleted — Soludo

*Global Financial System is in Danger-IMF

*Presidency reworks 2009 budget

*Senate Probes $5.9bn Excravous Gas

*Global crisis may hit Budget 2009- Soludo

*Files on ex-governors missing, says EFCC

*FG Seeks Foreign Aids on Oil Spill in N’Delta

*N700bn trapped in private placements

*NERC puts in place power trading arrangement

*CISLAC Tasks NASS On NEITI Law

*Global Financial System is in Danger-IMF

*Investors Panic As Oil Falls Below $78

*Senators, Reps' disagreement Budget

*Gidado Blasts Critics of Federalism

*Power probe panel wants firms blacklisted

*Affordable houses for all not realistic, NIA

*11 Countries Seek Nigeria’s Safety Model

*South-senators adopt agenda for constitution amendment

*Nigerian Banks Win Global Awards

*Oceanic Bank grows profit by 127%

*States okay N614b on power Emergency Project

*Gas Flaring Bill Passes Second Reading

*Six banks to rescue capital market with N600billion

*Nigeria, fifth world hunger prone nation – FIIRO DG

*Fuel Subsidy to Exceed N1.5tr in 2009

*More insurance companies to go - NAICOM

*Northern Econ Summit- Kukah, Utomi bash govs

*Oceanic Bank grosses N150bn

*States okay N614b on power Emergency Project

*Gas Flaring Bill Passes Second Reading

*Six banks to rescue capital market with N600billion

*Nigeria, fifth world hunger prone nation – FIIRO DG

*Fuel Subsidy to Exceed N1.5tr in 2009

*More insurance companies to go - NAICOM

*Northern Econ Summit- Kukah, Utomi bash govs

*Oceanic Bank grosses N150bn

*Senate orders audit of Federation Account

*Yar'Adua, Sultan Challenge North on Industrilisation

*Investment in telecoms hits N1.3 trillion - Yar’Adua

*Nigerian Stock loses N46b as global crisis deepens

*NSE delists nine more companies

*Oil firms to boost power generation by 2900Mw

*No axe to grind with Shekarau...Buhari

*Cabinet Reshuffle- Modibbo, Others' Fate Uncertain

*Falling oil price threatens 2009 budget

*Presidency in overdrive on amended budget

*World Bank Issues $1.5bn Bond to Capital Market

*NNPC fails to remit N374b

*Northern economic summit opens

*CBN Directs Banks to Restructure ‘Bad Loans’

*Nigeria saves N90bn from technology transfer

*N400b unspent budgeti is failure of governance- AC

*Bauchi State has 156,000 HIV/AIDS patients’

*US crisis:Nigeria in danger, say brokers; No-Bankers

*Presidency to tackle job, food crises

*World Bank Approves N16.8trn For Nigerian Health

*Chevron Restores 20,000 bpd Crude Output

*Shell needs $3bn to complete gas projects

*CBN releases banks’ lending rates

*N-Delta ministry- Ijaw seek ministerial slot

*EFCC Now National Institution -FG

*31 states establish DMD offices -- DMO

*Our accounts intact—Rivers

*Sokoto to partner with Chinese investors

*Senate Probes N70bn Loan to Transcorp

*Nigeria- 48 years after independence

*Promises, worries as Nigeria turns 48

*Nigeria’ll be Among 20 Leading Economies by 2020’

*Experts Comments On Nigeria’s Foreign Policy

*How Nigeria spent debt relief, by World Bank

*FG earns N96bn from levies – CBN

*Experts blame banks, FG over crisis in stock market

*FG realises N400bn from unspent budget- Yar''Adua

*CBN moves to avert danger to external reserves

*EFCC freezes Rivers State’s govt account

*FDI- Africa inflows hit N6tr in 2007

*Govt suspends PPPRA scribe

*FG bans tokunbo cars - Of 10 years and above -

*Privitisation revenue intact, says BPE

*FG Subsidises Electricity Tariff With N179bn

*Bank customers make panic withdrawals

*Gas- FG to impose stiff penalties on oil majors

*Robbers raid Ibadan bank, police kill three

*Afribank Assets Hit N336bn

*Nigeria’s investments in Ghana worth over N58.5bn

*World leaders want end to financial crunch

*Nigeria received N696bn foreign aid in 8 years’

*Yar’Adua Receives Final Population Figure

*Shamsudeen demands results on $3.6bn grant

*$62.5 oil benchmark for Budget 2009

*Anxiety Over Nigeria's $63bn Foreign Reserves

*Niger Bridge May Collapse Before Christmas

*15 million registered Nigerians yet to get ID cards

*Ajaokuta:Former Managers Owe Banks N23bn’

*Access Bank plans N24bn expansion to 4 countries

*Soldiers invade militants’ hideouts - Arrest 229

*New Refineries for Akwa Ibom, Lagos, Calabar

*Govt to verify N462b loans from World Bank, others

*BPE To Privatise PPMC, Nigeria Gas Company

*Cadbury directors fail to quash indictment

*TI rates Nigeria 121st in corruption index

*EFCC Nabs Fraudster with Fake $2.1m

*Pension- Goje sues Tukur for N300m

*N19.5bn scam case ruining my career —Borishade

*Investments in rail to reap N46bn revenue - Fashola

*Foreign capital inflow hits $8.5bn --CBN

*Oil in biggest jump ever as Defence rejects ceasefire

*Reps' panel may invite govs over tax liabilities

*Otedola To Invest $2b In Cement, Sugar

*FG Targets $900bn GDP, Double Digit Growth

*Mtel Gets New Investor By Feb 2009

*FG makes N587bn from privatisation

*First Inland Bank Now FinBank

*Intercontinental Bank, others to dominate Africa

*Bank of Industry building demolished

*Bauchi constructs N10 bn roads

*Akwa Ibom to establish $12b LNG project

*Lagos to spend $2b on waterways

*Foreign capital inflow hits $8.5bn --CBN

*Bank of Industry building demolished

*Price Of Rice Drops By 3.6%

*Militants Suspend Attacks on Oil Facilities

*Black box of crashed plane flown to Britain

*Half year- GTB posts N23 bn profit

*JTF arrests 11 suspected illegal oil bunkerers

*Gates overtakes Buffet as world’s richest man

*UNICEF to Spend N54bn in Nigeria

*CBN Injects N150bn, cut interest against Global crisis

*Reps query $250m payment to firm for railway

*Power- NASS Approves $71.8m Intervention Fund

*Minister under probe over N80m property

*Russian Firm Shows Interest in Mtel/NITEL

*Jang sacks 57 directors for embezzling N6.9billion 

*Grant scheme okays N1.7bn for Kano

*Rep Probe Speaker on Alleged Corruption

*Experts examine proposed Civil Forfeiture Law

*Navy sinks militants' boats, kills 12

*Robbers escape with bullion van, kill policeman

*First Bank Secures Global Custody Service License

*FG under fire over Channels TV closure

*Rep Probe Speaker on Alleged Corruption

*Navy sinks militants' boats, kills 12

*Oil shut-in rises as militants renew attacks

*Gas Price- NNPC, NGC Disagree with PPMC

*LGs Receive N49.7bn FAAC In 15 Months

*Robbers escape with bullion van, kill policeman

*ICPC Recovers N4.7b Unspent 2007 Funds

*SEC raises alarm over liquidity in capital market

*Stock Exchange- No cause for alarm - Soludo

*First Bank Secures Global Custody Service License

*FG to Invest N30bn in Railways

*Zenith Bank Sierra Leone begins operations

*Oil War: Mend Declares Full Battle

*Nigeria needs N4 trillion for UBE , says World Bank 

*Disquiet Over AP's N250 Price Offer

*FCC asks Yar’Adua, MDAs to submit staff list

*CBN calls meeting over global crisis

*NITEL accuses PTOs, GSM operators of sabotage

*Liquidated Insurance Coy Rakes In N38.8m Profit

*FG to Invest N30bn in Railways

*N-Delta crisis won't discourage Japanese investors

*Zenith Bank Sierra Leone begins operations

*Yobe sends 595 students to Turkish schools

*Govt drops cash-call funding of oil joint ventures

*CBN Mops N9.3bn from Circulation

*FG announces new measures on capital market

*Shell’s facility set ablaze as troops, militants clash

*Nigeria’s External Reserves Safe, As Wall Street Hit

*ADB’s credit to Nigeria hits $820m

*NAPEP disburses N758m loan in Adamawa

*States Delay Power Emergency

*UN grants Nigeria $1bn aid

*Militants to destroy oil facilities - battle with military

*FG, states, councils share N441b

*How Yar’Adua Personally Assessed Ministers

*My plans for Niger Delta, by Yar'Adua

*FG loses $6bn to foreign oil firm

*Kerosene price to rise by 50%

*N11.46bn depositors’ funds still trapped - NDDC

*FG plans 112 Primary Health Centres

*Ajaokuta Steel Set For Audit, As FG Invites TPE

*Lagos seeks more funds

*Nyako Suspends Wages of 10, 000 Aides

*Yar’adua restructures ministries

*Eight oil blocks ‘sold illegally’ at N14b

*We'll set targets for FG, oil coys, others — Mitee

*NAPEP:N4bn for village, 70m Nigerians Lives on N65

*World Bank lists conditions for FDIs to Nigeria

*FG to Raise $500m Bond for Infrastructure

*UK Exports to Nigeria Hits 2bn Pounds

*Investors still apprehensive over stock market

*IFC rank Nigeria 118 in business reforms

*Nigeria’s financial system among world’s worst - WEF

*Senate c’ttees to screen Fiscal and ICRC nominees

*N100m bribe- Reps probes of Elumelu comm

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