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Court Impounds NTA Network Vehicles
allAfrica.com - Monday, June 23, 2008
roadcast activities at the north east zonal network centre of the Nigeria Television Authority in Maiduguri were at the weekend brought to a stand still over an order by a Federal High Court directing that the three vehicles belonging to the NTA be impounded for failure of the broadcast station... more

FCTA Prosecutes 102 Environmental Offenders Repatriates 77 Beggars
allAfrica.com - Monday, June 23, 2008
he FCT Administration from June 3 to June16, 2008, prosecuted 102 environmental offenders to serve as a deterrent to ... more

Galaxy Hosts Public Sector ICT Infrastructure Forum
allAfrica.com - Monday, June 23, 2008
alaxy Backbone Plc, a public enterprise of the Federal Government of Nigeria in conjunction with the Office of the Secretary to the Government of the Federation (OSGF), is organizing a one-day Stakeholders' Forum on ICT infrastructure in the public ... more

Guards Brigade to Go On Peace Keeping - Commander
allAfrica.com - Monday, June 23, 2008
he Chief of Army Staff (COAS) has approved the deployment of a company of soldiers from the Guards Brigade to partake in peace keeping operations, the Commander, Guards Brigade, Brigadier-General Babagana Mohammed Monguno, has ... more

American, African Stars for Abuja Grand Prix
allAfrica.com - Monday, June 23, 2008
he main bowl of the Abuja National Stadium will today play host to the third edition of the Abuja Grand Prix, which is expected to feature some of the best athletes in the ... more

ANPP Condemns Niger Elections Tribunal Verdict, Supports David's Appeal
allAfrica.com - Monday, June 23, 2008
he All Nigeria Peoples Party (ANPP) has condemned the judgement of the election petitions tribunal in Niger State which declared Governor Babangida Aliyu as the duly elected governor of the state, saying it fell short of the expectations of the good people of the ... more

Senate Set to Expose Trillions Spent On Transportation
allAfrica.com - Monday, June 23, 2008
he Senate Ad-Hoc Committee on Transport led by Senator Heineken Lokpobiri will today commence investigations into how trillions of Naira was spent on transportation sector allegedly without commensurate results during the regime of former President Olusegun ... more

Sterling Bank Declares N3.69 Billion Profit
allAfrica.com - Monday, June 23, 2008
terling Bank has posted a profit before tax of N3.69 billion for the half year ended March 31, 2008, up by 178 per cent from the N1.32 billion recorded in the corresponding period of 2007. Profit after tax rose by 178 per cent from N1.112 billion to N3.081 billion.The bank... more

FG to Grant SMES Tariff Concession
allAfrica.com - Monday, June 23, 2008
he current tariff regime for Small and Medium Enterprises (SMEs) is being worked upon to ensure that varying tax and tariff concessions are granted them, the Minister of Commerce and Industry,Engr.Charles C Ugwu, has ... more

New Kano Urban Renewal Programme to Gulp N7 Billion -Commissioner
allAfrica.com - Monday, June 23, 2008
lhaji Ibrahim Garba is the Commissioner, Project Monitoring in Malam Ibrahim Shekarau's government in this interview with Hassan A Karofi, he enumerates the ongoing efforts to turn Kano into a modern city by next year through massive infrastructural ... more


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Return of Development Politics
allAfrica.com - Monday, June 23, 2008
After a long deliberation, the states supported the proposal that funds from our excess crude will go towards this project (power supply) as part of our national efforts to address this problem that we see as key to the development of our great country" - Governor Bukola Saraki of Kwara... more

Interswitch, Banks Move Against Atm Fraudsters
allAfrica.com - Monday, June 23, 2008
nterswitch Nigeria Limited in collaboration with banks last week inaugurated an awareness campaign to protect ATM card holders against fraudsters and to educate them on the payment card in the ... more

NSE and Stock Prices
allAfrica.com - Monday, June 23, 2008
n Monday June 9, 2008, the Nigerian Stock Exchange, NSE, did the unexpected. It ruled that stocks must not trade below their previous day's closing price. This was done apparently to prevent the market from ... more

Federal Revenue Hits N1.9tr in Q1
allAfrica.com - Monday, June 23, 2008
he Central Bank of Nigeria (CBN) has disclosed that the total federally-collected revenue in the first quarter of 2008 was N1.889 trillion, representing an increase of 25.2 and 11.2 per cent over the proportionate budget estimate and the preceding quarter's level ... more

Russia Plans More Investment in Country
allAfrica.com - Monday, June 23, 2008
ith the impressive turn around of the Aluminium Smelter Company of Nigeria Limited (ALSCON) at Ikot Abasi which had been idle for the past eight years into an industrial enterprise by a Russian firm, UC RUSAL, Russia is now to shift more of its investment in Africa to ... more

Senator Endorses Proposed N'delta Summit
allAfrica.com - Monday, June 23, 2008
hairman, Senate Committee on Niger Delta Development, Senator James Manager has stated that there are high hopes that the proposed Niger Delta Summit will meet the expectations of all ... more

U.S. Pushes for Cut in Fuel Subsidies
allAfrica.com - Monday, June 23, 2008
o check the unending rise in crude oil prices, the United States has asked countries to "reduce untargeted subsidies" in a "reasonable and timely ... more

Kano to Use Excess Crude Funds for Urban Renewal
allAfrica.com - Monday, June 23, 2008
he Kano State government says it would spend the recently released excess crude funds on massive urban renewal that would see the city roads turned into three and four lane expressways. Additional water treatment plant, enhancement of workers' salaries and general improvement of social amenities are also said to be... more

Niger Delta Crisis is Out of Control - AC
allAfrica.com - Monday, June 23, 2008
he Action Congress says the Niger Delta crisis has spurned out of control with the unexpected attack on Shell's deep offshore Bonga oil field last ... more

Chevron Suffered Yet Another Attack
allAfrica.com - Monday, June 23, 2008
ilitants in the restive Niger Delta region claimed yesterday, that their fighters had attacked the Chevron oil facility located at Abiteye Olero crude oil line near Escravos, resulting in the shutting down of operations at the terminal which produces more than 100,000 barrels of crude oil per ... more

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