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Category Archives: NEWS

Iran, Japan for Nigeria 2009 - The Punch

Iran, Japan for Nigeria 2009The Punch, Nigeria - 27 minutes agoBy Agency reporter Four countries from the Asian Football Confederation have booked their tickets for the Nigeria 2009 Under-17 World Cup. …

Virgin Nigeria deal not transparent, says FG - The Punch

Virgin Nigeria deal not transparent, says FGThe Punch, Nigeria - 1 hour agoBy Oluwole Josiah and Oyetunji Abioye The Federal Government on Tuesday admitted that the process that led to the emergence of Virgin Nigeria Airways as a …Obasanjo …

Financial crisis: Nigeria must be prudent – Okonjo-Iweala - The Punch

Financial crisis: Nigeria must be prudent – Okonjo-IwealaThe Punch, Nigeria - 1 hour agoShe said this could result in budgetary constraints for Nigeria if world prices should fall below the 2009 benchmark of $62, for instance. …

Nigeria spends N358bn on equipment import - The Punch

Nigeria spends N358bn on equipment importThe Punch, Nigeria - 1 hour agoBy Everest Amaefule, Abuja Nigeria spent N358bn in 2007 on the importation of equipment that could have been produced in the country, the Director-General, …90% of raw …

USAID Project Treats Nigerian Women with Reproductive Tract … - Voice of America

USAID Project Treats Nigerian Women with Reproductive Tract …Voice of America - 3 hours agoUSAID’s mission director for Nigeria, Sharon Cromer, recently attended the commemoration ceremony at the Farida VVF Center at Gusau General Hospital in …

Global crisis forces Nigeria to rethink budget

ABUJA, Oct 14 (Reuters) - A fall in world oil prices triggered by the global financial crisis is forcing Nigeria to rethink its spending plans for next year, a government minister in the world’s eighth biggest oil exporter said on Tuesday. Africa’s most populous nation saves any oil revenue above a benchmark oil price set in its budget into an excess crude account, a pillar of IMF-backed reforms meant to guard against price volatility on world markets and help it to save money.

Nigeria to buy gasoline and kero via tender

LONDON, Oct 14 (Reuters) - Nigeria has awarded its quarterly tender for oil products, buying gasoline at higher price premiums than the previous tender, traders said on Tuesday.

W.Africa Crude-Nigeria quiet, Angolan loadings due

LONDON, Oct 14 (Reuters) - Nigerian crude markets were quiet on Tuesday with a few cargoes for November loading still unsold, traders said.

Nigeria set to launch NigcomSat-2 and 3 - NetworkWorld.com

Nigeria set to launch NigcomSat-2 and 3NetworkWorld.com, MA - 1 hour agoBy Remmy Nweke , IDG News Service , 10/14/2008 As part of Nigerian Communications Satellite's coverage expansion project, plans have reached advanced stages …

Nigerian naira slips vs dlr on demand pressure

LAGOS, Oct 14 (Reuters) - The Nigerian naira <NGN=> slipped slightly to 117.80 against the U.S. dollar on the interbank market on Tuesday from 117.73 the previous day due to strong demand for the greenback, dealers said.

Nigeria: 2008 Nations Cup Failure Will Goad Eagles - Odegbami - AllAfrica.com

SoccerwayNigeria: 2008 Nations Cup Failure Will Goad Eagles - OdegbamiAllAfrica.com, Washington - 4 hours agoFormer Nigerian international, Segun Odegbami, has doused fears that the Super Eagles could face a backlash in performance in the fi…

Oil price crash delays Nigeria's 2009 Budget - Xinhua

Oil price crash delays Nigeria's 2009 BudgetXinhua, China - 7 minutes agoCentral Bank of Nigeria (CBN) Governor, Chuk-wuma Soludo, told journalists in Washington on Monday that falling prices and the search for alternative …

Global crisis forces Nigeria budget rethink: paper - Reuters South Africa

Global crisis forces Nigeria budget rethink: paperReuters South Africa, South Africa - 35 minutes agoLAGOS (Reuters) - A fall in world oil prices triggered by the global financial crisis has forced Nigeria to cut back its spending plans for n…

Samuel Peter "The Nigerian nightmare " Loses his WBC boxing Title - NgEX

USA TodaySamuel Peter "The Nigerian nightmare " Loses his WBC boxing TitleNgEX, MI - 1 hour agoIn a fight that lasted on seven rounds, Nigeria's Samuel Peter "Nigerian nightmare " lost his World Boxing Council title to…

Iran, Japan, South Korea, UAE qualify for Nigeria 2009 - Xinhua

Iran, Japan, South Korea, UAE qualify for Nigeria 2009Xinhua, China - 17 minutes agoNigeria, as host of the 23-day tourney, has automatically qualified for the competition. Though the Nigerian team failed to qualify for the African finals …