New CBN Governor and Auditor-General to Emerge in April 2009

There is a strong belief that Governor Yuguda of Bauchi State may likely be a prefered candidate out of over ten candidates going by his political and social engagements lately. According to a keen observer of unfolding events: "In Nigeria anything can happen. Yuguda has just acquired new social credential by marrying a President's daughter and will soon cap it up with political credential by decamping from his political party ANPP to the President's party PDP. Ethics and morality aside, politicians have their ways of winning their case."... Read

DR. Chris Anyanwu: A Legal Scholar in BPE

Dr. Christopher Uloneme Anyanwu, until his appointment as the Director General of the Bureau of Public Enterprises (BPE), was the acting head of the Department of Public and Private Law at the University of Nigeria, Nsukka... Read

Lagos Businessman Docked Over $1.8million Scam

Chief Collins Oyejiaka, a Lagos businessman, is standing trial in an advance fee fraud case. The 49- year old indigene of Imo state was arraigned by the Economic and Financial Crimes Commission, EFCC on four-count charge of obtaining money under false pretence... Read

Federation Account Shares N250b and $1.5b in March ‘09

The Federation Accounts Allocation Committee (FAAC) has approved the sharing of N250.04 billion and $1.5 billion from Foreign Excess Crude among the three tiers of government as its meeting in 2009 which was held in Makurdi, Benue State... Read

Revenue Agencies to Make Full Disclosure- Finance Minister

The Federal Government has declared that the Revenue Generating Agencies would be compelled to make full disclosure on their revenue generation to ensure openness and transparency in their operations... Read

Also in our Media Updates are:

*Meltdown- Banks hold merger talks

* Crunch: Govt to drop oil reserve target

*Dollar crashes against Naira

*Nigerians dont pay right price for power

*Gov earns N2.4tn 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

All in