News Desk Thursday, October 25, 2007

Etteh bows, to Step Aside Tuesday

ABUJA — embattled Speaker of the House of Representatives, Mrs. Patricia Etteh, appears set to step aside when the House resumes Tuesday for the consideration of the Idoko Panel report as her supporters hinted yesterday in Abuja that she had agreed in principle to vacate her seat to pave theway for the election of a Speaker pro tempore. MORE>>>

Ige: Court frees suspects

FOUR suspects who have been standing trial at an Ibadan Magistrate Court in connection with the murder of the former Attorney-General of the Federation and Minister of Justice, Chief Bola Ige, were yesterday discharged and acquitted. The suspects — Moshood Enifeni, Oluwatoyin Onafeko, Suraju Fatuga and Saidi Akande — had been charged with the December 23, 2001 murder of Chief Ige. MORE>>>

Naira sells for 5-year high N118 to dollar

The Naira appreciated to N118.50 to the dollar on the interbank market on Wednesday, its strongest level in five years and compared with N119.45 per dollar on Tuesday, traders said. The last time the Nigerian currency traded this strongly was in July, 2002 when the dollar exchanged for N117.00, dealers said. MORE>>>

US, European police arrest 20 Nigerians - For smuggling underage girls for prostitution

Police across Europe and in New York, United States, arrested 20 people suspected of smuggling young girls out of Nigeria and forcing them to work as prostitutes after intimidating them in voodoo rituals, Dutch prosecutors said on Wednesday. Thirteen of the suspects were arrested in a series of coordinated raids in cities across the Netherlands, the country’s prosecutor's office said in a statement. MORE>>>

Nyame looted Taraba money from Abuja -EFCC

The Economic and Financial Crimes Commission (EFCC) has told an Abuja High Court that it has taken steps to make the ex-governor of Taraba State, Revered Jolly Nyame, to cough out the public funds he allegedly stole from the coffers of the state while in office. MORE>>>

Nigeria Wants Bigger Slice
Of Revenue From Its Oil

Nigeria, Africa's largest oil producer, is looking to renegotiate several contracts with foreign oil companies, a senior Nigerian official said, in a move to increase the government's share of oil revenue. MORE>>>

Vogts' Tax - NFA Refutes Receiving Letter From German Govt

The Nigeria Football Association yesterday denied receiving any letter from any government agency in the Federal Republic of Germany concerning the contract of Super Eagles' chief coach, Berti Vogts. MORE>>>