By July 14, 2010 01:57AM   A total of N1.08 billion, amounting to interests from about N100 billion realized from the sale of the Federal Government properties, has been recovered from six banks, according to the chairman of the House of Representatives Committee on Housing and Habitat, Garba Shehu […]

    By Oluwaseyi Bangudu July 14, 2010 12:42AM   Finance experts have raised an alarm that the wide budget deficit and bailouts could slide Nigeria into fiscal danger again, after the country exited its debt overhang in 2005.   Bismark Rewane, managing director, Financial Derivatives Company, an economic research […]

  WEDNESDAY, 14 JULY 2010 01:20   Nigeria distributed N13.28 billion ($2.8 billion) from federation accounts to its three tiers of government last month but has not dipped into its windfall oil savings to do so, officials said on yesterday.   The amount distributed represents a 2.45 percent increase on […]