Nations Cup: Nigeria upset, rules anger South Africa

Only two of the six 2010 World Cup qualifiers from Africa will be in Gabon and Equatorial Guinea next January for the Cup of Nations with Nigeria blaming a faith healer and South Africa the head-to-head rule for missing out.
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Shareholders drag CBN to court over nationalised banks

Aggrieved shareholders of Spring Bank,one of the nationalised banks, Messrs Dapo Adeyemi-Bajo, Emmanuel Olayinka Sogelola, Mrs Regina Udomesiet, Noah Ekanem, Promise Iwezor, have sued the Central Bank of Nigeria for taking over three of the eight rescued banks in the country.

Crashing naira value: CBN probes forex utilisation

Faced with an unbridled demand for the dollar at the foreign exchange market, forex, leading to consistent crash in the Naira, the Central Bank of Nigeria, CBN, has launched an investigation into utilisation of foreign exchange bought from its official outlet, the Wholesale Dutch Auction System, WDAS, by end-users.

Rampant rape cases

Lately, there have been reported incidents of rape in some parts of the country. The ugly development has attracted the attention of higher authorities in government. But it equally calls for collective concern.

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