Research in Egypt and Nigeria has confirmed that a new vaccine, which only acts against the most common strain of polio, is far more effective than a vaccine targeting multiple strains of the virus.

Nigeria's 48th independence anniversary was devoid of fanfare. President Yar'adua's speech marking the day was short both in its content and in its promises of what good things lay ahead, a usual feature of Independence Day speeches.

President Umaru Musa Yar'Adua says he is unfazed by All Nigeria Peoples Party (ANPP) presidential candidate General Muhammadu Buhari's legal confrontation over the last general elections.

At a time of historically high oil prices, a model has emerged in Nigeria’s oil-rich Niger Delta that could allow more than a million barrels per day of production to come back on-stream without additional exploration or even new investment in production facilities – if only the Nigerian government would pursue it.

Chairman of the Economic and Financial Crimes Commission (EFCC), Mrs. Farida Waziri says Nigeria in the next couple of years will place 50th position in the assessment of nations with corrupt practices by Transparency International (TI). Mrs. Waziri made the promise when she played host to the Program Manager of Transparency International Middle East/ Africa, Doris Baisler at the headquarters of the Commission, yesterday.

WASHINGTON, Sep 24 (IPS) - The intersection of human rights, the environment
and corporate responsibility was highlighted today at a Capitol
Hill hearing featuring activists from Burma and Nigeria who
underlined the failure to date of "voluntary" controls
over major oil companies operating in their countries.

Transparency International (TI), a global civil society organisation leading the fight against corruption, yesterday rated Nigeria 121st in a survey of 180 most corrupt nations.

A move has been made for the review of the cumbersome bond approval process and documentation; tax exemptions; and implementation of a robust IT auctioning and trading platform to fully revitalise the Nigeria bond market.

The Defence Headquarters (DHQ) has described the announcement by the Movement for the Emancipation of the Niger Delta (MEND) that it was observing a ceasefire over attacks on oil facilities as giving the wrong impression that Nigeria is at war.

M.R.S. Holdings Ltd and Petroci Holdings, through their common subsidiary, Corlay Global S.A., have agreed to buy Chevron Nigeria Holdings Limited after a highly competitive bidding that lasted several months.