News Desk (Early Edition) Friday, Sept 12, 2008

Nigeria calls for way to track "blood oil"

LAGOS, Nigeria (AP) — Nigeria's president called Thursday for help finding a way to fingerprint crude oil stocks in order to combat the theft and lucrative overseas sale of unrefined petroleum, aiming at stopping the flow of "blood oil" from Africa's biggest producers. MORE>>>


Nigeria to Issue $500 Million Bonds to Finance Infrastructure

Approval for the 10-year bonds, to be raised from the international capital market, was given yesterday by President Umaru Yar'Adua's government, Odey said on state-owned Nigerian Television today. MORE>>>

Mobile giant expects to exceed its initial subscriber growth targets

CEO Phuthuma Nhleko says the company is confident that it will exceed its targets for this year as a result of the brand performing well, the strong image of MTN in Iran, and good average revenue per user, owing to low tariffs. MORE>>>

Voodoo mum's severed finger court shocker

Authorities have ordered a DNA test of the fingers after mother-of-six Remi Fakorede made the gruesome revelation in a last-minute bid to influence a jury listening to her fraud trial. MORE>>>