Nigeria's Cabinet has agreed to increase spending by 5% but reduce the deficit in next year's budget to be sent to Parliament for approval in August.
Nigeria's Cabinet has approved a final draft of an oil law that will be sent to President Goodluck Jonathan before going to Parliament in a few days.
Nigeria has cleared fuel import subsidies that were on hold while authorities verified they were for real deliveries.
A bomb has exploded in a Catholic church on the outskirts of Abuja, Nigeria, with a shortage in ambulances hampering the evacuation process.
Nigeria's former military leader, Ibrahim Babangida, is planning a political comeback nearly 25 years after he first came to power.
Nigeria's acting President, Goodluck Jonathan, installed a new Cabinet on Tuesday.
A top Nigerian militant has indicated he may accept a government pardon and lay down arms, the defence minister said on Tuesday.
Nigeria will not pour more cash into power, having spent $10-billion in the last seven years with little to show for it, until it has a clear idea of how to revamp the sector, President Umaru Yar'Adua said on Monday. Yar'Adua took power on May 29 with a pledge to declare a "national emergency" on power and energy, but he has yet to formally take the step.
Nigerian Justice Minister Michael Aondoakaa on Friday froze a plan announced last week by the central bank to re-denominate the naira currency, saying the bank had violated the law. Aondoakaa said Central Bank Governor Chukwuma Soludo should first have sought President Umaru Yar'Adua's written approval.
President Olusegun Obasanjo told Nigerians on Friday to limit their travel during election days and stay home at night to curb violence. Obasanjo accused "highly placed individuals" of fomenting trouble ahead of the vote, and an opposition party said several of its candidates and thousands of supporters had been detained.