THE Peoples Democratic Party (PDP), in Edo State, yesterday urged its members not to be intimidated by what it described as threats from Action Congress (AC) over next weekend’s Akoko Edo House of Assembly re-run election.

In fulfilment of its promise to adequately compensate those whose properties were demolished to pave the way for the construction of the multi-billion Naira 10-lane Lagos-Badagry Expressway, the Lagos State government yesterday paid compensation to the first batch of victims of the exercise.

The All Nigeria Peoples Party (ANPP) in Bayelsa State has pulled out of Sylva’s administration.
As it is, the party may have turned its back on its former governorship candidate, Elder Bethel Amabebe, who is currently serving in the PDP-led government as the state Commissioner for Sports, as he is yet to resign his appointment.

THE Head of Department of Industrial Relations and Personnel Management at the University of Lagos, Prof. Sola Fajana, yesterday, enjoined the Federal Government to evolve other sources of economy because any nation that is dependent on inheritance can be described as wealthy nation.

THE Indepen dent National Electoral Commission (INEC) in Edo State, leadership of Action Congress (AC) and Peoples Democratic Party (PDP) yesterday engaged in a war of words over the modalities adopted by the commission to conduct the re-run of the House of Assembly’s election in Akoko Edo constituency 1, scheduled for this weekend.

PRESIDENT of the North-Western Union Mission of the Seventh Day Adventist Church in Nigeria, Dr. Joseph Adebisi Ola, has said that the solution to the crisis in the Niger Delta lies in diverting all developments to the area, training the youths and offering employment opportunities to the people.

The Presidency has approved a new management board for the Nigerian Export-Import Bank (NEXIM).According to a statement signed by the Special Assistant (Communication) to the Minister of Finance, Deborah Chinwe Okafor, the newly re-constituted board is composed under the Chairmanship of the Deputy Governor, Financial Sector Surveillance Directorate, Central Bank of Nigeria.

After two days of the suspension of trading on the five banks’ shares whose managing directors were sacked by the Central Bank of Nigeria (CBN) last Friday, stock market has lost N241.519 billion, as market capitalisation declined from N5.556,091 trillion on Friday last week to close at N5,314,572 trillion, yesterday( Tuesday ).

Equity trading on the Nigerian Stock Exchange (NSE) was driven, Tuesday, by activity in the Insurance sub-sector, accounting for 58.8 per cent of the market turnover.

The new Managing Director/Chief Executive Officer of FinBank Plc, Mrs. Suzanne Iroche, Tuesday, in Lagos assumed duty at the bank with an assurance that the bank remains sound.

African Petroleum (AP) Plc has stated its commitment to partner with government, corporate bodies and other stakeholder to popularise the use of Liquefied Petroleum Gas (LPG) after the launch of its newly introduced cylinder.

In a move seen as a bid to consolidate his base within the structure of All Nigerian Peoples Party (ANPP), Governor Ibrahim Shekarau of Kano State has appointed 153 political aides ahead 2011 general elections.

Members of Computer and Allied Products Dealers Association of Nigeria (CAPDAN) as well as affiliated businesses and members of their households are set to benefit from the Hygeia Community Health Plan (HCHP). This follows the commencement of healthcare services in designated hospi-tals around Lagos metropolis.

The Deputy Speaker of the Federal House of Representatives, Usman Bayero Nafada, has assured Nigerians that the House will deliver an amended constitution to the country before the 2011 general election.

FOLLOWING that engulfed the chapter elections of the Association of Nigerian Licensed Customs Agents (ANLCA) the immediate past Chairman of the Board of Trustee of the group, Chief James Idornigie has called for an extra ordinary meeting to resolve all the issues at stake.