The thrills and frills of Christmas (2)
By Awa Kalu A simple definition of ‘offer’ is the one made by Prof. Itse Sagay in his well known book, Nigerian Law of Contract which makes an offer ‘a definite undertaking or promise made by one party with the intention that it shall become binding on the party making it as soon as it […]
SEC hands over Afroil to new management
By Peter Egwuatu SECURITIES and Exchange Commission (SEC), yesterday handed Afroil Plc over to the new management after the Interim Management Committee (IMC) set up by the Commission to oversee the crisis that rocked the company completed its mandates. The mandates given by the five man IMC which was jointly constituted by the SEC and […]
NSE equity value surges by N2.43bn
By Michael Eboh THE declining trend in the Nigerian Stock Exchange (NSE) was halted Tuesday, as the value of listed equities appreciated by N2.43 billion. Equities’ value, represented by the market capitalisation, rose by 0.05 per cent from N4.904 trillion at which it opened to close at N4.907 trillion, while the All-share index garnered 10.21 […]
Jail-break averted in Kano as 15 inmates sustain injuries
By AbdulSalam Muhammad KANO — Riot broke out among the inmates of the over crowded Kano Central Prison, Monday, evening leaving no fewer than 15 inmates critically wounded. Prison source told Vanguard that hell was let loose by the inmates who protested against what they said were “undue detention without trial” complicated by the ongoing […]
Reps to probe N157m hospital project
By Tony Edike ENUGU—THE House of Representatives Committee on Health yesterday promised to investigate the non-release of N157 million appropriated in this year’s budget for the construction of the main administrative complex of the Neuro-Psychiatric Hospital, Enugu. Chairman of the committee, Mr Alaba Ojomo, who made this known during an oversight visit to the hospital, […]
Court remands Bafarawa, 8 others in prison
SOKOTO — Former governor of Sokoto State, Alhaji Attahiru Bafarawa, was yesterday arraigned by the Economic and Financial Crimes Commission, EFCC, before Justice Bello Abbas of the Sokoto High Court 3 on a 47-count charge of fraudulent practices while in office between 1999 and 2007. The ex-governor was arrested last Wednesday over an alleged N15 […]
