Shareholders of Guaranty Trust Bank (GTBANK ) Plc have endorsed proposed plans by its Board of Directors to divest from non banking subsidiaries in compliance with the new directive by the Central Bank of Nigeria (CBN).

The Nigerian National Petroleum Corporation, NNPC, and the Lagos State Government, LASG, have signed the Memorandum of Understanding, MOU, for the allocation of 15 hectares of land for the proposed Lekki Greenfield Refinery, valued at $6billion (N900bn).

Chevron Nigeria Ltd, CNL, on Friday announced the launch of the Foundation for Partnership Initiatives in the Niger Delta, PIND, to advance its new developmental initiative to address some of the socio-economic challenges in the Niger Delta region.

The preamble of the piece of legislation: Prohibition of Acts of Terrorism, states that: “A person who knowingly, does attempts or threatens to do an act prepatory to or in furtherance of an act of terrorism or commits to do anything that is reasonably necessary to prevent an act of terrorism or assists or facilitates the activities of persons engaged in an act of terrorism, commits an offence”.

Aftermath of the alleged threat that a faceless group would bomb the headquarters of the Economic and Financial Crimes Commission, EFCC, security operatives have beefed up security at the headquarters of the anti-graft agency.

The House of Representatives adhoc Committee on the Review of the 1999 Constitution has approved thirty post-election days before the handover date in 2011, just as it has adopted the 150 days recommended by the Muhammed Uwais’ Electoral Review Committee, to allow time for judicial pronouncements on election litigations.

By George Onah Port Harcourt-No fewer than 35 people, among them a soldier, have been reported killed in a cross-border clash between Boje and Nsadop communities, Boki Local Government of Cross River State. The fight was over a piece of farmland. Vanguard learnt that scores of houses, including mansions and a housing estate belonging to […]

By George Onah Port HarcourtThe former leader of Action Congress of Nigeria, ACN, in Rivers State Prince Tonye Princewill and his associates have decided to purchase the Gubernatorial Intent Form of the Peoples Democratic Party for Governor Chibuike Rotimi Amaechi “in appreciation of his commitment and zeal in turning around the fortunes of the state […]

After weeks of uncertainty, Nigerian football may yet witness the peace it has been craving for as the leadership of the National Association of Nigerian Footballers is set to withdraw its suit against the board of the Nigeria Football Federation, NFF.

Athletic Federation of Nigeria (AFN) secretary general, Mrs Maria Worphil has revealed her federation’s preparedness to organise the best mountain race in the world when the sixth edition of the Obudu international mountain race and the second African Nations mountain running championships hold next month at the Obudu Ranch Resort in Obudu, Cross River state.