A Federal High Court sitting in Lagos, yesterday, struck out the suit by the Union Bank Plc against Global Fleet Oil and Gas Ltd, Union Registrars Ltd and the Corporate Affairs Commission.

Opposition parties in Lagos State, as part of measures to garner support during the rescheduled election, have resorted to series of campaigns and alleged attacks on Action Congress of Nigeria, ACN, via text messages on mobile phones, urging Lagos residents to shun the state’s ruling party.

THE Federal Government yesterday resolved to take over Ebonyi State-owned Vesicovaginal Fistula, VVF, centre in Abakaliki.

The Democratic People’s Party, DPP, senatorial candidate for the Delta Central Senatorial District, Chief Akpor Ewherido, has urged the party supporters and all Deltans to remain vigilant and not despondent over the postponed April 2, 2011, National Assembly election.

THE Peoples Democratic Party, PDP, in Edo State, yesterday, reacted to the allegation by Governor Adams Oshiomhole, that a section of the military was conniving with the leadership of the PDP in the state by harassing and intimidating Action Congress of Nigeria, ACN, members with a view rigging weekend’s election.

A Peoples Democratic Party, PDP, chieftain in Akwa Ibom State and a former senatorial aspirant, Chief Nelson Okoroigwe, has raised an alarm over plot to assassinate him by some politicians in the state. Chief Nelson, who is from Uyo North Senatorial District, told newsmen that his life had been under severe threat since he declared his intension to contest the 2011 elections.

The acquisition of significant stake in Transcorp Plc by Heirs Holdings has tremendously push up the company’s share price on the Nigerian Stock Exchange (NSE).

Afribank Nigeria Plc has signed a Memorandum of Understanding (MoU) with a potential core investor – Vine Capital Partners Limited and Phoenix Acquisition Company Limited.

Shareholders and stockbrokers have commended the Board and management of Oando Plc for the proposed payment of N5.4 billion dividend for the financial year ended December 31, 2010.

The Managing Director of Oiko Credit International, Mr. Tor G. Gull, has said the establishment of Oiko Credit Nigeria office would enable it extend financial assistance to microfinance institution, MFIs.

Federal government should formulate a Nigerian Mobile Commerce Strategy (NMCS), in order to determine what the platform would be used for.

NIGERIA journalists have been urged to use their prime age and resources to prepare for life after active practice through investment in income-yielding ventures.

AT 17, Chibuike Ihemeje was already fending for himself and members of his family when majority of his mates were still being catered for by their parents. After a national diploma certificate from the Kaduna Polytechnic, the Oji River, Enugu state born first child of a family of eight chose soccer as a career and was doing marvellously well. He chose playing football as a career in so many clubs in the country especially in Kaduna where he was born and grew up.

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Tuesday urged management of Phillips Oil Company Nigeria Ltd. (ConocoPhillips), an upstream operator, not to sack Nigerian workers.

Governor Martin Elechi of Ebonyi state, Wednesday, reacted to comments credited to the wife of the former Governor of the state, Mrs. Eunice Egwu saying that he should not be returned for a second term in the resheduled election.