Action Congress of Nigeria, ACN, candidate for Awka 1 constituency for the state House of Assembly election, Mr. Kenechukwu Chukwuemeka, and three others, have been arrested in Awka for allegedly plotting to assassinate the member representing Anaocha, Njikoka and Dunukofia Federal Constituency in the House of Representatives, Mrs. Uche Ekwunife.

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.