THE Central Bank of Nigeria, CBN, Deputy Governor (Financial System Stability), Dr Kingsley Moghalu, says the apex bank spends about N150 billion annually to maintain the naira.

Chief Mrs Christy Uduak Essien Igbokwe, MFR, prophesied his own death, her son, Solomon has said. Referred to as Apeno in the New Masquerade, a now rested 13-week drama episode, Essien-Igbokwe died after a brief illness, Admiral Dele Abiodun, immediate past PMAN President has confirmed.

AUTHORITIES of the Adekunle Ajasin University, Akungba Akoko in Ondo State yesterday protested the posting of its graduates to states in the North for the National Youth Service Corps, NYSC.

THE controversy generated recently by Section 140(2) of the Electoral Act (as amended), which barred election tribunals from declaring a candidate a winner without going through an election, was, yesterday, laid to rest, as a Federal High Court sitting in Lagos, nullified the section.

LEADERS of the two main labour unions in Nigeria, the Nigeria Labour Congress, NLC, and Trade Union Congress of Nigeria, TUC, yesterday handed down a 14-day ultimatum to governments and private sector employers to implement the N18,000 new minimum wage or face nationwide strike.

The Economic and Financial Crimes Commission, EFCC, yesterday, secured leave of a Federal High Court in Abuja to prefer fresh criminal charge against the former Director of the Pensions Department, Office of the Head of Service of the Federation, Dr Sani Teidi Shuaibu, and five others accused of complicity in an alleged N12 billion pension scam.

Abductors of the Bayelsa State traditional ruler, King Owei Ere, who was seized in Rivers State, have demanded N25 million ransom, a family member has said.

I HAD moved to Ikoyi in 1986, having joined the wonderful team of young men and women that made up Continental Merchant Bank. My teenage friend, Tayo Aderinokun, was one of them.

The Lagos state governor, Babatunde Fashola has declared that Lagos was ready to host the nation next year for the 18th National Sports Festival, which the state won the right to host.

DELTA State Governor, Dr. Emmanuel Uduaghan, yesterday, asked the Governorship Election Petition Tribunal sitting in Asaba, to dismiss the petition against him by the Democratic Peoples Party, DPP, governorship candidate in the last governorship election in the state, Chief Great Ogboru, on the grounds that Ogboru had abandoned the said petition.