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Atuche wants nationalised banks returned to original  owners

Atuche wants nationalised banks returned to original owners

Erstwhile Managing Director of defunct Bank PHB, Mr Francis Atuche, has urged the House of Representatives to compel CBN to return the nationalised banks— Main Street Bank, Enterprise Bank, and Keystone Bank — to their original owners, if the country earnestly desires to re-build the confidence of investors in the nation’s capital market.

N439m pension scam: Ex-Director secures N50m bail

N439m pension scam: Ex-Director secures N50m bail

After spending two days in prison custody, former Director of the Pensions Department, Office of the Head of Service of the Federation, Dr Sani Teidi Shuaibu, who was accused of stealing N439 million, yesterday, regained his freedom.

Senate sets Sept deadline for 2013 budget

Senate sets Sept deadline for 2013 budget

THE Senate has set a September deadline for the executive to submit details of the 2013 budget, just as plans have been concluded to set up its Budget Office as well as go on tour of the six geo-political zones in October.

ACN’s winding road to controlling Oyo Assembly

ACN’s winding road to controlling Oyo Assembly

The battle for the control of the 32-member Oyo State House of Assembly between the Action Congress of Nigeria, ACN, and the Peoples Democratic Party, PDP, has been survival of the fittest since ACN snatched the baton of governance from PDP which held the ace for eight years.

Nigeria makes electric car, power bike

Nigeria makes electric car, power bike

As the issue of environmental pollution rages and nations are seeking alternative energy sources devoid of carbon emission, Nigeria, as a major oil-exporter, will be hard hit if nothing is done. To this end, Professor James Omoleye of the Department of Chemical Engineering and former Director, Centre for Research, Covenant University, Ota Ogun State, began a series of researches with his team which culminated in the making of an electric automobile and a power bike. In this chat with Vanguard Learning, Omoleye says Nigeria is far ahead of some nations in this area. Excerpts: