Mr Ifeanyi Ubah,Managing Director, Capital Oil & Gas Ltd, yesterday, secured a major victory against Inspector General of Police and Federal Government, as a Federal High Court sitting in Lagos, quashed the Managing Director of Access Bank, Mr. Aigboje Aig-Imokhuede Presidential Report on Fuel Subsidy and Police Interim Report that indicted him, (Ubah) on fuel subsidy.

With the introduction of the UK Bribery Act 2010, and the continued strict enforcement of the US FCPA, the 2012 JOA revised and expanded the anti-bribery and business ethics provisions of the 2002 JOA. The revised provision increases transparency and indemnity arising from the UK Bribery Act.

NIGERIAN Meteorological Agency last weekend in Abuja gave its prediction on rainfall as it told the general public to expect more rainfall in 2013, compared to the 2012 devastating one that wreaked havoc across the country.

ABUJA—IN a move to ameliorate the effect of shortage of housing accommodation in Nigeria, the Federal Government has commenced construction of 1,000 housing units in Abuja.

Contrary to the aged–long belief that only smokers are at risk of lung cancer, physicians at the Grand Round of the Respiratory Unit of the Lagos University Teaching Hospital, LUTH, have explained that not all lung cancers are caused by smoking.

The implementation of the Supreme Court ruling on the sale of the Aluminium Smelter Plant at Ikot Abasi, Akwa Ibom State, is facing some hiccups, as the Bureau for Public Enterprises, BPE, has rejected any meeting with the preferred bidder, Bancorp Financial Investment Group, BFIG, to sort out the real worth of the firm.

A MAJOR contractor to MTN Nigeria, Procomtel Limited, Monrday, denied claims by a sub-contracting firm, Gbaruka Resources, that it was planning to demolish MTN facilities in the Niger Delta region over non-payment for services rendered to the company.

Techno Oil has introduced new gas stoves targeted at low income earners, under its “Going Green Initiative.” The programme is aimed at creating cleaner, healthier and safer environment in Nigeria.

LAGOS—A 36-year-old businessman, Ediri Tsakpohore, was yesterday arraigned before an Ikeja Magistrate Court, for allegedly stealing Spare parts valued at N13million, property of Metropolitan Motors Ltd.

Nigeria lost a total of 620 megawatts per hour of electricity in three months, between October and December 2012, arising from differences in average electricity generated and average electricity consumed during the period.

The National Population Commission, NPC, plans to spend N800 million on the conduct of 2013 Nigeria Demographic and Health Survey, NDHS. The exercise is aims to collect data for assessment of demographic rates particularly fertility, infant and child mortality at the national level and also among the urban and rural populations.

UGHELLI—RIVAL cult groups went on rampage at Okwagbe community in Ughelli South Local Government Area of Delta State, weekend, leaving a 23-year old man, Victor Odoye, dead.

ABUJA—Federal Capital Territory Administration, FCTA , has set aside N500 million from SURE-P funds for palliatives to take care of those to be affected by the new transport policy of Federal Capital Territory.

LAGOS State Public Works Corporation, LSPWC, has established two new asphalt plants in Imota and Badagry to boost its operations in terms of asphalt production.

A Federal High Court sitting in Lagos, yesterday, stayed proceedings in the N125 billion fraud charge against embattled former Managing Director of Bank PHB (now Keystone Bank), Francis Atuche, by Economic and Financial Crimes Commission, EFCC.