Usually companies sell shares to investors. But a company can also buy its shares from shareholders. When it does so, the company is said to have ‘Buy Back’ its shares. Many shareholders do not understand the concept of “share buyback”. It is simply the acquisition by a company of its own shares from its shareholders.

LIBYA has a more dangerous transition phase that is easily overlooked. Muammar Gaddafi’s death 18 months ago has left a country in more turmoil than most opponents of Gaddafi expected.

IN theory, Nigerian institutions, like the Church and government agencies, are motivated by the loftiest ideals. Usually, they have mottoes: pithy and poetic expressions defining their guiding principles and objectives.

Peoples Democratic Party, PDP, in Ondo State has praised a police report alleging forgery of security reports on the 2007 gubernatorial election as the reason for the judicial defeat of its candidate and former governor, Dr. Olusegun Agagu at the Court of Appeal.

No fewer than four persons were feared dead, yesterday, while 10 others sustained various degrees of injury when two rival youth groups suspected to have come from Ogbaru Area Council of Anambra State engaged themselves in a bloody clash.

FOUR suspected human traffickers in Edo State arrested by officials of the National Agency for the Prohibition of Traffic in Persons and Other Related Matters, NAPTIP, have been convicted and sent to jail in the past one week.

• It’s not abandoned – Govt
IT seems residents and visitors to Lagos State, will have to wait a little longer for the commencement of the multi million naira contract for the installation of Close Circuit Televisions, CCTVs, in the state aimed at addressing perennial security and traffic challenges.

ABUJA—The Defence Headquarters, DHQ, and United States government have commenced a process of initiating a strategy to strengthen civil-military relations.

The federal and Bauchi State governments have been asked to provide adequate security to discourage Boko Haram insurgents escaping from either Adamawa, Borno or Yobe states from using Bauchi State as their sanctuary.

THE house is like any other along the street, without any special adornment. We are in the largely middle-class suburb of Surulere in Lagos. But to my pleasant surprise, the street, which I have not visited for several years, has now been turned into a double carriageway.

The Inspector-General of Police, Mr Mohammed Abubakar, weekend in Lagos, described the arrest of some policemen in alleged connection with the killings of policemen two weeks ago, by members of the Ombatse cult group in Alayko village, Nassarawa state, as mere allegation, until ongoing investigation proved otherwise.

THE Movement for the Actualization of the Sovereign State of Biafra, MASSOB, has threatened a showdown with the State Security Services, SSS, if its regional leader for Awka North, Mr. Tony Nwodo, was not freed within 48 hours.

Former Vice President, Alhaji Atiku Abubakar, has declared that Nigerian will never be taken seriously among the comity of nations unless its leaders embrace good management practises in all their dealings.

Erstwhile governor of Abia State, Dr. Orji Kalu, has said he has nothing to hide and will as such appear before the probe panel set up by his successor, Chief Theodore Orji, to examine the running of the state’s defunct newspaper, Statesman.

The curfew imposed on Yobe and Borno states were relaxed, yesterday, just as the military made progress in the campaign against the Boko Haram insurgency in the two states.