The Investments and Securities Tribunal, IST, delivered judgment on 26/11/2012 in respect of an originating application filed by the Securities and Exchange Commission, SEC, in which certain reliefs were sought against Union Bank of Nigeria Plc-UBN, B. Ebong, S. Ayininuola, A. Obigwe, K. Adeyemi, A. Abdullahi, E. Emeruem, W. Mbah, A. Esangbedo, M. Yakubu, A. Abubakar, M. Ahmed, J. Akinyele, E. Edozien, I. Gobir, F. Odimegwu, O. Olusanya, C. Udofot, L. Idowu and E. Odikanekwu.

Retail foreign exchange, Travelex, last week commenced the pilot roll out of the recently strategic outsourcing partnership it had with the Central Bank of Nigeria (CBN). This is even as it announced investment of over one million pounds (about N240million)in infrastructure, human capital development and equipment in its Nigerian operation

As the 2015 target date for achieving the Millennium Development Goals( MDGs) approaches with wide debate as to what development goals the global community should set next especially on health, leading computer manufacturers, Dell, has embarked on a transformation agenda with the launch of its new Intel-powered tablet for healthcare system.

International Finance Corporation IFC, a member of the World Bank Group, will manage the Women’s Finance Hub, an initiative launched at the Spring Meetings of by the Group of 20’s Global Partnership on Financial Inclusion to improve access to financial services for women entrepreneurs and promote the sharing of knowledge and best practices.

The UN Economic Commission for Africa (ECA) says Nigeria’s effort to improve linkage between its oil and gas industry with other sectors of the economy achieved only a modest success. It said the modest success was due to limited production capacity of state owned-oil company and monitoring functions.

Owners of the site acquired by Midwestern Oil and Gas Company Plc, at Umusadege-Ogbe community of Otagba-Ogbe, Ndokwa West Local Government Area, Delta State, have offered N7 million to seven families in the community in appreciation of their support and cooperation since the acquisition of the land by the company.

The Nigerian Football Federation (NFF) has provided two sets of jerseys and balls to the Rashidi Yekini Foundation to kit the ex-internationals and former teammates who would trade tackles at the Lekan Salami Stadium, Adamasingba on Friday in honuor of the late football star,,Rashidi Yekini who died on the 3rd of May 2012.

SENATOR Magnus Abe has called on the 27 members of Rivers State House of Assembly, who were suspended by the state chapter of Peoples Democratic Party, PDP, on Monday, in Port Harcourt, Rivers State, to ignore the action of the party.

The Bayelsa State Police Command, yesterday, described as untrue, reports that its Commissioner of Police, Mr Kings Omire, has refused to hand over since his retirement.

Ekiti State Government has finalised arrangements for the immortalisation of late Deputy Governor, Mrs Funmilayo Olayinka.

AS part of the activities to mark the 2013 Workers’ Day tomorrow, the Nigeria Labour Congress, NLC and the Trade Union Congress, TUC, will today flag off 6,000 housing units for workers in the civil and public service to help ease off the perennial accommodation problems Nigerian workers encounter.

The Association of Stockbroking Houses of Nigeria, ASHON, has said that the Securities and Exchange Commission, SEC, decision to stop the issuance of dividend warrant effective from 3rd June, is in the interest of the capital market, and will help arrest the spate of unclaimed dividend if implemented.

The political crisis in Rivers State edged towards alarming dimension, yesterday, after the Speaker of the State House of Assembly, Hon. Otelemaba Amachree revealed plans by five members of the House to initiate impeachment procedures against Governor Rotimi Chibuke Amaechi.