Yenagoa—A fresh oil spill has reportedly hit Ikarama community in Okordia clan, Yenagoa Local Government Area of Bayelsa State.

An Imo State High Court sitting in Owerri, has declared that the appointment of persons indicted in the White Paper on Imo State University, IMSU, Owerri, into positions of authority was “illegal, immoral, null, void and of no effect.”

The continued closure of Ladipo Market in Lagos State, has been described as a set-back to the livelihood of the traders and a drain on the state’s economy, as the Lagos State, Governor, Mr. Babatunde Fashola, has been urged to re-open the market to guarantee the survival of the traders and revenue by the state. […]

WARRI—LEADERS of no fewer than 315 ex-militant camps in Delta State, who alleged that their members were sidetracked in the ongoing documentation exercise for Third Phase amnesty, have demanded the return of guns and ammunition they surrendered to Joint Task Force between January and May, 2011.

The Lagos Chamber of Commerce and Industry, LCCI, has urged the Lagos State House of Assembly to review the policy of minimum of 200cc (cubic centimeters) capacity motorcycles for use by courier companies and dispatch riders of corporate bodies.

The Managing Director of Unilever Nigeria Plc, Mr. Thabo Mabe, has predicted a tougher business environment in 2013. He made this predication at the 2012 Customers Forum of the company in Lagos, where the company honoured its distributors.

The awesome power and bearing of the Nigerian Governors’ Forum, NGF had in the recent past raised concern among some stakeholders in the polity. Now an internal discord driven by external power peddlers is about bringing the once powerful body to its knees.

By NKIRUKA NNOROM Stockbrokers’indebtedness to commercial banks reduced significantly to N53.41 billion during the second quarter ended 30th September, 2012. This represents 47.55 percent reduction over N101.83 billion owed by stockbrokers in the same period of 2011. Data obtained from the Securities and Exchange Commission showed that the figure was based on second quarter returns […]

Global rating agency, Fitch Rating, last week withdrew its rating of Kwara State, canceling its rating of the state’s N17 billion bond programme. The rating agency, however, upgraded the rating of Lagos State, raising it to positive from stable.

Imo State government is working on a policy that will require land owners in the state to pay only N1,000 to register their land and obtain Certificates of Occupancy.