The naira appreciated by 400 kobo to N169 per dollar at the parallel market last week, even as the Central Bank of Nigeria (CBN) sold $749.84 million through the Retail Dutch Auction System (RDAS).

Eighteen months after the gruesome murder of a post-graduate student of Nasarawa State University, Keffi, Miss Cynthia Osokogu, by some of her Facebook social media friends, a Lagos High Court in Igbosere, yesterday, accused the first and second defendants’ counsels, Miss Mosunmola Oladapo and Mr. Michael Ajayi of deliberately stalling the trial.

The People of Ayamabele and Kalaba in Yenagoa Local Government Area of Bayelsa State, weekend, staged a peaceful protest calling on the police to bring to justice the alleged killers of their son, late Godsgift Atama.

While Woolworths has canned its three-store pilot project in Nigeria, citing a mismatch with the Nigerian consumer and climate, Broll Nigeria says this need not deter South African retailers from profiting in the country.

The press was recently awash with the news that the Minister for Communication Technology, Mrs Omobola Johnson, has warned telecom operators in Nigeria to improve their service quality or face sanctions. According to the reports, from 2014, telcos that fail to meet agreed key performance indicators (KPIs) will face penalties including fines, withdrawal of licences and five-year jail terms.

He was given a gold badge to sit on the VIP stage during the Glo-Caf Awards on Thursday night in Lagos. But he preferred to sit where he would interact with many friends including his colleagues in the media.

It remains incontrovertible that defining Legal terminologies has been a problem to lawyers. This much was noted by a Professor of Jurisprudence, J.M.A Ojomo when he said; “As long as definitions are a translation of thoughts into words, they create problems for lawyers. Law itself is an exercise in controversy.

Strong indications have emerged that Chanchangi and IRS are likely to resume flight operations before the end of the month after several months of stopping operations following “technical advise “ by the regulatory body, Nigeria Civil Aviation Authority (NCAA).

In a separate interview, the President, Rice Farmers Association of Nigeria, Mr Abubakar Wodi, confirmed the readiness of rice farmers to key into the UN declaration.

The Central Bank of Nigeria, CBN, weekend, stated that the banking industry recorded N300.5 billion unaudited profit for the half year 2013, representing a 22.95 per cent increase over the N244.4 billion achieved in the second half of 2012.

Stockbrokers in the nation’s capital market have appealed to the Nigerian Stock Exchange, NSE, to increase the depth of the market by further introducing more quality securities that will absorb the expected liquidity inflow in the course of the year.

THE Divisional Police Officer[DPO],Asokoro Police Station, Mr Nnanna Amah, is in the news again. This time, he is being alleged to be involved in the harassment of the leader of the Nigerian Merchant Navy, Comrade Allen B. Edema, who has petitioned the Inspector General of Police, alleging attempts on his life, by the DPO.

Shareholders under the aegis of Renaissance Shareholders Association have petitioned the Securities and Exchange Commission, SEC, over planned share cancellation and delisting of IHS Nigeria Plc from the Nigerian Stock Exchange, NSE, calling on the commission to halt the process until some outstanding issues are settled.

Total assets of Microfinance Banks (MfBs) in the country increased by 25.2 per cent, said Central Bank of Nigeria (CBN) in its Stability Report for the financial year ended June 2013.

Stakeholders in the Nigerian capital market are divided over the penalties imposed by the Securities and Exchange Commission on Sterling Registrar over its role in the unlawful allotment of Japaul Oil and Maritime Services Plc’s shares.