AMCON’s approach to selling Mainstreet Bank negates Corporate Governance principles’ says stakeholders which include local and foreign investors that are being shut out of the process.

Delivering its key mandate of infrastructure development, inclusive development, local content and Information Technology, IT in government, the Federal Ministry of Communications Technology, (FMCT) since inception has been able to chart an increase in the contribution of IT sector to the national Gross Domestic Product, GDP, by unleashing ICT in governance.

The relative peace enjoyed by residents of Jos, Plateau State capital for some time was shattered, yesterday, as two bomb explosions ripped through Terminus Market in the city, killing no fewer than 118 persons and injuring several others . The Police, however, said that 46 were killed while 45 others were injured.

The suspended Governor of Central Bank of Nigeria, CBN, Mallam Sanusi Lamido Sanusi, yesterday, lost his bid to return to office as the Federal High Court sitting in Abuja declined to set aside his suspension by President Goodluck Jonathan.

ABUJA — FROM all indications, a crisis is fast brewing between the National Assembly and The Presidency over alleged directive from the latter to all Ministries, Departments and Agencies, MDAs, to stop honouring invitations from committees of the National Assembly without express permission of the President.

ONITSHA— Tricycle riders in Anambra State, under the aegis of Keke Drivers Association Anambra State, KDAAS, yesterday protested what they termed collaborative extortion and multiple taxation from the state’s Internally Generated Revenue, IGR, department of the state government and some self-acclaimed revenue agents in the state.

WARRI—THE para-mount ruler of Siembri Kingdom in Delta State, HRM Charles Ayemi-Botu, yesterday, advised South-South delegates at the on-going national conference in Abuja not to contemplate returning home to the Niger Delta, if they allow any reduction in the current 13 per cent derivation on oil resources.

WARRI—YOUTHS from civil and community-based organisations in the Niger Delta have rejected the resolution of the National Conference Committee on Devolution of Power, headed by former governor of Cross River State, Obong Victor Attah, on resource control and 13 per cent derivation.

LAGOS— The prosecution in the trial of a 42-year‑old man charged for murder of his wife, Anna Ugbogbo, yesterday presented before a Lagos High Court in Igbosere, a post‑mortem report on the deceased.

LAGOS — Former leader of Ibadan branch of the National Union of Road Transport Workers, NURTW, Alhaji Mukaila Lamidi, aka Auxillary, arrested by operatives of the Special Anti‑ Robbery Squad, SARS, for allegedly stockpiling arms and ammunition ahead of 2015 general elections has said that his arrest was politically motivated by the All Progressives Congress, APC.