WARRI—THE Nigerian National Petroleum Corporation, NNPC, has tabled a fresh proposal for the resolution of the controversy between the Ijaw and Itsekiri ethnic groups in Delta State over the Federal Government $16 billion Delta Gas City project to the representatives of both ethnic groups.

Governor Adams Oshiomhole of Edo State, yesterday, tasked the Nigeria Labour Congress, NCL, to confront the Federal Government on how hundreds of barrels of crude oil were stolen, without check, on a daily basis.

The Nigerian Stock Exchange, NSE yesterday said that its target of reaching $1 trillion capitalisation by 2016 is no longer attainable. Chief Executive Officer, NSE, Mr. Oscar Onyema , disclosed this while briefing news men in Lagos on “2014 market recap and outlook for 2015”.

ENUGU — THE South-East All Progressives Congress, APC, has taken an exception to the comments credited to the Chairman of the South East Governors’ Forum and Governor of Abia State, Chief Theodore Orji, in a section of the media that the revered elder statesman, one of the founding fathers of the Peoples Democratic Party, PDP, Dr. Alex Ekwueme, is out of touch with realities.

Analysts at the Financial Derivatives Company Limited missed the December inflation rate. The company’s analysts had predicted on Monday that inflation rate would drop to 7.9 percent in December, in sharp contrast to the increase to 8.0 percent reported by the National Bureau of Statistics (NBS) on Tuesday.

According to the timetable for 2015 general elections released by INEC on 1st October 2014, out of a total of 1, 695 State and Federal elective seats, elections will take place in 1, 681 excluding governorship/deputy governorship elections in Anambra, Edo, Ondo, Ekiti, Osun, Kogi…

BOthered by the perennial failure of students in Senior School Certificate Examinations, SSCE, and Unified Tertiary Matriculation Examination, UTME, e-learning platform has been launched to enhance their performance.

ABEOKUTA—A former governor of Ogun State, Aremo Segun Osoba, yesterday, said Social Democratic Party, SDP, in the state would target not less than 500,000 votes in the forthcoming governorship election.

The All Progressives Congress, APC, has become the majority party in the House of Representatives in place of the Peoples Democratic Party, PDP, with 13 more members crossing carpet among the various parties in the House.

Oil prices recouped some early losses, yesterday, but remained under pressure after the World Bank cut its global economic growth forecast, doing little to end a rout that saw prices touch their lowest in nearly six years in the previous session.

” Very clearly, it would be the wrong way to proceed. The reason is simple. Government creates the enabling environment for the private institutions. Government should not be subscribing their operations. It’s a wrong way to think and do things.”—Secretary TETFUND

A MEDIA outfit, Delphi Media Consulting Nigeria Limited, DMCN, has filed a N100million suit against Nigeria Institute of International Affairs, NIIA and its Director General, Prof Bola Akinferinwa, over alleged…

LAGOS — As oil price continues to fail, former President of the Nigerian Bar Association and Senior Advocate of Nigeria, SAN, Olisa Agbakoba, yesterday called on the Federal Government to tap into the enormous potential in the maritime industry estimated at N7 trillion annually.

Maiduguri— The Defence Haedquarters, yesterday, said that soldiers had repelled Boko Haram new attack after a two-hour gun duel in Biu, Borno State.

The Education Rights Campaign, ERC, has condemned the decision of the Lagos State Government to charge parents and guardians N10,000 to register their wards for computer-based-test, CBT, for 2015/2016 admission into junior secondary schools, saying such was criminal and anti-poor.