WARRI—GOVERNOR Ifeanyi Okowa of Delta State has denied reported approval of N750 million by his administration to fund a training trip to the United States, US, for members of the Delta State House of Assembly, DTHA.

OLEH—ABOUT 107 flood victims were weekend, evacuated from Aballa-Oshimili, Utchi-Okumedo and Utchi-Umuochi communities, Ndokwa-East Local Government Area, Delta State. This came as over 35 houses were submerged and farmlands overtaken by the ravaging flood at Abuator in the council area. Vanguard gathered that the flood victims were evacuated in boats by the flood rescue team set up by the Ndokwa-East Local Government council and driven in buses to the Internally Displaced Persons, IDP camp at Ashaka.

The Vanguard Annual Banking Industry Report 2015 featuring the profile and challenges of the Nigerian banking industry from last year through current year will be out next month.

The Central Bank of Nigeria (CBN) has banned banks from converting funds in dormant accounts to income. Consequently, the apex bank directed that banks that in the last five years converted such funds to income should reclassify them as deposits. The ban was contained in the Guidelines on the Management of Dormant Accounts and Other Unclaimed funds by banks and other financial institutions in Nigeria, released on Friday by the CBN.

Bank of Industry ((BoI) has commissioned a N44 million micro-grid solar system in Bisanti, a remote community in Niger State as part of strategic moves to promote small scale enterprises in the country. The 24KW micro-grid solar electrification system, which is billed to be replicated in six communities in a pilot phase across the country, is part of the bank’s Solar Energy Partnership with the United Nations Development Programme (UNDP).