Egypt’s sports minister Khaled Abdel-Aziz has confirmed his country has abandoned its bid to host the 2017 Africa Cup of Nations.

The Nigerian Electricity Regulatory Commission has issued two on-grid licences to KVK Power Nigeria PVT Limited, and Aluminium Smelter Company of Nigeria, ASCON Plc to generate 590 megawatts, MW, of electricity from solar and gas respectively. The Commission in a statement issued last week in Abuja, explained that KVT Power would be located in Yabo, Sokoto State, adding that the firm had met the requirements for the granting of 50MW on-grid generation licence with no objection received from the general public to its application.

LAGOS — The Central Bank of Nigeria, CBN, has issued guidelines for an advisory body that will oversee Islamic banking in the country.

THE current economic impact of global downtrend in the prices of oil that is already taking its toll on key sectors of the Nigerian economy may not have adverse effect on the country’s Egina oil platform project valued at $3.8 billion. The project was awarded by Total E&P Nigeria to Samsung Heavy Industries, with a mandate to integrate a Floating Production Storage and Offloading, FPSO platform at the LADOL base in Lagos, as the local content partner.

SEC has come up with a new rule that dividend would be returned to the company to start up a new business outside its original business after one year of release without claim from shareholders. In continuation from last week’s edition, shareholders disapprove of such rule. They further argued that registrars also constitute a major challenge to the issue of dividend collection. This is because they do not effect change of address received from shareholders among others.

The Redeemed Christian Church of God, RCCG has commissioned a N2.2 million storm-water drainage system the church donated to the Langbasa Community in Eti-Osa Local Government Area of Lagos State.

The Abuja Division of the Federal High Court, yesterday, fixed March 19 to commence hearing on seven separate suits seeking to disqualify the Presidential candidate of the All Progressives Congress, APC, Major General Muhammadu Buhari (Ret), from contesting the forthcoming general elections.

AKWA Ibom State Deputy Governor, Valerie Ebe, has acknowledged contributions of the National Emergency Management Agency, NEMA, towards reducing disaster situations in the society through awareness campaigns and donations of relief materials to disaster victims across the country.

FORMER president of Ohanaeze Ndigbo, Dr. Dozie Ikedife, has described groups endorsing President Goodluck Jonathan of Peoples Democratic Party, PDP, and General Muhammadu Buhari (retd) of All Progressives Congress, APC, for the forthcoming presidential election as not being sincere.

Dr. Wilson Omene, a former chairman of Ethiope West Local Government Council is a stalwart of the ruling Peoples Democratic Party, PDP in Delta State. In this interview with Vanguard he reasserts his opinion that the Urhobos will vote against his party’s candidate for governorship on the basis that the candidate is not Urhobo, traces the enthronement of an Anioma person as the PDP governorship candidate to internal sabotage within the Urhobo nation among other claims