An Abuja High Court sitting at Maitama has declined to quash the 19-count money laundering charge that was preferred against the former National Security Adviser, NSA, Col. Sambo Dasuki (retd), by the Economic and Financial Crimes Commission, EFCC.

The Nigerian Extractive Industries Transparency Initiative, NEITI, Monday, lamented that the true owners of some oil blocks and other oil and gas assets in Nigeria cannot be identified from the records of the Corporate Affairs Commission, CAC, as it accused owners of some of the assets of suppressing certain information and manipulating their records in the CAC, making it impossible to link them with the assets.

The Imo State Branch of Nigeria Labour Congress, NLC, has joined its counterparts in other states of the federation, to call on the Federal Government to reverse the hike in the electricity tariff, even as it warned that labour will not enter into any dialogue with Imo State Government over the over 3, 000 workers it sacked.

Pandemonium on Sunday night, broke out in Afe Babalola University, Ado Ekiti, as students of the institution went on rampage destroying property worth millions of naira.

The Central Bank of Nigeria, CBN, has set aside over N1 trillion to promote lending to the real sector of the economy with a view to stimulating economic activities in the country. The Governor of the CBN, Mr. Godwin Emefiele, disclosed this at the 21st Seminar for Finance Correspondents and Business Editors in Ibadan, Oyo State capital, yesterday. Mr. Emefiele who spoke through the Deputy Governor, Corporate Services, Mr. Adebayo Adelabu, justified the massive interventions of the apex bank in financing the real sector of the economy, saying that the current trend in global central banking has gone beyond the core functions of monetary policy management.