Gunmen Kill Vigilante In Anambra

ONITSHA—Tension mounted, yesterday, at Okpoko Layout, Ogbaru Local Government Area of Anambra State, near Onitsha, when an operative of Okpoko vigilance group, simply identified as Stubborn, was gunned down by a gang of armed men, suspected to be robbers, who operated in motorbikes at Mugambo Market.

Anambra 2013: INEC Unveils 23 Guber Candidates

ABUJA—FIFTY-TWO days to the November 16 governorship elections in Anambra State, the Independent National Electoral Commission, INEC, yesterday, unveiled the names of 23 candidates that will do battle for the Anambra top job. In the list, there are only four female deputy governorship candidates. The rest are men.

I ‘ll Not Devalue The Naira – SANUSI

The Governor of the Central Bank of Nigeria, CBN, Mallam Sanusi Lamido Sanusi, has vowed to defend the Naira. He said he was prepared to use the nation’s foreign reserve to ensure the currency’s stability.

Briefing the newsmen at the end of the Monetary Policy Committee meeting in Abuja, yesterday, he said that the argument of those pushing for the devaluation of the Naira did not make any valid economic sense in an import-dependent country like Nigeria.

Sacked 670 Mainstreet Bank Workers: Reps Threaten To Order MD’s Arrest

ABUJA — THe House of Representatives, yesterday, threatened  to issue a bench warrant on the Managing Director of Mainstreet Bank Plc, Mrs Faith Turduo Martins, for allegedly sacking 670 staff of the bank without due process.

Chairman of the House committee on Banking and Currency, Jones Chukwudi Onyereri, said  a bench warrant awaited Turduo Martins if she failed to appear before the committee on October 2 to explain why 670 staff of  the bank were sacked under anonymous circumstances.

Reps At War Over Okonjo - Iweala

ABUJA — CHAIRMEN of the joint committees of House of Representatives on Petroleum Upstream and Gas Resources, yesterday, warned House Committee Chairman on Finance, Rep Abdulmumin Jibrin to stop defending the Minister of Finance, Dr. Ngozi Okonjo-Iweala.

Renewed Hostilities In PDP: You Can’t Intimidate Us, G-7 Govs Tell Jonathan

The October 7 peace meeting between President Goodluck Jonathan and seven aggrieved governors of the Peoples Democratic Party (PDP) appears threatened following the eruption of renewed hostilities.

Nigeria Deserves UN Security Council’s Seat – President

President Goodluck Jonathan yesterday said that Nigeria deserved to have a non-permanent seat on the United Nations  Security Council.

President Jonathan made this comment while addressing the 68th Session of the United Nations General Assembly in New York.  Election for who occupies  the seat will take place in October, this year

CBN Decries Politicians’ Use Of Dollars

The Central Bank of Nigeria (CBN) yesterday linked the heavy demand for the United States dollars (USD) in the domestic economy to the activities of politicians who are rapidly dollarizing the economy.

The apex bank is also fast-tracking plans to adopt new regulations to fight money laundering in the bureaux des change (BDC) segment of the financial services sector of the economy.

No Plan To Change Senate Leadership – Abaribe

Chairman, Senate Committee on Information, Media and Public Affairs, Senator Eyinnaya Abaribe, has said that there is no truth in the speculations that the Presidency has initiated moves to change the leadership of the upper legislative assembly because it granted audience to the leaders of the breakaway faction of the Peoples Democratic Party.

Our Struggle Will Improve Education Sector –ASUU President

President of the Academic Staff Union of Universities, Dr. Nasir Fagge, said on Tuesday that the current strike by lecturers of public universities in the country was a sacrifice for better things to come.

Fagge told the News Agency of Nigeria in Lagos that there would be no development unless the deficits in the education sector, especially the university system, were addressed once and for all.