Mrs. Winifred Oyo-Ita- Head of the Civil Service of the Federation

The Head of the Civil Service of the Federation, Mrs. Winifred Oyo-Ita, has stated that training and retraining of Federal Public Servants is essential to development of the nation and will no longer be a welfare package used to douse Labour tensions.

The Nigerian Independent Petroleum Company (NIPCO) Plc has launched a 4.84 billion naira ($16m) offer for the shares it needs to take its stake in Mobil Oil to 70 percent to comply with Nigerian takeover rules, its advisers said on Wednesday.

Acting President, Professor Yemi Osinbajo

The Acting President, Professor Yemi Osinbajo, who chairs the NCP noted that the council has successfully handled the privatisation and reformation of 142 public enterprises since inception.

The World Bank has approved a credit of $961 million to support Nigeria in bringing back out-of-school children into the classrooms.

A reports published yesterday by mercer.com tagged "23rd Cost of Living Survey", listed Lagos and Abuja are among the 60 most expensive cities in the world.

Minister of Transportation, Chubuike Amaechi, has disclosed that the ministry would purchase four new additional locomotives to enhance movement of goods and passengers along Abuja-Kaduna rail route.

Nigeria's distributable government revenues rose to in May from 415.7 billion naira in April due to higher proceeds from corporate taxes, a government statement said during the Federal Accounts Allocation Committee (FAAC) meeting on Thursday.

The Managing Director of Capital Oil, Patrick Ifeanyi Ubah has been released unconditionally from custody by officials of Department of State Services after a "no case" was established at the end of investigation.

The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, has disclosed that the Federal Government is targeting about $8billion annual foreign exchange from the export of yams to other countries, if the yam export programme succeeds.

Reports at the disposal of vigil 360 indicate that a consortium of banks, led by Access Bank PLC and other foreign banks, has taken over the management of Etisalat Nigeria, effective June 15.