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Investment Forum

‘Be Greedy When Others Are Fearful’

By Amadasun Ese

The above quote, from investing legend and current world’s richest person, Warren Buffett, is a clear allusion to the well-established view that investors’ actions are largely driven by psychological factors of fear and greed. Past analysis strongly supports that most decisions and actions of investors do not draw from very rational evaluations but rather the overwhelming feeling of the moment.
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International

Mugabe Under Fire As Cholera Toll Soars

 

HARARE– The death toll from Zimbabwe’s cholera epidemic soared to nearly 750, the United Nations said Wednesday, as rights groups denounced President Robert Mugabe over a wave of abductions of activists.

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Bush To Meet Darfur Activist

WASHINGTON – US President George W. Bush was to mark Human Rights Day on Wednesday by meeting with an activist from Sudan’s troubled Darfur province and speak with bloggers from Belarus, China, Cuba, Egypt, Iran, and Myanmar, the White House said.

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Ban Ki-moon Frustrated Over Lack Of Democratic Steps In Myanmar

UNITED NATIONS – UN Chief Ban Ki-moon voiced growing frustration at the failure by Myanmar’s military regime to restore democracy and ruled out a return visit to the country at present.

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Pakistan Intensifies Crackdown On Mumbai Suspects

ISLAMABAD – Pakistan has intensified its crackdown on a militant group suspected in the Mumbai terror attacks by arresting 20 more people but will not hand any of its citizens over to India, officials said Tuesday.
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Accused 9/11 Plotters Say They Want To Confess

GUANTANAMO BAY – The five men charged with orchestrating the Sept. 11 attacks are in a hurry to enter guilty pleas on their apparent quest for martyrdom, with only six weeks remaining before President-elect Barack Obama takes office.
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Somali Pirates Threaten Force Cruise Ship Evacuation

BERLIN – A cruise ship will evacuate passengers before sailing through waters off the Somali coast and fly them to the next port of call to protect them from possible pirate attacks, German cruise operator Hapag-Lloyd said Tuesday..

 

 

2009 ARMED FORCES REMEMBRANCE DAY: President Umaru Musa Yar’Adua, being decorated with 2009 Armed Forces Remembrance Day Emblem by the Secretary-General of the Legion, Capt. John Adole (rtd) yesterday (Wednesday) at the State House in Abuja.

Purchase of 100,000 bags of rice by past govt: Only 7,200 bags delivered so far

By FRIDAY OBANOR
BENIN CITY - It has been revealed that out of the total number of 100,000 bags of rice ordered by the erstwhile Governor of Edo State, Professor Oserheimen Osunbor and for which a down payment of N100m was made, only 7,200 bags have so far been delivered by the contractor handling the purchase.

Ghana’s presidental election deadlocked * Run-off on Dec 28


ACCRA- No candidate emerged the winner in Sunday’s presidential election, says Dr. Kwadwo Afari-Gyan, chairman of Electoral Commission of Ghana.

Yar’Adua launches Armed Forces Emblem

ABUJA - President Umaru Yar’’Adua on Wednesday launched the Armed Forces and Remembrance Emblem appeal fund with a call on Nigerians to reflect on the debt of gratitude owed their fallen heroes and heroines.

 

Support Oshiomhole, AC urges progressives

BENIN CITY - Edo State Chapter of the Action Congress (AC) has appealed to all social democrats, otherwise known as the progressives, in Edo State to unite in assisting Comrade Adams Oshiomhole to succeed in his redemption mission to accelerate the economic development of the state.

2 more states advocated for Edo

BENIN CITY – A politician, Mr. Francis Omo Olaye has called for the creation of two additional states from the present Edo State, for Edo speaking people.

House C’ttee gets ultimatum to submit reports

By THOMPSON ERHOMOSELE
BENIN CITY- The Edo State House of Assembly has fixed a week’s time for the presentation of the Report of its Standing Committee on Public Petition and Labour Relations on a petition titled: “ Appeal Against Wrongful Termination of my Appointment and asking for a Reinstatement,” dated June 12, 2008, written and signed by one Mr. Amos Ogiemudia Arase.

2-Storey Building Collapses In Yenagoa


YENAGOA- A two-storey building under construction collapsed in Yenagoa on Monday, leaving two persons injured but with no death.

N12b Saved From Appropriation For Road - Senator


ABAKALIKI- Sen. Julius Ucha, the Chairman, Senate Committee on Works, has said that more than N12 billion appropriated for road rehabilitation in the 2008 budget was re-appropriated in the 2009 budget.
Other News
Inside Edo

Lagos Street traders protest against hawkers

Childhood killer diseases: Egor WDP chairperson flags-off immunization

National

Adamawa Varsity Begins Mass Recruitment

Imo Govt Condemns Violent Clash In Awara

Rivers Govt Begin Repair Of BMH Theatre Equipment

Amaechi Lauds Muslims For Peace, Support To Govt

Smedan Gets New Director General

International

Brilliant Commander And Strong Army
On December 24, 17 years ago Kim Jong 11 was appointed Supreme Commander of the Korean People’s Army, an epoch—making event for the KPA development.
For The Record

Education in Nigeria

By Evang Dr. Mrs. Helen Odemwingie

First, let me start by attempting to define Education. However, there is a variety of definitions by Educationists.

Focus

How Democratic Is Democracy As A System Of Governance In Nigeria?

Ask IMONOFI TANUTI
Democracy according to Abraham Lincoln, in his Gettysburg speech is described as the government of the people, by the people and for the people. It is a movement from the rule of the few to the rule of the many.

Forum on Taxation begins today

BENIN CITY - A two-day Stakeholders Forum on Taxation with the theme: “Sustaining Development through Effective Taxation”, organised by the Edo State Government under the auspices of Edo State Board of Internal Revenue, in conjunction with Olusola Adekanola and Co, will begin today, December 11, 2008, at the Oba Akenzua Cultural Centre, Airport Road, Benin City at 9.00 a.m.
The Forum will end tomorrow, December 12, 2008.

Lawmaker Wants FG To Sign HYPPADEC Bill

MINNA- Rep. Bala Kuta (PDP-Niger) has called on President Umaru Yar Adua to sign the Hydro Electric Power Producing Areas Development Commission (HYPPADEC) Bill into law.

ABUJA- Dr Bayo Akinnola, Chairman, Lafarge Cement has called for a ban on the importation of cement.

Globacom Selects Acision For VAS In Ghana

LAGOS- Globacom, Nigeria’s National Operator, has selected Acision, the world’s leading messaging company, to provide Value Added Services (VAS) for its new mobile network in Ghana.

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NACCIMA Decries Shotfall In Oil Revenue

LAGOS- The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has decried the statement credited to the Federal Government considering increases in taxes to fund the shortfalls from oil revenue in the year 2009 budget.

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Arik Air Sets Up Operational Control Centre

IKEJA- Nigeria’s flag carrier, Arik Air, has set up an Operational Control Centre (OCC) to help track its aircraft in skies all over the world as it commences inter-continental flights next month.
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Auto Dealers Appeal To LASG Over Planned Relocation

LAGOS - The Autozuma Motor Dealers Association has appealed to the Lagos State Government to reconsider its planned relocation of auto-dealers to Mowo, on the Lagos/Badagry expressway.
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Widening Of Tax Net To Check Quack
-Lawmaker

LAGOS - A Lagos lawmaker, Mr Adeola Olamilekan, has said that the widening of tax net by the government was to ensure payment of taxes by all, especially the tax evaders.
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NPA Blames Cargo Upsurge On Vessel Congestion

LAGOS - The Nigerian Ports Authority (NPA) has said that vessel congestion in Lagos channel is due to excessive Cargoes entering the country through Lagos ports..
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Development

Idia College Old Girls Commissions ‘Project Idia’

By ABIBATU LAWANI

A major step towards ensuring that Idia College students join their counterparts in the world to access information from the world-wide information high way has commenced with the official commissioning of ‘Project Idia’.

Opinion

What Is AU’s Role In Zimbabwe?

By LAMAI CASSIUS
Last time I wrote about the main opposition leader in Angola, Mr. Isaias Samakuva who accepted defeat immediately after the results of their presidential election was declared.

 

 

Analysis

Imperative For The Dissolution Of Local Government Councils In Edo State

By OSADOLO FRANCIS

The Court of Appeal’s confirmation of the Tribunal’s declaration of Action Congress (AC) governorship candidate, Adams Aliyu Oshiomhole on the 11th November 2008 as the duly elected governor of Edo State was a categorical declaration that the elections of 14th April, 2007 was legitimate flawlessly.

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Perspective

Need To Upgrade Michael Imoudu College of Physical Education To Varsity Status

By UNUFEGAN PAUL FEMI

Let me make my contribution known to the 8 man Sports Development committee recently set up by the administration of Comrade Governor Adams Oshiomhole. In the first place I want to commend him for the idea of sports development in Edo State and Nigeria in general.

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Editorial

Tax Culture And IGR

ONE of the major sources of revenue for any government ought to be taxation. But in Nigeria, this does not appear to be the case. In fact, current trend indicates that tax evasion is widespread in the country. Unfortunately, like any other business, government cannot be conducted without funds.

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Nigerian Observer Poll
Should Governor Adams Oshiomhole Probe Osunbor's Government?

Yes
No
Note Sure

OKUTA (LAST -O-)

Police check points resurface on our roads -News

That na True!
Abi dat oga I.G. order, make dem dismantle all check-points dat time no dey again?

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