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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

Limited DR Congo Talks Resume In Nairobi - UN

 

NAIROBI - Congolese rebels and a Kinshasa government delegation were holding separate talks with UN mediator Olusegun Obasanjo in Nairobi on Thursday, a day after Obasanjo said the talks had run into trouble.

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Zimbabwe Cholera Is Over
- Mugabe

HARARE - Zimbabwean President Robert Mugabe said on Thursday his government had stopped a cholera outbreak that has killed nearly 800 people and prompted Western leaders to call on him to step down.

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Ethiopian PM Says Somali Peace Keepers Want Out

ADDIS ABABA - African Union peacekeepers want to withdraw from Somalia as soon as possible, Ethiopian Prime Minister Meles Zenawi said Thursday.

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India Calls On Pakistan To Had Over 40 Fugitives

NEW DELHI - India has called for Pakistan to hand over 40 suspects after the terror attacks that left 171 dead, a move that has raised tensions between the nuclear-armed rivals. However, India’s foreign minister said Thursday that war is “not the solution.”
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Bush Urges Obama To Keep Darfur Pressure On Sudan

WASHINGTON - US President George W. Bush, in a message seemingly aimed at successor Barack Obama, said Wednesday the United States must keep pressure on Sudan’s government over its war-torn Darfur region.
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US Envoy Says N/Korea Nuke Talks End In Stalemate

BEIJING - Four days of international talks on ending North Korea’s nuclear program closed Thursday without bridging a dispute over how monitors would verify the country’s past atomic activities, a U.S. envoy said.

 

 

STAKEHOLDERS FORUM ON TAXATION: L-R: Hon. Pally Iriase, Secretary to the State Government who represented the State Governor, Adams Oshiomhole, Hon. Frank Okiye, Majority Leader, Edo State House of Assembly and Dr. Osayande Ugiagbe JP, Permanent Secretry/Chairman, Board of Internal Revenue, during the Stakeholders Forum on Taxation yesterday. Photo: MOSES OBOH.

Importation Of Rice: More facts emerge

By FRIDAY OBANOR
BENIN CITY – The last may not have been heard of the N800 million rice purchase by the immediate past administration of the state, as the Lebanese who supplied the product said the rice was given out at the rate of N6,570.00 per bag while the former Honourable Commissioner for Agriculture, Barrister Ken Ihensekhien never travelled to Thailand for the purchase as claimed by him.

Assets Verification: EDSOGPADEC breached accounting rules

By FRIDAY OBANOR

BENIN CITY - Edo State Oil and Gas Producing Areas Development Commission (EDSOGPADEC) at the Assets Verification Committee, was found wanting yesterday as it breached known accounting rules following several millions of naira paid without accompanying payment vouchers.

Gov calls for improved IGR

By CLIFFORD AGBAJOR/ENDURANCE EDO-EGUAVOEN/FRANCA AIFESEHI

BENIN CITY ––As the two-day Stakeholders Forum on Taxation, organized by Edo State government, under the auspices of Edo State Board of Internal Revenue in conjunction with Olusola Adekanola and Co. kicked off yesterday in Benin City, Edo State Governor, Comrade Adams Oshiomhole, has described the forum as crucial and timely due to the dwindling revenue from oil and the global financial crisis.

 


Senate rejects ministerial nominee

By JOSES SEDE
ABUJA - Senate yesterday rejected the nomination of Alhaji Abdulrahman Adamu as minister of the Federal Republic because of the nominee’s lack of adequate information on what it takes to occupy such an exalted position.

Fight against drug abuse/trafficking: EDHA pledges support for NDLEA

By THOMPSON ERHOMONSELE

BENIN CITY – Edo State House of Assembly has assured the Nigerian Drug Law Enforcement Agency ( NDLEA) of its support and cooperation in the fight against drug abuse and trafficking in the country.


Thugs invade Orhionmwon Secretariat

ABUJA - Activities at the Council Secretariat of Orhiomwon Local Government in Abudu were yesterday suddenly put to a halt when two bus load of men suspected to be political thugs invaded the council headquarters at about 9 clock in the morning to install a new leader of the Legislative Arms.

Return properties in your possession, govt warns former pol appointees


BENIN CITY - Despite repeated calls and announcements directing former office holders in the immediate past administration in the state to properly handover government property in their possession, some of them have failed to comply with the administrative directive and extant practice which mandates public officers to make documentary statement of property being handed over.


NDLEA Arrested 860 Drug Suspects In 2008


BENIN CITY – The Chairman/Chief Executive of the National Drug Law Enforcement Agency (NDLEA), Ahmadu Giade, has said that the agency between January and November, 2008, arrested 860 drug suspects and seized 100,396,843 kilogrammes of narcotic drugs, mainly cannabis, in the South-South Geo-political zone of the country.
Other News
Inside Edo

Egi clan traces root to Benin

10 pools promoters get govt nod

National

Gwagwalada Council To Prosecute Farmers For Bush Burning

FG To Reimburse Parents Over Botched Unity Schools Exam

Kwara Govt Conclude Plans On Science Village

ANPP Senators Drill Adamu For Joining GNU

Right Advocacy Call For Protection Of Rights

Issues

Promoting Hand - Washing Culture In Nigeria


Every morning, seven-year-old Ayomide insists that her mother provides enough water and soap for her to take to school.
Art And Culture

Priest - Ohen In Edo Culture

By AMBROSE .0. EKHOSUEHI

Priest Kohen, ohen, is a holy person chosen from among human beings and appointed to conduct religious rites between god and worshippers. Every high priest igie ohen or priest of God-ohen Osa is chosen from his fellow men and appointed to serve God on their behalf, to offer sacrifices and offerings for sins..

For The Records

Cultivating Tourism Asset In A Fast Growing Community
*Auchi Town And Neighbourhood As Pilots In A People Oriented Development (Poverty Alleviation)

BEING A TALK GIVEN AT THE12TH EDITION OF THE ANNUAL AUCHI DAY CELEBRATION BY DR. O. J. EBOREIME, DIRECTOR – GENERAL, NATIONAL COMMISSION FOR MUSEUMS AND MONUMENTS.


Reps Probe JVC Call / PSC

Indications to conduct a thorough investigation into Joint Venture Cash Call and Production Sharing Contracts procedures of oil companies operating in Nigeria has emerged in the House of Reps.

Soludo Predicts Future Economic Crisis In 2009

LAGOS - The Governor of the Central Bank of Nigeria (CBN), Professor Chukwuma Soludo, has said that 2009 would pose a major challenge to the global economy, he likens it to the depression which took place in the 1930’s.
Sports

Man United Await UEFA Verdict On Rooney

Emordi Retains Full Control Of Team B

Wenger Unfazed By Euro Slump

Shittu Hopeful Of Bolton Shirt

Alex May Dump Blues

Too Little To Smile About

Curbs Ready For Sunderland Job

Schuster Smiles To Bank

Admiral Akhigbe Soccer Tourney Kicks Off Dec 15

‘Thank You Gov Chime’

Coach Bosso Knows Fate Today

A New Era In Africa

Ball Backs Robinho

Business

CIBN Goes Tough, Set To Rid Banks Of Quacks

LAGOS - It would no longer be business as usual for bankers as the industry’s apex regulatory body, the CHARTERED INSTITUTE OF BANKERS OF NIGERIA (CIBN), is set to rid the banking profession of quacks.

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Terminal Remains Shut 7 Days After Attack

Eket (Akwa Ibom) - Operations at Qua Iboe crude oil terminal operated by Mobil Producing Nigeria (MPN) in Ibeno, near Eket ,in Akwa Ibom has remained closed for one week.


NUPENG Assures Of No Reduction In Prices Of Products

LAGOS - The National Union of Petroleum and Natural Gas Workers (NUPENG) has said that it would not call for a reduction in the prices of petroleum products.

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NAPEP Offers Loans To 300 In Ondo

AKURE - The National Poverty Eradication Programme (NAPEP) in Ondo state will soon distribute cheques to 300 beneficiaries to enable them set up small - scale businesses.

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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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Health Issues

Registration / Listing Of Herbal Products In Nigeria

By Dr. S.A. Amuda - Giwa


The procedure for registration of herbal products in Nigeria is not strictly the same with requirement for orthodox drugs registration. This is because of their peculiarities when compared with orthodox drugs.

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.

 

 

Pespective

Can Nigerian Govt Rescue 18 Citizens From Indonesia’s Hangman’s Noose?

By AKPESIRI OGHENERHABOKE

One striking billboard that welcomes visitors to the Soekarno Hatta International Airport, Jakarta, Indonesia, is the one that specifies the punishment for drug traffickers. “Death Penalty for Drug Traffickers under Indonesian Law,” screams the red inscription boldly written on the board.

 
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.

Editorial

Unresolved Crimes

EDO State is now becoming a haven for criminals to freely operate. Some are arrested while some others leave in their wake, their acts of criminality and cannot even be traced.

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

Yes
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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?