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Nigeria Masterweb

Investment Forum

Stock Market Behaviour:
Lessons For Investors

 

The state of the Nigerian stock market for the past 10 weeks till date suggests it only takes a pretty big risk-taker to inject fresh funds.
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International

Mbeki To Query Mugabe’s Ministry Allocation

 

JOHANNESBURG - President Robert Mugabe’s allocation of key ministries to his party will be discussed when former South African president Thabo Mbeki meets Monday with Zimbabwe’s political leaders, Mbeki’s spokesman said.

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...Zimbabwe Opposition Condemns Mugabe

HARARE - Zimbabwe’s outraged opposition accused President Robert Mugabe of killing off a power-sharing deal on Sunday after he unilaterally handed key ministries to his own party.

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Palestinian Leaders Call For Reconciliation

DAMASCUS - Palestinian President Mahmoud Abbas said yesterday the rift between his mainstream Palestinian faction and archrival Hamas must end. The Hamas leader, meanwhile, said the time is right for reconciliation.

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N/Korea Off US Blacklist After Nuke Inspection Deal

WASHINGTON - After North Korea relented on nuclear inspection demands, the U.S. on Saturday erased from a terrorism blacklist the communist country President Bush once branded part of an “axis of evil.”br />
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European Leaders Meet On Financial Meltdown

PARIS - European leaders were due in Paris yesterday for a summit that would mark their last chance to hammer out a coordinated financial rescue package before their panic-stricken stock markets reopen.
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Developing Countries Feeling Fallout From Meltdown

WASHINGTON - Searching for ways to tackle the unfolding economic crisis, global finance ministers are turning attention to the fallout in developing countries and poor nations.

 

 

Karibi-Whyte under fire over N-Delta ministry


BENIN CITY- The Chairman, Niger-Delta Peace and Conflict Resolution, Edo State, Dr. Francis Omo-Osunde Iyasere has challenged Justice Karibi Whyte to define the geographical location referred to as the Niger Delta region.

Suspended Egor LG boss apologises to EDHA

USELU- The Chairman of Egor Local Government Council, Mr. Crosby Eribo who was suspended last week by the Edo State House of Assembly, has tendered an unreserved apology to the House over his comment moments after his suspension.

 


IMF moves to avert global credit crisis

WASHINGTON- Finance leaders from the International Monetary Fund’s 185 member countries on Saturday endorsed a plan announced by major economies to chart a course out of the credit crisis.

Guinness Nigeria awards scholarship to youths

BENIN CITY- About four months after awarding scholarship to four young school leavers from Oregbeni Community, Benin, to study at the Institute for Industrial Technology (IIT), Lagos, Guinness Nigeria Plc has again awarded scholarship to another set of four students


WBC: Klitschko defeats Peter

BERLIN-Vitali Klitschko defeated Nigerian Samuel Peter to win back the WBC heavyweight title three years after injury forced him into retirement.

Development participation: FONWIP national coordinator tasks women

 

ABUJA- The National Co-Ordinator of Forum of Nigerian Women in Politics, (FONWIP), Mrs. Florence Gbinigie-Erhabor has stressed the need for women to actively participate in the socio- political development of their countries.


Pensioners commend EDSG

 

BENIN CITY – The Edo State Council of the Nigeria Union of Pensioners (NUP) has commended the state government for its pensioners’ friendly policies and prayed for its sustenance.
Other News
Inside Edo

Development: Ogbomo Lauds Gov Osunbor

Scout training commissioner gets awards of excellence

NDI Tasks NASS Members

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National

Wike Still In EFCC Custody

PHCN To Get N594m For Reducing SF6 Emission

Oil Production To Hit 16.7N Dollars By 2012

NGO Calls On FG To Actualise Youths Festival

FAAN To Shut Kaduna Airport

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Romance

How To Say I Luv U In Nigeria

BY ANDREW WALKER (BBC)
Your mobile phone beeps, you have received a text message. It begins: “I swear, I will make sure I give you HIV...” But it’s not an abusive threat, it’s a “romantic”
Issues

Making Nigeria One

By OMOKHOGIE ADAMU
IT is difficult for me to picture what Nigeria has to be happy about during the celebration of her 48th year of independence. Rather, the country has a lot to be sad and ashamed about. The type of democracy we practice is upside down and as a result Nigeria is still the place “where nothing works.

BOOK LAUNCH: L-R: Edo State Governor, Prof. Oserheimen Osunbor, His Royal Highness, Alhaji W. O. Momodu, the Ogie-Irrua or Irrua, and his Royal Highness Prince Edun Akenzua, the Enogie of Obazuwa during the launching of a book on Oba Ovonramwen N’Ogbaisi, which took place at Oba Akenzua Cultural Centre in Benin City last Saturday. Photo: LUCKY AGIE.


Bonny Indigenes Preach To Youths In Creeks

BONNY (RIVERS) - Bonny indigenes of Rivers resident in the United Kingdom have commenced reaching out to youths in the creeks to surrender their weapons and embrace peace.

Rivers SSG Restates Commitment To Development

PORT HARCOURT ––Mr. Magnus Abe, the Secretary to the Rivers State Government (SSG) today said that the arrest of top government officials will not deter the provision of qualitative service to the people by government.

LAGOS - The Board of Directors of PlatinumHabib Bank Plc (Bank PHB) has been given the green light by its shareholders bid for the acquisition of the issued share capital of Spring Bank Plc.


Obanikoro Applauds Union Bank

LAGOS - Nigeria’s High Commissioner to Ghana, Senator Musiliu Obanikoro, has commended Union Bank of Nigeria PLC for its immense contributions to the socio-economic development of Nigeria, describing the Bank as an economic engine-room of the nation.

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Soludo Explains Crunch In Capital Market

ABUJA - The Governor of the Central Bank of Nigeria (CBN) , Professor Chukwuma Soludo has said that the dwindling fortune of Nigeria’a Capital Market was as a result of divestment by institutional investors.

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Union Bank Offer Put On Hold

LAGOS - Investors bracing up for the proposed public offer of Union Bank of Nigeria (UBN) Plc may just have to wait a little longer as the Central Bank of Nigeria (CBN) is delaying in approving the necessary documents submitted by the bank for the fund raising
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Aero Acquires Another Aircraft

LAGOS - Aero Contractor Airlines has taken delivery of another Boeing 737-500 aircraft, the second in a month, just as it won the Best Security and Safety Conscious Airline in Nigeria and Central Africa Region award.
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NSE To Appraise 15 Requests For IPO

LAGOS - Quotations committee of the Nigerian Stock Exchange (NSE) has met to consider applications from 15 companies that had notified the Council of the Exchange of their intentions to raise funds from the capital market.
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ASSBIFI Issues Fresh Threat To Banks

LAGOS - The Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) has threatened to clamp down on banks that prevent employees from joining unions. ASSBIFI National President, Mr. Sanni Lasisi, said this at the maiden celebration of the “World Decent Work Day in Nigeria “ in Lagos.
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Incontrovertible Truth

Are There Good And Evil Powers?

With Godwin Ubiaru
The existence of Heaven and Hell, God and the devil make some people think and believe that there are good and evil powers – in short two powers. If there are two powers there must necessarily be two rulers of the–universe that is, two gods, a good one and an evil one. But this is not so!
Reflection

The Power Of Yes

By LAMAI CASSIUS
According to Oxford dictionary, yes is described as an indication that one agrees with what has been said, it is also an agreement between two persons or group of persons for a concept over a particular thing.

Focus

Agriculture And Vision 20: 2020 Project

By NKECHI OKORONKWO (NAN)

From being a major exporter of agricultural commodities in the 50s and 60s, Nigeria is today a net importer of food.

 
Milestone

Edo At The Threshold Of New Educational Revolution

By EMMA OVUAKPORIE

The heartbeat of the nation, Edo State is presently witnessing a new revolution in education as the neglected sector has started to wear a new look.
Education is the only legacy we can leave for our children as the youths of today are the leaders of tomorrow..

Editorial

Enyimba Face Baptism
Of Fire

Enyimba of Nigeria face baptism of fire this weekend in Cairo. And the Nigeria’s representatives in the CAF league championship need more than luck to see them to the final stage.

Nigerian Observer Poll
Should President Yar'Adua resign considering his present health condition?

Yes
No
Note Sure

OKUTA (LAST -O-)

EDOS CELEBRATE WITH OSUNBOR AT 57. -NEWS

Na so!
Na who know the value of Kola-nut dem dey give kola-nut as gift.