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Nigeria Masterweb

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

250 Killed In Darfur Tribal Clashes - Peacekeepers

 

KHARTOUM – As many as 250 people have died in separate tribal clashes in remote parts of Sudan’s south Darfur region over the last week, peacekeepers said on Monday.

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Zimbabwe Accuses Botswana Of Training Insurgents

HARARE – Zimbabwe has accused Botswana of training opposition insurgents to oust President Robert Mugabe, state media said on Monday, increasing tensions between the neighbors and adding to doubts over a power-sharing deal.

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New S/Africa Party Sees No Reconciliation With ANC

BLOEMFONTEIN ––A breakaway faction which poses the first serious challenge to South Africa’s ruling party said on Monday there is no chance of reconciliation with the African National Congress.

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Bush Talks With Karzai On Surprise

KABUL (Reuters) – President George W. Bush told Afghan President Hamid Karzai on Monday the United States would stand by the war-torn country despite a transition of power at the White House.
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23 Drown, 33 Missing In Philippines Ferry Accident

MANILA - Philippines – An overcrowded ferry capsized just short of its destination in rough seas in the northeastern Philippines, causing terrified passengers to leap into the sea, officials said Monday. At least 23 people drowned.
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New Thai Prime Minister Faces Immediate Protests

BANGKOK – Opposition leader Abhisit Vejjajiva became Thailand’s third prime minister in as many months on Monday, taking control with a slender majority in parliament and an economy teetering on the brink of recession.

 

 

UNSCHEDULED VISIT: Edo State People’s Governor, Comrade Adams Oshiomhole (2nd left), listening to the Manager of Bendel Brewery, Chief Udoh Seling during his unscheduled visit to the company yesterday in Benin City. Photo: DAVID ACHA.

Govt set to revamp ETS, Bendel Brewery

By FRIDAY OBANOR
BENIN CITY – Edo State Governor, Comrade Adams Oshiomhole yesterday visited two ailing government companies - the state - owned Edo Transport Service Limited, popularly called “Edo Line”, and Bendel Brewery PLC, with a promise to revamp them .

Death of SA, CPS : EDHA condoles with Oshiomhole

By FRIDAY OBANOR

BENIN CITY – Principal Officers of the Edo State House of Assembly, led by the Rt. Honourable Speaker, Zakawanu Garuba, yesterday paid a condolence visit to the state Governor, Comrade Adams Oshiomhole, over the death of two of his aides, who died in a ghastly motor accident last Saturday afternoon.

Step up revenue drive, Forum advises govt

By CLIFFORD AGBAJOR

BENIN CITY – Edo State government, has been urged to put adequate measures in place to step up revenue drive. This is to ensure sustainable development of the state, due to the dwindling revenue accruing to the state from the Federation Account occasioned by the fall in oil revenue coupled with the crisis in the global financial sector.

 

South-South Reps reject 2009
Niger-Delta budget

By KASSIM OMOMIA
ABUJA - Members of the South/ South Caucus in the House of Representatives have rejected the 2009 budgetary estimates earmarked for the region , saying it was inadequate to meet the enormous challenges currently faced by the zone.

AC laments loss of personal aides to Oshiomhole

By FRIDAY OBANOR

BENIN CITY - Edo State Chapter of the Action Congress, has described the death of Barr. Greg Haruna, Personal Assistant to the State Governor, and the Chief Press Secretary to the People’s Governor, Mr. Chris Nwachukwu, as a monumental loss to Edo State and Action Congress.

EDHA Committee begins seminar on security tips

By THOMPSON ERHOMONSELE
BENIN CITY – Towards ensuring safety of lives and property, Edo State House of Assembly Standing Committee on Security yesterday in Benin City commenced a two-day seminar on security tips.

Improving Education: House holds public hearing

By THOMPSON ERHOMONSELE

BENIN CITY – A Public Hearing on improving the Education Sector in Edo State organised by the Edo State House of Assembly Standing Committee on Education, commenced yesterday in Benin City with parents of pupils and students, Nigerian Union of Teachers, All Nigerian Conference of Principals of Secondary Schools (ANCOPSS) and Academic Staff Union of Secondary Schools (ASUSS) among others delivering their memoranda to the Committee.

Former Sports Commissioner faces sports committee tomorrow

By STEVE OMA-OFOZOR


BENIN CITY – As the Edo State Sports Development Committee (SOC) sitting in the state capital continues to receive papers from stakeholders on ways of reviving sports in the state, the former sports Commissioner, Hon. Brown Ebewele will tomorrow (Wednesday) December 17, 2008 meet with the Committee.
Other News
Inside Edo

Etsako East LG to commission 40 projects

Appeal Court Judgment: Ayogwiri community felicitates with Oshiomhole

National

Delta Govt Plans To Promote Mechanised Farming

Supreme Court Verdict Calls For Sober Reflection -Obaje

Director Counsels On High Divorce Rate

Yobe Engages Guards To Fight Bush-burning

Ekiti PDP Leaders Defend Omotoba’s Nomination

View Point

Let’s Lend A Hand Of Goodwill To The People’s Governor

By OKOH INNOCENT.
When the Appeal Court sitting in Benin upheld the vedict of the Election Tribunal that declared Comrade Adams Oshiomhole as the Executive Governor of Edo State, the city went agog with jubilation and it became a clear fact that the true mandate of the people in the state was truly reflected in the judgement of the Appeal Court.
Issues

Okungbowa Versus Okunega: The Delay Of Justice And Matters Arising

By JOHN ONAIVI-OZIOTU

Executive Director, Coalition for Good Governance and Economic Justice.
Elected Local Government Chairmen and Councillors in Edo State marked one year in office on December 15th, 2008 after a controversial election last year December that is still an issue of litigation; but the constitutionality or otherwise of the electoral body (Edo State Independent Electoral Commission) that midwifed the election is being challenged in court.
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.

Security Operatives Beat Up CSO In Delta

By BETTY IDIALU
ASABA - The chief security officer in charge of the Obiaruku General Hospital, Mr. Patrick Ebogbvem is now on a danger list on his sick bed in the same hospital where he works as a result of the injury he sustained from security operatives who claimed to have killed three robbery suspects at Amai road, in Ukwani local government area on Tuesday, 25th November 2008.

2009, Year Of Frustration-Oyedepo

ABUJA - Bishop David Oyedepo, the founder of the Living Faith Church, on Saturday predicted that the worsening global financial crisis would result in 12 months of frustration in 2009.
Sports

Amodu Heads C’ttee On Insurance FC

Club World Cup: United To Face Gamba Osaka

NFF Summon Coaches To Abuja

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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Gems Of Truth

Trade Is Going To Banish Poverty In Africa

By HENRY BALOGUN


Though many developing countries around the world have been benefiting from aids from the developed nations and other donor agencies over the decades however, the new idea is that the capacity of third world nations such as Nigeria to witness rapid development, following the footsteps of China and India would be on its ability to engage in trading with foreign nations.
Family Matters

We Are At It Again!

By FLORA OKOYE
Yes every part of the city is now wearing a new look, all in readiness for the Christmas and New Year celebrations. Check out different offices, schools, and almost all the business centres, they are all being decorated with various attractive colours, and I bet you, all these add more beauty to the overall beauty and outlook of the city.

 

 

Thoughts & Tips

Nigerians Unite For A Purpose (1)

By MONDAY ESON

All Nigerians must agree to work together whether we like it or not. After forty eight years of independence, it is time to talk of the unity of all Nigerians for a PUROSE.

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Issues On Development

Comrade Governor’s Employment Drive

By Eranga Omo-Ehiabhi Isaac

The employment blueprint of Comrade Adams Oshiomhole, governor of Edo State is pragmatically suited for the transformation of the lives of many youths in Edo State. Previous administrations have made no effort in revamping this ugly trend of unemployment in Edo State but thanks to the people’s governor-Comrade Adams Oshiomhole who has placed it upon himself to make employment drive number one on his priority list.

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Editorial

Common Currency For Ecowas

THE economic Community of West African States (ECOWAS) recently in Abuja said that the five countries of the West African Monetary Zone would adopt a common currency next year. President of ECOWAS Commission., Dr. Mohamed Chambas who gave the hint, also said the new currency would merge with the French CFA used in French speaking West African countries.

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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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