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Investment Forum

Bearish Market: A Goldmine For Long Term Investors

By AMADASUN ESE

The bears have come and has refused to go, it has however left a lasting impression on the minds of investors.
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International

Zimbabwe Foes ‘ Near Cabinet Deal’

 

Zimbabwe - Zimbabwe’s President Robert Mugabe and a top opposition official have said a deal could be reached shortly to name a power-sharing government. One of Mr. Mugabe’s officials says changes could be made to the cabinet posts named last week, the state-owned Herald newspaper reports.

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Sandstorm Causes Havoc In Baghdad

BAGHDAD - A heavy sandstorm turned Iraq’s capital into a pinkish haze Thursday, sending dozens of people to the hospital with respiratory problems and delaying a number of international flights.

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Somali Pirates Free 22 Sailors

SEOUL - Pirates who seized a cargo ship off the coast of Somalia more than a month ago on Thursday freed the 22 sailors and the vessel, a South Korean official said.

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Israelis Kill 2 Palestinian Firebombers

JERUSALEM - Israeli troops shot and killed a Palestinian man in a West Bank village early Thursday, the third Palestinian killed by army fire in as many days..
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Egypt Draws Out New Mideast Peace Plan

RAMALLAH - Egypt has handed out its vision to rival factions of Hamas and Fatah for settling their rift, Palestinian sources said yesterday.
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N/Korea To Resume Nuclear Dismantlement

SEOUL, South Korea - North Korea planned to resume dismantling its nuclear program Tuesday for the first time in two months, days after the United States removed the communist regime from a terrorism blacklist as a reward under a disarmament pact.

 

 

Directors owe banks N50b* Senate chides NDIC, CBN

By JOSES SEDE

ABUJA – Unpaid debts by directors and other management staff of Nigerian financial institutions which now stand at whopping N49, 640,763,663.22 have been traced to the cause of bank failures in the country.

Bad Fed roads: Akogun makes case for Edo

By KASSIM OMOMIA

AUCHI - Leader of the House of Representatives, Tunde Akogun, yesterday tasked the Ministry of Transportation on the deplorable state of roads in the country, urging the Minister Diezani Allison Maduekwe to step up efforts at rehabilitating the motor ways.,

 


Educ opportunities: Female Legislators admonish parents

By MONDAY OISE/JULIA OMORODION/RABI USMAN
BENIN CITY – The committee of female legislators in Nigeria has stressed the need for parents to pay equal attention to the education of their children, whether male or female.

NULGE leaders invade National Assembly

By JOSES SEDE

ABUJA – Thousands of placard-carrying members of the Nigerian Union of Local Government Employees (NULGE) drawn from the 774 local government councils of the federation yesterday invaded the National Assembly complex in Abuja to register their rejection of call for removal of the third tier system from the Nigerian Constitution.


Osunbor counsels female politicians

By FRIDAY OBANOR/DOROTHY EGBOBAMWONYI/ABIBATU LAWANI
BENIN CITY- Edo State Governor, Senator (Professor) Oserheimen Osunbor has charged female politicians to eschew all forms of bitterness, rumour mongering in the struggle for political relevance.

Imasuen condoles with Oyakhilome family

 

BENIN CITY – Edo State Deputy Governor, Mr. Lucky Imasuen yesterday paid a condolence visit to the family of Oyakhilome over the death of Elder Timothy Oyakhilome, father of Pastor Chris Oyakhilome, President of Loveworld Ministries (aka Christ Embassy).


Searchlight Newspaper honours AIG

 

CALABAR ––The Assistant Inspector — General of Police in charge of Zone 6, Bar. Azubuko Joel Udah, mni, was on Monday, October 13, 2008, conferred with an Award of Excellence by The Searchlight Newspaper in Calabar, Cross River State.
Other News
Inside Edo

ANUNSA Holds Rally Today

Postmaster-General Harps On Role Of NIPOST

Lawmaker Charges Firm On Standardisation

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National

Accident Investigation Bureau Moves To Abuja

Delta PDP Wants Resolution Of Crisis

Senate Set To Scrap FERMA

Aliero Dares ICPC

Niger-Delta Tech Committee Gets 1 Wk Extension

More...

Art And Culture

Accompaniment Instruments Of Prayer

BY AMBROSE .0. EKHOSUEHI
Accompaniment instruments of prayer is the living communion of the believer with divine reality and as such is the central phenomenon of religion and the core of worship.
Newspot

Creating Conducive Work Environment ...The Nosa-Ehima Initiative

By O’Ray Osawe
Today, if you are passing by the King’s Square, Benin City, and you cast a fleeting glance at the secretariat complex of Oredo Local Government Council, you surely would not readily know that a whole lot of renovation work was going on inside the three massive structures, from where policies are formulated to ensure the good governance of the people and residents of the locality.

Art

Local Film Production In Benin City

By EKAIWE IGINUA OSEMWEKHA
When you sat down to look at a special Benin video drama, you had unmistakably shaken your head and said, ‘why didn’t they produce this in English?” If it had been in English, it would have had a nation-wide coverage.

MARRIAGE CEREMONY: R-L: Edo State Deputy Governor, Mr. Lucky Imasuen; Kogi State Deputy Governor, Mr. Phillip Salawu, and Benue State Deputy Governor, Mr. Stephen Lawani, during the marriage ceremony of Enugu State Governor, Barr. Sullivan Chime, which held at Osuochi, Abia State last weekend.


Oredo LG demonstrates commitment to physical health

BENIN CITY- Oredo Local Government Council has again assured of its commitment to the physical health and general well-being of residents in the locality.

Etsako Central LG boss pledges even dev

By VICTOR OMOALU
BENIN CITY ––The Chairman, Etsako Central Local Government Council, Hon. Joseph Ayegbeni Ugheoke has pledged to uplift the living standard of his people through massive infrastructural and even development throughout his tenure in office.

LAGOS- Union Bank Nigeria Plc has announced the indefinite suspension of their N300.6 billion hybrid public offer and rights issue to the investing public.


NSE Debunks Plans To Close Capital Market

LAGOS- The Nigerian Stock Exchange (NSE) has said that it has no plans to close the capital market.

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Western Union Pledges Assistance To Nigerians

JOHANNESBURG- Telegraphic money transfer giant, Western Union, has pledged its assistance to the proposed establishment of a flea market by the Nigerian community in South Africa.

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NPA Highlights Purpose Of Reform

LAGOS- The Managing Director of Nigerian Ports Authority (NPA), Malam Abdulsalam Mohammed, has said that port reform is designed to attract foreign investments.
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Canvass Policies For Capital Market

LAGOS-Some market operators have urged the federal government to provide the needed conducive environment for the country’s capital market.
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Nigerian Bizmen To Visit Vietnam

HANOI- A delegation of about 60 Nigerian businessmen will visit Vietnam from October 20 to 26 to seek opportunities for business and investment.
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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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Tourism

Tackling The Climate Change Challenges

By DORCAS ESSIEN/AGENCY REPORT
As the world battles with challenges posed by climate change, experts in the tourism industry continue to experiment with ways of effectively tackling the effects of the change on the sector..
Gender Issues

Women And The Challenge Of HIV

BY VICTOR ADEOTI (NAN)
The HIV and AIDS pandemic is said to have claimed more than 20 million lives worldwide in the past 20 years.

Analysis

EFCC: The Improvisational Psychology Of Tackling Corruption

By AKPESIRI OGHENERHABOKE

It is an incontrovertible veracity that before the establishment of the Economic and Financial Crimes Commission, EFCC, by ex-President Olusegun Obasanjo, criminal and anti-social vices of all shapes, scales and forms were perpetrated and appreciated by all and sundry from the presidency to the clergy.

 
For The Record

Food Security Is Being Progressively Addressed In Edo State

 

BEING A BROADCAST SPEECH BY THE HONOURABLE COMMISSIONER FOR AGRICULTURE AND NATURAL RESOURCES, BARRISTER KEN. IHENSEKHIEN ON THE OCCASION OF THE CELEBRATION OF THE WORLD FOOD DAY ON 16TH OCTOBER, 2008.

Editorial

Ex-Council Bosses’ Indebtedness To Banks

FOR several decades, commercial banks operated without giving out adequate credit to finance businesses and private needs in the country. This situation led to wide outcry for reform in the banking sector, which was effectively carried out by the immediate past administration of former President Olusegun Obasanjo.

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

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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.