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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

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.

 

 

MEDIA PARLEY: HRM Omo N’Oba N’Edo, Uku Akpolokpolo, Oba Erediauwa, Oba of Benin listening to the Omu of Okpanam, HRH Obi Martha Dunkwu (right), during the 35th Media Parley hosted by the Oba, in his palace yesterday. Photo: MOSES OBOH.

Supreme Court Verdict: Justice Minister denies bribery allegation
*Threaten Court action

By TIMOTHY ELEREWE
abuja - Minister of Justice and Attorney General of the Federation, Chief Michael Andoakaa (SAN) has denied an allegation that he offered the Supreme Court Justices a whopping US$30million to uphold the electoral victory of President Umaru Musa Yar’Adua in last year’s presidential election.

Governor frowns at rice importation

By FRIDAY OBANOR

BENIN CITY – Edo State Governor, Comrade Adams Oshiomhole has said that the policy thrust of the present administration in the state, in terms of agriculture, s not to embark on the importation of rice to kill local initiative, but to subsidize production.

Enhance IGR EDHA urges government

By THOMPSON ERHOMONSELE

BENIN CITY - Edo State House of Assembly yesterday in Benin City adopted a resolution calling on the state government to set an agenda for enhanced Internally Generated Revenue (IGR) for development.

 


EDSG to provide quality health care

By FRIDAY OBANOR
BENIN CITY - Edo State government has reiterated its commitment towards providing affordable and qualitative health care delivery system to the people of the state.

Senate discovers discrepancy in 2009 budget

By JOSES SEDE

ABUJA - Hiccups that hindered early passage of Budget 2008 have emerged in the 2009 Budget proposal just as the senate promised living up to its earlier assurance that it will pass the Budget before proceeding on the Christmas break on Thursday.


Naira slide, deliberate- Soludo

By JOSES SEDE
ABUJA – Governor of Central Bank of Nigeria, Prof. Charles Chukwuma Soludo yesterday stunned the Senate when he disclosed that the declining value of the Naira, the nation’s currency was deliberately allowed to save the economy by way of attracting foreign investors and growth of local industry.

Information dissemination
Oba of Benin commends journalists

By MONDAY OISE/RABI USMAN/JULIA OMORODION

BENIN CITY - The Oba of Benin, Omo N’Oba N’Edo Uku Akpolokpolo, Oba Erediauwa has commended journalists in Edo State for their role in the dissemination of information to members of the public.


Senate drills Ekaette

By JOSES SEDE


ABUJA - Frantic efforts by some Senators to secure graceful sail for Chief Ufot Ekaette, at yesterday’s ministerial screening by the Senate of the Federal Republic was rebuffed when the opposition insisted that the Senate was not a secret cult where such deference was accorded elders.
Other News
Inside Edo

Death of Gov’s Aides: Igbo youths condole with Oshiomhole

Majority Leader briefs constituents December 21 at Uromi

National

CBN To Adopt Inflation Targetting

Lagos Govt Exempts Certain Cars On Transit

Cocoa Production On Decline In Ekiti -Commissioner

Obasanjo Library Organises Workshop On Climate

Ekiti Electoral Commission Promises Free, Fair Election

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.


Economic Crisis: NACCIMA Urges FG To Evolve Bail Out Mechanism

By HAMEED BRAIMAH
The Nigerian Association of Chambers of Commerce Industry Mines and Agriculture (NACCIMA) has tasked the Federal Government to design its own package to ensure that the country is not taken aback through evolving necessary bail out mechanism to save the country from the present global financial crisis.

Yelutide: Armed Bandits Take Over Effurun/Orerokpe Eku Road

BY BETTY IDIALU
As Christmas draws near, armed bandits have continued to operate freely on the Effurun/Orerokpe Eku Road, Delta State.
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.

 

 

Midweek Discourse

The Place Of Womanhood In Global Anti-Social, Cultural Practices

By AKPESIRI OGHENERHABOKE

But for the sorry sight of these three siblings-swollen public regions, blood dripping from their private parts and the difficulty they had walking, the story would sound like a tale by the moonlight that a ‘sane’ young man, Mr. Emmanuel Assai, twenty-five years old, a Ghanaian, would take three kids of the same parents to his room and have sex with them one after the other.

 
Issues

Policy Guidelines On Market And Abattoir Sanitation

 

The National Environmental Sanitation Policy aptly identified Market and Abattoir Sanitation as one of the key policy issues to address the enonmous problems of Environmental Sanitation in Nigeria.

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.

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?