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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 Opposition Boycotts Summit

 

JOHANNESBURG – Zimbabwe’s opposition leaders boycotted a regional summit yesterday, arguing the session was too limited to “knock sense” into Robert Mugabe and make a proposed unity government a reality.

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Libya Seeks Russian Arms Deal

MOSCOW – Libya may agree to buy more than $2 billion worth of Russian weapons during a visit by Muammar Gaddafi to Moscow this month, Interfax news agency reported yesterday, citing an unidentified source in Russia’s arms industry.

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Crew Held By Somali Pirates Healthy

DUBAI – The U.S. Navy says the 20 crew members held captive by Somali pirates aboard an arms-laden Ukrainian ship appear to be healthy.

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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.

 

 

Alleged Molestation:Gov’s aide debunks claim


LAGOS ––The Special Assistant to Governor Oserheimen Osunbor, Mr. Emmanuel Ovuakporie, has described as false, allegation by one Nigerian based in the United States of America, Mr. Ehiozuwa E.J. Agbonayinma that the Edo State Governor ordered his security aides to beat him up at the Benin Airport last Wednesday.

I’m still in my office, Special Adviser declares

By THOMPSON ERHOMONSELE/CLIFFORD AGBAJOR

BENIN CITY –Contrary to media reports that she has already packed out of her office in Government House, Benin City in anticipation of the verdict of the governorship election appeal, the Special Adviser to the Edo State Governor on Sanitation and Beautification, Hon. (Mrs.) Pat Adamu, has declared that nothing of such happened.

 


Banks can’t bail out capital market - CBN

ABUJA - The Central Bank of Nigeria (CBN) yesterday in Abuja said there were no plans by commercial banks to bailout the capital market from its present situation.

CFAN confers award on Imasuen

By ANDY EGBON

BENIN CITY - Association of Nigeria (CFAN), Edo State chapter, yesterday conferred on the state Deputy Governor, Mr. Lucky Imasuen, the “Life Patron” of the association.


Man with 86 wives granted bail

MINNA - Alhaji Muhammadu Bello-Masaba —the man with 86 wives - was granted protective bail by a Minna Chief Magistrates’s Court.

EDHA resumes from recess

By FRIADY OBANOR  

BENIN CITY – Edo State House of Assembly has resumed from its two weeks working recess. The parliament had on Wednesday October 8, 2008, adjourned its Plenary Session while the work of various House Standing Committees and Ad-Hoc Committees were still in progress.


Wild polio virus: Health Minister calls for routine immunisation


ABUJA - Dr Hassan Lawal, Minister of Health, yesterday in Abuja said routine immunisation is the country’s option to tame the spread of the wild polio virus.
Other News
Inside Edo

LG Boss Gives Order On Illegal Structures

Rector Seeks Closer Tie With BTW Management

FG Urged To Uphold Reform Agenda

More...

National

PHCN owes NGC N16b

Group Vows To Sustain Peace In Niger Delta

FAAN To Close Maiduguri Airport Runway

Rivers Arrests 98,896 Persons On Sanitation Offences

Polio Paralyses 13 Children In Gombe

More...

Reflection

Oshiomhole And His Humour

By OKHAREDIA IHEMEKPEN
There are three good reasons why we must pray that Comrade Aliu Oshiomhole, the Action Congress 2007 gubernatorial hopeful does not become an ex-politician soon in the event of his failure at the appellate court where he is challenging the election of the Edo State Governor Senator Oserheimen Osunbor and the Peoples Democratic Party (PDP).
Perspective

Time To Reinvent The “Niger Delta Issue”

By BOBO SOFIRI BROWN
Being the text of a discussion by Bobo Sofiri Brown (Managing Consultant/CEO, GRAIN Consulting) as Guest Speaker on the topic “Effects of Militancy On the Economy of Niger Delta states” at the inauguration of the State Caretaker Committee of The Action Congress Party In Rivers State, Port Harcourt September 11, 2008)

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.

VISIT: Chief Olusegun Obasanjo, former President of Nigeria and Chairman, Board of Trustees, PDP (right) Governor Oserheimen Osunbor, (middle) and his wife, Lady Ussieh Osunbor, during the visit of Chief Obasanjo to Edo State last Friday. Photo: GABRIEL ASIKA.


Nigeria not in top 10 C’wealth’s ICT pilot projects - Report

ABUJA - None of the telecommunications and ICT companies in Nigeria was listed in the 10 ‘winning’ ICT pilot projects of the Commonwealth Telecommunications Organization (CTO)for rural connectivity this year.

Dr Adegbite canvasses Hajj by sea

ABEOKUTA - Dr Abdul-Lateef Adegbite, the Secretary-General of the Nigeria Supreme Council for Islamic Affairs, has advocated travelling to hajj by sea in luxury ships.
Sports

Ahead Tomorrow’s FIFA World Cup Draws:Nigerians Already Apprehensive

Heskey Open To Liverpool Return

Chukwumerije Slams Sports Commission

Chess Coach Show Of Shame In Benin

Arsenal In Turkey To Play Fenerbahce

Amokachi Laments Obafemi’s Injuries

Redknapp Rotation Won’t Daze Utaka

Champions League:Celtic Storm Old Trafford For Man Utd

Juventus Face Real In Turin

Terry-Right To Miss England

Erico, Chukwu Disagree Over Eagles Rating

Drogba Probed Over Vidic Punch Claim

Battersea Boxer Out Of Coma

Business

Closure Of Apapa- Oshodi Expressway Will Affect Port Activities -Group

Lagos -Chief Remi Ogungbemi, President of the Association of Maritime Truck Owners (AMARTO), has said that the closure of the Apapa-Oshodi Expressway by the Lagos state government will affect operations at the Lagos ports as the closure of Lagos port activities.

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Ebong Explains Suspension Of Union Bank Offer

LAGOS - The Group Managing Director of Union Bank of Nigeria (UBN) Plc, Dr. Bartholomen, has explained that the current Bearish Trend in the Nigerian Stock Exchange (NSE) and the global economic crises, has necessitated the temporary suspension of its intended N3l0 billion Public offer.


Delta Govt Unveils New Micro Credit Scheme

Asaba - The Delta Government in collaboration with the Central Bank of Nigeria (CBN) and Oceanic Bank Plc has unveiled the Delta Oceanic Micro-Credit Scheme Account (DOMSA).

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14bn Earmarked To Solve Food Crisis

Abuja - An estimated additional global public investment of 14 billion dollars (about N1.6 trillion) per annum is required to overcome food crisis and meet MDG 1 of halving poverty and hunger by 2015.

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Shell Set To Repair Damaged Pipeline

Port Harcourt - The Shell Petroleum Development Company says it is getting set to repair the damaged sections the trans Niger pipeline at K-dere and Bodo in Gokana local government areas of Rivers state.
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LG Seeks Review Of MOU With Exxon Mobil

om) - Esit-Eket Local Government Area of Akwa Ibom has called on ExxonMobil, an American oil company operating in the area, to review it Memorandum of Understanding (MOU) with the host communities.
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Enugu Approves N440M For New Taxi System

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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Nutritional Health & Dietetics

kidney Diseases (6)

By O. C. MADU
kidney diseases chemical Nephrosis – may be caused by certain m
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.

Thoughts & Tips

Let’s Plan Better Future For Nigerians

By MONDAY ESON

As much as we recognize the disaster caused on the dwellers in the Niger-Delta region of Nigeria from petroleum exploration, we also agree that there has been many years of neglect to control these hazards as a result of the unsettled atmosphere, especially in the government . But now that aspect has been taken care of as we all have combined to achieve the need for a civilian government.

 
Issues On Development

Introduction Of Traffic Light In Benin City

Eranga Omo-Ehiabhi Isaac

The recent face-lift given to Benin City through the installation of traffic lights in major roads of Benin City, has attracted a lot of admiration from the urban dwellers. This was part of the electioneering promises made by the executive governor of Edo State – Professor Oserheimen Osunbor during his electioneering campaign.

Editorial

CLOSURE OF PATENT MEDICINE STORES IN EDO

SINCE the inception of the Prof. Oserheimen Osunbor-led administration in May 2007, over 120 Patent Medicine and Pharmacy Stores in Edo State have been reportedly hammered, for either failing to meet the prescribed standards or operating outside the frame work of the law regulating the Pharmacy Profession.

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.