Published Since May 29, 1968
 
   
Search this Site

Nigeria Masterweb

Investment Forum

Learn From Mr Osasogie

By AMADASUN ESE
Last week, I featured a story of James, a furniture maker in Benin City, whose investment of N10,000 in First Bank shares, made him a millionaire. As a result, my phone has been bombarded with questions ranging from how to invest, which stock to buy, about stockbroking firm etc.
Full Story

International

South Africa Ponders Life After Mbeki

 

South Africa’s political landscape is changing faster than anyone anticipated.

Full Story

Deal Close On 700 Billion Dollar Financial Bailout Plan

WASHINGTON - President Bush is bringing presidential candidates Barack Obama and John McCain into negotiations on a $700 billion rescue of Wall Street as Democrats and Republicans near agreement on a bailout plan with more protections for taxpayers and new help for distressed homeowners.

Full Story

Pakistan Leader: Citizens Must Support Terror War

ISLAMABAD - Pakistan’s new president said he was trying to convince his country to support the war against Islamic extremists, after a group that claimed responsibility for the Marriott Hotel bombing threatened more attacks.

Full Story

Egypt Says Kidnappers Demand 6 Million Euros From Germany

CAIRO - Bandits who kidnapped 19 tourists and Egyptians in the desert have asked for Germany to be responsible for paying a ransom of six million euros (8.8 million dollars), an Egyptian security official said on Thursday
Full Story

More Global Recalls From China Tainted Milk Crisis

UNITED NATIONS - Iran’s president addressed the U.N. General Assembly Tuesday declaring that “the American empire” is nearing collapse and should end its military involvement in other countries.
Full Story

Japan’s New PM Vows To Revive Ailing Economy

TOKYO - Outspoken conservative Taro Aso took power as Japan’s prime minister yesterday promising “emergency measures” to revive the ailing economy and vowing to keep Tokyo in the fight against global terrorism.

 

 

Edo Guber Election: Appeal Court begins hearing

By THOMPSON ERHOMONSELE/AUGUSTINA OMORUYI

BENIN CITY –– Six months after the Edo State election Petition Tribunal nullified the election of Governor Oserhiemen Osunbor, the Appeal subsequently filed by the state government, the Peoples Democratic Party (PDP) and the Independent National Electoral Commission (INEC), yesterday commenced at the Federal Court of Appeal sitting in Benin City.

Court dismisses ANPP appeal in Oyo

IBADAN - The Court of Appeal yesterday dismissed the appeal filed by Chief Isiaka Ajimobi, the All Nigeria Peoples party, (ANPP) Governorship Candidate in Oyo State, for non-compliance with the court’s rules. Ajimobi went to the appellate court to upturn the judgment of the Election Petitions

 


Motlanthe emerges President of South Africa

CAPE TOWN - South African Parliament yesterday elected Kgalema Motlanthe, a former trade unionist as South African president.

Activities marking 48th Independence kicks-off today

BENIN CITY-Activities marking Nigeria’s 48th Independence Anniversary will kick off today in Edo State with a Jumat service at the Central Mosque, Igun Street, Benin City at 1.30pm.


Speak with one voice, Oba urges Benins

BENIN CITY – For effective co-ordination and unity, the Oba of Benin has enjoined the Benin people both at home and in diaspora, to always speak with one voice at all times irrespective of their political affiliation.

Bursary: EDSG presents N30m cheque to tertiary schools

 

BENIN CITY- The state government has presented cheque valued at over thirty million Naria as bursary award to final year students of Edo State origin in three tertiary institutions in the state.


Ravaging flood: Oredo legislative arm expresses concern

BENIN CITY - The Legislative Arm of Oredo Local Government Council, has viewed with serious concern, the destruction of property worth million of naira by ravaging flood that swept through parts of Benin City last Sunday, which recorded two deaths and scores of wounded persons.
Other News
Inside Edo

BNC appeals to FG on Benin antifacts

EDHA insists on relocation of Ogbebor Sawmill

Jail Break Due To Staff Shortage - PRO

More...

National

Ex-Council Boss, 2 Others To Refund N1.3m

Police Parade Ritualist

Oath: We’ve Not Gagged Anybody
- Presidency

Revocation: Dokubo Tasks Gov Akpabio Over N1.5b Hotel

Constitutional Review On Course -Senator

More...

Gender Issues

Ensuring Legislature/Executive Harmony In Ekiti State

By Ebiwonjumi Ikijuni (NAN)
For many observers, the out-come of the 2007 state assembly election in Ekiti State should be a case study for measuring the level of political tolerance and democratic culture in the country.
Living

Bottom Power?

By Queenneth Aikhionbare
Recently, I attended a gender initiative sensitization worshop. The focus of this awareness workshop was on gender equality and women empowerment.

APPEAL COURT SITTING: Edo State Governor, Prof. Oserheimen Osunbor (left) in a handshake with Efe Akpofure (right) while Kanu Agabi and Roland Otaru (2nd right and left) all Senior Advocates of Nigeria (SAN) and counsel to the Governor, INEC and PDP at the commencement of sitting of the Appeal Court in Benin City yesterday. Photo: GABRIEL ASIKA.


Ministry reintroduces quiz competition

BENIN CITY- As part of measures to raise the standard of education in Edo State, the state Ministry of Basic Education has concluded plans to re-introduce the popular quiz competition among public junior secondary schools across the state.

EDSG bars 3 pools promoters

 By KEN ABU
BENIN CITY-Owing to indebtedness to Edo State Government, three pools promoters have been barred by the state government from undertaking pools betting this week.

LONDON- Governor of the Central Bank of Nigeria (CBN), Professor Chukwuma Soludo has disclosed that local Nigerian banks are on the threshold of becoming the dominant financial players in the African continent.


Zain Capital Hits $4.49bn

LAGOS- Zain Group, the leading mobile telecom operator in the Middle East and Africa, announces the successful completion of its capital increase raising US$4.49 billion (KWD1.2 billion) with 99 per cent of all shareholders subscribing.

Full Story

Finance Minister Reassures Investors

ABUJA- The Minister of Finance, Dr Shamsuddeen Usman has reassured the Nigerian investing public that the economy is largely insulated from the global stock market meltdown driven primarily by worsening economic conditions of the Group of seven (G7) countries.

Full Story


Nigerians Rush For Etisalat Special Number

ABUJA-The Consumer Unity and Trust Society (CUTS) has called for the removal of obstacles impeding national trade competitions in Nigeria.
Full Story

Ebong Recommends PPP For Infrastructure Development

LAGOS - The Group Managing Director/Chief Executive of Union Bank of Nigeria PLC, Dr. Barth Ebong, has called on the various tiers of government to adopt the Public-Private-Partnership (PPP) on a massive scale as a way of alleviating the infrastructure deficit in the country.
Full Story

First Inland Bank Boosts Employee Productivity

Lagos - First Inland Bank has announced the adoption of Microsoft Exchange Server 2007 as part of its commitment to simplifying the work process and increasing productivity.
Full Story

NB Plc Declares N7.6b Interim Dividend

Lagos - Nigerian Breweries Plc has declared an interim dividend of N7, 562,562,340, that is N1.00 per ordinary share of 50 kobo each in the share capital of the Company.

View Point

Lessons From Mr Isaias Samakuva

By CASSIUS LAMAI

The recent election in Angola and its results have called for a lesson from all and sundry. The Angola opposition party, the National Union of the Total Independence of Angola. (UNITA) leader Isaias Samakuva, surprised the whole world when he accepted the results of the recent election held in the country.

 
Focus

Bracing Up To The Challenges Of Current Food Crisis

By JOE ARAIRUN

The three basic necessities of life are food, clothing and Shelter. Of these necessities, food is the most critical as it supports life, being as it were, the fuel of life. The almighty God at creation gave man plant (herbs) (Gen; l;29, Ezekiel 47:12) as a source of Food and medicine; for these plants have healing properties being rich in vitamins and minerals.

Editorial

Conserving Our Forest Resources

THE problem of biological diversity (Biodiversity) and sustainable development has been a problem over the years which nations of the world have tried to grapple with.

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

Yes
No
Note Sure

OKUTA (LAST -O-)

THE MAN WITH 86 WIVES STILL IN DETENTION
. . . Wives and children protest - News

 


Okay now!
Them fit release am for them. Na the wives know wetin them dey gain

inside - o