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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.
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International

Bush Confident Bail Out Bill Will Stabilise Economy

 

WASHINGTON - Key supporters of a Wall Street bailout package prodded lawmakers to approve the plan hours ahead of a difficult House vote yesterday, with President Bush saying it is needed to “keep the crisis in our financial system from spreading throughout our economy.”

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Obama Inches Ahead In Tight Race

New York - Barack Obama has picked up steam. Over the past two weeks he’s seen a small but steady rise in the polls. Immediately after the Republican Convention, the Illinois senator trailed his rival John McCain by three points in the various daily tracking polls. Senator Obama is now up by as many as six or seven points.

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UN Nuclear Inspector Urges More Openness From Iran

HARARE- Zimbabwe’s Prime Minister designate Morgan Tsvangirai said Saturday that a new power-sharing government must be formed within days to avert a humanitarian crisis.

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US Destroyer Monitoring hijacked Ship Off Somalia

MOGADISHU - A heavily armed U.S. destroyer was stationed off the coast of Somalia on Sunday, making sure that pirates there don’t remove tanks, ammunition and other heavy weapons from a hijacked Ukrainian cargo ship.
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Finland Mourns Victims Of School Shooting

HELSINKI - Finns at Sunday church services mourned the victims of a school massacre in which a lone gunman killed nine fellow students and a teacher before shooting himself.
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Austrians Vote In Early Election

VIENNA - Austrians were voting in parliamentary elections yesterday that analysts say could bolster the standing of the country’s far-right and give the main ruling parties their worst results in years.

 

 

Gov Osunbor lauds rapport between EDSG, Muslims

By THOMPSON ERHOMONSELE/ MONDAY OISE

BENIN CITY ––The Governor of Edo State, Prof. Oserheimen Osunbor has lauded the cordial relationship between his administration and Muslim community in the state, saying the support, prayers and goodwill he has received have contributed to the success of the present administration.

Muslims mark Eid-El-Fitri with prayers

By KEN ABU

BENIN CITY - Activities to mark the end of the 30-day Ramadan fast were observed yesterday at the Ikpoba slope Muslim prayer ground when the Chief Imam of Benin, Alhaji Abdul Fatai Enabulele offered prayers for Muslim faithful in Benin City in celebration of the Eid-El-Fitri.

 


Nigeria pledges support for Ghana’s polls

Abuja – Mr. Musiliu Obanikoro, Nigeria’s High Commissioner to Ghana , has pledged the country’s readiness to ensure free and fair election in Ghana.

Malaria may affect Nigeria’s realisationof MDGS - World Bank

ABUJA - World Bank Group President, Robert Zoellick says malaria may impede Nigeria ‘s drive to realising the Millennium Development Goals (MDGs) by 2015.


Gas flaring: Nigeria loses 2.5 billion cubic metres daily

OWERRI - Senator Osita Izunaso, Chairman House Committee on Oil and Gas, has observed that the country is losing about 2.5 billion standard cubic metres of gas daily to flaring.

Industrial nations boost climate funds with N713 billion

 

Abuja - Leading industrialised nations have pledged more than N713 billion (about 6.1 billion dollars) to the Climate Investment Funds (CIF), says a statement issued yesterday by the World Bank.


Delta group rejects INEC’s delineation

BENIN CITY – A group of Deltans from Delta North Senatorial District, resident in Ekpoma, Edo State, under the aegis of Delta North Forum, has rejected the proposed delineation by INEC, of state electoral constituencies in Delta State..
Other News
Inside Edo

Chief Imam appeals to Oba of Benin

Esan S-East LG boss boosts electricity

Sanitation Monitoring Unit begins evaluation exercise

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National

Task Force Arrests 17 Touts In Airport

I-G, A-G Do Not Interfere In EFCC Work-Waziri

NAFDAC Destroys N14m Drugs In Kaduna

Falae Condemns Creation Of Niger Delta Ministry

NDLEA Intercepts 582 kg Of Indian Hemp

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Energy

Harnessing Nigeria’s Gas Potential

By NATHAN NWAKAMMA (NAN)
Nigeria’s gas reserves are estimated at more than 168 trillion cubic feet (TCF), made up of 50 per cent each of associated and non-associated gases.
Agriculture

Restoring The Glory Of Nigerian Agriculture

By DAVID GORLEH (NAN)
The fact that a large proportion of Nigeria’s rural population depends on subsistence agriculture for survival is no news. But what is news and of great concern is the fact that 48 years after independence, the nation is still grappling with the challenges of food security.

EID-EL FITRI CELEBRATION:The Chief Imam of Benin Kingdom, Alhaji Abdul Fatai Ikponmwosa Enabulele, leading the prayers at the Ikpoba Slope prayer ground to mark this year’s Eid-El Fitri celebration yesterday. Photo: MOSES OBOH.


Service conditions for journalists: NUJ meets October 13,15

ENUGU - The Nigeria Union of Journalists (NUJ) will meet in Calabar between October 13 and October 15 to formulate conditions of service for journalists.

Oredo LG expresses concern over flood-havoc

BENIN CITY – Oredo Local Government Council has expressed concern over the destruction of property worth millions of Naira caused by the ravaging flood that swept through parts of Benin City recently recording at least two deaths and scores of wounded persons.

LAGOS: Access Bank Plc, Nigeria ’s 6th largest bank by assets has further consolidated its operations on the African continent with the opening of a full – fledged banking subsidiary in Zambia after fulfilling all regulatory requirements.


Agric Show To Address Food Scarcity, Finance-Adamu

ABUJA- Addressing the problem of food scarcity in Nigeria will be the focus of the National Agricultural Show 2008.

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Afribank Outlines Strategies To Sustain Growth

LAGOS - Shareholders of Afribank Nigeria Plc celebrated a good financial year with praises for the Board and Management for the high level of efficiency, good returns and rewards declared by the Bank during its 2007/2008 financial year which ended March 31st, 2008.

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We Will Sanitize Banking Sector -NDIC

Recently the Nigerian Deposit Insurance Corporation (NDIC) embarked on capacity building of its in-house lawyers to facilitate quick debt recovery. In this interview with Financial Journalists, the Managing Director/Chief Executive of the Corporation, Alhaji Ganiyu Ogunleye bares his mind on the benefits of the training and other various measures to sanitize the banking sector. EXCERPTS…
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Mortgage Banks Target Informal Sector

ABUJA- The Federal Mortgage Bank of Nigeria (FMBN) has said its new mortgage policy is targeted at the non-salaried informal sector.
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NLC Advises Imo Govt On Tax

OWERRI- NLC has advised Imo against imposing heavy taxes on the proposed 15 per cent salary increase for workers in the state.
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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.

Thoughts & Tips

Happy Independence Anniversary

By MONDAY ESON

The coming of October 1, every year marks yet another glorious dawn in the history of our dear nation, Nigeria.

 
Issues On Development

The Social Contract Theory And Development

By Eranga Omo-Ehiabhi Isaac

The social contract theory is a purveyor of development. The developmental projects carried out by the government is anchored on the social contract binding the citizens and the state of which, the government is the agent. The development projects embarked upon by the government are part of the social contract agreement and so must be implemented.

Editorial

Re-Designing Benin City Drainage System

ONE of the policy thrusts of the Prof. Oserheimen Osunbor-led administration in Edo State, is infrastructural development, rooted in the beautification of the capital city and rehabilitation and construction of roads in the three senatorial districts of the state.

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

Yes
No
Note Sure

OKUTA (LAST -O-)

LULU, timid and incompetent
-Senate committee

 


We don hear!
But wetin e still dey do there then? Until our football die finish, abi?