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Nigeria Masterweb

Investment Forum

Mutual Funds Operations In Nigeria

 

today, as a continuation of last week’s edition on mutual funds, we are going to look at some mutual funds that are in operation in Nigeria.
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International

Obama Ahead Or Tied In 8 Key States

 

WASHINGTON – Barack Obama, gunning for a national landslide, now leads in four states won by President Bush in 2004 and is essentially tied with John McCain in two other Republican red states, according to new AP-GfK battleground polling.

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N. Korea’s Kim Suffers ‘Serious’ Setback

SEOUL – South Korean intelligence indicates that ailing North Korean leader Kim Jong Il suffered a serious health setback, a newspaper reported Wednesday, while the latest undated video released shows him touring the communist country.

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Pakistani Quake Leaves 150 Dead

QUETTA– A strong earthquake struck before dawn Wednesday in southwestern Pakistan, killing at least 150 people, injuring scores more and leaving an estimated 15,000 homeless, officials said.

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Earth On Course For Eco ‘Crunch’

LONDON-The planet is headed for an ecological “credit crunch”, according to a report issued by conservation groups.
The document contends that our demands on natural resources overreach what the Earth can sustain by almost a third.
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UN Chief Urges Mugabe To Resolve Zimbabwe’s Crisis

MANILA– The political crisis in Zimbabwe has lasted far too long and President Robert Mugabe must resolve the power-sharing impasse, U.N. Secretary-General Ban Ki-moon said Wednesday.
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US Accuses Sudan Of Duplicity In Darfur

UNITED NATIONS – Sudan has violated an embargo on arms transfers to its war-torn Darfur region and disguised planes to look like U.N. humanitarian aircraft, the U.S. envoy to the United Nations said on Tuesday.

 

 

Cabinet Reshuffle: Yar’Adua sacks 20 ministers

By JAMES TAKPE

ABUJA ––President Umaru Musa Yar’ Adua yesterday relieved 20 ministers of their appointments.

Return to site, EDSG orders road contractors

By THOMPSON ERHOMONSELE

BENIN CITY –– Edo State Government has mandated all contractors handling road projects in the state to return to site particularly as the dry season is gradually setting in.

 


Demotion: Ribadu sues PSC, others

LAGOS- Former EFCC Chairman, Malam Nuhu Ribadu, yesterday asked the Federal High Court in Lagos to stop the Police Service Commission from deploying him as a Deputy Commissioner of Police (DCP)

Osunbor lauds FAAC sub-c’ttee

By THOMPSON ERHOMONSELE

BENIN CITY ––Edo State Governor, Prof. Oserheimen Osunbor has advised and encouraged the Federation Account Allocation Committee (FAAC) Post Mortem Sub-Committee of the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC), to continue its good work for the benefit of Nigerians who he says also appreciate FAAC’s effort.


Alleged Murder By Policeman: Law firm petitions EDHA

By FRIDAY OBANOR/ ANASODU IFYINWA
BENIN CITY- Edo State House of Assembly is in receipt of a petition from the law firm of Ogbebor & Co, requesting the Parliament to wade into the gruesome murder of one late Mr. Ikponmwosa Obasuyi, who was killed by a “trigger happy Mobile Police man on Sunday, October 5, 2008.

IPMAN Crisis: Court adjourns ruling

By ROLAND OSAKUE

BENIN CITY- A Benin High Court has adjourned ruling till Monday next week, on an application on whether it is competent to hear a suit involving the two factions of the Midwestern Zone of the Independent Petroleum Marketers Associations of Nigeria, (IPMAN).


5-man gang raids Auchi Poly cash office

By Morrison Hayble


AUCHI – A 5- man gang of three males and two females at exactly 2pm yesterday, invaded the cash office of Auchi Polytechnic, and carted away a yet-to-be estimated amount of money. The incident caused panic and pandemonium in the academic community, as staff and students scampered for safety as the robbers shot sporadically into the air.
Other News
Inside Edo

Ehima Assures Youths On Empowerment

Ikpoba-Okha Dep-Leader wants FG to fund LGs properly

Drivers’ Union urged to partner with govt

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National

Amaechi Demands Revenue On Gas Proceeds From FG

Nigeria Lends Support To UN Resolution On Arms

Jos Residents Rush For Voluntary HIV Test

Bakassi: FG Reiterates Commitment To World Peace, Security

Plateau laments Loss Of Tourism Fame

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Tourism

Nigeria, Sao Tome And Principe Set To Promote Tourism, Fisheries

By AZUBUIKE ONOWU (NAN)
Nigeria and Sao Tome and Principe (STP) signed an economic treaty in February 2001 for a Joint Development Zone (JDZ). The JDZ is reputed to- be the on1y functional zone in Africa and one of the few- active ones in the world.
Issues

Spain’s Expo Zaragoza And lessons For Nigeria

By GRACE YUSSUF (NAN)

For three months between June 14 and September 14, the Spanish government treated the world to one of the best organised trade fairs in modern history.
Living

Stop Lying!

With Queenet Aikhionbare
Most of us have found ourselves in this kind of situation, at one point or the other. Your mother asks you why you came home late, and you start looking for excuses to give with long funny tales.

COURTESY VISIT:Edo State Governor, Prof. Oserheimen Osunbor (left) and Chief John Mankilik, Chairman, Federation Account Allocation Committee (FAAC), Post-mortem Sub-Committee, during a courtesy visit to Government House, Benin City yesterday. Photo: LUCKY AGIE.


Increase Fed Allocation to Edo State, Oba appeals

By MONDAY OISE/JULIA OMORODION/RABI USMAN
BENIN CITY -The Benin Monarch, His Royal Majesty, Omo N’Oba N’Edo Uku Akpolokpolo, Oba Erediauwa has called for an increase in the federal allocation to Edo State, saying this will create enough funds capable of improving the state in all spheres..

Oredo boss leads C’ttee on FADAMA

BENIN CITY –-In pursuance of the greater realisation of the objectives of the World Bank sponsored Fadama III Agriculture Programme in Oredo Local Government Area, the Council Chairman, Hon. Mike Nosa-Ehima, has been chosen to lead the Local Technical Committee in the locality.

ABUJA- The Minister of Commerce and Industry, Mr. Charles Ugwuh, said in Abuja that the telecommunications market would recoup 10 billion dollars by 2010.


Expert Advocates Holistic Approach To Housing

LAGOS- Mr. Segun Ajanlekoko, Regional President for Africa, Commonwealth Association of Surveying and Land Economy (CASLE), has advocated a holistic approach to the provision of housing for Nigerians.

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CBN Sells $857m Foreign Exchange

LAGOS- A total of 857 million dollars was sold at the official foreign exchange market last week.

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NCS Impounds N27.2b Contraband

ABUJA-The Nigeria Customs Service (NCS) has said it impounded contraband with Duty Paid Value (DPV) worth N27.2 billion between 2005 and last year..
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Virgin Nigeria Names New CCO

LAGOS-The country’s private sector flag carrier, Virgin Nigeria, says Dapo Olumide has joined the company as Chief Commercial Officer with responsibilities for Sales and Distribution, Commercial Planning, and Outstations.
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Kwara To Complete Cargo Airport Dec

By OLAPEJU OLUBI
LAGOS - Following efforts made by the governor of Kwara State, Bukola Saraki to start a cargo airport at the Ilorin Airport, the governor has notified that his management was almost through on the project which he said would be completed by December.
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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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Health

Regulatory Standards On Herbal Preparations

By PHARM (MRS.) HAUWA J. KERI
In the price of licensing, NAFDAC is concerned mainly with the regulation and control of labeled package products or finished herbal medicines in this case.
Natural Medicine

Good Food: Good Health

By RUTH AKAERU
Have you ever wondered about the nutritional Values of what you eat and its effects in your daily life? It has been proven by documented reports that most Nigerians eat food, but they are totally ignorant of its nutritional values specially the poor and average individuals.

Issues

The Problem Of Nigeria Is That Of Leadership

By JOE ARAIRUN

The word so far so good has become a common cliché in our national parlance owing to the regularity or frequency of its usage. The word, “so far”, relates to a period during which time we look back in retrospect, then objectively and critically analyze or appraise the results or outcomes of our struggles or efforts, to match the resources, efforts and time expended with the end- results.

 
Viewpoint

Uromi: Our Blessed Home

By SYLVERSTER ORIABURE

Ever since I can remember, Uromi used to be a beehive of activities with Inhabitants of neighbouring towns and villages taking advantage of this busy environment to shop, socialize, make repairs of all sorts, and even board taxis to such more developed cities as Benin, Lagos, Ibadan etc. My thinking as a little boy was that Uromi would soon blossom to the status of such places like aforementioned.

Editorial

Trial Of Mutinous Soldiers

THE military in any country is made up of members of the Armed forces, which include the Army, Navy and Airforce. Their traditionally assigned role, is the defense of their nation’s sovereignty and territorial integrity against external aggression.

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

Yes
No
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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?