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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

56 Killed In Indian Blasts

 

GAUHATI - A series of coordinated blasts tore through India’s volatile northeast on Thursday, killing at least 56 people, wounding more than 300 and setting police on a frantic search for any unexploded bombs, officials said.

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UN: 9 Dead In Congo Violence

GOMA – Congolese soldiers killed at least nine people and looted homes and stores in overnight violence that terrorized residents of this eastern provincial capital besieged by rebels, according to U.N. radio.

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Cuba Expects New US President To Lift Embargo

UNITED NATIONS – Cuba’s foreign minister says his government expects the next U.S. president to respond to overwhelming international demand and lift the 47-year-old U.S. trade embargo against Cuba.

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China Sends Officials To Handle Sudan Hostage Crisis

BEIJING – China sent a team of officials to Sudan yesterday to seek the release of kidnapped oil workers in the disputed aftermath of rescue efforts after four Chinese hostages were killed.
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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.

 

 

Don’t be distracted, Osunbor tells pol appointees

By THOMPSON ERHOMONSELE/ ANDY EGBON

BENIN CITY ––Edo State Governor, Prof. Oserheimen Osunbor yesterday in Benin City declared open a two-day workshop organised for public servants by the state government and urged the participants to be politically alive to their responsibilities and not to be distracted by false propaganda of the opposition.

Senate approves suppl budget

ABUJA The Senate has approved the N683.3 billion supplementary budget presented to it by President Umaru Yar’Adua.

 


N3.6b scam: Ex-Gov urges court to quash charges

ABUJA -The former governor of Abia State, Chief Orji Uzor Kalu has urged a Federal High Court sitting in Abuja to quash the charges of N3.6 billion scam brought against him by the EFCC.

Edo Speaker advises secs to LGs

By FRIDAY OBANOR

BENIN CITY- Speaker, Edo State House of Assembly, Rt Hon. Zakawanu Garuba has reiterated Parliament determination to ensure that what it envisaged while creating the office of the Secretary to Local Government Council in the Local Government law is not misplaced.

Abandonment Of Projects: EDHA committee invites EDSOGPADEC contractors

By FRIDAY OBANOR
UGHOTON – The Ad-Hoc Committee set up by the Edo State House of Assembly to investigate and verify projects so far executed by the State Oil and Gas Producing Area Development Commission (EDSOGPADEC) has invited the contractors handling Egbokor Primary School in Orhionmwon and Obagie Nokaen Ekpo Health Centre projects in Ikpoba/Okha Local Government Area, to explain why they have abandoned the projects, having collected mobilisation.

Oil Communities Protest To Senate Over Neglect

By JOSES SEDE

ABUJA –Seemingly recalcitrant attitudes of oil producing firms towards developing their host communities in the Niger Delta region re-echoed Wednesday at the National Assembly, when Mbo youths from Akwa-Ibom state called for intervention of the Senate.

Nigeria Beneficiaries Hinder Security
Council - Wali

By JOSES SEDE


ABUJA – Grounds for Nigeria’s quest for permanent seat at the United Nations Security Council appeared laced with mines as the country’s former envoy to the world umbrella body, Ambassador Aminu Wali accused some African countries of working underground against the interest.
Other News
Inside Edo

Ehima Seeks Partnership To Transform Locality

Oredo LG boss commissions borehole

EDSG gives nod to 20 pools promoters

National

Ignorance Identified As Bane Of Public
Sector Reform

Court Awards N10,000 Cost Against Plaintiff

Eye Glass Business Booms In Yobe

Policemen Arrested Over Unregistered
Motorcylces In Bauchi

Senate Pledges More Roads

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.

workshop: Edo State Deputy Governor, Mr. Lucky Imasuen (left) and Dr. Samuel Osaigbovo Ogbemudia, National leader of PDP at a re-orientation workshop organised for political office holders in Benin City. Photo: JAMES OMOREBOKHAI.

Senate To Set To Combat Cyber Crimes

By JOSES SEDE
ABUJA – A Bill for an Act to prohibit electronic fraud in all electronic transactions in Nigeria and for other related matters passed its Second Reading at the Senate Wednesday and was referred to its committee on Judiciary, Human Rights and Legal Matters for further action and report back in two weeks.

Ambassadorial Slots: Ekiti Protest Marginalisation

By JOSES SEDE
Ekiti – Ekiti State on Wednesday, protested allotment of one slot out of about ninety ambassadorial postings of the federal government and called for improvement.
Sports

Flamingoes Off To Winning Start

Kanu, Yakubu For Colombia Friendly

Shortlists For FIFA Awards Revealed

U-17 Hosting: Minister Explains U-Turn

Low Staff Pay:: Mayor Presses PL Clubs

Starved Adebayor Says Arsenal Need To Get Hungry

Ferguson Distances Self From QPR Role

Premier league-Ronaldo: I Made Right Choice

Atletico Madrid Host Liverpool

Amokachi: Tunisia Our Toughest Test

El-Merreikh Sign Worgu

Akwa Retain Uwua

Battersea Boxer Out Of Coma

Business

SON Intercepts 60 Trucks Of Sub-Standard Goods

LAGOS - The Standards Organisation of Nigeria (SON), has through a tip-off, trailed 60 truck loads of sub-standard products which found their way into Lagos, through the Idi-roko border to ASPAMDA Market, a popular spare parts market situated at the Lagos International Trade Fair Complex.

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Oyo Signs $400m IPP Project With ENTEC

By ABIODUN AFOLABI

IBADAN - Oyo State government on Wednesday signed a Memorandum of Understanding[MOU] with ENTEC Power and Utilities for the establishment of 250 MegaWatt on Independent Power Project at an estimated cost of 400 million dollars.

Lagos Reiterates Resolve To Partner With Private Sector

LAGOS -The Lagos State government has reiterated its readiness to partner with the private sector in the effort to provide infrastructural facilities in different parts of the state.

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Omatek Provides 350 Laptops To Lagos Workers

LAGOS -Omatek Computers, an indigenous computer firm, is to provide 350 laptops to some Lagos State civil servants.
The commencement of the distribution started at the Lagos State secretariat on Tuesday.

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Ibru Wants SME Banks

Mr. Goodie Ibru, has called for the setting-up of Small and Medium Enterprises (SMEs) banks to take care of funding of medium scale industries in the country.
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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.

Right To Reply

The Difference Between Mimiko And Oshiomhole

By Comrade Friday Omosigho

Dr. Olusegun Mimiko, is the Labour Party (LP) gubernatorial candidate in Ondo State. However, before he transformed into Labour Party flag bearer, he was Secretary to the Government of Ondo State under the leadership of Governor Olusegun Agagu.

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Art And Culture

Culture Of Art And Imagination

With AMBROSE .0. EKHOSUEHI

Culture of Art and Imagination is a living tradition and its art inspiration derives from traditional models employing new techniques and materials, eclipsed in popular mind by mass produced artifacts.

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Editorial

Benin Anglican Communion Crisis

THE authorities of the Church of Nigeria, Anglican Communion, Benin Diocese, recently ordered the immediate closure of the Revd. William Payne Memorial Church, Upper Mission, in Benin City, in order to forestall the looming breakdown of law and order resulting from the ethnic feud rocking the church.aggression.

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

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?

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