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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.

 

 

FG okays two housing estates for Edo

BY MONDAY OISE

BENIN CITY - The Governor of Edo State, Prof. Oserheimen Osunbor has expressed appreciation to the Federal Government for the approval of five housing estates for the country through the Private Public Partnership (PPP) agreement, of which two came to Edo State.

Graduate Unemployment Scheme: EDSG calls for applications

BY MIKE OSAROGIAGBON

BENIN CITY- Edo State Government in conjunction with Ritestep Consultancy Service Ltd, had requested application from interested un-employed graduates who wish to be trained and mobilized to start businesses of their own.

 



No autonomous community in Benin Kingdom

BENIN CITY- Five “self imposed” community leaders from Obagie Nunuamen community in Orhionwon Local Government Area of Edo State, are currently helping security agents in Edo State to unravel reasons and persons behind a reported secession of the community from the traditional Orogho Dukedom in Benin –kingdom.

Partner with Gov Osunbor, LGs urged

BY CLIFFORD AGBAJOR

UVBENISI- The Chief Of Staff, Edo State, Hon. Isaiah Osifo, has stressed the need for local government councils in the state to partner with the Osunbor-led administration with a view to opening up more rural communities to provide employment, increase income and, reduce crime.


Gov Osunbor predicts brighter future for democracy

ABUJA- The Governor of Edo State, Prof. Senator Oserheimen Osunbor has said that the nation’s democracy will improve with time as more quality people come into politics.

Crime wave: AIG Zone 5 devises new security measures

By MIKE OSAROGIAGBON

BENIN CITY – Disturbed by the up-swing in high profile crimes witnessed in Benin City, the Assistant Inspector-General of Police (AIG), zone ‘5’ Mr. Suleman Fakai has said that intelligence arrangements have been concluded to reshape security of the state as police presence will henceforth be felt at all nooks and crannies of the state capital.


NBA president frowns at power of Appeal Court president


IBADAN The President of the Nigerian Bar Association (NBA), Mr. Oluwarotimi Akeredolu (SAN), has said that the concentration of powers in the President of the Court of Appeal can lead to a delay in justice delivery.
Other News
Inside Edo

Ikpoba-Okha LG boss promises bore-hole for Obe community

Speaker bags award

Oredo LG chairman receives plaque of honour

National

SMEDAN Patners With Engineers

DG Wants Heritage Preservation Centre Established In Nigeria

Don Seeks Eradication Of Illiteracy

Weather: NIMET Cautions Airline Operators

Kano Plans Own Power Plant
..Demands Another Mega Station

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: Governor Oserheimen Osunbor, (right) welcoming the newly appointed Assistant Inspector-General of Police Zone 5, Mr. Suleman Fakai, during a courtesy visit to Government House, Benin City. Photo: LUCKY AGIE.


NCCE harmonises NCE minimum academic standards

ABUJA - The National Commission for Colleges of Education (NCCE) has completed the harmonisation of National Certificate of Education (NCE) Minimum Academic Standards with the nine-year basic education curriculum. .

Nig Comsat Digital Platform For Broadcast Stations Ready Dec. - Rufai

ABUJA - The Nigeria Communications Satellite (NigComSat) digital infrastructure for broadcast stations would be ready by December, the company’s Managing Director, Alhaji Ahmed Rufai, has said in Abuja. Rufai told newsmen that the digital platform would provide capacity for broadcast stations in the country and elsewhere to expand their services.
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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Encounter

How Parents ‘Kill’ Their Daughters For Comfortable Lives - Iyoha

Though, the vice is as old as creation, the new dimension female prostitution now assumes especially in foreign lands amongst Nigerians has become a source of worry to government and Nigerians in Diaspora.


This must have informed the decision of the president of African Community residence in Spain, Prince Kennedy Iyoha, to initiate moves towards curbing this menace.
The Edo-born prince in his encounter with THE NIGERIAN OBSERVER speaks on the recent trend and upsurge in female trafficking and prostitution especially amongst Nigerian girls in Europe and how government could tackle it.
He speaks to James Takpe, Monday Oise, Rabi Usman and Usino Anita on other sundry issues.
Excerpts

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.

Assembly Watch

Why We Approved Year 2008 Supplementary Budget -EDHA

By FRIDAY OBANOR

Assembly has passed into law the year 2008 supplementary budget with a slight amendment in the initial figure submitted to the parliament by the State Governor, Professor Oserheimen Osunbor.

 
Incontrovertible Truth

The Fear Of The Inevitable -Death

With Godwin Ubiaru

The experience of seeing people die shows that man is mortal. This therefore informs man that the pleasures of this world of Gross Matter (earth) will not last forever. And even if it will, he himself will surely cease to exist on it one day.

Editorial

Nigeria 09 Vs Honesty

PRESIDENT Umar Musa Yar’ Adua last week rescinded his earlier decision to withdraw the hosting of the U -17 cadet world soccer championship, slated for October next year in Nigeria.

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?