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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

Gadafi Visits Belarus After Russian Trip

 

MINSK – Belarus President Alexander Lukashenko greeted visiting Libyan leader Moammar Gadhafi Sunday and said he hopes to boost ties between their countries. Gadhafi arrived in the capital Minsk after his first visit to post-Soviet Russia.

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Aid Convoy Delivers Medical Supplies In Congo

KIBATI – A 12-vehicle U.N. aid convoy set off yesterday to go behind rebel lines in eastern Congo, carrying medical supplies for clinics looted by retreating government troops. It was the first humanitarian aid delivery behind rebel lines since fighting broke out in August.

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Japan’s Obama Town Set To Party For US Namesake

OBAMA - Dancing, singing and playing the guitar, residents in the sleepy Japanese fishing port of Obama are readying to party for Barack Obama before Tuesday’s U.S. presidential election.

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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.

 

 

US Presidential Polls:Obama, McCain slug it out today

By SOLOMON ASOWATA WITH AGENCY REPORTS

WASHINGTON – Americans will today go to the polls to elect their next President with Democratic Party candidate, Senator Barack Obama largely favoured to win.

C’ttee on Egor mayhem submits report * Eribo cleared

By FRIDAY OBANOR

BENIN CITY ––Edo State House of Assembly has received the report of the Ad-Hoc Committee investigating the causes of the mayhem at Egor Local Government Council on Friday, October 5, 2008

 



Abolish indigenship - Onaiyekun

ABUJA - The Catholic Archbishop of Abuja, the Most. Rev. John Onaiyekan, says Nigeria can only achieve unity, if the issue of indigenship is abolished.

Lateness Commissioners, Perm Secs locked out

BAUCHI - Governor Isa Yuguda of Bauchi State yesterday locked out some commissioners, special advisers and permanent secretaries who came late to a retreat organised for them.


EDHA adopts motion to review PHC centres

By FRIDAY OBANOR
BENIN CITY – A motion calling for the review of the Local Government Primary Health Care Centres in Edo State towards a more operative Primary Health Care delivery, has been adopted by the State House of Assembly.

Pay parade for pensioners in distressed banks begins

By VICTOR OMOALU

BENIN CITY - The pay parade and payment for all pensioners receiving Federal share of pension through Community Bank and distressed/failed banks started yesterday, at the Edo State Pensions Board, 17A, Central Road, G.R.A, Benin City.


Have fear of God, Uduaghan tells Nigerians


BENIN CITY – Governor Emmanuel Uduaghan of Delta State has urged Nigerians to have the fear of God in all their dealings.
Other News
Inside Edo

UBTH Set To Upgrade Facilities ...Plans 35th Anniversary Celebration

SA Tasks Iguobazuwa Residents On Sanitation

LG Boss Inaugurates Road Maintenance Unit

National

Stakeholders urge more fight against corruption

Coordinator Appeals To Indian Hemp Farmers

Rivers Set To Empower Deep Sea Fishermen

NDDC Boss Wants interventionist Agencies Established

Ministerial Lists To Be Out Soon-Mark

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.

VISIT: Edo State Deputy Governor, Mr. Lucky Imasuen (left) receiving the Chairman, House of Representatives Committee on MDGs, Hon. Aribisala Adewale, during a visit to Government House, Benin City by members of the committee recently. Photo: JAMES OMOREBOKHAI.


Engineer Wants Nigerians To Go Into Agriculture

EFFURUN (DELTA) - Mr. Anthony Shobo, the country’s first chemical engineer, has called on Nigerians to get more involved in agriculture to ensure greater economic balance.

Rivers Govt Tasks APCON On Aesthetics Of P/Harcourt

PORT HARCOURT - Rivers Information Commissioner, Mr. Ogbonna Nwuke, has called on the Association of Advertising Practitioners of Nigeria (APCON) to join hands with government to restore the aesthetics beauty of the state capital.
Sports

FIFA Under 17 Women’s World Cup:Flamingoes Look To Mathematical Permutations

Amodu Dismisses Tunisia

1,250 Athletes Decamp In Edo

Fasuba Commends Ekiti Govt

Tunisia Target Nigerian Striker Eneramo

UEFA Champions League Match Day 4:FC Barcelona Try Basle For Size

Atletico In Anfield For Liverpool

As Roma Battle Chelsea

Yar’Adua Hails Okiro On Police Games

... Coach Confident Of Qualifying

El-Merreikh Sign Worgu

Akwa Retain Uwua

Battersea Boxer Out Of Coma

Business

Price Of Beans Crashes In Delta

ASABA - There has been a 10 per cent reduction in the price of beans in some major towns in Delta. According to a survey by newsmen in Asaba, the price of brown beans has dropped from N20,000 per 100kg bag to N18,000.

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PHCN Assures Nigerians Of Regular Power Supply

JOS - Nigerians will begin to enjoy 24-hour uninterrupted power supply as from the end of next year, Chief Executive Officer/Executive Vice-Chairman of PHCN, Engr Bello Suleman, has said. Suleman gave the assurance at the 2008 Management Retreat for PHCN tagged: “Transforming to Deliver Presidential Targets” held in Jos.


Zero Gas Flare Deadline Not Feasible -Ibeno

EKET (AKWA IBOM) - Residents of Ibeno, host community to Mobil Producing Nigeria in Akwa Ibom, have said that the December deadline to end gas flaring in the country is not feasible.

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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.

Thoughts & Tips

Give Nigerian Women A Chance

By MONDAY ESON

Who said that you are not a politician if you are the chancellor of a university? Who said that you are not a politician if you are the commander-in-chief of the Armed Forces? If you are the head of the Economic Planning team, who said that you are not a politician? As a Minister of Agriculture or Works or Heads of different institutions, who said that you are not a politician? As a Taxi driver, Technical Director, or Civil Servant, you are a politician.

 
Issues On Development

Nigeria @ 48 Still Under Developed

With Eranga Omo-Ehiabhi Isaac

Nigeria is besieged with huge debt burden/unequal foreign exchanged and is in a state of near-collapsed economy, posted Dr. Monday Igbafen.

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?