4
1. WHY YOU SHOULD INVEST IN
THE STOCK MARKET
“Let honesty and industry be thy constant companions, and spend one penny less than thy clear gains;
then shall thy pocket begin to thrive; creditors will not insult, nor want oppress, nor hungerness bite,
nor nakedness freeze thee.”
– Benjamin Franklin
e all invest for various reasons. Perhaps you want an alternative source of
income to supplement what your salary. Perhaps you wish to invest for your
children and send them to school in Universities abroad. Perhaps you wish to invest
for your parents and provide for them a regular source of income apart from their
pension. Perhaps you wish to start investing for your retirement now so you would
not have to be dependent on anyone when you are old, or have to rely on a meagre
pension. The fact is, the earlier you start investing, the more money you will make. In
the stock market, time is money.
"The most powerful invention of man is compound interest." – Albert Einstein
Here is an example: let’s suppose that an 18 year old today invests N100,000 in the
stock market towards his retirement, and his investment grows at just 20% annually.
If he does not touch that investment until he is 60 years old, do you know how much
that would be? N211.6 million (Fig 1). A young woman invests N200,000.00 towards
her child’s university education the year her child was born. At 20% interest, by the
time the child is 21 years old, the investment would be worth N9.2 Million - enough
to send the child to school abroad for a Masters Degree.
W
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5
Fig 1: N100,000 invested by an 18 year old for his
retirement in the stockmarket at an average of 20%
returns.
0
50
100
150
200
250
300
18
22
26
30
34
38
42
46
50
54
58
Millions
Years
Amount In Naira
The stock market is a powerful investment vehicle we can use to meet our financial
goals. The stock market makes the power of compound interest work for you.
Compound interest simply means that the money you invest earns interest, and that
that interest earns interest, and so on. Money that's compounding never sleeps.
Every second of every day, 24 hours a day, 365 days a year it is multiplying. Instead of
you working for the money, the money is working for you.
Here are more reasons
to invest in the stock market
1. The stock market gives your higher returns than investing in bonds, treasury
bills, certificates of deposit (CD’s) or putting your money in a savings
account.
2. Investing in the stock market helps you stay above the inflation rate.
Between 1999 and 2001, the Nigerian stock market grew by an average of
33% while the inflation rate was at an average of 12% within the same
period.
The Beginner’s Guide to Investing in the Nigerian Stock Market www.stockmarketnigeria.com
© Stockmarketnigeria.com www.stockmarketnigeria.com
Got investment advice, questions or comments? Express yourself! Join the online community at
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6
3. You can invest in the stock market with very little money. Many
stockbrokers will open a stock broking account for N3, 000 or less. You can
buy into a high quality mutual fund for as low as N10, 000.
4. When you own actively traded shares, you can easily sell them and get your
money back in a short time.
5. When you buy shares in the stock market, you get to become a shareholder
or part owner of a public company with all the privileges entitled to
shareholders.
6. You do not need to be an expert in shares or even bother yourself about
which shares to buy. Investment bodies called unit-trusts or mutual funds
can manage your investment for you for a small commission. We will talk
more on this in chapter 4.
7. Investing in the stock market is fun. If you choose to manage your stock
portfolio yourself (i.e. you decide which shares to buy and hold and which to
sell) you will realize that you can make money from the stock market and
have fun doing it. Active stock picking is exciting and (of course) financially
rewarding.
Well we have talked about all the advantages of investing in the stock market.
However note that it is possible to lose money in the stock market if an investor does
not go about investing the right way. The stock market is not a get-rich-quick scheme.
When you invest in the stock market you should be thinking long term. It rewards the
patient, intelligent investor. People who panic are not handsomely rewarded by the
market. Making money in the stock market requires knowledge, patience and selfcontrol.
That is why you are reading this book – to build up your knowledge and
courage so that you can make good profits from the stock market. Do not be afraid
of investing in the market. If you follow the simple rules in this book and are
courageous, you will make it. The principles you have to follow to make money in the
market will be outlined in this book. Someone who is not knowledgeable, has a low
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© Stockmarketnigeria.com www.stockmarketnigeria.com
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www.stockmarketnigeria.com/forums
7
risk tolerance, or is not interested in buying individual shares, is safer buying into a
mutual fund (unit-trust).
The
Wednesday, June 23, 2010
Saturday, June 19, 2010
ADSENSE
What is Google AdSense?
Google AdSense is an ad-serving program that places ads that “make sense” – specifically, that make sense based on relevant content, and assumptions about who might be interested in that content. AdSense is an application of the broader concept of Contextual Marketing. Contextual Marketing is just what it sounds like. On a website about custom cars, you might have an ad for fancy wheels or car care kits. On a website about off-roading, you might have an ad for durable truck tires or spotlight rigs. A hockey site might advertise hockey sticks…and a tennis site, tennis shoes. Contextual Marketing just means aligning the ad serving with the context/nature of the website and its audience, the same way like items are grouped in a store. And the “context” can be cut much finer than website level, it can be page level, article level, and so on, so the ads always match the material they are appearing near, and thus, appeal to the interest of the reader/buyer at any given moment.
So what’s in it for you – the website publisher/owner? That’s easy. Every time a visitor to your site clicks one of these ads, you make money. The better the ads are targeted, the more clicks you get, the more money you make. AdSense displays easy-to-read, text-based, relevant ads that don’t overshadow the content of your website or annoy visitors. Actually, you have seen hundreds of these ads yourself, as you’ll realize in a moment.
Today there are probably only a few places in your website that can directly make you money, if any. The magic of Google AdSense is this: It allows you to earn money through every page of your website
Google AdSense is an ad-serving program that places ads that “make sense” – specifically, that make sense based on relevant content, and assumptions about who might be interested in that content. AdSense is an application of the broader concept of Contextual Marketing. Contextual Marketing is just what it sounds like. On a website about custom cars, you might have an ad for fancy wheels or car care kits. On a website about off-roading, you might have an ad for durable truck tires or spotlight rigs. A hockey site might advertise hockey sticks…and a tennis site, tennis shoes. Contextual Marketing just means aligning the ad serving with the context/nature of the website and its audience, the same way like items are grouped in a store. And the “context” can be cut much finer than website level, it can be page level, article level, and so on, so the ads always match the material they are appearing near, and thus, appeal to the interest of the reader/buyer at any given moment.
So what’s in it for you – the website publisher/owner? That’s easy. Every time a visitor to your site clicks one of these ads, you make money. The better the ads are targeted, the more clicks you get, the more money you make. AdSense displays easy-to-read, text-based, relevant ads that don’t overshadow the content of your website or annoy visitors. Actually, you have seen hundreds of these ads yourself, as you’ll realize in a moment.
Today there are probably only a few places in your website that can directly make you money, if any. The magic of Google AdSense is this: It allows you to earn money through every page of your website
Wednesday, June 16, 2010
Daily News
Advertisement
Guardian, Page 18
64 Games. 1,860 ATMs. One Card - You only need one thing to enjoy football this June, your Ecobank Regional Card. Now you can conveniently access your money in South Africa through any of Nedbnak’s 1,860 ATMs.
Nigerian Banks Account For Most Regional Banks’ Provisioning – Business Day, Page 23
As Ecobank Nigeria accounts for 70% of group's profit margin
It has not been a tea party for Nigerian banks as the level of provisioning for non- performing loans (NPL) may have affected their liquidity in the absence of the Asset Management Company (AMC). Though the global financial crisis has also affected other African countries, facts available show that some African countries may have provided less, thus leaving them with more funds to grow their economy. Using the Ecobank Trans-international Corporation's (ETI) example, which has branches in 29 African countries, Ecobank Nigeria alone accounts for 69.76 percent of the total provisioning by the 29 banks in the continent. According to the bank's annual report for its financial year ended December 31, 2009, total provisioning made in the 29 countries amounts to $139.66 million, out of which Ecobank Nigeria accounts for $91.29 million, or nearly 70 percent of the amount. On how the high level of provisioning affects Nigerian banks, Ecobank Nigeria, seen as a healthy bank in the country witnessed its provisioning cut of 57.18 percent of its net interest income, which stood at $170.80 million. It further contributed the highest amount to the group in terms of income, about 37.21 percent of total income to the group. Total net interest income to the group for the period was $459.03 million
Journalist Sues bank For N36m – Nation, Page 37
A Journalist, Mr. Odafe Atogun has sued Skye bank Plc at a Lagos State High Court, Igbosere, for N36million over the bank’s alleged negligence which led to his losing money in a fund transfer transaction. The amount includes the missing sum, interests, general damages and special damages. Odafe, an Editorial Consultant to Abuja Digest, said 6000 euros sent to him by his business partners in Dublin, Ireland on November 3, 2008 through Western Union Money Transfer to set up a printing press in Nigeria was fraudulently withdrawn by someone else from the bank. The claimant said the sender clearly stated that the receiver’s destination was Abuja, but the bank allegedly paid the money to an impostor in Benin City. The original receiver’s telephone numbers, and code, were also different from the impostor’s, he told the court.
Sterling Bank To Raise Fresh Funds – Sun, Page 53
Shareholders’ approval to raise fresh funds may form part of the agenda at the 48th Annual General Meeting (AGM) of Sterling Bank Plc, as the bank’s management may have concluded plans to increase its capital base. In AGM slated for this Thursday, June 17 at Tinapa Resort, Calabar Cross River State, the shareholders may have to decide on whether to raise the needed amount for funds through rights offer, bonds or both. In an interview with Daily Sun, the Managing Director, Sterling Registrars Limited, Mr. Babalola Gboyega said that the Group was working on plans to raise equity having realized the need to do more business as a means for delivering attractive shareholders returns.
Oceanic Bank Turns 20, Attributes Success To Customers, Shareholders – Business Day, Page 19
Oceanic Bank International Plc has commended its customers and shareholders for their patronage and confidence in the brand as it celebrates its 20th anniversary. The bank commenced business on June 12, 1990 and was listed on the Nigerian Stock Exchange on June 25, 2004. John Aboh, Group Managing Director, attributed the bank’s success to its customers and shareholders, adding that their support had provided the foundation upon which it is repositioning for superior performance and better returns on investments for all stakeholders.
Access Bank Boss Joins Global Business Body – Guardian, Page 22
The Global Business Coalition (GBC) has announced the appointment of the Group Managing Director and Chief Executive Officer of Access Bank Plc, Mr. Aigboje Aig-Imoukhuede to its corporate advisory board. He will be joining a stellar group of corporate leaders, whose companies have distinguished themselves in the global battle against HIV/AIDS, tuberculosis and malaria. The announcement was made at the recent 2010 Global Health Action Conference held in Washington DC, United States.
MBA Students Begin CSR Studies At Etisalat Centre In LBS – Guardian, Page 35
With the opening of the Etisalat CSR Centre by the innovative telecommunications company at the Lagos Business School’s Pan-Africa University, the study of Corporate Social Responsibility (CSR) as a catalyst for social and economic development, has been integrated as a compulsory course for MBA students of the prestigious school. Etisalat had established the centre as a platform designed to shape CSR opinions and understandings of present and future business leaders as well as key policy and decision makers. The telecommunications company championed the institute in line with its CSR strategy which focuses on a top-down and bottom-up approach that empowers the different socio-economic levels of society.
Globacom: We’re Not Involved In Siemens Scam – Thisday, Page 1
Globacom has declared that it has not in any way involved in the Siemens bribery scam. The company stated that the only relationship it ever had with Siemens, as a private company, was when it awarded a single contract in 2003 to the German firm for the provision of GSM and broad access infrastructure in some parts of the country. The company was also awarded part of the national fibre backbone infrastructure. The contract has since been completed.
Be Careful With Your Job, Jonathan Tells CBN – Thisday, Page 8
President Goodluck Jonathan yesterday gave his nod to the ongoing reform in the banking sector but warned the Central Bank of Nigeria (CBN) chiefs to appreciate the sensitive nature of their role and handle their job carefully. Jonathan said the successful implementation of the supervisory functions of the CBN is critical to the economic survival of the nation. The President was speaking to members of the Board of Directors of CBN who paid him a courtesy call at the State House, Abuja. “Your role is very sensitive and must be handled carefully”, he stated. The President expressed the concern shared by many Nigerians about the need for the CBN to perform maximally in order to ensure that the banking sector reform does not throw the country into turmoil.
Depositors’ Funds: NDIC To Sanction Erring Managers – Thisday, Page 62
The Nigerian Deposit Insurance Corporation (NDIC) has set machinery in motion to apprehend managers and directors of deposit money banks, Primary Mortgage Institutions (PMIs) and microfinance banks that contributed to the loss of depositors’ funds. The corporation is also moving to ensure that justice is done and that whatever deposits were carted away is returned. The Acting Managing Director and Chief Executive of the NDIC, Umaru Ibrahim, said the Corporation may be seeking more legal and enforcement powers to enable it deal with erring bank directors and managers. The NDIC Chief, who spoke at a Risk-based Supervision Training Programme for officials of the NDIC at Ijebu Ode yesterday, said the Corporation will be engaging more debt recovery agents. NDIC he also said would intensify “an aggressive pursuit of court cases involving all suspected persons responsible for mismanaging depositors’ funds from the biggest deposit money bank to the smallest microfinance institution.”
Constitution Review: N’Assembly Presents Amendment Bill To Speakers – Punch, Page 2
The first amendment to the 1999 Constitution was formally handed over to the Speakers of the 36 State Houses of Assembly on Tuesday to commence the concluding part of the process of amending the constitution. But the ceremony witnessed a mild drama as eight groups, including the Nigerian Labour Congress and the Nigerian Bar Association, advised the Speakers to reject some of the amended sections of the constitution. The sections are those that provide for the disqualification of candidates on account of indictment by judicial or administrative panels, inquiry commissions and cross-carpeting. The group, under the aegis of the Constitution Reform Dialogue Mechanism, argued that giving clearance to people that had been indicted in the past amounted to legitimizing corruption.
Govs Okay New Constitution, May Pass July 2 – Guardian, Page 1
Governors met in Abuja yesterday on some national issues and agreed that the amended constitution, which topped the agenda, was largely in order. Indeed they may have begun moves to ensure its passage by July 2, 2010. Meeting under the aegis of the Governors Forum chaired by Dr. Bukola Saraki of Kwara State, they concurred on all items except the issue of first line charges.
President Unveils Power Sector Strategies – Guardian, Page 1
President Goodluck Jonathan yesterday approved the composition of a new power reform structure, which aims “to transform the power sector and breathe life into electric power in the country.” Under the new structure, the power sector is to be supervised by two bodies – the Presidential Action Committee on Power under the President’s charge and a Presidential Task Force on Power. The Presidential Action Committee has Vice president Mohammed Namadi Sambo as alternate chairman. Other members of the committee are the Minister of State for Power, the Ministers of Finance, National Planning and Petroleum Resources, the Secretary to the Government of the Federation, the Head of Service, Governor of the Central Bank of Nigeria, a Special Adviser on Power, and the Chief of Staff to the President.
Presidency, Govs Set Up Panel On Sovereign Wealth Fund – Thisday, Page 1
The Presidency and governors of the 36 states of the Federation on the aegis of the National Economic Council (NEC) has set up a committee to work out modalities for the establishment of the Sovereign Wealth Fund (SWF). The sovereign fund will serve as a reserve facility for the country’s future needs. In the meantime, the balance in the Excess Crude Account (ECA) has dropped to N509 billion as against N528.373 billion of last month, the Accountant-General of the Federation (AGF), Mr. Ibrahim Dankwambo, has said.
FG Begins Registration Of Africans Registered in Nigeria – Business Day, Page 3
The Minister of Interior, Emmanuel Iheanacho, on Tuesday in Abuja, flagged off the official registration process of all African nationals residing in Nigeria. He described the project as a milestone in the history of modern migration management in Nigeria. Iheanacho said the Combined Expatriate Residence Permit and Aliens Card (CERPAC) project had provided electronic records of all legally resident non-Africans, while the same could not be said of Africans generally. He said the exercise offers an enduring solution to the challenge, noting that the biometric registration was a clear departure form the era where notebooks were used for the documentation of foreigners.
NEMA Appoints New DG – Punch, Page 29
The Board and Management of the National Emergency Management Agency (NEMA) has approved the appointment of Dr. Charles Agbo as the new Acting Director General. A statement by the Chief Press Secretary, NEMA, Mr. Segun Imohiosen, on Tuesday, said Agbo’s appointment took effect from June 7, 2010. He noted that the new Acting DG took over from Air Vice-Marshall Audu Bida (Rtd).
Panic As Gas Leakage Threatens Bayelsa Community – Vanguard, Page 1
Panic yesterday, gripped the Kalaba community in Yenagoa Local Government Area of Bayelsa State, following the leakage of a substance suspected to be gas from a ruptured pipeline owned by Nigerian Agip Oil Company. Vanguard learnt that Kalaba, one of the six communities in Okordia clan, had suffered serial oil spillages occasioned by alleged equipment failure as well as sabotage in the past. It was also learnt that not only were the natives living with the discomfort of the sound of the leaking gas, but also faced possible fire outbreak.
IVF Treatment: 66-Year-Old Childless Woman Gives Birth To Triplets – Tribune, Page 51
A 66-year-old Indian woman has become the oldest person in the world to give birth to triplets after IVF treatment. Childless Bhateri Devi gave birth to two boys and a girl – who are now being treated at the intensive care after being born dangerously underweight. Mrs. Devi received IVF treatment at the National Fertility Centre in Haryana – where the world’s oldest mum, Rajo Devi Lohan, was also treated. However, the doctors said the triplets, weighing 2 pounds 6 ounces, 2 pounds 4 ounces and 1 pound 7 ounces, wee being monitored in the intensive care unit of the centre
Guardian, Page 18
64 Games. 1,860 ATMs. One Card - You only need one thing to enjoy football this June, your Ecobank Regional Card. Now you can conveniently access your money in South Africa through any of Nedbnak’s 1,860 ATMs.
Nigerian Banks Account For Most Regional Banks’ Provisioning – Business Day, Page 23
As Ecobank Nigeria accounts for 70% of group's profit margin
It has not been a tea party for Nigerian banks as the level of provisioning for non- performing loans (NPL) may have affected their liquidity in the absence of the Asset Management Company (AMC). Though the global financial crisis has also affected other African countries, facts available show that some African countries may have provided less, thus leaving them with more funds to grow their economy. Using the Ecobank Trans-international Corporation's (ETI) example, which has branches in 29 African countries, Ecobank Nigeria alone accounts for 69.76 percent of the total provisioning by the 29 banks in the continent. According to the bank's annual report for its financial year ended December 31, 2009, total provisioning made in the 29 countries amounts to $139.66 million, out of which Ecobank Nigeria accounts for $91.29 million, or nearly 70 percent of the amount. On how the high level of provisioning affects Nigerian banks, Ecobank Nigeria, seen as a healthy bank in the country witnessed its provisioning cut of 57.18 percent of its net interest income, which stood at $170.80 million. It further contributed the highest amount to the group in terms of income, about 37.21 percent of total income to the group. Total net interest income to the group for the period was $459.03 million
Journalist Sues bank For N36m – Nation, Page 37
A Journalist, Mr. Odafe Atogun has sued Skye bank Plc at a Lagos State High Court, Igbosere, for N36million over the bank’s alleged negligence which led to his losing money in a fund transfer transaction. The amount includes the missing sum, interests, general damages and special damages. Odafe, an Editorial Consultant to Abuja Digest, said 6000 euros sent to him by his business partners in Dublin, Ireland on November 3, 2008 through Western Union Money Transfer to set up a printing press in Nigeria was fraudulently withdrawn by someone else from the bank. The claimant said the sender clearly stated that the receiver’s destination was Abuja, but the bank allegedly paid the money to an impostor in Benin City. The original receiver’s telephone numbers, and code, were also different from the impostor’s, he told the court.
Sterling Bank To Raise Fresh Funds – Sun, Page 53
Shareholders’ approval to raise fresh funds may form part of the agenda at the 48th Annual General Meeting (AGM) of Sterling Bank Plc, as the bank’s management may have concluded plans to increase its capital base. In AGM slated for this Thursday, June 17 at Tinapa Resort, Calabar Cross River State, the shareholders may have to decide on whether to raise the needed amount for funds through rights offer, bonds or both. In an interview with Daily Sun, the Managing Director, Sterling Registrars Limited, Mr. Babalola Gboyega said that the Group was working on plans to raise equity having realized the need to do more business as a means for delivering attractive shareholders returns.
Oceanic Bank Turns 20, Attributes Success To Customers, Shareholders – Business Day, Page 19
Oceanic Bank International Plc has commended its customers and shareholders for their patronage and confidence in the brand as it celebrates its 20th anniversary. The bank commenced business on June 12, 1990 and was listed on the Nigerian Stock Exchange on June 25, 2004. John Aboh, Group Managing Director, attributed the bank’s success to its customers and shareholders, adding that their support had provided the foundation upon which it is repositioning for superior performance and better returns on investments for all stakeholders.
Access Bank Boss Joins Global Business Body – Guardian, Page 22
The Global Business Coalition (GBC) has announced the appointment of the Group Managing Director and Chief Executive Officer of Access Bank Plc, Mr. Aigboje Aig-Imoukhuede to its corporate advisory board. He will be joining a stellar group of corporate leaders, whose companies have distinguished themselves in the global battle against HIV/AIDS, tuberculosis and malaria. The announcement was made at the recent 2010 Global Health Action Conference held in Washington DC, United States.
MBA Students Begin CSR Studies At Etisalat Centre In LBS – Guardian, Page 35
With the opening of the Etisalat CSR Centre by the innovative telecommunications company at the Lagos Business School’s Pan-Africa University, the study of Corporate Social Responsibility (CSR) as a catalyst for social and economic development, has been integrated as a compulsory course for MBA students of the prestigious school. Etisalat had established the centre as a platform designed to shape CSR opinions and understandings of present and future business leaders as well as key policy and decision makers. The telecommunications company championed the institute in line with its CSR strategy which focuses on a top-down and bottom-up approach that empowers the different socio-economic levels of society.
Globacom: We’re Not Involved In Siemens Scam – Thisday, Page 1
Globacom has declared that it has not in any way involved in the Siemens bribery scam. The company stated that the only relationship it ever had with Siemens, as a private company, was when it awarded a single contract in 2003 to the German firm for the provision of GSM and broad access infrastructure in some parts of the country. The company was also awarded part of the national fibre backbone infrastructure. The contract has since been completed.
Be Careful With Your Job, Jonathan Tells CBN – Thisday, Page 8
President Goodluck Jonathan yesterday gave his nod to the ongoing reform in the banking sector but warned the Central Bank of Nigeria (CBN) chiefs to appreciate the sensitive nature of their role and handle their job carefully. Jonathan said the successful implementation of the supervisory functions of the CBN is critical to the economic survival of the nation. The President was speaking to members of the Board of Directors of CBN who paid him a courtesy call at the State House, Abuja. “Your role is very sensitive and must be handled carefully”, he stated. The President expressed the concern shared by many Nigerians about the need for the CBN to perform maximally in order to ensure that the banking sector reform does not throw the country into turmoil.
Depositors’ Funds: NDIC To Sanction Erring Managers – Thisday, Page 62
The Nigerian Deposit Insurance Corporation (NDIC) has set machinery in motion to apprehend managers and directors of deposit money banks, Primary Mortgage Institutions (PMIs) and microfinance banks that contributed to the loss of depositors’ funds. The corporation is also moving to ensure that justice is done and that whatever deposits were carted away is returned. The Acting Managing Director and Chief Executive of the NDIC, Umaru Ibrahim, said the Corporation may be seeking more legal and enforcement powers to enable it deal with erring bank directors and managers. The NDIC Chief, who spoke at a Risk-based Supervision Training Programme for officials of the NDIC at Ijebu Ode yesterday, said the Corporation will be engaging more debt recovery agents. NDIC he also said would intensify “an aggressive pursuit of court cases involving all suspected persons responsible for mismanaging depositors’ funds from the biggest deposit money bank to the smallest microfinance institution.”
Constitution Review: N’Assembly Presents Amendment Bill To Speakers – Punch, Page 2
The first amendment to the 1999 Constitution was formally handed over to the Speakers of the 36 State Houses of Assembly on Tuesday to commence the concluding part of the process of amending the constitution. But the ceremony witnessed a mild drama as eight groups, including the Nigerian Labour Congress and the Nigerian Bar Association, advised the Speakers to reject some of the amended sections of the constitution. The sections are those that provide for the disqualification of candidates on account of indictment by judicial or administrative panels, inquiry commissions and cross-carpeting. The group, under the aegis of the Constitution Reform Dialogue Mechanism, argued that giving clearance to people that had been indicted in the past amounted to legitimizing corruption.
Govs Okay New Constitution, May Pass July 2 – Guardian, Page 1
Governors met in Abuja yesterday on some national issues and agreed that the amended constitution, which topped the agenda, was largely in order. Indeed they may have begun moves to ensure its passage by July 2, 2010. Meeting under the aegis of the Governors Forum chaired by Dr. Bukola Saraki of Kwara State, they concurred on all items except the issue of first line charges.
President Unveils Power Sector Strategies – Guardian, Page 1
President Goodluck Jonathan yesterday approved the composition of a new power reform structure, which aims “to transform the power sector and breathe life into electric power in the country.” Under the new structure, the power sector is to be supervised by two bodies – the Presidential Action Committee on Power under the President’s charge and a Presidential Task Force on Power. The Presidential Action Committee has Vice president Mohammed Namadi Sambo as alternate chairman. Other members of the committee are the Minister of State for Power, the Ministers of Finance, National Planning and Petroleum Resources, the Secretary to the Government of the Federation, the Head of Service, Governor of the Central Bank of Nigeria, a Special Adviser on Power, and the Chief of Staff to the President.
Presidency, Govs Set Up Panel On Sovereign Wealth Fund – Thisday, Page 1
The Presidency and governors of the 36 states of the Federation on the aegis of the National Economic Council (NEC) has set up a committee to work out modalities for the establishment of the Sovereign Wealth Fund (SWF). The sovereign fund will serve as a reserve facility for the country’s future needs. In the meantime, the balance in the Excess Crude Account (ECA) has dropped to N509 billion as against N528.373 billion of last month, the Accountant-General of the Federation (AGF), Mr. Ibrahim Dankwambo, has said.
FG Begins Registration Of Africans Registered in Nigeria – Business Day, Page 3
The Minister of Interior, Emmanuel Iheanacho, on Tuesday in Abuja, flagged off the official registration process of all African nationals residing in Nigeria. He described the project as a milestone in the history of modern migration management in Nigeria. Iheanacho said the Combined Expatriate Residence Permit and Aliens Card (CERPAC) project had provided electronic records of all legally resident non-Africans, while the same could not be said of Africans generally. He said the exercise offers an enduring solution to the challenge, noting that the biometric registration was a clear departure form the era where notebooks were used for the documentation of foreigners.
NEMA Appoints New DG – Punch, Page 29
The Board and Management of the National Emergency Management Agency (NEMA) has approved the appointment of Dr. Charles Agbo as the new Acting Director General. A statement by the Chief Press Secretary, NEMA, Mr. Segun Imohiosen, on Tuesday, said Agbo’s appointment took effect from June 7, 2010. He noted that the new Acting DG took over from Air Vice-Marshall Audu Bida (Rtd).
Panic As Gas Leakage Threatens Bayelsa Community – Vanguard, Page 1
Panic yesterday, gripped the Kalaba community in Yenagoa Local Government Area of Bayelsa State, following the leakage of a substance suspected to be gas from a ruptured pipeline owned by Nigerian Agip Oil Company. Vanguard learnt that Kalaba, one of the six communities in Okordia clan, had suffered serial oil spillages occasioned by alleged equipment failure as well as sabotage in the past. It was also learnt that not only were the natives living with the discomfort of the sound of the leaking gas, but also faced possible fire outbreak.
IVF Treatment: 66-Year-Old Childless Woman Gives Birth To Triplets – Tribune, Page 51
A 66-year-old Indian woman has become the oldest person in the world to give birth to triplets after IVF treatment. Childless Bhateri Devi gave birth to two boys and a girl – who are now being treated at the intensive care after being born dangerously underweight. Mrs. Devi received IVF treatment at the National Fertility Centre in Haryana – where the world’s oldest mum, Rajo Devi Lohan, was also treated. However, the doctors said the triplets, weighing 2 pounds 6 ounces, 2 pounds 4 ounces and 1 pound 7 ounces, wee being monitored in the intensive care unit of the centre
Tuesday, June 15, 2010
google adsense
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4
Discover How to Turn Your Web Site's Content Into Cash!
Make Sense of Google AdSense – and make money!
As a successful web publisher looking to get to the next level, you are probably thinking about trying a number of different approaches to increasing revenue – especially your passive revenue, the money that just “shows up” from time to time while you focus on other things. You may be considering various forms of internet advertising. And you should.
Internet advertising has exceeded all expectations. The technology keeps advancing, and the popularity and ubiquity of the medium is incredible. Most companies can benefit from the Internet because it allows the chance to reach a global audience at never-before-possible speeds, with many kinds of filters to make sure the right audience sees the right message, and costs that are often surprisingly low. But many businesses make money online in ways that have very little to do with their own actual business, but with systems that connect various companies and offerings together.
You may be wondering how to make money easily with online advertising, and you have come to the right place!
The secret is that taking ads is a much more profitable strategy then placing ads for most websites. And the best way to make money with this right now is “hiding in plain sight” from the world’s most popular search engine company.
While there are many ways to approach online advertising, it makes sense the best would be offered by the ultimate search engine company, the company that is setting out to organize all of humanity’s vast amounts of information – Google. This method is Google Ad Words, and it’s sister program, Google AdSense. With Ad Words, Google makes a lot of money. With AdSense, web publishers – that’s you! – can reach a lot of people and make a lot of money too!
In this report, we’re going to focus in on how to make sense of, and a lot of money with, Google’s AdSense program.
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Discover How to Turn Your Web Site's Content Into Cash!
Make Sense of Google AdSense – and make money!
As a successful web publisher looking to get to the next level, you are probably thinking about trying a number of different approaches to increasing revenue – especially your passive revenue, the money that just “shows up” from time to time while you focus on other things. You may be considering various forms of internet advertising. And you should.
Internet advertising has exceeded all expectations. The technology keeps advancing, and the popularity and ubiquity of the medium is incredible. Most companies can benefit from the Internet because it allows the chance to reach a global audience at never-before-possible speeds, with many kinds of filters to make sure the right audience sees the right message, and costs that are often surprisingly low. But many businesses make money online in ways that have very little to do with their own actual business, but with systems that connect various companies and offerings together.
You may be wondering how to make money easily with online advertising, and you have come to the right place!
The secret is that taking ads is a much more profitable strategy then placing ads for most websites. And the best way to make money with this right now is “hiding in plain sight” from the world’s most popular search engine company.
While there are many ways to approach online advertising, it makes sense the best would be offered by the ultimate search engine company, the company that is setting out to organize all of humanity’s vast amounts of information – Google. This method is Google Ad Words, and it’s sister program, Google AdSense. With Ad Words, Google makes a lot of money. With AdSense, web publishers – that’s you! – can reach a lot of people and make a lot of money too!
In this report, we’re going to focus in on how to make sense of, and a lot of money with, Google’s AdSense program.
©
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