Thursday, September 20, 2012

53% of Workers Allowed Access To Facebook and other Sites During Work

Photo Credit: The Guardian of UK.

More Than Half of Workers Say Their Companies Allow Access to Social Networking, Shopping and Entertainment Sites


MENLO PARK, Calif., Sept. 20, 2012 /PRNewswire/ -- Does access to non-work related websites make for distracted employees? Many businesses aren't concerned, a new OfficeTeam survey suggests. Fifty-three percent of professionals interviewed said their company does not block social networking, shopping and entertainment sites. For those whose employers do, more than one in five (22 percent) admitted to frequently using their personal mobile devices as a workaround.
The survey of workers was developed by OfficeTeam, a leading staffing service specializing in the placement of highly skilled administrative professionals. It was conducted by an independent research firm and is based on telephone interviews with 449 workers 18 years of age or older and employed in office environments
.
Workers were asked, "Does your company block access to the following websites?" Their responses*:

Social networks..............................................................
31%
Entertainment sites..........................................................
26%
Online shopping sites......................................................
23%
None of these..............................................................
53%


*Multiple responses allowed.

Workers whose companies do block access to some sites also were asked, "How often, if ever, do you use your own personal devices at work to access websites that are blocked by your company?"

Their responses:
Very often........................................................................
9%
Somewhat often.............................................................
13%
Not very often.....................................................................
20%
Never..................................................................................
58%

100%
"Even if companies don't block access to certain sites, they may be monitoring employee activity for excessive use," said Robert Hosking, executive director of OfficeTeam. "Professionals should be mindful of how they are spending their time while at the office. Surfing the Web might provide a nice break from work, but it should never get in the way of it."
OfficeTeam advises workers to use good judgment when accessing the Internet for non-business purposes. Here are five tips:
  1. Get in the know. Familiarize yourself with corporate web policies. Also, assess the culture: Some organizations encourage their employees to leverage social media as a business tool, while others frown on it.
  2. Assume someone's watching. Just because nobody's looking over your shoulder, doesn't mean your online activity isn't being tracked. Most companies monitor their employees' Internet use. Avoid spending excessive time on the Web for personal matters.
  3. Don't overshare. Resist the urge to forward cute kitten videos or other irrelevant Internet "gems" to coworkers, and never send objectionable content.
  4. Think outside the boxes. Lots of retail deliveries at the office could make your manager question whether you're bagging all of the bargains on your own time.
  5. Keep an eye out. Be wary of suspicious emails or downloads that may cause viruses or other security concerns. Alert your information technology team if anything looks amiss.
A bout OfficeTeam
OfficeTeam is the nation's leading staffing service specializing in the temporary placement of highly skilled office and administrative support professionals. The company has more than 315 locations worldwide and offers online job search services at www.officeteam.com
SOURCE OfficeTeam
CONTACT: Cynthia Kong, +1-650-234-6298, cynthia.kong@officeteam.com
Web Site: http://www.officeteam.com








Photo of the Week: Dr. Tunji Braithwaite's 79th Birthday Book Launch in Lagos

Governor of Lagos State, Babatunde Raji Fashola (SAN), President Goodluck Jonathan and hero of Nigerian democracy Dr. Tunji Braithwaite having a good rapport at the book presentation of the second edition of Braithwaite’s all time classic Jurisprudence of the Living Oracles for the celebration of his 79th birthday at the Yard 158, Oregun, Lagos, on Tuesday, September 18, 2012.


The causes of domestic, national and international turmoil are wide and varied, but law plays an important role in resolving these conflicts. The role that jurisprudence plays in various societies is often misunderstood. Author Tunji Braithwaite, a longtime lawyer who has spent much of his career in Nigeria, demonstrates how theological laws, astronomy, and astrology affect secular laws. He also explains the differences between justice and law and examines the development of various legal doctrines. The Jurisprudence of the Living Oracles explores many concepts, including • the higher law that governs human society, regardless of boundaries; • the Everlasting Oracle, which judges everything and everybody; • methods by which justice may be achieved in a world regulated by laws; • the flexibility and inflexibility of the law of God; • the sources of God's laws; A useful guide for judges and legal practitioners alike, this scholarly examination also aims to generate discussions among scientists and members of various religions. Join Dr. Braithwaite as he connects religion with law and justice and seeks to help everyone avoid unpardonable errors through The Jurisprudence of the Living Oracles.











WRAPmail Now in Nigeria, Dubai and Pakistan



These distributors have already secured 7 new accounts in the first 4 days they have been on board.

FORT LAUDERDALE, Fla. , Sept. 19, 2012 /PRNewswire/ --
WRAPmail, Inc. ( OTC: WRAP ) reports that the International expansion has had a flying start with 3 new Distributors in the first week of the program.  "WRAPmail International Distributors become our Marketing arm in their respective territories and help us grow without associated costs until they deliver revenue" states Rolv E. Heggenhougen, Chairman & CEO. "Our goal is to get to the tipping point where our solution starts feeding on itself and all users beget new users as they see our product in the inbox" continues Heggenhougen. WRAPmail has signed over 6,100 clients worldwide. Clients come from all countries and industries as they all have two things in common: They have websites and they send emails. WRAPmail is now further focusing on Distributors that will market WRAPmail solutions around the world.
To try WRAPmail for FREE just go to: https://pro.wrapmail.com/signup/agreement.asp
 
About WRAPmail:
 
The basic idea behind WRAPmail is to utilize the facts that almost everyone have websites, social network site(s) and also send emails every day. These emails can become complete marketing tools and help promote, brand, sell and cross-sell in addition to drive traffic to the website and conduct research. WRAPmail is available for free (with 3rd party ads) or for a small license fee at www.wrapmail.com. No routines change as users simply download a toolbar or routes emails via Google or WRAPmail's servers.
WRAPmail also helps search for missing children with every email sent by free users incorporating an RSS feed from the Center for Missing and Exploited Children – see http://www.huffingtonpost.com/rolv-e-heggenhougen/finding-missing-children_b_1540866.html
 
WRAPmail now has toolbars available for Microsoft LIVE, Yahoo Mail, AOL Mail and Gmail for Microsoft Explorer, Google Chrome, Apple Safari and Firefox.
 
WRAPmail Solutions:
1.  WRAPmail PRO: Free solution with 3rd party ads.
2.  WRAPmail PRO+: Shared solution, $50/user/year, no 3rd party ads.
3.  WRAPmail Enterprise
 
WRAPmaker and Premade WRAPS:
More than 200 premade templates are currently available for major Network Marketing/Affiliate Marketing/MLM companies, Real Estate Agents, Business, Scenery, Sports, Holidays and Animals with Social Network Interface and personalization (image, text and links).
 
Clients can also make 100% custom WRAPS in the WRAPmail dashboard using the WRAPmaker.
 
Advertising Network:
WRAPmail has its own advertising network where users can advertise in other user's emails. The concept is a mix between similar models from Facebook and Google but the difference is our focus is email and not websites. An advertiser can have a free account and there's no usage requirement to become an advertiser. Advertisers simply create their ad in the WRAPmail Dashboard; pick City, State, Country and/or Industry of other users for placement of ads. WRAPmail also has a partnership with Market Leverage for utilization of their advertising inventory.
 
Affiliate Programs – "Make money with every email you send anyway"
The affiliate program does not only pay for new clients signing up but is also designed to share the revenue from 3rd party ads displayed in the free users emails.
 
Google:
WRAPmail is a Google Apps Vendor and also compatible with Google Analytics and Google Chrome/Gmail .
Forward looking statements and risks and uncertainties
Matters discussed in this press release contain forward-looking statements. The words "anticipate," "believe," "estimate," "may," "intend," "expect," and similar expressions identify such forward-looking statements.  Expected, actual results, performance, or achievements could differ materially from those contemplated, expressed, or implied by the forward-looking statements contained herein. Forward-looking statements are subject to a number of risks and uncertainties, including but not limited to, risks and uncertainties associated with, among other things,  the impact of economic, competitive, and other factors affecting our operations, markets, products, and performance.    For more complete information regarding our business and financial condition, you may access our filings at otcmarkets.com .  The matters discussed in this press release should not be construed in any matter, shape or form as indicative of the future value of the Company's common stock or its future financial condition.
 
WRAPmail Investor Relations:
IR@WRAPmail.com
Phone: (954) 591-8742      
Facebook
Twitter
 
SOURCE WRAPmail, Inc.
Web Site: http://www.wrapmail.com/








Wednesday, September 19, 2012

Nigeria In the Eyes of Rick Ross



RICK RO$$ is an American rapper whose latest video "Hold Me Back" is telling the truth about Nigeria with facts as shown in this short video documentary and contrary to the critics, he is not lying about Nigeria.
Nobody should hold Rick Ross back from showing the ugly realities in the most populous country in Africa.

The Nigerians criticizing Rick Ross are just like the President of Nigeria, Goodluck Jonathan who prefers to live in denial of the failures of the Nigerian government.
Majority of Nigerians are suffering and dying in blighted areas, because the corrupt government has failed to provide for them. The corrupt politicians and their accomplices in power have been misappropriating the revenue allocations meant for the security and welfare of the citizens.

Nigerians in Nigeria are stigmatized and traumatized by the breakdown of law and order as the dreaded Boko Haram Islamic terrorists on rampage in the northern states are still attacking and killing innocent people and destroying government targets in suicide bombings and guerrilla raids, kidnappers are attacking and kidnapping innocent people in the south-eastern states and pirates are attacking oil pipelines and depots to steal over 150, 000 barrels of crude oil valued at N2.6 billion daily and armed robbers are also giving the law abiding citizens sleepless nights in the south western and south-southern states of Nigeria. Yet, the President of Nigeria and his rented crowd of sycophants, political jobbers and their beneficiaries are boasting that their corrupt government is transforming Nigeria and making Nigeria one of the fastest growing economies in the world, but the realities in Nigeria are in contrast to these claims.

Nigerian Finance Minister Ngozi Okonjo-Iweala faces an uphill struggle in reforming the economy of one of the world's most corrupt nations.

NUMBERS ON THE ECONOMY:

Nigeria has the lowest HDI ranking among OPEC members of the. Iraq is ranked 24 places above Nigeria, with a life expectancy of 69.0 years.

* Population: 158.4 million - national statistics bureau.

* GDP: IMF currently estimates Nigerian GDP at $270 billion

* Growth for 2012: Nigeria revised down its forecast for this year to 6.5 percent but expects this to jump to 8.04 pct next year before easing to 7.43 pct in 2014.

* Stock market capitalisation: 6.6 trillion Nigerian naira ($41.9 billion).

* Annual inflation has hovered between 12 and 13 percent this year. The central bank's target is single digits.
~ Reuters.








Dear President Goodluck Jonathan, You Need A Reality Check

President Goodluck Jonathan of Nigeria.

Dear President Goodluck Jonathan, You Need A Reality Check

Dear President Goodluck Jonathan,
You need to face the facts in your administration and stop living in denial of the short comings and failures of government since your ruling People’s Democratic Party (PDP) won the presidential election in May 1999 and with majority in the election of the state governors, legislators and local government areas chairmen and chairwomen and thus giving you more powers in control of the Nigerian government than the opposition since 1999 to date. But what have you all achieved so far?

Even your boss and godfather the former president Chief Olusegun Obasanjo said things were better when he was in office compared to you and your predecessor the late Alhaji Umaru Yar’Adua and for majority of Nigerians things are getting worse and not better. And you always say you are not the cause of the woes of Nigeria, that they were already plaguing Nigerians before your election. But what have you done to address them and implement your so called Transformation Agenda?

You have told us your agenda since over 18 months ago, but where is the transformation?

I have already enumerated all the shortcomings and failures of your administration in several articles which none of your hired political sycophants could refute and again how come that illegal bunkers have been stealing more of our crude oil now that you are in power than before as Nigeria is losing over $5 billion (N780 billion) yearly to crude oil thieves when your own self-appointed ex-militants have been paid millions of dollars to protect oil pipelines and other installations?
Did you know that Nigeria Maritime Administration and Safety Agency (NIMASA) said that Nigeria can end illegal bunkering of our stolen crude oil in 30 days if your security agencies stop being the accomplices and partners in crime with these notorious crude oil robbers?

Who were the sea pirates that killed Captain Romeo Itima, Managing Director of Global West Vessel Specialist Limited, an oil bunkering surveillance company owned by ex-militant leader, Government Ekpemupolo, alias Tompolo who was contracted by the Federal Government to provide security and monitor the nation’s coastal waters against oil thieves?

How come ex-militants are now doing the job of the Nigerian Navy?
If you are really transforming Nigeria as you have boasted, why is your beloved wife First Lady, Aunty Dame Patience Ebele Azikiwe Jonathan flown overseas to a foreign hospital and now being treated for an undisclosed ailment in Germany and not at the National Hospital in Abuja?

How many million of naira of Nigerian Tax payers’ money have you spent so far on foreign medical trips for yourself, wife, families, relations, ministers, other public officials and your beneficiaries, including your unofficial first lady?

Do you know how many millions of dollars Nigerians spend annually for better healthcare overseas, because Nigerian hospitals don’t have the modern medical facilities to care and save the precious lives of majority of Nigerians?

Sir, do you know that there is only 1 doctor to over 33, 000 Nigerians when the global recommendation is 1 to 1, 000 people?
Is this not enough to declare a state of emergency in the health sector?

Why not give full scholarship to all students of medicine in Nigeria and send brilliant medical students to America, the UK and Japan to be trained at modern schools of medicine and teaching hospitals of world class standards?
Or you have no such plans in your transformation agenda?

How many government hospitals have MRI Scanners?
How many of the consulting rooms in general hospitals have Sphygmomanometers?

If your ministry of education is really being transformed, then why should Nigerians spend N160 billion annually on university education in Ghana, more than Nigeria’s annual budget for education in 2011?

If you are really performing as you claim, why did 800 companies shut down in Nigeria due to harsh and insecure operating environment and others have relocated to Ghana?

Why have you not revived the textile industry that can employ millions of jobless Nigerians?

How many jobs have you created so far to employ the 33 million jobless Nigerian youths?
Have you seen the Al Jazeera documentary on Nigeria: The Young And The Jobless?



Do you know how many innocent Nigerians and others who have been killed since you became the the 14th Head of State and current President of Nigeria?
Are you saying the Boko Haram is stronger than the Nigerian Armed Forces of which you are the Commander-in- Chief?

What have the governors and legislators you recently gave national honours achieved so far?
Are you honouring them for doing the duties for which they have even been paid jumbo salaries and for their misappropriations of public funds?
Have you seen the Kafkaesque nightmares of those living in the states and local government areas of these governors and legislators?

Lest we forget that in 2011, you failed to nominate and appoint at least 36 indigenes (one for each of the 36 states) which is a breach of article 147 subsection (3) of the Constitution of the Federal Republic of Nigeria 1999: "...the President shall appoint at least one Minister from each State, who shall be an indigene of such State".
This was enough to impeach you!

Then you claimed the unprecedented record of being the most criticized President in the world, which the Guinness World Record has rejected, because it is a lie.

You have accused the opposition of masterminding the nationwide protests against your undemocratic removal of the subsidy on petrol on January 1, 2012, in a very wicked way to wish Nigerians Happy New Year. But no one from the opposition gave me any of the bottled water or packaged food you alleged before I joined the masses that trooped to the streets in public demonstrations to reject your bad New Year present.

Majority of Nigerians, including your fellow Niger Delta indigene, former Petroleum Minister Professor Tam David-West joined the protests of the Organized Labour in nationwide strikes from 9–13 January 2012 and then on January, 16, you made the pump price of petrol N97 naira per liter and Nigerians cooperated with you. And what have they gained from it?

Dear President Goodluck Jonathan, the list of the shortcomings and failures of your administration will bore my readers, because it is no longer news since the public opinion poll of majority of Nigerians shows that they will prefer a better president who can guarantee them three square meals daily and security. And that is not too much to ask for!

Please sir, your critics are not your haters, but your best friends telling you the truth which the majority of Nigerians can testify of as the evidence of your maladministration is overwhelming.

I have no apologies or regrets for not flattering you and your incompetent public relations managers Abati and Okupe Limited should be sacked!



~ By Ekenyerengozi Michael Chima

About the Author

Ekenyerengozi Michael Chima, aka Orikinla Osinachi, is a prize-winning Nigerian writer born on January 30, 1963 on the Lagos Island in Nigeria. He is the second son and third child of Mr. Sunday Eke and Mrs. Gladys Eke, who migrated to Lagos from Umuahia in south-eastern Nigeria. He is the author of Children of Heaven (1987), Scarlet Tears of London (2006), Unveil Me My Love (2007), Bye, Bye Mugabe (2008), In the House of Dogs (2010) and other books and the most prolific African blogger since 2005 to date. He has been one of the most published illustrators in Nigeria, commissioned by Johns Hopkins University’s Population Communications Services (JHU/PCS) and Program for Appropriate Technology in Health (PATH) for the Planned Parenthood Federation of Nigeria (PPFN) and National Association of Nigerian Nurses and Midwifes (NANNM). He later became an IEC Officer for the Centre for Education on Population, AIDS and Drug Abuse (CEPADA) and a program consultant for the United Nations Children’s Fund (UNICEF) which he combined with his occupation as an artist, independent scriptwriter and production manager for TV from the age of 18 to when he was 37 for the Nigerian Television Authority (NTA) and DBN TV in Lagos. Presently, he works as a literary and media consultant in Lagos as well as also running his own companies as the Publisher/CEO of International Digital Post Network (IDPN) Limited, the largest Nigerian online news and information media network and the founder of the annual Eko International Film Festival and Screen Naija Open Air Cinema’s “One Village, One Cinema” Project to take cinemas to the urban and rural communities in Nigeria.. Michael Chima is committed to his Christian faith and charity for the benefit of humanity.










Tuesday, September 18, 2012

World's Leading Oil Conference Reveals African Future



18 September 2012 10:18 Africa/Lagos


World's leading oil conference reveals African future

19th Africa Oil Week held from October 29th until November 2nd in Cape Town

CAPE-TOWN, September 18, 2012/African Press Organization (APO)/ -- With over 900 delegates from 75 countries and 85 presentations from leading speakers - representing super-majors, independents, national oil companies, governments, licensing agencies and banks - the 19th Africa Oil Week shall host the world's leading deal-making and senior-level networking oil/gas industry in Africa, thus retaining its reputation as one of the top world-class conferences on the global calendar.


Logo: http://www.photos.apo-opa.com/plog-content/images/apo/logos/global-pacific--partners.jpg


Global Pacific & Partners' event will be held from October 29th until November 2nd in the Pavilion Conference Center in Cape Town, along with the 14th Scramble for Africa Strategy Briefing, the 47th PetroAfricanus Dinner, the 9th African Independents Forum and the 19th Africa Upstream Conference, ending with the well-known traditional ‘braai' (barbeque) on the Cape waterfront.


Showcase presentations are made by key companies and investors in Africa. For instance Dr Duncan Clarke, chairman and CEO of Global Pacific & Partners, tells about future opportunities for independents in Africa. During the Upstream Conference new explorations and discoveries in Equatorial New Guinea, Nigeria, Mozambique and the Maghreb countries are revealed. Executive vice-president Ian Cooling of Anadarko tells about the exploration journey his leading super-independent made across the continent during the PetroAfricanus Dinner.


Many of the leading players involved in the Eastern Africa acreage and gas boom are either on the speaker program or have registered as delegates and exhibitors.


Global Pacific & Partners celebrates over 30 years of in-depth engagement inside and within the African oil and gas industry across all regions and key countries. From 1980 on its efforts were directed at in-depth research on oil and gas across all countries and on national oil companies in Africa for governments and private clients, plus on the ventures and strategies of a growing cast of corporate competitors.


Later on the company started an advisory practice and began organizing conferences and strategy briefings. The well-established PetroAfricanus Club has hosted 46 dinners with over 4,000 guests.


CEO Duncan Clarke has published various studies and analyses on the African oil market and exploration.


Distributed by the African Press Organization for Global Pacific & Partners.


More information: http://www.petro21.com/events/?id=755

Note to the press

For further information, please contact Babette van Gessel, Vice Chairman - The Hague Global Pacific & Partners, Tel: +31.70.324.6154 babette@glopac-partners.com


Source: Global Pacific & Partners


Releases displayed in Africa/Lagos time
18 Sep 2012
10:18 World's leading oil conference reveals African future
17 Sep 2012
18:31 OER Signs Heads of Agreement to Acquire 40% Participating Interest in Qua Ibo Marginal Field Within OML 13
02:20 EXTRA-ORDINARY MEETING OF ECOWAS MEDIATION AND SECURITY COUNCIL HOLDS IN ABIDJAN
16 Sep 2012
10:06 Canada / Diplomatic Appointments
09:00 Tribute to the Laureate and the Finalists of the 3rd International One World Award (OWA) 
13 Sep 2012
13:00 UNICEF Reports Dramatic Progress in Child Survival
07:04 Western Union Unveils New Education Initiative around UEFA Europa League to Deliver One Million School Days
12 Sep 2012
14:00 iSend Continues Strides in March to Global Coverage with Cross-Border Electronic Payment Services
04:00 Investment in retail real estate globally expected to hit US$180bn p.a. by 2020
11 Sep 2012
19:03 Platts: August OPEC Oil Output Climbs to 31.54 Million Barrels per Day








OER Signs Heads of Agreement to Acquire 40% Participating Interest in Qua Ibo Marginal Field Within OML 13


17 Sep 2012 18:31 Africa/Lagos

OER Signs Heads of Agreement to Acquire 40% Participating Interest in Qua Ibo Marginal Field Within OML 13

CALGARY, Alberta, September 17, 2012 /PRNewswire/ --

Oando Energy Resources Inc. ("OER" or the "Company") (TSX:OER) and Oando Plc ("Oando") are pleased to announce they have entered into non-binding Heads of Agreement dated September 17, 2012, providing for the acquisition by OER of Oando's 40% participating interest in the Qua Ibo Field within Oil Mining Lease 13 ("OML 13") located onshore Nigeria (the "Acquisition"). Oando currently holds 94.6% of the issued and outstanding common shares of OER.

"We are excited about signing these Heads of Agreement for a 40% participating interest in the Qua Ibo Field which, if acquired, is expected to grow our Gulf of Guinea portfolio significantly," said OER CEO, Pade Durotoye. "The acquisition of additional reserves would represent a preliminary step in our broader objective of portfolio growth via the consolidation of marginal fields in Nigeria."

Oando signed agreements relating to the acquisition of its participating interest in the Qua Ibo Field in February 2012, but such an acquisition remains subject to the consent of the Nigerian Honourable Minister of Petroleum and certain third parties. In the event that such consents are not forthcoming or impose terms which are too onerous on Oando, Oando is instead entitled to receive an indirect economic interest in the Qua Ibo Field from NEPN, as defined below.

Asset Overview

The Qua Ibo Field, which was originally held by a joint venture which included The Shell Petroleum Development Company of Nigeria Limited, was awarded to a Nigerian company, Network Exploration & Production Nigeria Limited ("NEPN"), as part of the 2003 Marginal Field Round in Nigeria. The Qua Ibo Field is located onshore near the mouth of the Qua Ibo River in Akwa Ibom state, approximately two kilometres from Mobil Producing Nigeria Qua Ibo Terminal.

Three wells, Qua Ibo - 1, Qua Ibo - 2 and Qua Ibo - 3 have been drilled in the field. The Qua Ibo - 1 well was plugged and abandoned after inconclusive tests. The Qua Ibo - 2 well found oil in six horizons and gas in five zones at depths of 3310 to 7100 ft. It is currently suspended. The drilling of the Qua Ibo - 3 appraisal well began in the fourth quarter of 2008 and was completed in 2009, at which point it was also suspended. The primary objective of Qua Ibo - 3 was to determine if oil seen in the deeper D 5.0 zone in wells Qua Ibo - 1 and Qua Ibo - 2 was from one continuous pool linking the two wells. The appraisal confirmed that the D 5.0 zone is compartmentalized by a fault and that the two wells are in separate independent fault blocks.

Proposed Structure of the Acquisition

The Heads of Agreement provides a framework of terms and conditions for the Acquisition which OER and Oando intend to use as the basis for a definitive agreement ("Definitive Agreement"). The parties have agreed to negotiate exclusively with each other and in good faith and use their reasonable efforts to negotiate a Definitive Agreement to give effect to the Acquisition on or prior to February 28, 2013, or such other date as may be agreed to in writing by the parties.

As previously disclosed, pursuant to the Referral and Non-Competition Agreement dated July 24, 2012 between OER and Oando, OER is entitled to a right of first offer for certain interests or options acquired by Oando and the Qua Ibo Field is such an interest. Pursuant to the terms of the Referral and Non-Competition Agreement and the Heads of Agreement, the purchase price for the Acquisition to be paid by OER will consist of all of the properly documented and commercially reasonable expenses incurred by Oando up to the closing date of the Acquisition solely in connection with its acquisition of the Qua Ibo interest, plus an administrative fee of 1.75%. If the Acquisition were to close on the date hereof, the purchase price would be approximately US$11.6 million.

OER may, subject to market conditions, complete a financing to raise funds for the Acquisition and subsequent development. Completion of the Acquisition is subject to a number of conditions including the completion of satisfactory due diligence, execution of a Definitive Agreement, approval of the TSX and other securities regulatory authority approvals, as applicable. OER has formed a special committee of independent directors to evaluate the Acquisition. There can be no assurance that the Acquisition will be completed as proposed or at all.

About Oando Energy Resources Inc.

OER currently has a broad suite of producing, development and exploration properties in the Gulf of Guinea (predominantly in Nigeria) with current production of approximately 4,500 barrels of oil per day. OER has been specifically structured to take advantage of current opportunities for indigenous companies in Nigeria, which currently has the largest population in Africa, and one of the largest oil and gas resources in Africa.

Forward Looking Statements:

This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. In particular, this news release contains forward-looking statements relating to the intended Acquisition.

Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that such statements and information will prove to be correct. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties.

Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to: risks related to international operations, the actual results of current exploration and drilling activities, changes in project parameters as plans continue to be refined and the future price of crude oil. Accordingly, readers should not place undue reliance on the forward-looking statements. Readers are cautioned that the foregoing list of factors is not exhaustive.

Additional information on these and other factors that could affect the Company's financial results are included in reports on file with applicable securities regulatory authorities and may be accessed through the SEDAR website (http://www.sedar.com) for the Company. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

For further information:
Pade Durotoye, CEO
Oando Energy Resources Inc.
+44-207-793-2594

Tokunboh Akindele
Head Investor Relations
Oando Energy Resources Inc.
+1-403-560-7450
aakindele@oandoenergyresources.com

Jeremy Dietz/David Feick
Investor Relations
+1-403-218-2833
jdietz@equicomgroup.com
dfeick@equicomgroup.com









Ozzy Bosco, The Youngest Superstar in Africa


Download Now
http://www.mp3naija.com/music/mp3/2938

The youngest superstar in Africa is this five year old hip hop sensation in Nigeria, Oziomachukwu Favour Mojekwu aka OZZY BOSCO, a multifaceted child prodigy who also makes straight As in school. And he is so cute! Wow! Watch out for this kid at the top of the world!

His management says:
His overwhelming potentials are better seen than imagined., He is naturally gifted in many areas; singing, Dancing, Comedy, Fine Arts etc. At the age of four he won “Best Entertainer Trophy” Season 7, Kids got talent competition in 2011. At Chrisland
Schools where he is in Nursery Two, OZZYBOSCO is among the best not just in his class but in the entire school, both in Academics and Athletics. He has won medals in track & Field competitions and in march 2012, he bagged the school’s Merit Award certificate for “Most Creative Pupil” in his class. This new kid on the block is not just a Talented, Innocent, Pretty-face, but a classic Entertainer. Ozzy is Brainy, Bold, Charismatic, Caring and Loving. He is the Baby of the house and Blessed with loving and supportive family who have vowed to leave no stone unturned in ensuring that his talents are nurtured to the fullest. With God Almighty heading his careers, a doting family and great fans out there; watch out, as “The Youngest African Superstar” blossoms to the top of the Entertainment Industry.

Check out his debut single “Superstar” featuring LAMBOGINNY and produced by the famous YEMI SAX.










Monday, September 17, 2012

Online Video Mastery for Agencies and Marketing Firms



Video, video, video. It's now the #1 priority of brands both large and small. Many of these companies turn to agencies and marketing firms to help them deliver video. And that's the problem. The online video world is not the broadcast media world: the rules, the venues, and the outcomes are radically different. In today's business environment, there's just no room to make mistakes. The good part is that online video can produce results - dramatic results.

If you're blowing your clients' budgets on over-production and grey-hat media buys, stop now and learn how to do it the right way. Please join us for our webinar, "Online Video Mastery for Agencies and Marketing Firms - YouTube, Vimeo, and All Points in Between."

In this webinar you will learn:

How online video market dynamics differ from traditional media
Which metrics matter and how they fit into an effective analytics strategy
Best ways to avoid ineffective, costly, and questionable view-generation scams
Why integration with PR can dramatically extend reach while amplifying frequency
When media buys are most effective for both impact and economics
The webinar will stream live on Wednesday, September 19 at 12:30pm (ET).
 http://pixvid.tv/RQeaBz











The Dow Jones Credit Suisse Hedge Fund Index Finished Up 0.84% in August


The Dow Jones Credit Suisse Hedge Fund Index Finished Up 0.84% in August

NEW YORK, Sept. 17, 2012 /PRNewswire/ -- The Dow Jones Credit Suisse Hedge Fund Index (the "Broad Index") finished up 0.84% for the month of August.
(Logo: http://photos.prnewswire.com/prnh/20091204/CSLOGO )

Performance for the Broad Index and its 10 sub-strategies is calculated monthly. August, July and YTD 2012 performance numbers are listed below and are available at www.hedgeindex.com.

Index
Aug-12
Jul-12
2012 YTD
Broad Index
0.84%
1.42%
4.52%
Convertible Arbitrage
0.44%
0.86%
5.44%
Dedicated Short Bias
-4.25%
-0.44%
-14.32%
Emerging Markets
0.84%
0.96%
3.88%
Equity Market Neutral
1.25%
-0.40%
-0.53%
Event Driven
1.18%
0.74%
5.43%
   Distressed
0.88%
0.95%
6.39%
   Event Driven Multi-Strategy
1.32%
0.66%
5.00%
   Risk Arbitrage
0.52%
-0.51%
0.60%
Fixed Income Arbitrage
1.02%
1.62%
7.47%
Global Macro
0.38%
2.14%
2.67%
Long/Short Equity
1.51%
0.55%
4.33%
Managed Futures
-1.55%
4.68%
1.52%
Multi-Strategy
1.36%
1.28%
7.37%
 
There were no funds added or dropped from the Dow Jones Credit Suisse Hedge Fund Index in August.
The Dow Jones Credit Suisse family of hedge fund indexes includes:

1.   The Dow Jones Credit Suisse Hedge Fund Index, an asset-weighted benchmark that seeks to measure hedge fund performance and provide the most accurate representation of the hedge fund universe.

2.   The Dow Jones Credit Suisse Core Hedge Fund Index, an investable, asset-weighted hedge fund index that seeks to provide broad representation of the liquid, investable hedge fund universe with limited platform bias. The index reflects the performance of managed accounts and other regulated fund structures sourced from across a range of platforms.

3.   The Dow Jones Credit Suisse AllHedge Index, an investable index comprised of all 10 Dow Jones Credit Suisse AllHedge Strategy Indexes weighted according to the sector weights of the Broad Index.

4.   The Dow Jones Credit Suisse Blue Chip Hedge Fund Index, an investable index comprised of 60 of the largest funds across the ten style-based sectors in the Broad Index.

5.   The Dow Jones Credit Suisse LEA Hedge Fund Index, an asset-weighted, composite index which provides insight in to three specific regions of the emerging markets hedge fund universe (Latin America, EEMEA (Emerging Europe, Middle East and Africa) and Asia).

Additional information about the Dow Jones Credit Suisse Hedge Fund Indexes -- including research, fund performance and constituent fund information -- can be found at http://www.hedgeindex.com.

About S&P Dow Jones Indices
S&P Dow Jones Indices LLC, a subsidiary of The McGraw-Hill Companies is the world's largest, global resource for index-based concepts, data and research. Home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average, S&P Dow Jones Indices LLC has over 115 years of experience constructing innovative and transparent solutions that fulfill the needs of institutional and retail investors. More assets are invested in products based upon our indices than any other provider in the world. With over 830,000 indices covering a wide range of assets classes across the globe, S&P Dow Jones Indices LLC defines the way investors measure and trade the markets. To learn more about our company, please visit www.spdji.com.  

About Credit Suisse AG
 
Credit Suisse AG
Credit Suisse AG is one of the world's leading financial services providers and is part of the Credit Suisse group of companies (referred to here as 'Credit Suisse'). As an integrated bank, Credit Suisse offers clients its combined expertise in the areas of private banking, investment banking and asset management. Credit Suisse provides advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as to retail clients in Switzerland. Credit Suisse is headquartered in Zurich and operates in over 50 countries worldwide. The group employs approximately 48,200 people. The registered shares (CSGN) of Credit Suisse's parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.

Asset Management
In its Asset Management business, Credit Suisse offers products across a broad spectrum of investment classes, including hedge funds, credit, index, real estate, commodities and private equity products, as well as multi-asset class solutions, which include equities and fixed income products. Credit Suisse's Asset Management business manages portfolios, mutual funds and other investment vehicles for a broad spectrum of clients ranging from governments, institutions and corporations to private individuals. With offices focused on asset management in 19 countries, Credit Suisse's Asset Management business is operated as a globally integrated network to deliver the bank's best investment ideas and capabilities to clients around the world.
All businesses of Credit Suisse are subject to distinct regulatory requirements; certain products and services may not be available in all jurisdictions or to all client types.

Copyright 2012, CREDIT SUISSE GROUP AG and/or its affiliates.  All rights reserved.

Certain information contained in this document constitutes "Forward-Looking Statements" (including observations about markets and industry and regulatory trends as of the original date of this document), which can be identified by the use of forward-looking terminology such as "may", "will", "should", "expect", "anticipate", "target", "project", "estimate", "intend", "continue" or "believe", or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties beyond our control, actual events, results or performance may differ materially from those reflected or contemplated in such forward-looking statements. Readers are cautioned not to place undue reliance on such statements. Credit Suisse has no obligation to update any of the forward-looking statements in this document.
 
This document was produced by and the opinions expressed are those of Credit Suisse as of the date of writing and are subject to change without obligation to update. It has been prepared solely for information purposes and for the use of the recipient. It does not constitute an offer or an invitation by or on behalf of Credit Suisse to any person to buy or sell any security. Any reference to past performance is not a guide or indicator to future performance. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable but Credit Suisse does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof.
 
"Dow Jones®" and "The Dow Jones Credit Suisse Hedge Fund Indexes" are service marks of Dow Jones Trademark Holdings LLC ("Dow Jones"), and Credit Suisse Group AG, as the case may be, and have been licensed for use by Credit Suisse Index Co., LLC and S&P Dow Jones Indices LLC. S&P is a registered trademark of Standard & Poor's Financial Services LLC ("S&P"). It is not possible to invest directly in an index. S&P Dow Jones Indices LLC, Dow Jones, S&P and their respective affiliates, parents, subsidiaries, directors, officers, shareholders, employees and agents (collectively "S&P Dow Jones Indices") do not sponsor, endorse, sell, or promote any investment fund or other vehicle that is offered by third parties and that seeks to provide an investment return based on the returns of any index.  This document does not constitute an offer of services in jurisdictions where S&P Dow Jones Indices or its affiliates do not have the necessary licenses. S&P Dow Jones Indices receives compensation in connection with licensing its indices to third parties.
 
SOURCE Credit Suisse AG
CONTACT: Credit Suisse: Katherine Herring, Corporate Communications, +1-212-325-7545, katherine.herring@credit-suisse.com or S&P Dow Jones Indices: Dave Guarino, +1-212-438-1471, dave_guarino@spdji.com
Web Site: http://www.credit-suisse.com