Wednesday, 26 November 2014

CBN Communique No. 98 of the MPC Meeting of 24th and 25th November, 2014.



The MPC’s decision
  1.  Increase the MPR by 100 basis points from 12.00 to 13.00 per cent.
  2.  Increase the CRR on private sector deposits by 500 basis points from 15.00 to 20.00 per cent with immediate effect.
  3.  Move the midpoint of the official window of foreign exchange market from N155/US$ to N168/US$.
  4. Widen the band around the midpoint by 200 basis points from +/- 3 per cent to +/- 5 per cent. 
  5.  Retain public sector CRR at its current level of 75.00 per cent.
  6.  Maintain a symmetric corridor of +/- 200 basis points around the MPR.
  7. Retain the net open foreign exchange trading position at 1.00 per cent.

The full communique is here

Tuesday, 25 November 2014

IS lT WORTH IT?



Is it worth it?

The most important question of aII. Is it worth it?

My efforts, tears, pains etc. Is it really worth it?

Am I just being pushed by my foolishness?

Is it my pride?

Their expectations of me? 

 What they'll think or say if I don't continue?

Is it really worth it?

If it's not worth it, Just Let it go.

Sometimes it's best to let go.

BUT! If it's worth it,

Break Down Every Wall, Put In Every Effort and Get It Done!

This is what I call 'FULFILMENT'

By Ikenna (iqqimagnate)

Chief (Mrs) H.I.D Awolowo is 99 today happy birthday great mama

A very happy 99th birthday to Chief (Mrs) H.I.D Awolowo, celebration of long life.

Monday, 24 November 2014

Whatever you choose to be. | © Fola Daniel Adelesi



Back then in my secondary school (Mayflower School, Ikenne), we sang so many inspiring songs and one of them carries the title of today’s article. Some of us believed those songs so much that we got inspiration from them when we had our down times. Upon hearing the news about Dr. Myles Munroe’s death, I began to think and eventually got myself together to write about some of the things we can take away from his life.

The song says:
‘You can become whatever you choose to be.
No king, no lord, no knave can say us nay
For we believe that man is a potential doctor,
Lawyer or cook or dwarf or giant… whichever
He sets his mind to be… we shall be giants
And therefore we shall work, and work and work and work…
Even if we must work. Work our fingers to the bone… so may it be.

The song perfectly describes the life of this great man who was born into a poor family with at least eleven children. They had nothing yet he rose to become something. Who would have imagined that a poor boy from a small country called Bahamas would be so famous that people all over the world and government leaders will be shocked by his death?

I think he could have held unto the fact that his family was so poor and there was not much he could do about that. I call it a fact because whatever you believe about yourself, even if it is not true, over time will become a fact. He looked beyond the poverty of his family and made something meaningful out of his life.
What about those other people who were born into the same situation as he was. There are so many of them out there who are older than him today. They got better opportunities and still did not see the light in them. They held unto the background that they were born into. They kept talking about how poor their parents were and how they did not get the best connections in life.

Sunday, 23 November 2014

The Artist

I like encouraging people. I believe strongly that once there is life, there is A BIG hope.  I write this, not to you only but most importantly to myself.

I was thinking about the ARTIST; I listen to music, I watch movies, I listen to jokes, I read blogs, I listen to news and entertainment generally. My reaction to all these is laughing, smiling, sometimes flooded with euphoria, frowning, screaming, crying etc. depending on what it is I am reading, listening to or watching. I can either stay glued to any of them that captivate me and get entertained, or walk away if I am disappointed ( I feel they are not interesting). 

The next thing is for me to start applauding or castigating (ah this one cannot even sing, see his cockroach voice, which kind makeup be this for this actress face, na who even write this foolish movie or book sef?) the blame can go on and on. I concentrated on the blame game because it’s easier and common. 

I visit the blogs to read the comments and put my comments as well. I never thought that the artist that my castigating team and I insulted on the blogs went to the blogs too, read all the comments, picked the ones that can help him improve on his skills, although he felt bad by some of the comments and also happy by the few ones that saw his light. He went back to strategize and came back stronger.

I saw him again and I said wow, this is what we are talking about, kudos to you my guy, my team also said congratulations to him but of course some of the bad belles are still there ( they are actually

Friday, 21 November 2014

Nuggets for you

  • You do not always have to know when you are going to get to your goal, or how you are going to get to your goal, but you do need to take the next step.
  • Have the courage to say no. Have the courage to face the truth. Do the right thing because it is right. These are the magic keys to living your life with integrity.
  • We often take for granted the very things that most deserve our gratitude.
  • Be thankful for what you have, you will end up having more. If you concentrate on what you don't have, you will never, ever have enough.
Solid Digest

Tuesday, 18 November 2014

When you suck the orange | © Fola Daniel Adelesi



Many of us have at one time or the other taken oranges. A few others may have the habit of always taking fruits and the orange may just be one of your regular fruits. Have you ever stopped for once to consider what you are doing to that orange that’s giving you all its content to enjoy? Think about it. You put some pressure on that orange and it gives you what it has on the inside.

The first thing you do is to peel with a knife or some other sharp objects. As you peel the orange it does not bleed. It just shows you some beauty already covered up. Rather than being destroyed it shows you another part of itself. After the peeling you