CaptainEColeJnr's Posts
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TheSonOfMark my homie ![]() Ensure you trend mimzy... trend it to victory ... we'll solidly behind her |
emerald16:Oh.. sorry mademoiselle ![]() Comment vas tu jolie? Et n'oublie pas de leur dire que je vais les appeler demain martiin ![]() You can manage without 2013... ![]() |
emerald16:Jeez! Sorry man.. my phone got faulty so I'm currently using an old phone ans the camera is very poor. |
IamLukas:Cool... at least you get enough time to read. Lucky you" |
OCcool:How do I describe it na? It's somewhere in the interior of the school .. you'll need to take a shuttle to get there.. just about 100 metres from Engineering Faculty.. (if I'm not mistaking) |
JY01:I wish I was in Lagos now.. the journey would have been easier .. I have to begin a 13 hour journey from Kano .. well I'm used to long journeys anyway Goodluck to those writing on Monday ... |
Rexyblaze:That's where I wrote last year.. ![]() Very cool venue .. AC dey there incase your brain start dey hot ![]() |
JY01:Baba.. ask no further .. You should be able to smell the testerone na.. Can't you smell the engine? All the Engine boys are writing on Wednesday ![]() Keep it real... till we meet bro |
IamLukas:Yeah bro.. I'm writing on the 29th (Wednesday) at the Library .. yours? |
Sermwell:OK.. I go try ![]() |
adetolaninelson:Dude ![]() Thermodynamics is an engineering course.. I'm still a jambite for now. I'm not studying engineering presently biko. Chai |
greenpasture:I disagree with some part of your analysis. BrExit is supposed to bring more trade with Africa.. but a nation like the UK where 50% of it's export and 70% of it's import are to and from the EU. It will definitely be a huge task in breaking away their ties with the EU. Now they have decided to leave,the next step will be to re-strenghten their already falling currency.. this will only be achieved by diplomatic talks with big economies like the US,Germany, China who wanted the UK to remain in the EU.. I predict a decline in trade volume between the UK and Africa—this can only be prevented by achieving close international ties with the UK if Nigeria do not wanna be affected. |
JY01:Of course bro ![]() |
Sermwell:Nah.. I'm a science students .. I applied for Chemical Engineering ![]() |
I have a feeling my name will be on merit list .. ![]() Because I mixed faith+hardwork=Success. Wishing we all Success by God's grace. Remember to check your date and venue tomorrow .. I'd like to know who'll be writing on Monday .. talk about the Social Sciences students |
una just dey view?Shey this was the question y'all were asking .. see it here na |
Sermwell:Wow.. cool"! So are you also a law student? Or you're just snooping on them ![]() |
ForeverYoung197:LOL None of the above ma'am. But I'm an "Information seeker" ![]() |
KENYA Kenya’s cut flowers Kenya faces capital flight as investors seek safe havens like US treasuries, falling exports, and pressure on the Kenyan shilling. “It’s going to affect all of us and there’s no insurance, no position we can take to maneuver ourselves to be in a better position,” central bank head Patrick Njoroge,said last month of the possibility of the UK leaving the EU.For now, the bank says it is prepared to handle any shocks with foreign reserves of 560 billion Kenyan shillings($5.6billion), enough to cover five months of imports. Still, a weaker Kenyan shilling will make imports more expensive for a country whose import bill has been increasing more than 10% a yearover the last five years. One of Kenya’s top exports, cut flowers, could suffer, according to the Kenya Flowers Association. Over a third of the EU’s cut flower imports come from the EastAfrican country. And the UK and the Netherlands, another country threatening to leave the EU, are the top destinations for Kenyan exports, mainly flowers. If at rade deal between the East African Community and the EU is stalled because of Brexit, Kenya would be looking at a loss of 4 billion Kenyan shillings a month, according to the association. Renegotiating trade deals is likely to “create more uncertainty for Kenyan exports,” according to Khan of Standard Chartered. Falling demand as a result of a slowdown or return to recession in the UK and the EU would also be bad for Kenyan trade.But it’s not all bad news. Kenya’s ties with Britain are deep and longstanding so bilateral trade and investment are likely to continue. In some ways Kenya could even benefit, according to some analysts. The UK may be eager to establish bilateral ties afterleaving the EU, giving Kenya leverage. The end of “British Outwardness” Other countries on the continent are bound to be affected as well. In Egypt, the main stock index fell 1.3%, with investors worrying about a loss of British investment and demand for Egyptian exports. The central bank of Mauritius issued a statement today (June 24th) that it had raised its reserves of gold and US dollars to reduce exposure to the pound. “Should the need arise, the bank stands ready to take measures as appropriate to protect the best economic interests of Mauritius in the circumstance,” theregulator said. Analysts question how Brexit will affect the EU’s support of agricultural subsidies, which critics say have hurt African farmers. The UK has been one of the bloc’s most staunch opponents of these subsidies. African countries may also have less access to international capital markets and big infrastructure projects may have to be put on hold, according to Khan.More broadly, analysts from Brookings Institution worry about how Brexit will affect the UK’s overall engagement with Africa. As head of the G8 last year, the UK pledged to double aid to Africa. The UK has been the largest funder to IDA17, the World Bank’s concessional borrowing program.The think tank concluded ina blog post, “Perhaps the biggest impact of the Brexiton Africa would be the end of British “outwardness”—the country’s concern with and responsiveness to global development issues.” |
NIGERIA Nigeria: bad timing Britain’s exit from the EU couldn’t have come at a worst time for Nigeria, Africa’s largest economy. At a time when the government is trying to fix an economy on the brink of a recession by removing strict currency controls and also liberalizing oil prices, the immediate effect of Brexit will test the nerves of Nigeria’s economic managers as global markets plummet. Bilateral trade between Nigeria and the UK,currently valued at £6 billion(about $8.3 billion) and projected to reach £20 billion by 2020, will be disrupted as trade agreements made under the auspices of the EU have to be renegotiated. “For Nigeria, global risk aversion as well as a softer oil price is likely to mean that new portfolio inflows are slow to materialize,” says Khan. “This may delay the normal functioning of the newly liberalized FX market. ”Data from the National Bureau of Statistics shows that the UK was Nigeria’s largest source of foreign investment in 2015.A slowing British economy and its reverberating effects could signal a drop in investment, trade, and also remittances from the Nigerian diaspora who sent home $21 billion in 2015.Reduced trade and investment from Britain willnot necessarily be plugged by the rest of the EU, say Lagos-based economist Tunji Andrews. “The EU will be looking to strengthen it’s internal ties, plus there’s cheaper oil from Iran, cheaper labor from China and the eastern block. There’s really nothing we have as a competitive advantage to them right now.”Brexit is already fueling other independence campaigns. Within hours of the vote, leaders in France and Holland, Italy and Denmark called for their own referendums on leaving the EU. This sentiment is shared in southeast Nigeria as well, where government forces have spent much of the past year quelling violent protests by activists advocating for the secession and establishment of an independent country called Biafra. Having already called for a referendum earlier in the year, pro-Biafra activists may now be further emboldened.
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Brexit will be terrible for Africa’s largest economies Lily Kuo&Yomi Kazeem Quartz africaTime to go.(Reuters/Reinhard Krause) Now that the United Kingdom has voted to leave the European Union, African economies—already struggling from slowing demand from China and flat commodity prices—have now been thrown into confusion along with the rest of the world. “Many emerging market and frontier asset markets will come under pressure,” Razia Khan, chief economist for Africa for Standard Chartered Bank, tells Quartz. “Much will depend on how quickly someΠ sort of financial market stability can be restored.”The UK’s minister for Africa and advocate for leaving, James Duddridge, has promised that relations with the continent would only improve without the burden of the EU, but Africa’s largest economies are still likely to suffer. SOUTH AFRICA South Africa’s rand and trade. South Africa’s already battered economy may be the worst affected by Britain’s exit. As it became clear that the UK vote had swung toward leaving, the rand plunged during early morning trading, becoming the worst performing currency after the British pound. As of mid-morning the rand had fallen more than 7%, its steepest single-day decline since the 2008 financial crisis. Along with their peers on the London Stock Exchange,major South African companies dual-listed in London and Johannesburg are being hammered. South Africa’s close financial ties to the UK could be a problem—British banks’ claims on South African entities account for 178% of South Africa’s foreign currency reserves, according to analysts from UniCredit.Economists also worry that trade between Africa’s most industrialized economy and the UK will suffer. (The UK is the fourth largest destination for exports from the country, accordingto data from Bloomberg.) Economists at the South African university, North-West, have said Brexit could take 0.1 percentage points off the country’s annual economic growth, which already contracted 1.2%in the first quarter of this year.
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JY01:Baba ![]() Haba na.. Na just question I ask na ![]() Ko ba haka ba ne? ![]() |
Smellymouth:Haha Baba.. we all know it's Mimzy or Mimzy If Mimzy no win, na im be sey na Mimzy go win ![]() We're all turning up tomorrow ![]() |
Temtopy:How many hours is Lagos to Benin? |
Sermwell:I hear sey those Law girls dey fine well well .. na true? ![]() |
Swazzkid:Oga Don't worry about us.. we go calculate anything calculable. Uniben will never give us questions that can't be calculated manually. Kapisch? |
Sermwell:Dem don hear! |
Adaure4ever:Mumu And you're. a Nigerian ... see as you dey curse yourself and your entire family .. SMH |
princey83:Good analysis The agitation to leave the EU further worsened due to the migrant crisis of Syria and other Arabs flooding to the UK,Germany and other countries. This is the beginning of the downfall of the EU.. other nations are also considering leaving .. e.g. Italy, France and the Netherlands. This I feel, is a good decision made by Britons. But it's consequences are there but will be overcomed in a short term |
emerald16:Unfortunately .. I don't have the soft copy/PDF version of it. It's just the hardcopy |






