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 Business › How To Make Money As A Ghostwriter by dexyking(op): 10:56pm On Apr 13, 2019 |
Ghostwriting is basically a phenomenon in which a writer is contracted to work on a writing project which they do not take the credit for. Sometimes, a ghostwriter absolutely handles a writing project alone. Other times, they write alongside the person that gets credited for the writing project. Well, irrespective of how the writing project is carried out, a ghostwriter never gets credited as the author of a book. The major aim of a ghost writer is to express the feelings of their clients in the right words. There are various types of ghostwriting. Some are very well known, others are not. Some of the most popular types of ghostwriting include: Books proposal Lifestyle books Business books Speeches Social media posts Blog posts What is Ghostwriting? Difference between Ghost Writing and Co-Authoring? Ghostwriting differs from co-authoring because a co-author unlike a ghost-writer gets good credit for some of the work done. In as much as getting the credit for work done is one of the major differences between ghostwriting and co-authoring, there are other significant differences. As a ghostwriter, you simply write to follow instruction, you have no say in the direction the book being written takes. Well, unlike a ghost-writer, a co-author has read more on what is ghostwriter here https://greenedudigital.com/what-is-ghostwriting/ |
| Jobs/Vacancies › Graduate Needed For Immediate Employment by dexyking(op): 10:43am On Aug 30, 2018 |
if you are a graduate and you can teach send your cv to greenedunigeria@gmail.com 1 Like |
| Business › Europe Is Sending African Migrants Home. Will They Stay? – THE ECONOMIST by dexyking(op): 8:51am On Mar 30, 2018 |
ONCE considered the smartest hangout in town, the Benin Plaza motel in southern Nigeria’s Benin City has seen better days. Its chalet-style rooms are normally empty, and the Moat Bar, which promises “groovy nights and exotic cocktails”, has fallen into disrepair. For the Plaza’s recent influx of guests, though, the motel is the first comfortable night they have had in rather a long time. Requisitioned by the government for migrants repatriated from Libya, it offers new arrivals free accommodation for a few days while they find their feet. The repatriation programme is part of a joint UN and EU effort to stem the flow of migrants to Europe. It encourages those who have made it to Libya to go home voluntarily, rather than risk a rickety boat across the Mediterranean. People who turn back get a free flight—cutting out the need for a perilous return journey across the Sahara. The programme, launched in December 2016, repatriated some 15,000 migrants to various west African countries in its first year. Most of them were in squalid Libyan detention centres or destitute on the streets of Tripoli. This barely scratches the surface. The International Organisation for Migration (IOM), part of the UN, has registered more than 400,000 migrants in Libya, but it reckons there are between 700,000 and 1m of them in the country. Read now FMDQ February turnover rises to N12.56trn Nigeria’s repatriation scheme did not start until late last year. But it proved timely. In November video emerged showing Nigerian and other African migrants being sold for the equivalent of $400 each in what appeared to be Libyan slave markets. The chilling footage, and interviews with rescued migrants, spelled out some of the risks of the crossing far better than any government-run campaign could. About 3,000 Nigerians have been brought home and another 15,000 are expected by June, says Solomon Okoduwa, an adviser to Godwin Obaseki, the governor of Edo state, of which Benin City is the capital. Those who return are given 100,000 naira ($278) to tide them over for the first three months, and training on how to start their own businesses. Options include fashion design, hairdressing and farming on land set aside by the state. The Nigerian leg of this programme is funded by Edo state, but Nigeria is one of 14 African countries sharing a €140m reintegration package from the EU’s Emergency Trust Fund for Africa. This €3.2bn pot, set up in 2015, gives African states money and help in resettling migrants returning from Europe and Libya in exchange for trying to stop illegal migration at its source. A study released earlier in March by Pew, a think-tank, estimated that at least 1m sub-Saharan Africans moved to Europe between 2010 and 2017. Many of them are Nigerian. Of those flown home from Libya by the IOM, the great majority are from Edo, says Mr Okoduwa. The state has a long tradition of migration, much of it by illegal means. In the late 1980s local women who went to Italy as tomato-pickers found they could earn more as prostitutes.<<<read more>>>>http://forexpot.com/europe-is-sending-african-migrants-home-will-they-stay |
| Health › If You Have Not Been Eating Guava Start Eating It Now by dexyking(op): 9:36am On Nov 15, 2017 |
Guava is a very common type of fruit but it is often neglected because of its hardness & presence of seeds. There are several health benefits that come from eating guava. Guavas are available in various varieties such as the Strawberry, Chinese, Apple, Lemon, and Mountain Guava. They are available all the year round in tropical regions. Guavas which have red skin such as Thai maroon skin are more nutritious than Green Apple guavas. When it gets ripe, the skin of the guava turns from green to yellow, their flesh softens and they begin to develop a fragrant fruity aroma. When purchasing guavas, ensure you choose fresh fruits with their skins intact, they should not have any cuts, bruises or patches. Guava has great medicinal properties. This fruit contains sugars, vitamins and minerals. It is very rich in vitamin C and also contains carotene and antioxidants that are beneficial for a healthy skin. They are can be used in cooking as an ingredient in both savory and sweet dishes. The juice gotten from Guava is also very refreshing Health Benefits of Guava fruit: 1. The fruit is rich in Vitamin C Guava contains Vitamin C which helps to protect the body cells and also reduce cancerous damage to them. continue reading it here https://healthhotlead.com/health-benefits-of-guava-for-the-skin/ |
| Jobs/Vacancies › Content Writers Needed by dexyking(op): 6:18pm On Sep 21, 2017 |
if you want to earn money writing, send an email to ekpohope@gmail.com |
| Jobs/Vacancies › Infographics Designers Needed by dexyking(op): 4:42pm On Jul 08, 2017 |
if you are a good graphic designer and you can design a professional infographics and also can deliver on time please send an email to ekpohope@gmail.com |
| Jobs/Vacancies › Writers Needed by dexyking(op): 5:33pm On Jul 07, 2017 |
A prolific writer is needed Interested persons should send an email to ekpohope@gmail.com with copies of previously written articles if any. Thank you |
| Jobs/Vacancies › A Writer Is Needed by dexyking(op): 7:52am On Sep 26, 2016 |
if you are a writer and you want to write for us. kindly reply to this email. greenedunigeria@gmail.com. |
| Jobs/Vacancies › Vacancy For Programme Manager At The British Council. by dexyking(op): 11:00am On Aug 12, 2016 |
Latest Job: Vacancy for Programme Manager at The British Council. The British Council is the world's leading cultural relations organization and creates opportunities for people in the UK and worldwide to understand each other, to work together and learn from one another. We see this as crucial to building secure, more prosperous and sustainable futures for us all. We build trust and understanding between different countries and cultures and develop strong international links that are of benefit to people in Britain and the rest of the world. Job Title: Programme Manager Lagos (although Abuja will be considered if the preferred candidate is in Abuja) Directorate or Region: Sub Saharan Africa (Nigeria) Department/Country: Programmes/Nigeria Pay Band: 7 Reports to: Director, Arts Duration of job: Fixed Term (One Year) Purpose of Job Working with Director Programme and Business Unit Director(s), successfully lead delivery of a programme portfolio through oversight of project management team and processes, coordination across the various projects and the management of interdependencies. Context and Environment The British Council creates international opportunities for the people of the UK and other countries and builds trust between them worldwide. Our work is spread across works three strategic business areas as follows: Arts, English, Education and Society. Programme development, management , evaluation and reporting: Work with Business Unit Director , Dir read more http://www.greenedunigeria.com/jobs/latest-job-vacancy-programme-manager/ |
| Education › Princeton Scholarship In USA by dexyking(op): 10:42am On Aug 12, 2016 |
2017-2020 Princeton Society of Fellowship in the Liberal Arts, USA The Princeton Society of Fellows, an interdisciplinary group of scholars in the humanities, social sciences, and selected natural sciences, invites applications for the 2017-2020 Fellowship competition. Four three-year Postdoctoral Fellowships will be awarded this year. The stipend for each of the three years of the fellowship will be approximate $84,500. In addition, fellows are provided with a shared office, a personal computer, a research account of $5,000 a year, access to university grants, benefits and other resources. Fellows are expected to reside in or near Princeton during the academic year in order to attend weekly seminars and participate fully in the intellectual life of the Society. Course Level: Fellowships are available for pursuing the postdoctoral program. Study Subject: Four fellowships will be awarded: Open Fellowship in any discipline represented in the Society Fellowship in Humanistic Studies Fellowship in LGBT Studies Fellowship in Race and/or Ethnicity Studies Scholarship Award: The stipend for each of the three years of the fellowship will be approximate $84,500. In addition, fellows are provided with a shared office, a personal computer, a research account of $5,000 a year, access to university grants, benefits and other resources. Scholarship can be taken in the USA Eligibility: To be eligible for the fellowship an applicant must: PhD degree requirements. Please note the Society’s dates of degree eligibility. These are firm dates with no exceptions: Candidates already holding the PhD degree at time of application: You must have received your degree between January 1, 2015, and September 15, 2016. The receipt of the PhD is determined by the date on which you fulfilled all requirements for the degree at your institution, including the defence and filing of the dissertation. Candidates who are ABD (All But Dissertation) at time...<<<read more by clicking below>>> http://www.greenedunigeria.com/scholarship/princeton-society-fellowship-liberal-arts-usa/ |
| Nairaland General › Vacancy In A Worldclass Manufacturing Firm by dexyking(op): 5:57pm On Aug 08, 2016*. Modified: 11:49am On Aug 09, 2016 |
Latest Job: Vacancy in an Indigenous Manufacturing Company for Marketing Executives. Trithel International Consulting Limited – A progressive, indigenous manufacturing company seeks to employ a hard working and self-motivated individual as Marketing Executives...>>>>To read more, click the link below....>>>>>> http://www.greenedunigeria.com/jobs/latest-job-vacancy-indigenous-manufacturing-company/ |
| Jobs/Vacancies › Vacancies At Etisalat Nigeria by dexyking(op): 5:12pm On Aug 08, 2016*. Modified: 11:43am On Aug 09, 2016 |
Etisalat Nigeria recruitment for Entry Level Analysts, August 2016. Etisalat’s vision is a world where people’s reach is not limited by matter or distance; a world where people will effortlessly stay in touch with family and friends; a world where businesses of all sizes can reach new markets without the limitations of distance and travel. Etisalat Nigeria is recruiting to fill the vacant job position below...>>>>To read more,click on the link below....>>>> http://www.greenedunigeria.com/jobs/latest-job-etisalat-nigeria-recruitment-entry-level-analysts-august/ |
| Jobs/Vacancies › Vacancies At Airtel Nigeria by dexyking(op): 5:01pm On Aug 08, 2016 |
Airtel Nigeria (Airtel Networks Limited), a leading mobile telecommunication services provider in Nigeria and a member of Airtel Africa Group, is committed to providing innovative, exciting, affordable and quality mobile services to Nigerians, giving them the freedom to communicate, rise above their daily challenges and drive economic and social development...>>>> To read more, click the link below...>>>> http://www.greenedunigeria.com/jobs/latest-job-vacancy-airtel/ |
| Jobs/Vacancies › Vacancy For A Mechanical Engineer by dexyking(op): 4:53pm On Aug 08, 2016 |
Latest Job: Vacancy for a Mechanical Engineer at Compact Manifold & Energy Services (CMES). Compact Manifold & Energy Services (CMES), provides services to the oil & gas industry including engineering, procurement, construction, fabrication and installation both on shore and offshore. Our comprehensive suite of services has been specifically designed to make your job easier while maintaining a high degree of safety and quality....>>>To read more, click the link below....>>>> http://www.greenedunigeria.com/jobs/latest-job-vacancy-mechanical-engineer-compact-manifold-energy/ |
| Nairaland General › Nnpc/shell Undergraduate Scholarship 2016 by dexyking(op): 3:40pm On Aug 06, 2016 |
NNPC/Shell Undergraduate Scholarship Awards – 2016. Nigerian National Petroleum Corporation/Shell Nigeria Exploration and Production Company undergraduate scholarship awards for qualified Nigerian students of all the states of the Federation for the 2016/2017 academic year. The Nigerian National Petroleum Corporation/Shell Nigeria Exploration and Production Company is opening up a National University Scholarship which aim is to promote academic excellence and improve the skills of young Nigerians...>>>>To read more/apply, click the link below>>>>... http://www.greenedunigeria.com/scholarship/nnpcshell-undergraduate-scholarship/ |
| Nairaland General › Latest UNILAG News. by dexyking(op): 3:26pm On Aug 06, 2016 |
UNILAG Postgraduate form for admission into PG programmes is now available. The School of Postgraduate Studies, University of Lagos (UNILAG) hereby invites applications from suitably qualified candidates from recognized institutions for admission into Postgraduate programmes of the University in the 2016/2017 Session, namely: Postgraduate Diploma Programmes (PGD)....>>>>>To read more/apply, click the link below...>>>>> http://www.greenedunigeria.com/unilag/unilag-postgraduate-application-deadline-extended/ |
| Nairaland General › Apply Now For Massive Recruitment In An Engineering Firm by dexyking(op): 11:59am On Aug 06, 2016 |
Latest Job: Vacancy for a Site Engineer/Secretary. Dry Walls Systems Limited, incorporated in November 2015 is a subsidiary of Wabola global investment limited incorporated in the year 2005. Dry walls systems limited is specially skilled in the provision of light weight dry construction solutions for facades, wall claddings, partitions, suspended floors, ceiling solutions and various roofing solutions, using a combination of various light weight modern building materials, Kalsi boards, aluminum composite panels, metal profiles etc. We are recruiting to fill the position below....Read more...>>>>>>>> http://www.greenedunigeria.com/jobs/latest-job-vacancy-site-engineer-secretary/ |
| Nairaland General › Apply Now For Federal Ministry Of Environment Recruitment by dexyking(op): 9:58am On Aug 06, 2016 |
Latest Job: Vacancy for Project Coordinators at Federal Ministry of Environment. The Nigerian Government is putting in place a mechanism to implement the United Nations Environment Programme (UNEP) Report on the Environmental Assessment of Ogoniland and other Oil Impacted Communities in the Niger Delta Region of the country. To this end, the Federal Ministry of Environment, as the focal Ministry responsible for the implementation of the Report invites applications from suitably qualified and experienced candidates for appointment as Project Coordinator for the Hydrocarbon Pollution Remediation Project (HYPREP) based in Rivers State...>>>>Click the link below to read more/apply>>>>>>... http://www.greenedunigeria.com/jobs/latest-job-vacancy-project-coordinators-federal-ministry-environment/ |
| Nairaland General › Apply Now For Ongoing Recruitment At Federal Project Support Unit (FPSU). by dexyking(op): 9:53am On Aug 06, 2016 |
Latest Job: Ongoing Recruitment at Federal Project Support Unit (FPSU). Federal Project Support Unit (FPSU) recruitment, August 2016 – The Federal Government of Nigeria sought and obtained financial assistance from the International Development Association (IDA) of the World Bank Group to support the implementation of the Community and Social Development Project (CSDP). The Project is aimed at reducing poverty by increasing access by the poor to improved social and natural resource infrastructure services on a sustainable manner throughout Nigeria....>>>>>Read more by clicking the link below>>>>>> http://www.greenedunigeria.com/jobs/latest-job-ongoing-recruitment-federal-project-support-unit-fpsu/ |
| Nairaland General › Latest Job: Vacancy In A World Class Energy Firm For Post Of A Plant Manager. by dexyking(op): 3:29pm On Aug 05, 2016 |
At RS Hunter, we believe our clients have the resources, what we do is to galvanise, advice, and partner with our clients to understand the peculiarities of their businesses and then offer the best HR solutions and strategies that work.Our objective is to focus on creating an overall people driven value through training, expert HR advisory services and value enhancement to our clients in small business medium sector range while providing support to larger organisations in the areas of recruitment and executive selection [b]Job Title: [/b]Plant Manager...To Apply Click>>>>>... http://www.greenedunigeria.com/jobs/latest-job-vacancy-world-class-energy-firm/ |
| Nairaland General › Latest Job: Vacancy In A World Class Energy Firm For Post Of A Plant Manager. by dexyking(op): 3:24pm On Aug 05, 2016 |
At RS Hunter, we believe our clients have the resources, what we do is to galvanise, advice, and partner with our clients to understand the peculiarities of their businesses and then offer the best HR solutions and strategies that work.Our objective is to focus on creating an overall people driven value through training, expert HR advisory services and value enhancement to our clientsin small business medium sector range while providing support to larger organisations in the areas of recruitment and executive selection [b]Job Title: [/b]Plant Manager...To Apply Click>>>>>... http://www.greenedunigeria.com/jobs/latest-job-vacancy-world-class-energy-firm/ |
| Investment › CBN Mandates Banks To Sell Dollars At N197 To 65,167 Nigerians by dexyking(op): 8:35am On Aug 05, 2016 |
The Central Bank of Nigeria (CBN) has mandate Deposit Money Banks (DMBs) to sell dollars to 65,167 Nigerians at the rate of N197 to the greenback. This is coming at a time, when the dollar officially trades N310 and N400 at the parallel and interbank market respectively. In its circular, TED/FEMFPC/GEN/01/005, on 2016 hajj operations, the CBN says the federal government is making a concession for Nigeria’s 65,167...<<<read more by clicking the link below>>> http://www.forexpot.com/cbn/cbn-mandates-banks-sell-dollars-nigerians-cable/ |
| Education › Maritime Academy Of Nigeria, Oron Releases Screening Timetable For ND Programmes by dexyking(op): 5:15pm On Aug 04, 2016 |
Maritime Academy Of Nigeria, Oron Releases Screening Timetable for ND Programmes (Full-time) 2016/2017. The management of the Academy wishes to invite all the candidates who selected Maritime Academy of Nigeria, Oron, Akwa Ibom State as their institution of First Choice and have scored the minimum of 180 marks (National cut-off-mark) to attend the Post JAMB UTME screening exercise for National Diploma programmes a<<<read more>>> http://www.greenedunigeria.com/maritime/maritime-academy-nigeria-screening-timetable/ |
| Jobs/Vacancies › Vacancy At Pfizer For A Global BAI Lead by dexyking(op): 2:58pm On Aug 04, 2016 |
Vacancy at Pfizer for a Global BAI Lead. A career at Pfizer offers opportunity, ownership and impact. All over the world, Pfizer colleagues work together to positively impact health for everyone, everywhere. Our colleagues have the opportunity to grow and develop a career that offers both individual and company success; be part of an ownership culture that values diversity and where all colleagues are energized and engaged; and the ability to impact the health and lives of millions of people. Pfizer, a global leader in the biopharmaceutical industry, is continuously seeking top talent who are inspired by our purpose to innovate to bring therapies to...<<<read more by clicking the link below>>> http://www.greenedunigeria.com/jobs/vacancy-pfizer/ |
| Business › Market Gains But Naira Suffers by dexyking(op): 8:42am On Jul 28, 2016 |
The Nigerian Stock Exchange (NSE) opened on a positive note on Wednesday, after the Central Bank of Nigeria (CBN) raised key interest rate to its highest point in the bank’s available history. The rates, which were raised to at least a 10-year high, also saw the naira depreciate on the interbank market, from 310 against the greenback to 313 as at 11am on Wednesday. The stock market saw a sizable rise in all share index after the apex bank’s decision to move rates from 12 percent to 14 percent, in a bid to curb inflation. All share index moved from...<<<read more by clicking the link below>>> http://www.forexpot.com/category/market-news/ |
| Investment › CBN Order Banks To Provide Foreign Currency Loans by dexyking(op): 7:30am On Jul 28, 2016 |
Obinna Chima The Central Bank of Nigeria (CBN) wednesday directed commercial banks to review and make adequate provisioning for all delinquent foreign currency-denominated loans in line with the July 1, 2010 Prudential Guidelines for Deposit Money Banks in Nigeria. The CBN, which also settled futures contract valued at N962.23 million, said in a letter by its Director, Banking Supervision, Mrs. Tokunbo Martins, titled: “Provisioning for Foreign Currency Loans,” dated July 27, posted on the bank’s website, that the move was in continuation of the efforts to enhance efficiency, facilitate liquidity and transparency in the foreign exchange market. Rationalising why it had become necessary to ensure adequate and proper provisioning, the central bank directed banks to ensure that the un-provisioned portion of all foreign currency-denominated loans and advances in their books are fully provided for immediately in their income statements. The letter read in part: “One of the effects of the Guidelines, which liberalised the foreign exchange market, is the increase in balances on foreign currency-denominated loans and advances in the books of banks, especially facilities that had been fully provided for under the previous exchange rate regime, but were yet to be written off, per our extant regulation under Section 3.21(a) of the Prudential Guidelines for Deposit Money...<<<read more by clicking the link below>>> http://www.forexpot.com/cbn/cbn-directs-banks-provide-foreign-currency-loans-settles-futures-contract/ |
| Jobs/Vacancies › National Universities Commission (NUC) Recruitment 2016 by dexyking(op): 5:15pm On Jul 27, 2016 |
How to Apply for National Universities Commission (NUC) Graduates Recruitment – 2016.http://www.currentschoolnews.com/job/how-to-apply-for-national-universities-commission-nuc-graduates-recruitment/ 10 Likes 10 Shares
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| Business › CBN Hikes Interest Rate To Strengthens The NAIRA by dexyking(op): 9:01am On Jul 27, 2016 |
CBN Moves to Tame Inflation, Ups Interest Rate to 14 Per Cent In a strong bid to tame inflation, the Central Bank of Nigeria (CBN) on Tuesday raised the Monetary Policy Rate (MPR), otherwise known as interest rate, by 200 basis points to 14 percent from 12 percent. It also assured Nigerians of the stability of the banking sector, saying whilst it was poised to deal ruthlessly with any misdemeanour and malpractice, the recent removal of some banks chiefs was not a sign of distress. The apex bank spoke at the end of its two-day Monetary Policy Committee meeting in Abuja, indicating that while it moved up the interest rate, it left Cash Reserve Ratio (CRR) and Liquidity Ratio (LR) unchanged at 22.50 per cent and 30 per cent respectively as well as retained the Asymmetric Window at +200 and -500 basis points around the MPR. The MPR is the rate at which the apex bank lend to commercial banks and usually determines the cost of funds in the banking system. Addressing journalists at the end of the meeting, the CBN Governor, Godwin Emefiele, said five members voted to raise the MPR while three others voted to retain the rate at 12 percent. The hike in interest rate came on the day the Naira hit N310.07 to the US Dollar even as the World Bank raised some hope of a brighter year, raising its oil price forecast for 2016 to $43 per barrel. The governor, who admitted the difficulty among members in arriving at a decision over the MPR said it eventually settled for a hike given that the apex bank “lacked the instruments required to directly jumpstart growth, and being mindful not to calibrate its instruments in such a manner as to undermine its primary mandate and financial system stability, in assessment of the relevant issues.” He added that currently the balance of risks remained tilted against price stability. Emefiele further explained that the committee had considered the high inflationary trend which has culminated into negative real interest rates in the economy, a condition which according to him discouraged savings. He added that the negative real interest rates did not support the recent flexible foreign exchange market as foreign investors attitude had remained lukewarm, showing unwillingness in bringing in new capital under the circumstances. Notwithstanding the hike in MPR, the CBN Governor said the bank would continue to make targeted interventions in agriculture, mineral resources and new manufacturing, adding that it was committed to boost the economy through the Anchor-Borrower programme which has recorded significant success in local rice and wheat production. The governor noted that the weak macroeconomic environment, as reflected particularly in increasing inflationary pressure...<<<read more by clicking the link below>>>http://www.forexpot.com/cbn/cbn-hike-interest-rate/ |
| Investment › CBN Hikes Interest Rate To Strenghten The NAIRA by dexyking(op): 8:15am On Jul 27, 2016 |
CBN Moves to Tame Inflation, Ups Interest Rate to 14 Per Cent In a strong bid to tame inflation, the Central Bank of Nigeria (CBN) on Tuesday raised the Monetary Policy Rate (MPR), otherwise known as interest rate, by 200 basis points to 14 percent from 12 percent. It also assured Nigerians of the stability of the banking sector, saying whilst it was poised to deal ruthlessly with any misdemeanour and malpractice, the recent removal of some banks chiefs was not a sign of distress. The apex bank spoke at the end of its two-day Monetary Policy Committee meeting in Abuja, indicating that while it moved up the interest rate, it left Cash Reserve Ratio (CRR) and Liquidity Ratio (LR) unchanged at 22.50 per cent and 30 per cent respectively as well as retained the Asymmetric Window at +200 and -500 basis points around the MPR. The MPR is the rate at which the apex bank lend to commercial banks and usually determines the cost of funds in the banking system. Addressing journalists at the end of the meeting, the CBN Governor, Godwin Emefiele, said five members voted to raise the MPR while three others voted to retain the rate at 12 percent. The hike in interest rate came on the day the Naira hit N310.07 to the US Dollar even as the World Bank raised some hope of a brighter year, raising its oil price forecast for 2016 to $43 per barrel. The governor, who admitted the difficulty among members in arriving at a decision over the MPR said it eventually settled for a hike given that the apex bank “lacked the instruments required to directly jumpstart growth, and being mindful not to calibrate its instruments in such a manner as to undermine its primary mandate and financial system stability, in assessment of the relevant issues.” He added that currently the balance of risks remained tilted against price stability. Emefiele further explained that the committee had considered the high inflationary trend which has culminated into negative real interest rates in the economy, a condition which according to him discouraged savings. He added that the negative real interest rates did not support the recent flexible foreign exchange market as foreign investors attitude had remained lukewarm, showing unwillingness in bringing in new capital under the circumstances. Notwithstanding the hike in MPR, the CBN Governor said the bank would continue to make targeted interventions in agriculture, mineral resources and new manufacturing, adding that it was committed to boost the economy through the Anchor-Borrower programme which has recorded significant success in local rice and wheat production. The governor noted that the weak macroeconomic environment, as reflected particularly in increasing inflationary pressure...<<<read more by clicking the link below>>>http://www.forexpot.com/cbn/cbn-hike-interest-rate/ |
| Business › Exchange Rates Of The Naira Against Major Currencies by dexyking(op): 8:25am On Jul 26, 2016 |
EXCHANGE RATES OF NAIRA AGAINST MAJOR CURRENCIES EXCHANGE RATES LAGOS PARALLEL MARKET Quotes: * morning ** midday *** evening ngn NGN usd USD gbp GBP eur EUR BUY / SELL BUY / SELL BUY / SELL 25/07/16 370 / 378*** 482 / 495*** 405 / 415*** 25/07/16 370 / 378** 482 / 495** 405 / 415** 25/07/16 370 / 378* 480 / 490* 398 / 407* 22/07/16 370 / 378*** 480 / 490*** 398 / 407*** 22/07/16 370 / 378** 480 / 487** 398 / 407** 22/07/16 365 / 375* 475 / 485* 390 / 405* CBN RATE ngn NGN usd USD gbp GBP eur EUR 25/07/16 310.00 406.87 340.50 22/07/16 300 393.27 330.42 MONEY GRAM ngn NGN usd USD gbp GBP eur EUR 25/07/16 311.85 391.03 354.63 22/07/16 311.85 393.01 341.50 WESTERN UNION ngn NGN usd USD gbp GBP eur EUR 25/07/16 297.00 386.70 323.41 22/07/16 310.94 429.12 340.53 BANK ATM RATES 1 Like |
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