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GradeA's Posts

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SportsRe: Precious Dede Retires From Football After 15 Years by gradeA(m): 2:48pm On Mar 28, 2016
Great goalie. I so love and respect her.

Why retire after 99 games, she should have just hustled for one more game even if it's a friendly and become a centurion.

With a century of international games, her legendary status would have been cemented forever..
CelebritiesRe: Waje’s Daughter, Emerald's 17th Birthday Is Today by gradeA(m): 12:29pm On Mar 28, 2016
Good for her.
No hating tho, she looks too plastic
PoliticsRe: Novelty Match For Tinubu's 64th Birthday (Photos) by gradeA(m): 11:42am On Mar 28, 2016
64huh

Ok, he is a footballer as we can clearly see.
RomanceRe: Mistakes Women Make When Their Guys Cheat On Them by gradeA(m): 11:32am On Mar 28, 2016
SUICIDE??

lai lai, My naija sisters cannot commit suicide because of a man.


#inPEJvoice, they would rather kill themselves than commit suicide. cheesy
BusinessRe: Victor Ezenwoko Of Diamond Bank Is Dead (Lagos ED) by gradeA(m): 11:16am On Mar 28, 2016
RIP sir. Very humble and loving boss.
Jokes EtcRe: Hilarious Photo; Jesus And The Twelve Disciples Whatsapp Group. by gradeA(m): 6:59pm On Mar 27, 2016
funny
FoodRe: Worst Food You Have Ever Eaten? by gradeA(m): 6:44pm On Mar 27, 2016
I once used Alomo to take my drugs.
#sadstory
CelebritiesRe: Comedian Seyi Law And His Wife Celebrate 5th Wedding Anniversary by gradeA(m): 6:17pm On Mar 27, 2016
Congrats to them. See him looking fresh and bigger. He was another case of olajumoke.

Dude should be grateful to AY, though I think he is funnier.
RomanceRe: Post Your Pix Rocking Your Natural Hair!!!!! by gradeA(m): 6:15pm On Mar 27, 2016
Daughterzion:
lolz at least you admittd it's cute got ya. muaaa
lovely matured response from a young lady like you.
CelebritiesRe: Meet Basketmouth’s Elder Brother, Godwin Okpocha,comic Artist.. See His Artwork by gradeA(m): 5:51pm On Mar 27, 2016
dacovajnr:
This Dude is hawt #NoHomo undecided
Forget, there is homo in that statement.
Christianity EtcRe: PHOTOS: Man 'turns To Dog' During Deliverance Session At TB Joshua's Church by gradeA(m): 1:24pm On Mar 27, 2016
clumsy Christian posts they keep moving to fp on Sundays.

Even on Easter Sunday sef.
mods fear God na.
CrimeRe: Abducted 15-year-old UTME Candidate Returns Home (photo) by gradeA(m): 10:06pm On Mar 25, 2016
Jackeeh:
Maybe she wasn't ready for JAMB. So she decided to "abscond" . Anyway I thank God she's back home safe and sound. And she should be taken to the hospital for the necessary checks.
Not funny at all.
BusinessRe: CBN Raises Interest Rate To 12%,Tightens Money Supply by gradeA(m): 8:41pm On Mar 23, 2016
demzey:
Nice one der bro, bt bobo e no work, we're s d money in d 1st place. Why was d interest rate on treasury bills brought down to 6% Frm 15%
Point noted. This inflation is due to an increase in cost of production and not excess cash pursuing fewer goods.

As for the drop in tbills, I would personally associate it to the effect of TSA. The government has realised substantial funds and don't need your chicken change anymore hence the lowering rates grin
BusinessRe: CBN Raises Interest Rate To 12%,Tightens Money Supply by gradeA(m): 8:26pm On Mar 23, 2016
macherie1:
Nigeria is definitely in for serious trouble. If the Apex bank is unable to figure out what the problem with the economy is then there is cause for alarm. Surplus money chasing too few goods is Demand-pull inflation which is obviously not what Nigeria is experiencing. What we are experiencing is a cost-push inflation caused by shocks in the economy such as a sudden and sharp decrease in the price of crude oil which accounts for a huge proportion of government revenue. This situation led to devaluation of the Naira since the the government had to raise the exchange rate to realize more Naira from the dwindling revenue from oil export. The spiral effect of the increase in exchange is that manufacturers, importers now need to pay more Naira to buy dollars in order to fulfil their obligation to their foreign suppliers. Subsequently, these manufacturers pass the cost to the consumers and inflations escalates.

CBN's decision to increase the interest rate can be compared to having a noose around one's neck being pulled on both sides by strong forces. Manufacturers who are already crumbling under the weight of high cost of on raw materials (most manufacturers depend heavily on importation of raw materials)due to the ridiculously high exchange rate now have to face another challenge of paying more interest on loans. The implication is that production for most companies will either reduce or come to a halt. Supply decreases and the price of commodities will increase. Inflation digits will double.

What CBN should be doing is pursue policies that will boost production and promote exports. US experienced severe depression in the early 1930s. The depression was fuelled by the Fed's decision to cut money supply to the economy. The depression was so severe that it spread to other countries of the world. Most people were out of Jobs and a lot committed suicide. Surely CBN Governor and his directors forgot to learn from history while in school.

South Korea was once one of the poorest countries in the World with a Per capita income below $100.South Korea under President Park Chung-hee launched economic and social development plans, and soon the economy began to grow. Today, South Korea in one of the world leaders in exportation of several commodities ranging from auto-mobiles to different types of electronics. So also countries like Argentina and Japan.

CBN should take a cue from this and stop making decisions that will expedite the failure of the economy. The video below is one that the CBN Governor and president Buhari his boss should watch.


https://www.youtube.com/watch?v=1KDf6lUFWcc
I must admit that I agree with you a 100percent. This inflation is as a result of an increase in cost of production, and not excess cash pursuing fewer goods. The regulators of the economy should get their acts together as to the causes and effects rather than trying to use a gun to kill a mosquito.
BusinessRe: CBN Raises Interest Rate To 12%,Tightens Money Supply by gradeA(m): 5:57am On Mar 23, 2016
demzey:
Although there is inflation no doubt, bt wen was der ever an increase in money supply. I feel this inflation s nt mainly caused by an increased money supply, bt hoarding of products, high cost of importing dese goods ,derby increasing der prices, also d petty traders in d market, who uses d exchange rate as an excuse to make supernormal profits. Using contractionary monetary policy, to me s not whats best.
Nice analysis, however you can never take away the major cause of inflation which is more money chasing fewer goods.

The previous rates discouraged people investing in banks. With fixed deposits at 2.5 percent and treasury bills for about 180 days at about 6percent as against the 15percent of early last year, people were no longer keen on fixing in banks or lending to government through tbills. This led to Nigerians leaving easy money in accounts which they could readily have access to.

The singular reason for this improved rates is to enable government (through the financial sector) mop up more cash from the economy. The rates make it more attractive to invest more in banks, creating greater liabilities for the banks.

Notice the liquidity ratio was not touched. Liquidity seeks to measure the level of ready cash at a bank's disposal. This was deliberate to still give banks enough threshold to mobilize more cash without being in danger.

This policy is just a ploy to reduce the amount of money in your hands, but the question is;

Would it work?
CelebritiesRe: Samantha UbanivAt Her Convocation Ceremony In IMSU by gradeA(m): 5:19am On Mar 20, 2016
kenonze:
I know her when She be dark. grin grin
me sef know her that time, but can't recognise her anymore.
PetsRe: I Paid N1000 To Save A Bird's Life by gradeA(m): 6:19am On Mar 19, 2016
AlfaSeltzer:
The noun form of illiterate is illiteracy; and it should start with a capital letter when it begins a sentence.

You are welcome.
Talk about being the illiterate........... Nice sarcasm there.
AutosRe: Do You Know Your Tyre Has An Expiry Date? by gradeA(m):
I once was stopped by a road safety official, and straight he went and started checking my tyre. only for him to tell me that it had expired. I asked him how he knew, and he showed me. Immediately, I went to the the tyre of their hilux van packed by the side of the road and started checking. behold it was expired too... the laggard just dey look me. That's how I knew abt expiry dates. grin
CelebritiesRe: Fan Mocks Paul, Peter Okoye Responds by gradeA(m): 10:17pm On Mar 16, 2016
none of my business
PoliticsRe: President Buhari Mourns Ocholi's Death by gradeA(m): 9:55pm On Mar 06, 2016
@ poster above so true,

And when that day comes, hope we would be prepared for eternity
EducationRe: My Frustrating JAMB Experience! by gradeA(m): 9:46pm On Mar 06, 2016
heard they are giving out free 40marks?

op does this your score reflect this addition of 40?

if not, just hope for the best. wish you well.

cheers.
CelebritiesRe: 'i'm Single, I Need A Guy' Toke Makinwa Cries On Instagram by gradeA(m): 7:17pm On Mar 06, 2016
#inEmmanuella'svoice
That is not her real face ooo.
PoliticsRe: James Ocholi Is Dead (Minister Of Labour, State) by gradeA(m): 6:16pm On Mar 06, 2016
my sincere thoughts goes out to the family. it is well.


To think I just crossed that toad today and arrived my destination safely. Am eternally grateful Lord for your grace, cos am in no way better than the deceased.
European Football (EPL, UEFA, La Liga)Re: Tottenham Hotspur Vs Arsenal (2 - 2) On 5th March 2016 by gradeA(m): 2:24pm On Mar 05, 2016
cheesy
sekem

CelebritiesRe: IcePrince Celebrates Son's 4th Birthday In School (Photos) by gradeA(m): 2:57pm On Mar 01, 2016
see the number of girls flanked by his side's.
Nairaland GeneralRe: Police Van Transporting Blocks In Anambra State (photos) by gradeA(m):
"If my people which are called by my name shall humble themselves and pray..................








.................... Then shall I heal their land"
FamilyRe: If Your Daughter Spilled Your Butter All Over Herself, What Would You Do? by gradeA(m): 8:19pm On Feb 21, 2016
she must have bread for dinner.
SportsRe: Vincent Enyeama Undergoes Recovery In His House by gradeA(m): 12:42pm On Feb 15, 2016
vicky85:
Dear Vincent, please, where u placed your Laptop is not proper, cos, its generate hit and this hit can damage your Penis....the sperm and even the hormone system...please get a board and place it on ur balls before the laptop. cheers...
why do you like balls too muchhuh
FamilyRe: How My Family Friend Accidentally Crushed His 4year Old Son's Hand by gradeA(m): 6:15pm On Feb 13, 2016
I pray no permanent deformity occurs to the hand.

Imagine the awkward conversation that may happen 10 yrs later;

son - daddy why is my hand like this?
dad - ...................... (dumbfounded, bends head down in guilt)

God please heal this boy completely.
Jokes EtcRe: Which One Is The Mother? (pic) by gradeA(m): 11:34am On Feb 07, 2016
2
CelebritiesRe: Nancy Of HipTv And Femi Adebayo In Cute Photo by gradeA(m): 9:19pm On Feb 04, 2016
ritababe:
is that attention or what? guys look at his trouser very well I think something is rising there grin
perv.
CelebritiesRe: "I Am Still Single And Searching" - Linda Ikeji by gradeA(m): 2:23pm On Feb 03, 2016
Valeree:
the hubby can move to her house
which man would agree to such, except he of course was a broke ass who was staying in a face me I face you flat.

Then he would prophecy that the God of transformation that did it for me would also do it for you

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