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Leksy07's Posts

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Religion / Re: Lords Chosen Church Members Rolling Inside Dirty Water (video) by leksy07(m): 12:35pm On Feb 23, 2016
Jisos!!!!!
Phones / Re: Any One Willing To Sell BLACKBERRY Q10 by leksy07(m): 11:20am On Feb 19, 2016
smartigo:


What is your budget?

20k, depending how clean the fone
Romance / Re: Students Romancing Publicly On Lekki Highway (Photo) by leksy07(m): 5:46pm On Feb 18, 2016
i see nollywood reversal
Jokes Etc / Re: Some Funny Nigeria Political Jokes by leksy07(m): 4:24pm On Feb 18, 2016
LOL

1 Like

Phones / Any One Willing To Sell BLACKBERRY Q10 by leksy07(m): 4:03pm On Feb 18, 2016
Hi guys, am in need of BLACKBERRY Q10 dat s in good condition ND how much will it cost (fairly used)

Lagos people only ooooo
Phones / Does Any Has Q10 For Sale?? by leksy07(m): 3:20pm On Feb 18, 2016
am in need of blackberry Q10,, any1 around ikeja, isolo or okota( all in lagos) should hala me

veri neat and faultless one
Business / Re: Quick Facts About Devaluation by leksy07(m): 4:13pm On Feb 17, 2016
Business / Quick Facts About Devaluation by leksy07(m): 4:00pm On Feb 17, 2016
Q. What is Currency Devaluation?

A. Devaluation is a deliberate downward adjustment to the value of a country’s currency, relative to another currency, group of currencies or standard. It is a monetary policy tool of countries that have a fixed exchange rate or semi-fixed exchange rate. It is neither depreciation nor revaluation.

A rise fall in the value of the domestic currency in terms of other foreign currencies in the case of fixed exchange rate system is referred to as devaluation, according to the Central Bank of Nigeria.

For Nigerians, it would mean the deliberate downward adjustment of the value of the naira relative to dollar.


Q. How will devaluation affect export?

A. Devaluation of a country’s currency will make exports more competitive. Devaluation makes export goods appear cheaper to foreigners. This automatically increases demand for exports, meaning more revenue for the owners of the devalued currency.

Q. How will devaluation affect imports?

A. The effect of devaluation on imports is directly opposite its effect on exports. It will make imports more expensive. This will in turn reduce demand for imports. Imports become costlier because the country’s currency is now reduced in value when compared to the exchange rate.


Q. What would be the effect of devaluation on indigenous goods?

A. Devaluation will, in a way, ‘force’ consumers to buy indigenous goods. This is because imported goods will become costlier when compared to indigenous products.


Q. What is the difference between devaluation and depreciation?

A. While devaluation is a deliberate adjustment, depreciation is a decrease in a currency’s value caused by unfavourable market conditions.

Q. Does devaluation have any disadvantage?

Yes, it may lead to inflation.

While devaluating a currency can seem like an attractive option, it can have negative consequences, says investopedia.com. By making imports more expensive, it protects domestic industries who may then become less efficient without the pressure of competition. Higher exports relative to imports can also increase aggregate demand, which can lead to inflation.

http://www.punchng.com/quick-facts-about-devaluation/
Romance / Re: A Guy Just Told Me " I Virtually Threw Myself At Him" ( Pictures Attached) by leksy07(m): 11:25am On Feb 17, 2016
Emac34:
grincheesygrin
and hell far.. dats means the tfare go high b dat.. lol
Jokes Etc / Pics Of The Day by leksy07(m): 12:07pm On Feb 16, 2016
Money does it all

Properties / Re: How Much Would It Cost Me To Complete This 3Bedroom Bungalow? by leksy07(m): 5:27pm On Feb 15, 2016
love this design,,,
Romance / Re: U Hardly Find Black Pretty Girls In Nigeria Dis Days by leksy07(m): 5:10pm On Feb 12, 2016
Pheals:
am not white . . am natural the way am born

I need proof to blv dis,,, mayb an open pix of ur body will do
Romance / Re: Memo To We Ladies by leksy07(m): 4:58pm On Feb 12, 2016
When i am twitter Orubebe.... y i go dey post abt my gf on line... OP abegiiiii
Sports / Re: Diego Costa Breaks Nose In Training by leksy07(m): 3:36pm On Feb 12, 2016
Y he no go break nose,,, TOUT like him
Politics / Re: Army Owes N9.4 Billion Electricty Bill - Defence Minister Speaks by leksy07(m): 12:50pm On Feb 11, 2016
hmmm
Romance / Re: Ladies; Imagine This Is You (pic) by leksy07(m): 4:47pm On Feb 09, 2016
Na die b dis oo......
Family / Re: How Did You Store Your Mum's Name On Your Phone? by leksy07(m): 1:07pm On Feb 08, 2016
1st Love
Sports / Re: Kanu Nwankwo Visits Kelechi Iheanacho In Manchester by leksy07(m): 11:04am On Feb 08, 2016
DikeOha882:
It doesn't matter if he is 50, what matters is that he is doing well and plays for one of the biggest club in the world

Did u just say Man city is one of the biggest club in the world grin grin grin
pls wat make dem one of the biggest club in the world if i may ask
Celebrities / Re: Agege-Bread Model, Olajumoke Orisaguna On Thisday Style Cover by leksy07(m): 10:49am On Feb 07, 2016
henrydadon:
u need to watch the video on instagram and listen to her thick Yoruba accent ..infact I don't know why am replying u..
oga pack well.., u beta wake up. So u stil dey blv dis lie

1 Like

Celebrities / Re: Agege-Bread Model, Olajumoke Orisaguna On Thisday Style Cover by leksy07(m): 10:45am On Feb 07, 2016
i stil dont knw y dey keep kalin the girl a bread seller, she was neva a bread seler, dey jst tryin to gain attension and make the gal more popular

2 Likes

Education / Re: Kwara State Polytechnic, Ilorin 2016/2017 Aspirants by leksy07(m): 1:56pm On Feb 03, 2016
K.P,,, KWARA PROBLEM
Education / Re: DIRECT ENTRY Admissions 2016 by leksy07(m): 1:51pm On Feb 03, 2016
fretfingers:


Unilorin is great... So is lautech. Which is a technology/science based school...


Unilorin is great. Fast academic calendar and admission is basically merit based, that is if you score well in d putme you should be atleast guaranteed like 85% admission offer. However, the competition is outrageously high and they only admit less than 10 D.E students in each department(note::: to the best of my knowledge based on 2015/2016 DE application/admission success or otherwise)

Lautech I have little knowledge on. So since I can't give what I don't have, I guess someone else would help out.


BTW::: I think when choosing a school the ff should be considered:

* Academic history/Relevance in the Job market
* Course (since some schools are known to produce the best in some specific courses)
* School fee
* Academic calendar (fast, steady or slow plus how often or seldom do they go on strike and others)
* Catchment (that is if your ex instituition is within their catchment area so as to increase your chances of admission. Although its not REALLY important but who knows, it might come in handy during admission)
* If they accept your course or your grade, your "O" level combination for the course etcetera etcetera. I heard some schools accept lower credit- majority Northern schools.

Disagree with this... i am an indigen of ilorin scored 220 in jamb and 83 in postume not given admsn,, but a friend of mine who scored 215 in jamb and 40 in post ume got admsn with d same course i applied for,,, did u call that MERIT BASED..... Abeg leave trash for LAWMA

1 Like

Education / Re: DIRECT ENTRY Admissions 2016 by leksy07(m): 1:50pm On Feb 03, 2016
lipsrsealed lipsrsealed lipsrsealed
Travel / Re: Lagos-Bound Bristow Helicopter Crashes Into The Ocean by leksy07(m): 1:35pm On Feb 03, 2016
JISOS........
Crime / Re: Trailer Accident Along Ikorodu Road This Morning (Photos) by leksy07(m): 9:08am On Feb 02, 2016
k
Education / Re: JAMB Extends Closing Date To Febraury 5th by leksy07(m): 5:46pm On Feb 01, 2016
how much is it
Education / Re: PROVE to show that Making First class In UNI Is Harder Than Distinction In POLY by leksy07(m): 4:37pm On Feb 01, 2016
which kind calculation is dis 1,,,, i am veri sure u didnt pass maths in ur WAEC

6 Likes

Education / Re: Bad Things You Did In The University by leksy07(m): 5:05pm On Jan 28, 2016
Kjking:
I'm still in ma 300level... don't think I've done any bad thing.... for now....

for now? so funny, meaning u go stil turn bado b4 u grad
Education / Application For Admission Into The Nigerian Defence Academy 2016 Is Out by leksy07(m): 10:44am On Jan 28, 2016
This is to inform the general public that online application for admission into the 68th Regular Course of the Nigerian Defence Academy (NDA), Kaduna will be available from 26 January to 15th March 2016. Admission into NDA is open to both MALE and FEMALE Nigerians. Candidates should logon to the application portal www.ndaapplications.net

SOURCE.... http://nda.edu.ng/Application%20for%20admission%20into%20the%20NDA%2068%20RC%202016.pdf
Celebrities / Re: Paul Okoye Posts On 'Stealing Of Songs' Complains . . Funny by leksy07(m): 4:51pm On Jan 25, 2016
K
Celebrities / Re: Peter Okoye Looks Dapper In Corporate Outfit by leksy07(m): 1:12pm On Jan 25, 2016
jamesbanjo:
Cute..


Buh i prefer ME
Y showin us ur #150 singlet na

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