₦airaland Forum

Sent

jeebz:
Bro, abeg shoot me that paper. jibols@yahoo.com

The sacrifice we make today is for a better tomorrow.

Interested.

Please what school in India. I sent you a pm. Would really love details.

drucee21:
Sincerely ur package no get weight . Wats the name and make of plc to be studied. all you mentioned are theory based no pratical. I did my automation training in india for 4 months so i know what am saying .

Ok.


Next

The IMF will add the yuan to its basket of reserve currencies, an international stamp of approval of the strides China has made integrating into a global economic system dominated for decades by the U.S., Europe and Japan.

The International Monetary Fund’s executive board, which represents the fund’s 188 member nations, decided the yuan meets the standard of being “freely usable” and will join the dollar, euro, pound and yen in its Special Drawing Rights basket, the organization said Monday in a statement. Approval was expected after IMF Managing Director Christine Lagarde announced Nov. 13 that her staff recommended inclusion, a position she supported.

It’s the first change in the SDR’s currency composition since 1999, when the euro replaced the deutsche mark and French franc. It’s also a milestone in a decades-long ascent toward international credibility for the yuan, which was created after World War II and for years could be used only domestically in the Communist-controlled nation. The IMF reviews the composition of the basket every five years and rejected the yuan during the last review, in 2010, saying it didn’t meet the necessary criteria.

“The renminbi’s inclusion in the SDR is a clear indication of the reforms that
have been implemented and will continue to be implemented and is a clear,
stronger representation of the global economy,” Lagarde said Monday during a press briefing at the IMF’s headquarters in Washington. Renminbi is the currency’s official name and means “the people’s currency” in Mandarin; yuan is the unit.

The Chinese Yuan’s Journey to Global Reserve Status: A Timeline

The addition will take effect Oct. 1, 2016, with the yuan having a 10.92 percent weighting in the basket, the IMF said. Weightings will be 41.73 percent for the dollar, 30.93 percent for the euro, 8.33 percent for the yen and 8.09 percent for the British pound. The dollar currently accounts for 41.9 percent of the basket, while the euro accounts for 37.4 percent, the pound 11.3 percent and the yen 9.4 percent.

The yuan weakened in offshore trading Tuesday amid speculation China’s central bank will rein in intervention now that the IMF vote on reserve-currency status is out of the way. The long-term goal is for very few interventions, People’s Bank of China Deputy Governor Yi Gang said at a briefing, adding that bigger two-way fluctuations are normal.

In a preliminary report in July, IMF staff estimated the yuan would have a weight of about 14 percent to 16 percent. The weighting will affect the interest countries pay when they borrow from the IMF. It may also affect the scale of inflows the Chinese currency receives in the coming months.
Monetary System

The decision establishes the yuan as a fixture in the very international monetary system Chinese leaders criticized following the global financial crisis. In a landmark 2009 speech, PBOC Governor Zhou Xiaochuan argued a global system so reliant on a single currency -- the U.S. dollar -- was inherently prone to shocks. That conviction set off a global push by China’s leaders, including now-President Xi Jinping, to have the yuan included in the SDR, which countries can use to supplement their currency reserves.

The IMF staff recommendation was based on increasing international use and trading of the yuan, policy reforms that allow yuan to be used smoothly in SDR operations, and steps by China to step up data disclosure, the fund said. A more detailed staff report will be released later Monday or Tuesday, IMF officials said.

“It’s a big win for Beijing as they look to bolster their image and to get the respect they think they deserve,” said Timothy Adams, president of the Institute of International Finance and a former U.S. Treasury undersecretary.

QuickTake The Peoples' Currency

The IMF endorsement is a bright spot in what has been a tumultuous year for the world’s second-biggest economy, which has been buffeted by slowing growth, a tumbling stock market and a shift by authorities toward a more market-oriented exchange rate.

The IMF’s decision is a “win-win” for both China and the world and acknowledges China’s achievements in economic development and reform, the PBOC said in a statement on its website. The U.S. supported the fund’s staff recommendation to add the yuan, the Treasury Department said in an e-mailed statement without elaborating.

Approval is unlikely to have much impact on short-term demand for the yuan, given the SDR’s minor share of global reserves, according to economists at banks including HSBC Holdings Plc and ING Groep NV.

Adams said that rising demand may be “evolutionary” and “a process that will likely be pronounced.”

The decision should boost efforts by Xi to open up China’s financial markets. China implemented a series of reforms to win IMF support, such as opening its onshore bond and currency markets to foreign central banks and reporting its reserves to the IMF.
G-20 Host

The question is whether China, which will host meetings of the Group of 20 economies next year, will try to leverage the IMF’s support to pursue broader changes to the global monetary system. In his 2009 speech, Zhou suggested the IMF expand the use of the SDR to tap its potential as a "super-sovereign reserve currency."

The IMF’s move may also spur political blowback in the U.S., where Republican lawmakers have blocked efforts to expand the voting shares of China and other emerging-market economies at the fund. Senator Bob Casey, a Pennsylvania Democrat, said in an e-mailed statement that the decision “validates China’s history of cheating on its currency,” a history that’s hurt jobs and wages in his state.

The Washington-based fund created the SDR in 1969 to boost global liquidity. Under the Bretton Woods system of fixed exchange rates, countries pegged their currencies to the U.S. dollar. But for nations to increase their dollar reserves, the U.S. would have to run persistent current-account deficits, threatening the value of the greenback.

The SDR addressed this dilemma by serving as a supplementary reserve asset to augment countries’ gold and dollar holdings. While the SDR isn’t technically a currency, it gives IMF member countries who hold it the right to obtain any of the currencies in the basket to meet balance-of-payments needs.


Source: http://www.bloomberg.com/news/articles/2015-11-30/imf-backs-yuan-in-reserve-currency-club-after-rejection-in-2010

Was Buhari's trip strategic or what.

Yea

Bukiminaj:
Which one is research gate,, is it a website?

Cjai

egedem:
na so one love...... Drop ur contact na

Pm me bro

Bukiminaj:
Chapter 2 is about gathering enough information to support my research study.

I need suggestions from the house on websites where I can get the information I need for my research. God bless you all

Padeolu
Adewale7777
Tintinnoty
Oahray
Amodu
Obioraval

You need to make Google scholar and research gate your friend.

wallex1983:
For 4 years?

No na . Worked as a field telecoms engineer before going for Msc.

What of those with no job experience undergoing MSc

In the labour Market, school doesn't define you. Your Personality defines you. Rat Race...

Do you have a gimbal camera mount device for aerial vehicles

egedem:
woow!! futo am a futoite too.which side u dey.

We plenty for futo oh. Also running Masters in Futo

Please ,I need information onthe camera mount device(gimbal) for an aerial vehicle.

Would be glad if the house could help me as I'm daring to do a robotics project in Nigeria.

I'm interested in this . Let's talk.

Tucker

Ojayk:
Professors of anambara origin are also much in imsu. Is an Imo state man the chancellor of any institution in anambara?
I would love anambara business men to liase with Rochas and build either depots or mini factories in Imo state. Hotels and shopping malls are choking us here. We want to manufacture not consuming imported goods in the name of leisure at the various hotels.
Biko, come to our aid.

Zinox computers Kwanu. That Ekeh man just tire me

Siberia101:
State Universities don't have Chancellor's outside the state Una politics dey tire me aswear...

Truly spoken. Imo State for you. The state where everyone racks sense.

Ojayk:
Let me honour you with these
IMSU is a state university
Show me how many state universities across Nigeria that has its chancellor from another state.
What if Innoson as the chancellor decide to anambaralise IMSU.
The best Rochas could do for Chief Innocent is to grant him the support to have a car plant in Imo state to help him realise his job job factory factory electoral campaign chants.
It's best to encourage one in what he does best. University administration is not what innoson is into.
#think Imo state bro
Please state your views without insults.

Typical Imo state Man. Na una full Uli as lecturers.

iamexcelblog:
lol . I was there live on thee invitation of a friend. I told the friend that invited me that he should watch out... That Innoson from Anambra is the only person I know that will fulfill his promises... Bam.... He did that just a day later. Now, lets watch out for Rochas Scamiru Okorocha that promised that he will train him to masters in any university in the world.... Choi . Nnam, u go wait old.

I told my friends there and then that if I see Rochas by 7 am any day and he tells me "Good morning", I will be certain that I have been jazzed coz it should b night by then.... ,. Not even good morning from Rochas is true.... Beware of that man oo.

We Anambrarians are Ekwueme....

And a Non Indigene is their chancellor. Lol. Strike starts on Monday @ imsu.

TerrorSquad:
While






IMO STATE UNIVERSITY,OWERRI
OFFICE OF THE REGISTRA
FROM REGISTRA TO THE UNIVERSITY
COMMUNITY
SUBJECT::PAYMENT OF TUTION FEES BY
STUDENTS OF NON-IMO STATE ORIGIN.
DATE:15/3/2016
Please be Informed that the University Council
has approved the payment of under listed
category of tuition fee by students of Imo state
university who are not of Imo state origin,thus
FACULTY OF MEDICINE -#190,000.00
FACULTY OF LAW- #180,000.00
FACULTY OF ENGINEERING -#180,000,00
OTHER FACULTIES- #150,000.00
The payment of this Fees is with effect from the
current 2015/2016 Academic session
By a copy of this Memo the University Bursar is
to take necessary action to ensure strict
compliance with this directive of university council
Thank you very Much
Signed:
Emeka Ejikonye
Registrar

The best matlab instructor ever. I doff my hat. Currently undergoing my MSc in Owerri.

veron007:
[b]Bro I totally agree with you but for a few points.
I have know Emeka for the past 15 years. And I can guarantee you that this guy is far from gay. I know some of the ladies he use to hang out with and dated while we were in UNN and before he got maried. Yes you can call call him a late bloomer but definitely not gay!

Emeka is the last person that will lay his hands on a lady. This guy will go out of his way to help, feed and cloth fellow students that he does not really know ( mind you his mother was not yet a minister while we were in UNN). I use to joke that he is too soft with women and they will always take advantage of his "gentleman" character. He is well mannered, humorous and treated every woman I have see around him with utmost respect and dignity. I don't really know his wife very well but from the little interaction I've had with her in the past her does not strike me like a person you can lock inside a toilet, abuse and she will keep quite for 5 years.

This whole story is just cock and bull story fabricated to get back at her husband for yet to be disclosed marital issues. It's sad that she has to throw all caution to the wind, and lay false accusations to one of the finest brains this generation has know. This guy was the valedictorian for the whole UNN in 2005. He archived this in Electronic Engineering not some social science course or education.

It really a pity that madam chose to wash her dirty linen in public. My question is "where are the adults in both families?" Issues like this should be settled in the family not on Linda Ikeji blog. [/b]

You made sense. I personally know the girl's dad and I'm sure he won't be happy with this going public. I believe elders from both families should settle this amicably...

drlayla:
So much quacks here any small thing they claim its staph staph is a natural human microbiotal which is found on the skin vagina etc it poise no danger at all except when immunity is down and it present as boils called carbuncles as for the pus discharge from the anus it could most times be pilonidal cyst which if not treated well may result to fistula in another what u need is incision and drainage and please dont ever take this herbal drugs it has killed so many Nigerians.

pls doc, i had unprotected sex yesterday and i've been having pains while urinating and a whitish substance is coming from my p*nis. what do i take.

effyzie01:
Your link isn't opening
Send the complete link to amlawal05@gmail.com
Thanks

I've gotten the book already. Thanks a lot

obioraval:
please, i need help with this book.

http://www.springer.com/gp/book/9783642201431...


obioravalentine@gmail.com

Please, someone should help me with this. Thanks in anticipation

please, i need help with this book.

http://www.springer.com/gp/book/9783642201431...


obioravalentine@gmail.com

Ivylicious:
Hi everyone,compliments of d season...pls I have been invited for an aptitude test on 14/1/16...I don't know wat to expect...I don't mind a Lil assistance from U guys wit experience...I hav been tryin to contact a few persons here but no one is replyin my mail... ...pls assist a sis oooo...God Bless...

I'm also with you on that day.

ujubaybee:
First..make sure u go wit original certs of all ur credentials...it will be a CBT of 50 questions...maths(basic maths)..different english passages wit 1 or 2 questions from them..know some English words with their meanings e.g tenacity, abash etc...have an idea of logical reasonings too...IMPORTANT TIP:Pay very close attention to some of the questions, very important. Lastly, be calm and be confident when answering your questions. Once u submit ur answers, You will immediately be shown ur result (whether succesful or not). Goodluck!

Lol