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slimthugchimee2:
Omoh the grammar here strong pass me
People wey no understand shishi gather here

Abeg person help me explain

I tried to check for simplier meaning. This is what it means below


Foreign Exchange Market Changes


User
Please explain the below to a ten year old. OPERATIONAL CHANGES TO THE FOREIGN EXCHANGE MARKET

The Central Bank of Nigeria (CBN) wishes to inform all authorized dealers and the general public of the following immediate changes to operations in the Nigerian Foreign Exchange (FX) Market:

• Abolishment of segmentation_ All segments are now collapsed into the Investors and Exporters (I&E) window Applications for medicals. school fees. BTA/PTA, and SMEs would continue to be processed through deposit money banks

• Re-introduction of the "Willing Buyer, Willing Seller model at the I&E Window. Operations in this window shall be guided by the extant circular on the establishment of the window, dated 21 April 2017 and referenced FMD/DIR/CIR/GEN/08/007. All eligible transactions are permitted to access foreign exchange at this window

• The operational rate for all government-related transactions shall be the weighted average rate of the preceding day's executed transactions at the I&E window, calculated to two (2) decimal places

• Proscription of trading limits on oversold FX positions with permission to hedge short positions with OTC futures. Limits on overbought positions shall be zero.


• Re-introduction of order-based two-way quotes, with bid-ask spread of Ni. All transactions shall be cleared by a Central Counter Party (CCP). • Reintroduction of Order Book to ensure transparency of orders and seamless execution of trades.

• The operational hours of trades shall be from 9am to 4pm, Nigeria time

• Cessation of RT200 Rebate Scheme and the Naira4Dollar Remittance Scheme, with effect from 30 June 2023.

Further guidance on these matters shall be communicated in due course All market participants and the general public are kindly enjoined to abide by these rules.

Ange a re-Ejernbi, PhD Director, Financial Markets

ChatGPT
Imagine you have a collection of different toys, and you want to exchange some of your toys with other kids who have toys you like. The Central Bank of Nigeria is like the organizer of this toy exchange. They have made some changes to how this toy exchange works, and I'll explain them to you.

First, they used to have different sections or groups for trading toys, but now they have combined everything into one big group called the Investors and Exporters (I&E) window. This means that everyone who wants to trade toys will do it in this one place.

Second, they have a new way of deciding how much one toy is worth compared to another. It's called the "Willing Buyer, Willing Seller" model. This means that the price of toys will be determined by how much someone is willing to pay for a toy and how much someone else is willing to sell it for. This helps to make sure that the prices are fair.

Third, when the government needs to exchange their toys, they will use the average price from the previous day's trades in the I&E window. They will calculate this average to two decimal places, which means they will be very precise.

Fourth, they have some new rules about how much toys people can have if they have too many or too few. If someone has too many toys and it's causing a problem, they won't be allowed to have any more. If someone doesn't have enough toys, they can use a special contract called OTC futures to protect themselves from losing more toys.

Fifth, they are bringing back a way to show how much people are willing to buy or sell their toys for. It's called the Order Book, and it helps everyone see the prices people are asking for their toys. Also, all the trades will be cleared by a special group called the Central Counter Party (CCP), which makes sure everything is done correctly.

Sixth, they have specific hours when people can trade toys. It will be from 9 in the morning to 4 in the afternoon, based on Nigeria's time.

Seventh, there are two programs that are going to stop. One is called the RT200 Rebate Scheme, which gave some benefits to people who exchanged toys. The other is called the Naira4Dollar Remittance Scheme, which had some special rules for exchanging toys when people sent money from other countries.

These changes are important for everyone who wants to trade toys, and it's essential for them to follow these new rules. The Central Bank of Nigeria will give more information about these changes later on.





User
Please upgrade it for a 15 year old

ChatGPT
Sure! Let's upgrade the explanation for a 15-year-old:

Imagine you're part of a big marketplace where people trade different currencies, just like in a market where you can exchange money from one country to another. The Central Bank of Nigeria is like the manager of this marketplace, and they've made some changes to how things work. I'll explain it to you in simpler terms.

First, they used to have different sections for trading different types of currencies, but now they have combined everything into one main section called the Investors and Exporters (I&E) window. So, all the currency trading will happen in this one place.

Second, they have a new way of determining the exchange rate between currencies. It's called the "Willing Buyer, Willing Seller" model. This means that the value of one currency compared to another will be based on what someone is willing to pay to buy that currency and what someone else is willing to sell it for. This helps to ensure fairness in the exchange rates.

Third, when the government needs to exchange currencies, they will use the average exchange rate from the previous day's trades in the I&E window. They will calculate this average with two decimal places to be more precise.

Fourth, they have some new rules regarding how much currency people can have if they have too much or too little. If someone has too much currency and it's causing a problem, they won't be allowed to have any more. On the other hand, if someone doesn't have enough currency, they can use a special contract called OTC futures to protect themselves from losing more currency.

Fifth, they are reintroducing a system that shows how much people are willing to buy or sell currencies for. It's called the Order Book, which displays the prices people are asking for their currencies. Additionally, all trades will be verified and cleared by a special group called the Central Counter Party (CCP) to ensure proper execution.

Sixth, they have specific trading hours when people can exchange currencies. It will be from 9 in the morning to 4 in the afternoon, based on Nigeria's local time.

Seventh, two programs will be discontinued. The first is the RT200 Rebate Scheme, which provided certain benefits to individuals exchanging currencies. The second is the Naira4Dollar Remittance Scheme, which had specific rules for currency exchange when people sent money from other countries.

These changes are important for everyone involved in currency trading, and it's crucial to follow these new rules. The Central Bank of Nigeria will provide further guidance on these changes in the future.




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08026423428

08026423428

When did it become the constitutional roles of Pastors to construct roads? You guys are bent on casting aspersion on the Christian faith. You did not blame the 2 former ministers of works who are from that area and whose jobs were road construction but a genuine Minister of God in the person of Pastor Chris whose responsibility is to build lives. And people like you do not even comment when you hear that some Pastors like E.A Adeboye have constructed roads that govt neglected. Go and do something better with your life, in fact, I sentence you to one month of listening to Pastor Chris messages and reading of his books so your life can be bettered.

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john4success:
result of trading Price actions. if you can master the PA chart i attached i believe there won't be need for any SBBOT as i trade currency when i want to be in charge of my trade.

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[font=Lucida Sans Unicode]SLIDEwaxie

Na who no gey work wey wan assassinate that impotent and worthless vulture?


Stop carrying fake news. His importance has faded away with the past corrupt administration.

No one hardly remembers or hear his name. His time don pass. Make he no dey try insert his name for book of remembrance jare.


Don't quote me.

This is Africa and by your repugnant and corrosive outburst against a very Senior Servant of God you have have just chosen to be on the side of negative reality of natural and supernatural laws and by your name SLIDE,you have just started sliding away except you apologetically repent, i really fear for you because your judgement wont be delayed.

Jewelry

1 Timothy 2:9 ESV / 111 helpful votes

Likewise also that women should adorn themselves in respectable apparel, with modesty and self-control, not with braided hair and gold or pearls or costly attire,

1 Peter 3:3 ESV / 81 helpful votes

Do not let your adorning be external—the braiding of hair and the putting on of gold jewelry, or the clothing you wear—

1 Peter 3:4 ESV / 62 helpful votes

But let your adorning be the hidden person of the heart with the imperishable beauty of a gentle and quiet spirit, which in God's sight is very precious.

Leviticus 19:28 ESV / 52 helpful votes

You shall not make any cuts on your body for the dead or tattoo yourselves: I am the Lord.

1 Peter 3:1-6 ESV / 50 helpful votes

Likewise, wives, be subject to your own husbands, so that even if some do not obey the word, they may be won without a word by the conduct of their wives, when they see your respectful and pure conduct. Do not let your adorning be external—the braiding of hair and the putting on of gold jewelry, or the clothing you wear— but let your adorning be the hidden person of the heart with the imperishable beauty of a gentle and quiet spirit, which in God's sight is very precious. For this is how the holy women who hoped in God used to adorn themselves, by submitting to their own husbands, ...

Isaiah 3:16-24 ESV / 30 helpful votes

The Lord said: Because the daughters of Zion are haughty and walk with outstretched necks, glancing wantonly with their eyes, mincing along as they go, tinkling with their feet, therefore the Lord will strike with a scab the heads of the daughters of Zion, and the Lord will lay bare their secret parts. In that day the Lord will take away the finery of the anklets, the headbands, and the crescents; the pendants, the bracelets, and the scarves; the headdresses, the armlets, the sashes, the perfume boxes, and the amulets; ...

Ezekiel 16:8-14 ESV / 25 helpful votes

“When I passed by you again and saw you, behold, you were at the age for love, and I spread the corner of my garment over you and covered your unclothedness; I made my vow to you and entered into a covenant with you, declares the Lord God, and you became mine. Then I bathed you with water and washed off your blood from you and anointed you with oil. I clothed you also with embroidered cloth and shod you with fine leather. I wrapped you in fine linen and covered you with silk. And I adorned you with ornaments and put bracelets on your wrists and a chain on your neck. And I put a ring on your nose and earrings in your ears and a beautiful crown on your head. ...

Deuteronomy 22:5 ESV / 23 helpful votes

“A woman shall not wear a man's garment, nor shall a man put on a woman's cloak, for whoever does these things is an abomination to the Lord your God.

Exodus 33:5 ESV / 21 helpful votes

For the Lord had said to Moses, “Say to the people of Israel, ‘You are a stiff-necked people; if for a single moment I should go up among you, I would consume you. So now take off your ornaments, that I may know what to do with you.’”

Romans 12:2 ESV / 20 helpful votes

Do not be conformed to this world, but be transformed by the renewal of your mind, that by testing you may discern what is the will of God, what is good and acceptable and perfect.

Isaiah 61:10 ESV / 20 helpful votes

I will greatly rejoice in the Lord; my soul shall exult in my God, for he has clothed me with the garments of salvation; he has covered me with the robe of righteousness, as a bridegroom decks himself like a priest with a beautiful headdress, and as a bride adorns herself with her jewels.

Ezekiel 28:13-17 ESV / 15 helpful votes

You were in Eden, the garden of God; every precious stone was your covering, sardius, topaz, and diamond, beryl, onyx, and jasper, sapphire, emerald, and carbuncle; and crafted in gold were your settings and your engravings. On the day that you were created they were prepared. You were an anointed guardian cherub. I placed you; you were on the holy mountain of God; in the midst of the stones of fire you walked. You were blameless in your ways from the day you were created, till unrighteousness was found in you. In the abundance of your trade you were filled with violence in your midst, and you sinned; so I cast you as a profane thing from the mountain of God, and I destroyed you, O guardian cherub, from the midst of the stones of fire. Your heart was proud because of your beauty; you corrupted your wisdom for the sake of your splendor. I cast you to the ground; I exposed you before kings, to feast their eyes on you.

Exodus 32:1-5 ESV / 15 helpful votes

When the people saw that Moses delayed to come down from the mountain, the people gathered themselves together to Aaron and said to him, “Up, make us gods who shall go before us. As for this Moses, the man who brought us up out of the land of Egypt, we do not know what has become of him.” So Aaron said to them, “Take off the rings of gold that are in the ears of your wives, your sons, and your daughters, and bring them to me.” So all the people took off the rings of gold that were in their ears and brought them to Aaron. And he received the gold from their hand and fashioned it with a graving tool and made a golden calf. And they said, “These are your gods, O Israel, who brought you up out of the land of Egypt!” When Aaron saw this, he built an altar before it. And Aaron made proclamation and said, “Tomorrow shall be a feast to the Lord.”

Luke 15:22 ESV / 13 helpful votes

But the father said to his servants, ‘Bring quickly the best robe, and put it on him, and put a ring on his hand, and shoes on his feet.

1 Timothy 2:10 ESV / 11 helpful votes

But with what is proper for women who profess godliness—with good works.

1 Peter 2:8-10 ESV / 10 helpful votes

And “A stone of stumbling, and a rock of offense.” They stumble because they disobey the word, as they were destined to do. But you are a chosen race, a royal priesthood, a holy nation, a people for his own possession, that you may proclaim the excellencies of him who called you out of darkness into his marvelous light. Once you were not a people, but now you are God's people; once you had not received mercy, but now you have received mercy.

Daniel 5:29 ESV / 9 helpful votes

Then Belshazzar gave the command, and Daniel was clothed with purple, a chain of gold was put around his neck, and a proclamation was made about him, that he should be the third ruler in the kingdom.

Song of Solomon 5:10-16 ESV / 8 helpful votes

My beloved is radiant and ruddy, distinguished among ten thousand. His head is the finest gold; his locks are wavy, black as a raven. His eyes are like doves beside streams of water, bathed in milk, sitting beside a full pool. His cheeks are like beds of spices, mounds of sweet-smelling herbs. His lips are lilies, dripping liquid myrrh. His arms are rods of gold, set with jewels. His body is polished ivory, bedecked with sapphires. ...

Ezekiel 16:1-23 ESV / 7 helpful votes

Again the word of the Lord came to me: “Son of man, make known to Jerusalem her abominations, and say, Thus says the Lord God to Jerusalem: Your origin and your birth are of the land of the Canaanites; your father was an Amorite and your mother a Hittite. And as for your birth, on the day you were born your cord was not cut, nor were you washed with water to cleanse you, nor rubbed with salt, nor wrapped in swaddling cloths. No eye pitied you, to do any of these things to you out of compassion for you, but you were cast out on the open field, for you were abhorred, on the day that you were born. ...

Song of Solomon 4:9-10 ESV / 6 helpful votes

You have captivated my heart, my sister, my bride; you have captivated my heart with one glance of your eyes, with one jewel of your necklace. How beautiful is your love, my sister, my bride! How much better is your love than wine, and the fragrance of your oils than any spice!

Genesis 35:2-4 ESV / 6 helpful votes

So Jacob said to his household and to all who were with him, “Put away the foreign gods that are among you and purify yourselves and change your garments. Then let us arise and go up to Bethel, so that I may make there an altar to the God who answers me in the day of my distress and has been with me wherever I have gone.” So they gave to Jacob all the foreign gods that they had, and the rings that were in their ears. Jacob hid them under the terebinth tree that was near Shechem.

Song of Solomon 1:9-11 ESV / 5 helpful votes

I compare you, my love, to a mare among Pharaoh's chariots. Your cheeks are lovely with ornaments, your neck with strings of jewels. We will make for you ornaments of gold, studded with silver.

James 2:2 ESV / 4 helpful votes

For if a man wearing a gold ring and fine clothing comes into your assembly, and a poor man in shabby clothing also comes in,

Helpful Not Helpful
Acts 20:33 ESV / 4 helpful votes

I coveted no one's silver or gold or apparel.

Judges 8:24 ESV / 4 helpful votes

And Gideon said to them, “Let me make a request of you: every one of you give me the earrings from his spoil.” (For they had golden earrings, because they were Ishmaelites.)

Leviticus 19:20-29 ESV / 4 helpful votes

“If a man lies sexually with a woman who is a slave, assigned to another man and not yet ransomed or given her freedom, a distinction shall be made. They shall not be put to death, because she was not free; but he shall bring his compensation to the Lord, to the entrance of the tent of meeting, a ram for a guilt offering. And the priest shall make atonement for him with the ram of the guilt offering before the Lord for his sin that he has committed, and he shall be forgiven for the sin that he has committed. “When you come into the land and plant any kind of tree for food, then you shall regard its fruit as forbidden. Three years it shall be forbidden to you; it must not be eaten. And in the fourth year all its fruit shall be holy, an offering of praise to the Lord. ...

Exodus 35:22-24 ESV / 4 helpful votes

So they came, both men and women. All who were of a willing heart brought brooches and earrings and signet rings and armlets, all sorts of gold objects, every man dedicating an offering of gold to the Lord. And every one who possessed blue or purple or scarlet yarns or fine linen or goats' hair or tanned rams' skins or goatskins brought them. Everyone who could make a contribution of silver or bronze brought it as the Lord's contribution. And every one who possessed acacia wood of any use in the work brought it.

Exodus 35:20-29 ESV / 4 helpful votes

Then all the congregation of the people of Israel departed from the presence of Moses. And they came, everyone whose heart stirred him, and everyone whose spirit moved him, and brought the Lord's contribution to be used for the tent of meeting, and for all its service, and for the holy garments. So they came, both men and women. All who were of a willing heart brought brooches and earrings and signet rings and armlets, all sorts of gold objects, every man dedicating an offering of gold to the Lord. And every one who possessed blue or purple or scarlet yarns or fine linen or goats' hair or tanned rams' skins or goatskins brought them. Everyone who could make a contribution of silver or bronze brought it as the Lord's contribution. And every one who possessed acacia wood of any use in the work brought it. ...

Suggest a Verse

I think its time we start asking questions about these revelations.Some of these heavens that people especially west africans talk about leaves everyone else with many questions and requiring that the claimants be further investigated is the story the same elsewhere in the world.The faith of so many are weakened more than being strengthened by these various heavenly revelations where as the exact opposite should be the reality.Some of these claims are frivolous and scripturally unballanced.I find it difficult to swallow hook line and sinker some of the points raised by these revelations like a woman going to hell for putting on attachment,painting lips or fingernails,and weaving or braiding hair.WHERE IN THE BIBLE CAN WE POINT TO AS EXPLICIT REFERENCES TO THESE DOS AND DONTS.One of these preachers in who condenmed hair braiding and attachment some time ago actually said that in that same heaven where she was told not to have additions to her hair on earth,her hair was plated with gold by angels which leaves me with questions on the implications of that act ,TAKE NOTE GOD IS INTERESTED IN HOW WE LOOK.

Ezekiel 16:8-14 ESV / 25 helpful votes

“When I passed by you again and saw you, behold, you were at the age for love, and I spread the corner of my garment over you and covered your unclothedness; I made my vow to you and entered into a covenant with you, declares the Lord God, and you became mine. Then I bathed you with water and washed off your blood from you and anointed you with oil. I clothed you also with embroidered cloth and shod you with fine leather. I wrapped you in fine linen and covered you with silk. And I adorned you with ornaments and put bracelets on your wrists and a chain on your neck. And I put a ring on your nose and earrings in your ears and a beautiful crown on your head


THIS GOD WHO DID THIS IN THE TIME OF PROPHET EZEKIEL (PRE-CIVILIZATION TIME) HAS SUDDENLY CHANGED as these west african heavenly visitors want to make us believe.The grace of God is what is helping us on the path of righteousness in this race ordinarily its not an easy race and so no one should attempt to make it more dificult for anyone.

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Now the northern governors have suddenly realised how drained the north has become with these agitations of boko haram that want to down play western education. All the northern elites in govt today who are products of western education are keeping mute over boko haram but now these hypocrites want the 13% given to the blessed and fruitful but deprived niger delta states to be slashed. FOR THEIR INFORMATION THE 13% DERIVIATION IS NO MORE AN EMBRACEABLE ISSUE IN THE NIGER DELTA WHAT WE WANT NOW FROM THE FEDERAL GOVT IS A TOTAL 100% CONTROL OF OUR RESOURCES AND TAXES TO BE PAID TO THE CENTRE, THAT IS HOW JUSTICE CAN BE RESTORED TO THE NIGER DELTA.IT IS ALSO OUR CONCERN THAT NO ONE CAN LAY CLAIM TO POSSES OIL BLOCKS IN THE SOUTH WHEN HE IS FROM THE NORTH ALL OF THESE INJUSTICES MUST COME TO AN END.AM VERY SURE THAT VERY SOON THE NORTH WILL FOREVER LIVE TO REGRET OVER THE ACTIVITIES OF BOKO HARAM.THESE GOVERNORS HAVE RE-AWAKEN THE AGITATIONS OF THE NIGER DELTA PEOPLE FOR RESOURCE CONTROL .WHAT THE NORTH IS CLAMOURING FOR THROUGH BOKO HARAM IS RELIGIOUS CONTROL OVER THEIR REGION AND THESE GOVERNORS SHOULD NOT BOTHER ABOUT DERIVIATION WHEN THEY CAN NOT GUARANTY SAFETY OF LIVES AND PROPERTY.THESE ISSUES RAISED BY THE NORTHERN GOVERNORS ARE THE MORE REASONS WHY WE SHOULD HAVE A SOVEREIGN NATIONAL CONFERENCE WHERE MATTERS BORDERING ON TRUE FEDREALISM AND RESORCE CONTROL BE DISCUSSED .IF EVERY REGION OF THE COUNTRY IS TO CONTROL THEIR RESOURCES THE VIOLENCE IN THE NORTH WILL DISAPPEAR INSTANTLY AS NO GOVERNOR WOULD WANT TO BE OUT OF FINANCIAL RESOURCES AND DO ALL THEY CAN TO MAINTAIN PEACE IN THEIR RESPECTIVE STATES.

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