₦airaland Forum

Queenttoast01:
The Central Bank of Nigeria recently injected about N1 trillion stimulus to support the fragile economy and slash interest rates on soft loans to selected sectors of the economy, but it is yet to show how it plans to support such interventions.

Queenttoast01:
The naira has been hitting new lows on the over-the-counter spot and black markets since last month, after the Central Bank adjusted its official rate, implying a 15% devaluation. This was done to absorb the impact of an oil price crash triggered by the coronavirus pandemic.

The Nigerian currency touched over N430 per dollar on the black market this week for the first time since 2017, about 14% weaker than the official pegged rate.

The naira was quoted at N386.33 on the spot market on Friday.

In addition, at the forward market, the one-year non-deliverable contract surged past N500 per dollar this week.

Money market rates climbed to 35% today, following the debit from just 2% at the last session.

https://nairametrics.com/2020/04/24/naira-hits-n500-to-1-at-the-forward-market/

Generalnomercy:
Seriously Nigeria is finished.

Queenttoast01:
Dominique, mynd44, OAM4J pls push to FP not delete

Queenttoast01:
The Federal Government of Nigeria has recently made a plea for about $3.4 billion in emergency financing from the International Monetary Fund to neutralize the negative impacts of the COVID-19 pandemic, coupled with low oil prices.

Queenttoast01:
The Central Bank of Nigeria recently injected about N1 trillion stimulus to support the fragile economy and slash interest rates on soft loans to selected sectors of the economy, but it is yet to show how it plans to support such interventions.

Queenttoast01:
The naira has been hitting new lows on the over-the-counter spot and black markets since last month, after the Central Bank adjusted its official rate, implying a 15% devaluation. This was done to absorb the impact of an oil price crash triggered by the coronavirus pandemic.

The Nigerian currency touched over N430 per dollar on the black market this week for the first time since 2017, about 14% weaker than the official pegged rate.

The naira was quoted at N386.33 on the spot market on Friday.

In addition, at the forward market, the one-year non-deliverable contract surged past N500 per dollar this week.

Money market rates climbed to 35% today, following the debit from just 2% at the last session.

https://nairametrics.com/2020/04/24/naira-hits-n500-to-1-at-the-forward-market/

Queenttoast01:
The Federal Government of Nigeria has recently made a plea for about $3.4 billion in emergency financing from the International Monetary Fund to neutralize the negative impacts of the COVID-19 pandemic, coupled with low oil prices.

Queenttoast01:
The Central Bank of Nigeria recently injected about N1 trillion stimulus to support the fragile economy and slash interest rates on soft loans to selected sectors of the economy, but it is yet to show how it plans to support such interventions.

Queenttoast01:
The naira has been hitting new lows on the over-the-counter spot and black markets since last month, after the Central Bank adjusted its official rate, implying a 15% devaluation. This was done to absorb the impact of an oil price crash triggered by the coronavirus pandemic.

The Nigerian currency touched over N430 per dollar on the black market this week for the first time since 2017, about 14% weaker than the official pegged rate.

The naira was quoted at N386.33 on the spot market on Friday.

In addition, at the forward market, the one-year non-deliverable contract surged past N500 per dollar this week.

Money market rates climbed to 35% today, following the debit from just 2% at the last session.

https://nairametrics.com/2020/04/24/naira-hits-n500-to-1-at-the-forward-market/

Packboizzy:
Pls I need idea on the best way to start teaching students, mostly primary level online. Based on this lockdown

Queenttoast01:
The Federal Government of Nigeria has recently made a plea for about $3.4 billion in emergency financing from the International Monetary Fund to neutralize the negative impacts of the COVID-19 pandemic, coupled with low oil prices.

Queenttoast01:
The Central Bank of Nigeria recently injected about N1 trillion stimulus to support the fragile economy and slash interest rates on soft loans to selected sectors of the economy, but it is yet to show how it plans to support such interventions.

Queenttoast01:
The naira has been hitting new lows on the over-the-counter spot and black markets since last month, after the Central Bank adjusted its official rate, implying a 15% devaluation. This was done to absorb the impact of an oil price crash triggered by the coronavirus pandemic.

The Nigerian currency touched over N430 per dollar on the black market this week for the first time since 2017, about 14% weaker than the official pegged rate.

The naira was quoted at N386.33 on the spot market on Friday.

In addition, at the forward market, the one-year non-deliverable contract surged past N500 per dollar this week.

Money market rates climbed to 35% today, following the debit from just 2% at the last session.

https://nairametrics.com/2020/04/24/naira-hits-n500-to-1-at-the-forward-market/

Queenttoast01:
The Federal Government of Nigeria has recently made a plea for about $3.4 billion in emergency financing from the International Monetary Fund to neutralize the negative impacts of the COVID-19 pandemic, coupled with low oil prices.

Queenttoast01:
The Central Bank of Nigeria recently injected about N1 trillion stimulus to support the fragile economy and slash interest rates on soft loans to selected sectors of the economy, but it is yet to show how it plans to support such interventions.

Queenttoast01:
The naira has been hitting new lows on the over-the-counter spot and black markets since last month, after the Central Bank adjusted its official rate, implying a 15% devaluation. This was done to absorb the impact of an oil price crash triggered by the coronavirus pandemic.

The Nigerian currency touched over N430 per dollar on the black market this week for the first time since 2017, about 14% weaker than the official pegged rate.

The naira was quoted at N386.33 on the spot market on Friday.

In addition, at the forward market, the one-year non-deliverable contract surged past N500 per dollar this week.

Money market rates climbed to 35% today, following the debit from just 2% at the last session.

https://nairametrics.com/2020/04/24/naira-hits-n500-to-1-at-the-forward-market/

Queenttoast01:
Fans and colleagues have taken to Twitter to pay tribute to him, thanking him for making their childhood so fun with the famous cartoon series.

Queenttoast01:
Deitch was best known for his famous work on Popeye the Sailor and also on the Tom and Jerry animated series, of which he directed 13 episodes.

In 2004, he received the Winsor McCay Award for his lifelong contribution to animation.

He also created other animated cartoons such as Munro, Tom Terrific, and Nudnik.

Queenttoast01:
According to Metro UK , the Oscar-winning illustrator was found dead at his apartment in Prague on Thursday night.

Confirming his death, Petr Himmel, his publisher, said Deitch died ‘unexpectedly,’ and no further details have been given, but that he was last seen in his apartment in the Litter Quarter neighborhood.

Queenttoast01:
The director of the famous Tom and Jerry animated cartoons, Gene Deitch, has died at the age of 95.

Queenttoast01:
‘Tom and Jerry’ cartoon director, Gene Deitch is dead


https://dailypost.ng/2020/04/21/tom-and-jerry-cartoon-director-gene-deitch-is-dead/amp/?__twitter_impression=true

Queenttoast01:
Fans and colleagues have taken to Twitter to pay tribute to him, thanking him for making their childhood so fun with the famous cartoon series.

Queenttoast01:
Deitch was best known for his famous work on Popeye the Sailor and also on the Tom and Jerry animated series, of which he directed 13 episodes.

In 2004, he received the Winsor McCay Award for his lifelong contribution to animation.

He also created other animated cartoons such as Munro, Tom Terrific, and Nudnik.