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Friday, 10 June 2016

All The Chairman's Men



How To Make Tough Decisions By Flipping A Coin – And Be Right Every Time

Have you ever been forced to make a choice, but you’re torn between two options, unable to make a decision? Would you believe that the simple flip of a coin can guarantee you make the right choice every time?
It’s true.
When you’ve established all the pros and cons, heard everyone’s input, gone over it in your mind from every possible angle, and still agonized for days or weeks without being able to come to a decision, it’s time to pull out the coin.
Make one option heads, and the other tails. Hold the coin in your hand for a minute, visualizing the two options on either side. Take a deep breath, and toss the coin into the air.
Suddenly it doesn’t matter which side the coin lands on – because you know which side you’re hoping it lands on.
You have your answer. And it’s the right one.
- Nate St. Pierre, 2002

Saturday, 4 June 2016

Inside Job

Forex: CBN throws Naira into open market, nullifies N197/$ exchange rate
Vanguard ON MAY 25, 2016
The Central Bank of Nigeria, CBN, yesterday, announced a flexible exchange rate regime aimed at making foreign currencies more accessible. With this action, the CBN has nullified the official exchange rate regime of N197/dollar……

Briefing the media after the MPC meeting, Emefiele explained that “the MPC voted unanimously to adopt a flexible exchange rate policy to restore the automatic adjustment properties of the exchange rate,” adding that it voted also to “retain a small window for funding critical transactions” and that “details of operations of the market would be released by the Central Bank at the appropriate time.”
Read more at: http://www.vanguardngr.com/2016/05/forex-cbn-throws-naira-into-open-market/