The Dollar to naira depreciation is no news, especially in recent years. In fact, it is safe to say that the naira/dollar exchange rate is one of the most discussed issues plaguing Nigeria. It is a topic either discussed with a smile (if being paid in dollars and resides in Nigeria) or with a frown (if otherwise) and must I say, only a few conversations of this topic are discussed with a smile …… in Nigeria of course. There have been a number of speculations of reasons for the recent steady depreciation. While some attribute the steady depreciation to the high demand for foreign exchange (dollars) against the supply in Nigeria, most blame it on the falling oil prices in the international market and its consequential pressures since the dollar is the globally accepted exchange currency. Thankfully, this article will not help contribute to the speculations on the cause of the depreciation. The idea of this article is to shed some light on the past and the future of the nai
It is Wednesday. Two days after Monday and two days before Friday. Oh, Friday. Now who does not like the sound of that? At this point of the week, a huge percentage of us would have tire out. Motivation level may be low on the average, particularly the working segment. It is so hard to improve one’s motivation level throughout the week. It is harder to sustain it But it is not impossible. Elon musk, who is a South African by birth (Yes, he is African), business magnate, investor , engineer, inventor , and said to work 100 hours a week, surely knows what it means to tire out. But he still keeps pushing on. If I may be so bold to describe him in my words, he is “the man from the future”. Here are 10 inspiring quotes from Elon musk that will help refuel your motivation for the rest of the week. 1. “ When something is important enough, you do it even if the odds are not in your favor. ” 2. “ Failure is an option here. If things