“The servicing and defense of the weakening naira with country’s accumulated foreign reserve is not sustainable with shrinking war chest.” – Emeka Chiakwelu, Policy Strategist at AFRIPOL The state and wellbeing of Nigeria’s economy is gradually but steadily losing its momentum and steam, while simultaneously taking its casualty. The first casualty is naira and […]
Union International – Rouble In Freefall As Oil Tracks Lower
Union International: Russians buying goods and assets to try to preserve wealth as rouble’s slide deepens. According to Union International, the continuing slide in global oil prices combined with the effects of international sanctions have sent Russia’s currency into a deep and damaging plunge to a recent low of 72 to the US dollar. Despite […]
Naira’s Dithering: Nollywood and Agriculture can aid ebbing Nigerian Currency
Naira the fickle currency of Nigeria is quite sensitive to the depressing oil price in the international market. Nigeria receives 75-80 percent of her foreign exchange from the export of crude oil. So once there are any negative changes or disruptions in the price of oil, it does adversely affect Naira and thereby reduces the […]
One million people may have been “exposed to hazardous chemicals” at Camp Lejeune, Senate report reveals
Many people may be surprised that water was contamination at Camp Lejeune, N.C. was termed in a Senate report, I stumbled across in 2012 as one of the “largest domestic environmental contamination incident in the history of DOD”… BACKGROUND “Marine Corps base at Camp Lejeune is an active military base located on 236 square miles […]
Youth show resolve to fight the menace of counterfeiting & smuggling
Jammu, February 21, (Scoop News)-FICCI CASCADE (Committee Against Smuggling and Counterfeiting Activities Destroying the Economy) in association with Space Communications organized a Debate Competition on the theme ‘Youth Against Counterfeiting and Smuggling’ here today in Delhi Public School to increase awareness among youth to fight against the menace of counterfeiting and smuggling. Delivering the inaugural […]
Afghanistan is a U.S. supported and approved narco- state
Afghanistan supplies about 90 per cent of the world’s opium. Opium is the substance from which heroin is derived. Corruption also infects many aspects of life in Afghanistan and the buoyant drug trade there flourishes, under the protection afforded by the U.S. military forces – at considerable taxpayer expense I might add. In fact hundreds […]
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