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Jobs/Vacancies / Re: Apply For 2016 AGIP Oil And Gas Msc Foreign And Local Scholarship For Nigerians by lexdgreat: 10:55am On Jun 19, 2016
Please someone should help a brother with the Dragnet past questions. Biko nuo. Thank you in advance
Jobs/Vacancies / Re: Apply For 2016 AGIP Oil And Gas Msc Foreign And Local Scholarship For Nigerians by lexdgreat: 10:27am On Jun 19, 2016
Y. Thanks.
Nairaland / General / Has Mtn Changed For The Better In Terms Of Service Disruption? by lexdgreat: 1:17pm On Jan 02, 2016
I received a message from Mtn January 1st at 9:56pm that reads :

"Happy New Year from Mtn! We apologize for the service disruption yesterday. Service has been restored and you have been compensated with #1500. Thank you "
I wasn't really excited about the message but I reluctantly check my promo account using *559#, I didn't see a dime. I checked my main account using *556#, to my surprise the digits were credited to my main account. To confirm, I quickly did a transfer using share and sell to multiple numbers in case it was a mistake from Mtn and it worked. Although I have not been recharging much on the line due to their wahala with NCC because I don't want my money to be part of the billions to be paid by them. smiley
This got me wondering because nobody around me got the same message. Did anyone got the message as well? This is really a good new year gift from them.
My year is really starting well or don't you think so fellows?
Jokes Etc / When You Want To Fetch To Bath After Returning From Igbo 'bunk' by lexdgreat: 11:00am On Dec 27, 2015
Waiting for the bucket to full after returning from the 'bunk'. grin

Politics / Re: Photos Of Nnamdi Kanu In Court Toady: ''I Have No Confidence In This Court'' by lexdgreat: 3:26pm On Dec 23, 2015
I see a man with a strong will of purpose, not intimidated but strong willed.

10 Likes

Politics / Re: BREAKING: Boko Haram Backs Buhari For Presidency....vows To Bomb If....??? by lexdgreat: 7:22am On Jan 08, 2015
Some arguments here are so twisted that you can easily see where they are coming from. Let me start by saying that as a corper serving in North-east, the North is not homogeneous as some people try to propagate it. Trying to bungle the whole North as one is most uncharitable and clearly myopic.
Now based on what boko haram is saying, I can't make a single sense from it, because what they are saying is different from what they are trying to propagate. Please can we devote our time to more pressing issues at hand.
Flip please........
Business / China Is Officially The Number One Economy by lexdgreat: 10:19pm On Dec 05, 2014
The Chinese economy just overtook the United States economy to become the largest in the world. For the first time since Ulysses S. Grant was president, America is not the leading economic power on the planet.

It just happened — and almost nobody noticed.

The International Monetary Fund recently released the latest numbers for the world economy. And when you measure national economic output in “real” terms of goods and services, China will this year produce $17.6 trillion — compared with $17.4 trillion for the U.S.A.

As recently as 2000, America produced nearly three times as much as the Chinese.

To put the numbers slightly differently, China now accounts for 16.5% of the global economy when measured in real purchasing-power terms, compared with 16.3% for the U.S.

This latest economic earthquake follows the development last year when China surpassed the U.S. for the first time in terms of global trade.

China’s recent decision to bring gross domestic product calculations in line with international standards has revealed activity that had previously gone uncounted.


These calculations are based on a well-established and widely used economic measure known as purchasing-power parity (or PPP), which measures the actual output as opposed to fluctuations in exchange rates. So a Starbucks venti Frappucino served in Beijing counts the same as a venti Frappucino served in Minneapolis, regardless of what happens to be going on among foreign-exchange traders.

PPP is the real way of comparing economies. It is one reported by the IMF and was, for example, the one used by McKinsey & Co. consultants back in the 1990s when they undertook a study of economic productivity on behalf of the British government.

Yes, when you look at mere international exchange rates, the U.S. economy remains bigger than that of China, allegedly by almost 70%. But such measures, although they are widely followed, are largely meaningless. Does the U.S. economy really shrink if the dollar falls 10% on international currency markets? Does the recent plunge in the yen mean the Japanese economy is vanishing before our eyes?

It is not in anyone’s interest at the IMF that people in the Western world start focusing too much on the sheer extent of China’s power. But the PPP data come from the IMF. And it is noteworthy that when the IMF’s official World Economic Outlook compares countries by their share of world output, it does so using PPP.

Yes, all statistics are open to various quibbles. It is perfectly possible China’s latest numbers overstate output — or understate them. That may also be true of U.S. GDP figures. But the IMF data are the best we have.

Make no mistake: This is a geopolitical earthquake with a high reading on the Richter scale. Throughout history, political and military power have always depended on economic power. Britain was the workshop of the world before she ruled the waves. And it was Britain’s relative economic decline that preceded the collapse of her power. And it was a similar story with previous hegemonic powers such as France and Spain.

This will not change anything tomorrow or next week, but it will change almost everything in the longer term. We have lived in a world dominated by the U.S. since at least 1945 and, in many ways, since the late 19th century. And we have lived for 200 years — since the Battle of Waterloo in 1815 — in a world dominated by two reasonably democratic, constitutional countries in Great Britain and the U.S.A. For all their flaws, the two countries have been in the vanguard worldwide in terms of civil liberties, democratic processes and constitutional rights.

1 Like

NYSC / Re: Is It Right For NYSC To Still Be Posting Corpers To The North? by lexdgreat: 8:54am On Nov 20, 2014
Not all North-eastern state are in turmoil. Taraba State especially jalingo were am currently serving is very safe for corpers for now . Most of the refugees from neighbouring state take refuge here.

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