Female Feticide in North America?

Please read.

Canada urged to conceal fetal sex over abortion fears

Sanusi looks to Asia for Nigerian borrowing

Nigerian central bank governor Lamido Sanusi believes the likelihood of European banks going into a major crisis is quite high, and is concerned over the impact on Nigerian oil exports.





Sanusi looks to Asia for Nigerian borrowing

Speaking at a central banking and financial sector development conference hosted by Bank Negara Malaysia in November, Sanusi said: “We are concerned because we sell our oil to Europe and America, and any major slowdown is likely to lead to softness in the oil market, which would affect government revenues. The only thing that is different is that [Nigerian] banks are better prepared than they were in 2008 as we have recapitalized them and cleaned up their books.”



Although financially-troubled eurozone countries—Greece, Portugal and Ireland—are not big enough to bring down European banks, with an estimated 1.8 trillion euros in debt, Sanusi said Italy is a bigger problem, as is Spain. By the central banker’s own estimation, Europe needs 2 trillion euros to fix Italy and Spain, which he estimates is more than two-thirds of the total tax revenues of Germany.



The crisis in Europe is forcing Nigeria to look further afield for borrowing. Increasingly, Sanusi sees his country’s fortunes tied to Asia. Following the 2008 banking crisis, the central bank modeled its response on that of Asian central banks, such as Bank Negara Malaysia. It also sees Malaysia as the obvious choice for issuing a sukuk toward the end of 2012. Although the final decision on a sovereign sukuk rests with Nigeria’s finance ministry, Sanusi said the CB is playing a facilitating role. A sukuk could attract interest from Asian and European investors, and proceeds could be used to finance infrastructure projects in Nigeria. With a Muslim population of more than 80 million, Nigeria could become an Islamic finance hub in Africa, according to Sanusi.



Having converted 10% of Nigeria’s foreign exchange reserves to renminbi, Sanusi also hopes to draw upon the growing market for offshore renminbi borrowing. “It is important to look to Asia, in the short term at least, as one likely source of borrowing,” he said.


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which way naija?

Celebrate!

Join women around the World to celebrate 100 years of International Women's Day.


Please visit: care.org/iwd for events

who's afraid to fail?

At the age of seven, a young boy and his family were forced out of their home. The boy had to work to support his family. At the age of nine, his mother passed away. When he grew up, the young man was keen to go to law school, but had no prior formal education.


At 22, he lost his job as a store clerk. At 23, he ran for state legislature and lost. That same year he went into business.
It failed, leaving him with a debt that took him 17 years to repay.
At 27, he had a nervous breakdown.
Two years later, he ran for speaker in his state legislature. He lost.
At 31, he was defeated in his attempt to become an elector.
By 35, he had been defeated twice while running for Congress.
Finally, he did manage to secure a brief term in Congress, but at 39 he lost his re-election bid.


At 41, his four-year-old son died. At 42, he was rejected as a prospective land officer.
At 45, he ran for the Senate and lost. Two years later, he lost the vice presidential nomination. At 49, he ran for Senate and lost again.


At 51, he was elected the President of the United States of America.

Thus was the life of Abraham Lincoln.




Excerpted from the Executive Report.

It's INTERNATIONAL WOMEN'S DAY!

Be all the woman you can be

I miss the good old days!

Happy 2010 blogpeeps!

I miss the good old days!
does anyone remember the good old days? of rants and raves and thought provoking post, of virtual friendships that seemed real, of shamelessly falling in love with blogpersonas, of sisterhood bonds that inspired, stimulated and raised our collective consciousness.

anyone remember my girls, Belle, Zephi, shola pacheco, soupasexy, anyaposh, smarragad, ms. emotions, princessa, isi, allied, nikkisab, the afrobeat, paradigm, honeywell, miss pumping, omosewa, oluwadee,guerienenaija, ndq, xena, darkelce, nyemoni and afroliciuos? (did i miss anyone?)
i know 30+, 36,fq and solo are still blogging and pinksatin makes sporadic postings here and there. all am saying is, the state of the sisterhood has changed. what did u say? i have changed? of course! don't be ridiculous! am older, not any wiser and more opinionated than ever!

even the brodas are not blogging like before! Naapali just hopped and left, no sighting of bro nimmo, carl is on a cruise, charizard hitched his wag with burracup, rumor is swirling that jinta skipped town with some chick..., laspapi? he's sorta blogging i think! like i said the landscape of blogville has changed.

goodnaijagirl, did u think i forgot about u? never babe! big ups for holding down blogeria. u are so lovable!

greetings to all u newbies, and not so newbies,

Bellebellebelle, where fore art thou? still missing u babe!
mizopekemizopekemizopeke please come back oh. luv ya!
Jinta Jinta Jinta please come back, i miss u!luv ya!