Central Bank of Nigeria Injects additional $31m into BDC as Naira falls to N395

The Central bank of Nigeria (CBN), intervened in the bureau de change (BDC) segment by selling additional $31.3 million or $10,000 to 3,135 BDCs, even as the naira depreciated to N395 per dollar in the parallel market.

The special intervention was meant to meet the increase in forex requests by low-end customers using it for legitimate needs like school fees, medical bills, mortgage, etc. Banks are meant to stick to the newly amended policy of selling not more than $10,000 only to BDCs once a week.

The Lantern of the Photuris Firefly

THE lantern, or light organ, of a particular Photuris firefly is covered with jagged scales that dramatically enhance the brightness of the light that the insect produces. * Jagged scales Consider: Researchers have found that tiny scales on the lantern surface of some fireflies form a corrugated pattern, somewhat like overlapping shingles or tiles. The scales tilt up at one end by just 3 micrometers —less than one twentieth the thickness of a human hair. Yet this tiny tilt lets the lantern shine almost 50 percent more brightly than it would if the scales formed an even surface!

An Overview of Indonesia

Land Straddling the equator between Australia and continental Asia, Indonesia is the world’s largest archipelago. Most of its more than 17,500 islands feature rugged mountains and dense tropical forests. With more than 100 active volcanoes, it is also the most active volcanic region on earth.

Beyonce’s Good Genes

Beyonce’ s good looks are definitely good genes. Here’s a 20-year-old baby faced Bey at the Golden Globes in 2001 (left) and 15 years later ... the flawless singer -- who turns 35 this weekend -- at the MTV VMAs last week (right) .

Rielyn Co

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