Showing posts with label this. Show all posts
Showing posts with label this. Show all posts

Thursday, 3 March 2016

Asteroid set to whiz past Earth sometime this month

An asteroid is making a second run at Earth, this time whizzing past in the next few days.

NASA is projecting that the basketball-court-sized asteroid, 2013 TX68, should fly by from March 5 to March 8. It will be the second time the asteroid has come near Earth, passing two years ago at a comfortable distance of about 1.3 million miles.

"We already knew this asteroid, 2013 TX68, would safely fly past Earth in early March, but this additional data allow us to get a better handle on its orbital path," Paul Chodas, manager of NASA's Center for Near-Earth Object Studies (CNEOS), said in a statement. "The data indicate that this small asteroid will probably pass much farther away from Earth than previously thought."
Related: Asteroid-mining company 3D-prints object from space rock metals

This graphic depicts the orbit of asteroid 2013 TX68. The asteroid will fly by Earth on March 8. The asteroid poses no threat to Earth during this flyby or in the foreseeable future. (NASA/JPL-Caltech Image credit: NASA/JPL-Caltech)
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ASTEROIDS
Asteroid set to whiz past Earth sometime this month
An asteroid is making a second run at Earth, this time whizzing past in the next few days.
NASA is projecting that the basketball-court-sized asteroid, 2013 TX68, should fly by from March 5 to March 8. It will be the second time the asteroid has come near Earth, passing two years ago at a comfortable distance of about 1.3 million miles.
"We already knew this asteroid, 2013 TX68, would safely fly past Earth in early March, but this additional data allow us to get a better handle on its orbital path," Paul Chodas, manager of NASA's Center for Near-Earth Object Studies (CNEOS), said in a statement. "The data indicate that this small asteroid will probably pass much farther away from Earth than previously thought."
Related: Asteroid-mining company 3D-prints object from space rock metals
CNEOS's latest prediction are that 2013 TX68 will fly by roughly 3 million miles from our planet. There is still a chance that it could pass closer, but certainly no closer than 15,000 miles above Earth's surface.
"There is no concern whatsoever regarding this asteroid - unless you were interested in seeing it with a telescope," said Chodas.
"Prospects for observing this asteroid, which were not very good to begin with, are now even worse because the asteroid is likely to be farther away, and therefore dimmer than previously believed."
Sean Marshall, a Cornell University grad student who works on observations of near-Earth asteroids, said the closest approach could be within Earth’s ‘ring’ of geostationary satellites or as far out as 40 times the distance to the Moon.
Related: Fireball meteor exploded over the Atlantic earlier this month
“Should this asteroid come closer than the geostationary satellites, it would be a rare occurrence -- that only happens about once per decade for large asteroids,” Marshall said in a statement. “What we know for sure is that it
will not collide with Earth this month, so do not panic.”
The asteroid was discovered by the NASA-funded Catalina Sky Survey on Oct. 6, 2013, as it approached Earth on the nighttime side. After three days of tracking, the asteroid passed into the daytime sky and could no longer be observed. Because it was not tracked for very long, scientists cannot predict its
precise orbit around the Sun.
The arrival of 2013 TX68 is just the latest space rock to mesmerize asteroid hunters.
There was a close encounter with another asteroid on Christmas Eve. In that case, asteroid 2003 SD220 passed about 6.6 million miles from Earth — or about 27 times farther than the moon is from Earth. The asteroid was not visible to the naked eye.
Less than a month later, NASA announced it was opening a special office to track asteroids.
The Planetary Defense Coordination Office formalizes the agency’s existing program for detecting and tracking near-Earth Objects. The office is located within NASA’s Planetary Science Division, which is in the agency's Science Mission Directorate in Washington.
Related: Meteorite hunters find 6 space rocks from Florida fireball
The space agency explained that more than 13,500 near-Earth objects have been discovered to date – more than 95 percent of them since NASA-funded surveys began in 1998. About 1,500 NEOs are now detected each year, according to NASA.
There were also several meteor sightings in February – including one in India that reportedly killed man, though that has been dismissed by NASA. A fireball exploded over the Atlantic Ocean also in February and six space rocks from a meteor were found in Florida.


Sunday, 14 February 2016

Naira to weaken further as dollar demand soars

The naira will weaken further at the parallel market this week after shedding nine per cent of its value last week, foreign exchange dealers and economic experts have said.

Last week, the local currency fell from 310 to 338 as acute shortage of the greenback lingered.

The CBN has left the official exchange rate unchanged at N197 to the dollar on its official interbank window.

Forex dealers and experts expect the naira to fall further at the parallel market this week as demand for the greenback continues to soar.

“The situation has got to the point of hysteria now; everybody wants to hold dollars. So the demand is rising and piling up,” the Chief Executive Officer, Cowry Asset Management Limited, Mr. Johnson Chukwu, said.

The local currency hit a record low of 338 to the dollar on Thursday as desperate importers scrambled for dollars to meet their obligations overseas.

The local currency had closed at 325, 318, 313.5 and 310 on Thursday, Wednesday, Tuesday and Monday, respectively.

“We see the naira falling further in coming days if the central bank fails to lift the dollar restriction,” the Acting President, Association of Bureau De Change Operators, Aminu Gwadabe, said.

Tumbling global oil prices have battered Nigeria’s oil-dependent economy, with external reserves down to an 11-year low at $27.89bn on February 9, Reuters reported.

President Muhammadu Buhari is concerned that further depreciation will hurt poor Nigerians, but the CBN’s refusal to revise the pegged exchange rate has widened a chasm between official rate and the parallel market.

In January, the central bank halted dollar sales to the BDC operators and allowed commercial banks to accept dollar deposits, in a failed effort to shore up dwindling foreign reserves.

Around 90 per cent of the nation’s foreign exchange earnings come from crude oil exports, but mismanagement of the refineries means the country must also import expensive refined fuel.

The Managing Director, Financial Derivatives Company Limited, Mr. Bismarck Rewane, said it was high time the CBN came up with a forex policy to address the forex crisis confronting the nation.

In an economic note released on Thursday, Rewane said, “Nigerians are perplexed at the endless slide of their currency, which is now trading at the lowest points ever.

“This is happening even when the oil price is up at $31pb. The debate as whether to devalue the naira is not the real issue. The discourse should be whether we need an exchange rate policy or not. The absence of a policy is a recipe for economic anarchy and a race to the bottom.”

According to Chukwu of Cowry Asset, the CBN needs to address the forex crisis before it gets too late.

The Head, Investment Advisory, Afrinvest West Africa Limited, Mr. Ayodeji Ebo, believes the CBN needs to review the list of the 41 items it banned from the official forex market, saying “some of the items need to return to the official forex market to reduce the pressure at the parallel market.”

Source:punch.ng

Monday, 2 November 2015

BVN Scam: Even The Most Cautious Person May Fall For This One

One of our readers sent this in and i think its very
important that you all go through it so that you
don't fall victim too because this is to real for
someone not to fall victim. Kindly read below:
“From a friend……..Good morning
Please read this carefully, it may save you a few
hundred, or a few thousand, or may be a few
million bucks. It’s a personal experience, a true
event that happened this afternoon. I am Sunday
Adewole, I just fell victim of fraudsters a few
hours ago. I am an account holder with
StanbicIBTC bank, I am trying to put fund
together to pay for my daughter’s tuition fee in
CU in which case the institution already resumed
last week. Yesterday afternoon, I got a call from
somebody purportedly from StanbicIBTC who said
“Am I speaking with Dr. Adewole” (called out my
other names) to which I answered in the
affirmative. He said he called in respect of my
BVN which I was observed not to have done, I
replied that I already had it done with Skye bank
and he said the bank will send me a link so that
my account with Stanbic will be linked with the
BVN. True to our conversation, I receive a
message from StanbicIBTC in which an OTP was
sent to my phone. A few minutes later, he called
to ask if I got the the SMS, I told him yes but I
can’t do anything about it cos I was driving. He
said no problem I should call out the numbers
which I did and he thanked me for my
cooperation in a customer service manner. I heard
nothing since then till this afternoon at precisely
13:00 hrs when I received a SMS from
StanbicIBTC informing me of a debit transaction
which cleared my account to the lowest thousand,
i.e. I was left with a paltry N685 (six hundred and
eighty five naira). I called my account officer who
confirmed to me that I have fallen victim of
fraudsters and he checked up on my account and
saw that the recipient acct is in First Bank. My
puzzle is how did they get my account details?
How were they able to generate an OTP to my
phone. I am waiting to see what my bank would
do on it. In the mean time, please be aware of
what the 419 people can do. I’ll keep you posted
on any new development.”
http://www.onlineleaks247.com/
index.php/2015/11/02/on-going-bvn-scam-even-
the-most-cautious-person-will-fall-for-this-one/
CC: lalasticlala
lala, kindly put this out there to keep people
informed. Thanks