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Politics / Presidency Says Funds For Relief Package Was Drawn From NLNG by iamprincewill88: 8:48am On Jul 08, 2015
The Presidency has dismissed media reports that the presidential relief package was drawn from the nation’s Excess Crude Account.
A statement issued by President Buhari’s Special Adviser on Media and Publicity, Mr Femi Adesina, on Tuesday, said the presidential relief package was drawn from Nigeria Liquefied Natural Gas Company (NLNG) dividends, saying that the Excess Crude Account was intact.more on........http://nairametrics.com/presidency-says-funds-for-relief-package-was-drawn-from-nlng/
Nairaland / General / [WARNING] Declare Cash Above $10k When Traveling Or Go To Jail- CBN by iamprincewill88: 11:34am On Jul 07, 2015
The Central Bank on Monday issued a new press release reiterating that it will work with the Customs and other relevant agencies to get forex traffickers who move forex in raw cash out of Nigeria through our borders
The press release titled TRAFFICKING OF FOREIGN CURRENCY CASH ACROSS
NIGERIA’S BORDERS, notes the CBN is concerned with the increasing trafficking of huge sums of foreign currency across our borders.
As such it reconfirmed that foreign currency exceeding $10,000 must be declared by travelers and that it will aid the Customs in determining the source of such amounts.more on..........http://nairametrics.com/warning-declare-cash-above-10k-when-traveling-or-go-to-jail-cbn/
Nairaland / General / Shell Commence Grassroots Campaign Against Crude Oil Theft In Ogoniland by iamprincewill88: 9:39am On Jul 07, 2015
The Shell Petroleum Development Company of Nigeria Limited (SPDC) has kicked off the second phase of its grassroots campaign against crude oil theft and illegal oil refining activities in Ogoni land, Rivers State. The first phase of the campaign in 2014 reached over 7,000 community people from Eleme, Gokana, Khana, and Tai Local Government Areas.more on.........http://nairametrics.com/shell-commence-grassroots-campaign-against-crude-oil-theft-in-ogoniland/
Nairaland / General / This Is Why Nigeria Loses N700bn To Tourism Annually by iamprincewill88: 9:17am On Jul 07, 2015
Fresh facts have revealed that Nigeria loses over seven hundred billion naira (N700 billion) to tourism annually due to poor management of tourist destinations, heritage sites and monuments across the 36 states and the Federal Capital Territory.
Nigeria has over 1,000 tourist destinations including 33 museums, 65 national monuments out of which two were declared World Heritage Sites, namely, Sukur Cultural Landscape in Adamawa State and Osun Oshogbo Groove in Osun State.more on..........http://nairametrics.com/this-is-why-nigeria-loses-n700bn-to-tourism-annually/
Nairaland / General / Access Bank Will Boost Agriculture In The North East – MD by iamprincewill88: 9:04am On Jul 07, 2015
The Managing Director Access Bank Mr. Herbart Wigwe, has revealed that the bank is ready to enter into partnership with Adamawa State Government to develop agriculture in the northeast region.more on.......http://nairametrics.com/access-bank-will-boost-agriculture-in-the-north-east-md/
Nairaland / General / Five ‘crazy’ Economic Policies Nigerians Should Reject by iamprincewill88: 8:38am On Jul 07, 2015
1. Devaluation
The Central Bank of Nigeria has been under intense pressure to devalue the Naira. This pressure has been on since the new government took over and has only intensified following the circular recently released by the CBN banning importers from sourcing forex in the official market for a list of 41 items. This led Western Publication, the Economist to write an opinion piece that suggested the CBN led by GodwinEmefiele was out of touch with reality and should perhaps be sacked. The CBN of course responded in like fashion. This makes me wonder.more on...........http://nairametrics.com/five-crazy-economic-policies-nigerians-should-reject/

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