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CBN Tightens Naira Dollar(Forex) Regulations: BDCs Face Stricter Limits and Potential License Suspension

  The Central Bank of Nigeria (CBN) has issued new directives aimed at regulating the foreign exchange (forex) market and curbing potential abuses. The new guidelines, which came into effect recently, impose stricter limits on Bureau de Change (BDC) operators and introduce penalties for non-compliance, including potential license suspension. Key Highlights of the New Forex Regulations: Limited Forex Purchases for BDCs: BDCs can now only purchase a maximum of $25,000 per week from a single authorized dealer bank. This measure aims to prevent BDCs from approaching multiple banks to accumulate large forex allocations, thereby reducing the risk of misuse. Maximum Disbursement Limit: BDCs now have access t  o a maximum disbursement of $5,000 per transaction per quarter for eligible transactions such as business and personal travel allowances, overseas school fees, and medical expenses. Price Ceiling for BDCs: BDCs are mandated to sell forex to end-users at a rate not exc...
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Airplane Crash: Japan Airlines

  Japan Airlines and Delta Collision at Seattle-Tacoma: FAA to Investigate A Japan Airlines Boeing 787-9 Dreamliner collided with the tail of a Delta Air Lines Boeing 737-800 while taxiing at Seattle-Tacoma International Airport (SEA) on February 5, 2025. The Federal Aviation Administration (FAA) confirmed the incident, which led to temporary flight pauses at SEA as investigations began ( FAA, 2025 ). The accident occurred at 10:40 a.m. local time (1840 GMT). Delta’s aircraft, bound for Puerto Vallarta, Mexico, had 142 passengers onboard and was waiting for deicing when the Japan Airlines jet struck its tail ( Delta Air Lines, 2025 ). The Japan Airlines plane had just landed from Tokyo. Immediate Response and Investigation No injuries were reported. Delta transferred passengers to another aircraft ( Delta Airlines, 2025 ). The FAA has launched a formal investigation, with Delta confirming full cooperation ( FAA, 2025 ). Operational Disruptions at SEA The FAA temporarily pause...

AC Milan's Tammy, Theo, and New Stars Shine – Player Ratings Included

  Tammy, Theo, and Milan’s New Stars Shine – Player Ratings from Italian Papers AC Milan booked their spot in the Coppa Italia semi-finals with a commanding 3-1 win over AS Roma at San Siro. The match featured stellar performances, new signings making an immediate impact, and a victory that thrilled the Rossoneri faithful. Let’s dive into the player ratings from top Italian sports outlets. Match Recap: Abraham and New Signings Steal the Show Tammy Abraham opened the Milan vs Roma match by scoring with a powerful header before doubling his tally with a precise finish on the counter (La Gazzetta dello Sport, 2024). Roma briefly threatened a comeback as Artem Dovbyk found the net early in the second half, but Milan’s new recruits put the game to bed. Santiago Gimenez set up Joao Felix, who delivered a clinical chipped finish to seal the win (Corriere dello Sport, 2024). Player Ratings from Italian Media La Gazzetta dello Sport (2024) Milan Team Rating : ⭐ 7/10 Sergio Conceicao (Manag...

India and US: The Deportation Controversy and What It Means for Nigerians.

  India and US: The Deportation Controversy and What It Means for Nigerians India is currently engaging with the United States after reports surfaced of Indian deportees being shackled during a 40-hour flight back to India. On Wednesday, a US military plane landed in Amritsar with 104 Indian deportees who had entered the US illegally. The use of restraints during the flight sparked outrage, with critics condemning the treatment as inhumane. While India’s Foreign Minister, S. Jaishankar, clarified that women and children were not restrained, the situation has stirred political backlash, including condemnation from Indian opposition MPs. The incident has put a spotlight on the broader issue of how deportees are treated in international immigration processes. In light of the US government's strong stance on deportations, the question arises: What can Nigerians learn from this situation? Nigerians, especially those considering international migration, need to be aware of the risks asso...

Why I Stopped Writing For So Long!

Many a times, I want to express myself via writing. By God’s grace, I know I’m an articulate writer. I express myself better when writing than speaking. However, as soon as I set my mind to write, the enthusiasm drops and I’m wondering why I wanted to write. Some other times, I’m also thinking that what I want to write might be private.  You see, I’m privileged to have certain private and dynamic relationships with different kind of people. As such, I’m being careful of writing what will make these people think I’m writing about them. At the same time, I love being private - I also wouldn’t want to write and the smart Peeps in my corner add one plus one to make eleven. Lol.  Many reasons, right? Is it just me? Am I thinking too much? Am I caring too much? Am I too concerned? Am I am I? πŸ™ˆ Let’s go into what we have for us today. You see, sometime in the year 2021, my phone was stolen. That was like the third phone that got missing within the space of three years. Unfortunately...

Who Stole My Money?

Hey Guys!!! How have you been in the last few days and how has Nigeria been to you? Rather, lol, how have you been to Nigeria? And yes, happy children's day, everyone; y’all are children of God, right? Before I delve into the gist for today o, I need your advise; and I'm very serious about it. Since this week commenced, my morning hunger pangs have really increased πŸ˜”. Honestly, when I'm yet to eat in the morning, I feel lightheaded and somewhat weak. It hasn't been like this for a long while. What's happening na? Is it a weather thing? If you have answers, please, drop it in the comment session. E da Kun (please)πŸ™ˆ To today's gist, due to one of the hunger sessions I had yesterday, I had to calm my nerves with Ewa Agoyin (beans and sauce made by the Agoyins. To know a little about the Agoyins, please, click here ) and yam. Ewa Agoyin with fried ripe plantain.  Picture credit: Pinterest Fast forward till afternoon when I was hungry again, I settled after so many...

Finding Joy in Faith: Exploring the Power of Christian Entertainment

Hey There! Are you a Christian seeking ways to enjoy life while staying true to your faith? Wondering how to add some fun without compromising your beliefs? πŸ˜‚ We've all been there! I've put together a fantastic selection of Christian movies that'll help you relax, laugh, and stay connected with God. Because let's face it, God laughs too, and He wants you to experience joy! From heartfelt dramas to uplifting comedies, these faith-based films are sure to inspire and entertain you: "A Matter of Faith": Stream here: Link "Let Go, Let God": Watch here: Link "Princess Cut": Enjoy here: Link I can't wait to hear your thoughts after watching these movies. And don't forget to grab some popcorn and drinks for the ultimate movie night! Always remember, Jesus loves you. Shalom.

Now, I know!

Hello people of wonder, How are you doing today? (So, in my mind, I’m asking you with a british accent, kindly respond in a british accent tooπŸ™ˆ). Talking about accents, I like to come across people who don't fake accents, sometimes, I upgrade my accents talking with them. There are some good fakers, and yes, there are some terrible fakers who even commit grammatical blunders with their accents. Lolz! Have you met any like that? I've met a couple of some, and they can be pretty annoying... Let's delve into the gist for today; something happened at my place of work. I got to work that morning with so many things on my mind to do; quickly, I started to pick up my tasks one after the other. In the midst of that, a colleague asked me a question that I can't honestly remember now. However, I remember part of the response I gave her. I told her, “Can’t you see...?” I was on a call when I said that, afterwards, the Holy Spirit didn't allow me peace. He instructed...

Party Rice.

Wonderful People of God! How're we doing today? And how did the service go at our respective churches yesterday? Mine was beautiful and colourful as we had our family carnival. I had great fun cheering some of my team members from my corner. To the gist of today(it's a long read but very interesting),  anyone who claims to be close to me must know that I don't really fancy rice as food; in fact, at home, I'd rather go for morsels than rice. However, there's a twist to thisπŸ™ˆπŸ˜‰-- clears throat, I really like party jollof riceπŸ’ƒ . You see, there are some life events that really excites me; they are weddings and naming ceremonies. The reasons aren't far-fetched, it is an introduction of a totally new beginning and of course, the party rice that comes with these events. So, there are these beautiful blood of Jesus sisters of mine. Let's call them Ukot and Anra respectively. So it happened that someone was to have her child's naming ceremony, of cour...

Shattered Screen.

Dearest people, trust we are fine and bouncing today. Did you miss me? πŸ˜‰ I have something on mind I'd like to share quickly. I'm not sure I'm able to recount exactly how I feel about it, but I'll say it still. When I'm in a relationship with anyone, I do it with all my heart such that if any misunderstanding occurs between us, I need to practically take a walk and talk it out with God to help me with my emotions. So, is this particular with me only? If it isn't, how do you cope with yours? How do you manage your emotions when your loved ones are concerned? How do you make yourself more understandable? I have so many questions actually, but, God is over all. So, to the gist about our topic, I was staying with a big friend of mine who has her bathroom and toilet outside her room. On that beautiful Sunday morning, she woke me up at few minutes past 6 am to prepare for Sunday service. In my bid to be fast and proper with it, I took my phone along to have li...