NEWS

CBN Moves to Criminalise Possession of Foreign Currency for more than 30 Days without Depositing it in the Bank | Offenders to Face 2 years Imprisonment or pay 20% of Amount Involved

In a document titled “Working Paper” shared to members of the Chartered Institute of Bankers of Nigeria (CIBN), the Central Bank of Nigeria (CBN) is seeking powers to amend the Foreign Exchange, Monitoring and Miscellaneous Exchange Act (FEMM) which was signed into law in 2014 and allows for foreign investors to import and repatriate money to and fro Nigeria freely. (more…)

by kenneth 0
NEWS

China threatens to cut iPhone sales if Trump declares a trade war

China's state-run newspaper says the government would respond with "countermeasures" if President-elect Donald Trump starts a trade war against the country, warning that the sales of iPhones and US cars would suffer a "setback." In an editorial published on Sunday, the Global Times said it would be "naive" for Trump to follow through on his campaign promises to implement a 45 percent tariff on Chinese exports to the US and to declare the country a currency manipulator. (more…)

by kenneth 0
NEWS

“You people should not ask me questions that will be annoying” – Bobrisky to Reporter asking about Gender Identity Crisis

Idris Okuneye, who is otherwise known as Bobrisky, had a chat with SaharaTV recently and he talked to them about his lifestyle, making money and more. He was also asked if he had any gender identity crisis while growing up as a child but he wasn’t here for those kinds of questions and he let the interviewer know. (more…)

by kenneth 0
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