Tag: Cash
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Former president stopped at airport with $18,000 in cash
Former Honduran president Manuel Zelaya was stopped at an airport in the capital Tegucigalpa with 18,000 dollars in cash in his bag on Friday. Zelaya was detained and released four hours later, the daily La Tribuna newspaper reported. On his part, ex president Zelaya said on Twitter that he was “unjustly detained” and that the…
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EXCLUSIVE: Desperate Reps opt for N16m cash instead of N42m luxury official cars
…contract awarded at N5bn …contractor doles out cash on demand …may still have to pay N980k out of their N5m severance package after four years By Emman Ovuakporie Some members of the House of Representatives have opted for a N16 million cash settlement instead of collecting Toyota Camry, a luxury car of N42 million. TheNewsGuru.com,…
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COVID-19 support fund exceeds N700 million – FG
The Presidential Task Force (PTF) on COVID-19 has received N792 million from various donors to assist ongoing efforts to tackle the COVID-19 pandemic. The cash donations are separated from non-cash donations made by several individuals and groups. The Chairman of the Task Force, Boss Mustapha, made this known at the daily PTF briefing on Friday.…
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Over N2 Trillion Cash in Circulation – CBN
Total Currency-in-Circulation (CIC) rose by 0.8 percent to N2.3 trillion as at the end of December 2018 according to the 2018 Annual Report released by the Central Bank of Nigeria (CBN) through the Currency Operations Department (COD). This rise in circulation according to the report reflected the high dominance of cash in the economy and…
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Police deny conveying cash with helicopter in Kwara
The Nigeria Police Force has denied that its helicopter and vehicle were used to convey cash as claimed in some social media reports. Some social media reports had alleged that a helicopter belonging to the force landed at St. Paul Primary School, Omuaran, Kwara to off load cash into a vehicle belonging to Mr Tunji…
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Smart ways to keep money safe when travelling solo
Solo travellers are more likely to get targeted by thieves than those travelling as a group. For this reason, it’s important to keep your money safe when travelling. Jumia Travel, the leading online travel agency, shares tips for warding off the pickpockets and burglars.In addition, Trip Indicator can also expose you to the technological advancements…
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Wike sues police over attempt to search his houses for cash, arms
Governor Nyesom Wike of Rivers State has sued the police over an alleged move to search his house in Abuja for huge sums of cash and ammunition. Also joined as defendants in the suit filed before the Federal High Court in Abuja are the Inspector-General of Police, the Economic and Financial Crimes Commission and the…
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Central Banks, Intelligence Agencies and Cash
By Austyn Ogannah Watchers and followers of American history would readily admit that one of the most enduring scandals of the Ronald Reagan Administration was the clandestine sale of arms to Iran, at the time a sworn enemy of the US, with some of the proceeds sent to a South American Rebel group in cash.…