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Naira Now Trades At ₦380/$ From ₦525/$ ‘A Month Ago’ As CBN Pumps Another $100M

https://media.360nobs.site.com.ng/wp-content/uploads/2017/01/Naira-and-Dollar-640x431.jpg The naira has continued to flourish as it sold for between N380 and N385 in Lagos on Thursday, stronger than N399 from the previous day. ThisDay gathered that currency speculators and others who had stockpiled the greenback have continued to count their losses on Thursday, when the local currency extended its gains on the parallel market and inched closer towards a convergence between the street price for the dollar and the rate offered by the Central Bank of Nigeria (CBN) for invisible transactions. It was gathered that the foreign exchange rate for invisibles has remained at N375 since the CBN announced new policy measures for the FX market a month ago. Nigeria’s apex bank also sustained its intervention by auctioning an additional $100 million through wholesale FX forwards to banks for onward sale to their customers in all sections of the economy. Out Of the $100 million offered by the C...
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How To Stay Positive In Negative Situations

If want to fly, give up everything that weighs you down. Having a positive attitude can be hard, especially when everything isn’t going the way it supposed to. Discovering happiness through all this can be as exhausting as giving blood, but we all have to find a way to be positive through it all. Negative situations happen all the time. We can’t avoid them, so how can we counteract their negative effect on our lives and our attitudes? Learning the power of positive thinking helps us stay positive even in the midst of tragedy. A lot of people ask how to stay positive, well, staying positive isn’t always as difficult as you think. You just need to discover happiness in the smaller things in life. And then, when you project that happiness, it can have a great impact on the people who surround you. Let look at other ways you can try to stay positive in life. Learning how to stay positive in negative situations is invaluable in leading a healthy lifestyle. Here are 6 ways you can achieve ...
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Panic As Naira Plunges To An All Time Low Of 500 Per Dollar

Naira-Dollar-Parallel-Market-2-640x431.jpg The Naira on Monday morning plunged to an all time record low of 500 against the United States dollar, down from 498 it closed on Friday at the parallel market. The news will be coming as a shock to Nigerians as a whole, most especially economic analysts, who still have predicted a sharp depreciation on the currency. Naira Weakens Further Against 3 Major Currencies At Parallel Market It is also trading 615 and 525 to the pound and euro respectively at the back market segment. At the highly pegged official market, the currency remains unchanged at 305 to a dollar. Naira Trades At 494/$ On Christmas Day, From 268/$ On December 25, 2015 It was learnt that the Chief Executive Officer of the Financial Derivatives Company Limited, Mr. Bismarck Rewane had in a bulletin containing the FDC’s economic outlook for 2017 released in January, predicted that the naira would trade at N350/dollar at the Interbank Foreign Exchange Market and depreciate to N5...
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Trump backs off tough stand on green-card holders

The Trump administration took a major step back late Sunday from its temporary ban on immigrants from seven Muslim-majority countries, issuing a clarification that the order does not apply to green-card holders “absent the receipt of significant derogatory information. “In applying the provisions of the president’s executive order, I hereby deem the entry of lawful permanent residents to be in the national interest,” Homeland Security Secretary John Kelly said in a statement. “Accordingly, absent the receipt of significant derogatory information indicating a serious threat to public safety and welfare, lawful permanent resident status will be a dispositive factor in our case-by-case determinations.” Kelly’s statement came hours after White House chief of staff Reince Priebus said on NBC’s “Meet the Press” that Trump’s executive order would not apply to legal permanent residents “going forward” and after federal judges in Boston had ruled that border security agents could not detain ...
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Strange! This beautiful fast food worker was arrested for putting menstrual blood&Saliva in customer's food.

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An 18-year-old girl, Sky Juliett Samuel is facing five years in jail after she allegedly licked and smeared her own menstrual blood on a cheeseburger before serving it to a unsuspecting customer at the fast food restaurant where she worked. The incident occurred on January 7 at a Jack’s Family Restaurant in the town of Columbus. After a heated exchange where insults were traded with a female customer, Sky allegedly spread her bodily fluids on the burger, before handing it over at the drive-thru window around 10 pm. A co-worker of Samuel’s later told her mother, Tabatha Hollins, who posted about the incident on her Facebook page, writing: "If u went to Jack's between 10:00pm and 10:30pm on 1/7/2017 and u order the big jack with a sprite, u got more then ketchup!" The customer saw the Facebook post and alerted Columbus police. An arrest warrant was issued and Samuel turned herself. She was arrested on felony charges of selling unwholesome bread or drink and later relea...
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PHOTO: Subsidy fraudster sentenced to 10years imprisonment.

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Justice Lateefat Okunnu of the Lagos High Court Ikeja, has sentenced Walter Wagbatsoma and Adaoha Ugo-Nnadi, owners of Ontario Oil and Gas company, to 10 years in prison for fuel subsidy fraud. The duo were found guilty of obtaining the sum of N754 million by false pretense from the Federal Government purporting the money to be subsidy payable to Ontario Oil and Gas Nigeria Limited.  Delivering judgement this morning, the presiding judge ordered the accused persons and their company to refund N754 million being the amount it defrauded the Nigerian government. The judge ruled that their sentence would start counting from January 13th 2016.
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Photos of the six Nigerian Red Cross workers killed in Rann accidental air strike Borno

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These are the six Nigerian Red Cross workers, whose lives were terminated suddenly in accidental bombing by the Nigerian military on a camp for internally displaced persons in Rann, Kala-Balge LGA, Borno state, have been laid to rest. 13 other Red Cross workers were injured are still receiving treatment at the hospital.
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