TEXAS MAN ARRESTED WITH 75 POUNDS OF MARIJUANA IN LUGGAGE WHILE FLYING TO LONDON, POLICE SAY. (PHOTO).

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 Texas man arrested with 75 pounds of marijuana in luggage while flying to London, police say A Texas man was arrested at Miami International Airport after authorities found 75 pounds of marijuana in his luggage before he could board a flight to London. Harrison O’Neill Tiernan, 23, from Austin, was charged with cannabis trafficking. He was traveling to Heathrow Airport and had checked two suitcases for his British Airways flight. Inspectors discovered 65 vacuum-sealed packages containing a green, leafy substance later confirmed to be marijuana. U.S. Customs and Border Protection officers stopped Tiernan while he attempted to board the flight, and he acknowledged that the bags were his. Authorities noted the inspections were part of broader efforts at the airport due to high outbound narcotics activity. In total, Tiernan was carrying 34.01 kilograms, or 74.98 pounds, of marijuana. Homeland Security initially declined the case because the amount did not meet the federal threshold, a...

CBN REMOVES RESTRICTION ON DOMICILIARY ACCOUNTS, RAISES CASH DEPOSITS TO $10,000.(PHOTO).




 CBN Removes Restriction on Domiciliary Accounts, Raises Cash Deposits to $10,000


The Central Bank of Nigeria (CBN) has removed the restrictions on domiciliary accounts and has increased the cash deposits to $10,000 daily.


The bank confirmed this development in a statement on Sunday after an extraordinary Bankers’ Committee meeting to discuss the new foreign exchange (FX) policy aimed to converge the various exchange rate regimes in the country.


The CBN said domiciliary account holders must be allowed full access to their funds.


“Domiciliary account holders are permitted to utilize cash deposits not exceeding $10,000 per day or its equivalent via telegraphic transfer,” a part of the notice from the central bank said.

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