U.S PREPARES FOR POTENTIAL INCREASE IN LONE WOLF TERROR ATTACKS AMID IRAN CONFLICT . (PHOTO).

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 U.S prepares for potential increase in lone wolf terror attacks amid Iran conflict  Recent attacks on a synagogue in Michigan and a university in Virginia have raised concerns that the ongoing war in Iran could be inspiring “lone wolf” terror incidents in the United States, according to law enforcement veterans. Authorities are investigating a vehicular assault at Temple Israel in West Bloomfield, Michigan, which left several injured and the suspect dead, as well as a deadly shooting targeting an ROTC class at Old Dominion University in Norfolk, where students were able to subdue the attacker. Both suspects—Ayman Mohamad Ghazali in Michigan and Mohamed Bailor Jalloh in Virginia—were naturalized U.S. citizens from Lebanon and Sierra Leone, respectively. While officials have been cautious about publicly linking the attacks to the Iran conflict, experts say the events may reflect retaliation for American and Israeli military operations. Former FBI Special Agent Jennifer Coffinda...
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FX CRISIS: TRAVEL ALLOWANCES BY CASH NO LONGER PERMITTED- CBN. (PHOTO)

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 FX Crisis: Travel Allowances By Cash No Longer Permitted — CBN


In a move to solve the foreign exchange crisis in the country, the Central Bank of Nigeria (CBN) says Personal and Basic Travel Allowances will only be paid through electronic channels and not by cash.


The Director of Trade and Exchange Department at the apex bank, Hassan Mahmud, made this known in a circular dated February 14, 2024.


The circular titled, ‘Allowable Channels For Payout Of Personal Travel Allowance (PTA) And Business Travel Allowance (BTA)’.


“Memorandum 8 of the Foreign Exchange manual and the circular with reference FMD/DIR/CIR/GEN/08/003 dated February 20, 2017, stipulate the eligibility criteria for accessing Personal and Business Travel allowances (PTA/BTA),” the circular partly read.


“In line with the Bank’s commitment to ensure transparency and stability in the foreign exchange market and avoid foreign exchange malpractices, All Authorised Dealer Banks shall henceforth effect payout of PTA/BTA through electronic channels only. including debit or credit cards.”


The CBN directed all authorised dealers and the general public to note and comply accordingly.

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