MARIA MENOUNOS HAS TURNED HER OWN HEALTH STRUGGLES INTO A MISSION TO HELP OTHERS.(PHOTO).

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 Maria Menounos reveals why she discusses her 'difficult' health battles Maria Menounos has turned her own health struggles into a mission to help others.  The television host, who survived both a brain tumor and stage II pancreatic cancer, has been candid about her journey, explaining that while she is naturally private, she feels compelled to share her experiences so others can benefit.  Menounos says her openness has given her purpose, allowing her to use her platform to advocate for wellness and inspire people facing similar challenges. She emphasizes the importance of prioritizing health before crises arise, noting that her own lifestyle changes came out of necessity.  Menounos encourages people to make small, consistent choices that add up over time, stressing that wellness is the result of daily habits.  Drawing on decades of experience interviewing experts, she now uses her connections to guide people toward resources and practitioners who can make a rea...

CBN DENIES SELLING FX AT N1, 301/$ TO BDCs. (PHOTO).


 CBN denies selling FX at N1,301/$ to BDCs


The Central Bank of Nigeria (CBN) has dismissed claims that it is selling foreign exchange (FX) to eligible Bureau de Change (BDC) operators at N1,301 per dollar.


In a statement posted on X on Tuesday, the CBN clarified that a widely circulated document suggesting such a transaction did not originate from the bank.


The fake circular claimed that BDCs were permitted to sell FX to eligible end-users at a margin of no more than 1% above the purchase rate from the CBN. It further alleged that the CBN had implemented measures to address exchange rate distortions and approved the sale of $20,000 to each BDC at the rate of N1,301 per dollar.


“Following ongoing reforms in the foreign exchange market to achieve an appropriate market-determined exchange rate for the Naira, the Central Bank of Nigeria (CBN) has observed continued price distortions at the retail end of the market, feeding into the parallel market and widening the exchange rate premium,” the fraudulent document stated.


The fake circular also detailed instructions for BDCs, including making Naira payments to designated CBN Foreign Currency Deposit Accounts and submitting necessary documentation at specific CBN branches in Abuja, Awka, Lagos, and Kano.


However, the CBN has categorically denied these claims, describing the information as false and unaffiliated with the bank.


It is worth noting that on September 6, 2024, the CBN approved the sale of dollars to BDC operators at a rate of N1,580 per dollar.

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