HEROIC LONG ISLAND DAD WHO TRACKED DOWN HIS MISSING DAUGHTER IS BEING CALLED THE REAL LIFE DAD FROM THE HITE MOVIE "TAKEN".(PHOTOS )

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 Heroic Long Island dad who tracked down his missing daughter is being called the real life dad from the hit movie "Taken". When Frank Gervasi's 14-year-old old daughter went missing he was not going to stop until he found her. The whole saga began on December 9th when Frank's daughter went outside to get items out of a vehicle at their New York home and never came back inside. Frank was instantly alarmed and ready to do whatever it took to get his daughter back. He called authorities shortly after realizing she had vanished and a large scale search ensued. Tips poured in and Frank did work closely with law enforcement to try to locate his daughter. However, Frank never took a day off and continued to make pleas on social media as well as follow up on tips... all on his own. On January 3rd, Frank received a tip that his daughter was being held on a boat in Islip. Not wasting any time, Frank barreled full speed ahead serving as his own back up. He headed to the locatio...
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CBN HALTS APPROVAL FOR EXTENSION OF EXPORT PROCEEDS REPATRIATION.(PHOTO).

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𝐂𝐁𝐍 𝐇𝐚𝐥𝐭𝐬 𝐀𝐩𝐩𝐫𝐨𝐯𝐚𝐥 𝐟𝐨𝐫 𝐄𝐱𝐭𝐞𝐧𝐬𝐢𝐨𝐧 𝐨𝐟 𝐄𝐱𝐩𝐨𝐫𝐭 𝐏𝐫𝐨𝐜𝐞𝐞𝐝𝐬 𝐑𝐞𝐩𝐚𝐭𝐫𝐢𝐚𝐭𝐢𝐨𝐧


The Central Bank of Nigeria (CBN) has announced the suspension of approvals for the extension of export proceeds repatriation on behalf of exporters.


This directive which was issued through a circular dated January 8, 2025, take immediate effect.


The suspension applies to both oil and non-oil export transactions.


According to the apex bank, the move aims to enforce compliance with existing foreign exchange regulations.


The circular signed by the acting Director of the CBN’s Trade & Exchange Department, W.J. Kanya, outlined provisions in the Foreign Exchange Manual (Revised Edition, March 2018) as the basis for the decision.


These provisions include Memorandum 10A (23a) and Memorandum 10B (20a).


“With effect from the date of this circular, the Central Bank of Nigeria will no longer approve requests for extension of repatriation of export proceeds by Authorized Dealers on behalf of their customers.


“For the avoidance of doubt, proceeds of oil and non-oil exports are to be repatriated and credited into the exporters’ export proceeds domiciliary accounts within 180 days and 90 days from the bill of lading date for Non-Oil and Oil & Gas exports, respectively,” the circular said.

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