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...

NIGERIA POSTS $6.83BN BALANCE OF PAYMENTS SURPLUS IN 2024 — CBN. (PHOTO)


 Nigeria Posts $6.83bn Balance of Payments Surplus in 2024 — CBN


The Central Bank of Nigeria (CBN) has announced a $6.83 billion Balance of Payments surplus for 2024, reversing deficits recorded in the previous two years.


In a statement on Wednesday, the apex bank attributed the surplus to macroeconomic reforms, improved trade performance, and stronger investor confidence.


Key highlights include a $13.17 billion trade surplus, a 48.3% surge in gas exports, and $20.93 billion in personal remittances. Portfolio investments more than doubled to $13.35 billion, while foreign reserves rose by $6 billion to $40.19 billion.


Despite a 42.3% drop in FDI, the CBN said the overall outlook remains strong, citing improved data accuracy and the success of FX market reforms.

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