Saturday, 26 November 2016

Nigeria releases $355m for raw material import



                               Image result for The Central Bank of Nigeria 
The Central Bank of Nigeria (CBN) disbursed a total of $355.74 million for raw materials imports in the month of October. A statement by the bank said the amount was about 40.99% of the total 867.83 million dollars CBN special interbank foreign exchange package.
Out of the 356 million dollars CBN raw materials FX intervention last month, the highest amount goes to school fees, medicals and other invisibles. At the second place was petroleum industries with 150.81 million dollars while the manufacturing sector received 91.27 million dollars. On the list also are agriculture, aviation and finished goods. The Central Bank says the disbursements were based on a total of 7,792 requests that were received for vital raw materials and spare parts sourcing. The Central Bank of Nigeria (CBN) had given access to about 7,792 requests for foreign exchange valued at over 867 million dollars to manufacturers and other strategic actors in the Nigerian economy, according to a statement. The statement by acting Director, Corporate Communications Department, Mr Isaac Okorafor, said the access was in continuation of CBN’s resolve to ease foreign exchange pressure on manufacturers. The access, Okoroafor noted, was given through inter-bank window to enable manufacturers and strategic actors to source for vital raw materials and spare parts for their respective industries.

Source:Vanguard News

Kenyan Fashion blogger,Sharon Mundia is now officially Mrs Leteipan



                            Image result for Sharon Mundia
Fashion blogger Sharon Mundia is now officially Mrs Leteipan. She said "I do" to her fiance, Lonina on Friday, in Watamu.
 Image result for beautiful photos from Sharon Mundia's all-white beach wedding
The all-white wedding ceremony was held at Medina Palms Hotel with a picturesque background of pristine white beaches and the endless sky blue ocean.
                      Image result for beautiful photos from Sharon Mundia's all-white beach wedding
The invite only wedding ceremony saw celebrities in attendance among them Citizen TV's Janet Mbugua, TV personality Edith Kimani, Susan Wong, Patricia Kihoro, Joy Kendi and Miss Mandi among others.
                          Image result for beautiful photos from Sharon Mundia's all-white beach wedding Image result for beautiful photos from Sharon Mundia's all-white beach wedding 

Compiled by Anderw