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Historically, soldiers serving overseas had been paid in local currency rather than in their "home" currency. [1] Most cash drawn by soldiers would go directly into the local economy, and in a damaged economy the effects of a hard currency such as the dollar circulating freely alongside weaker local currencies could be very problematic, risking severe inflation.
The possibility that the Stingers might be diverted for purposes not intended by U.S. policymakers provided an additional impetus for the CIA to expand the number of unilateral agents on its Afghan payroll (including both Massoud and Abdul Haq until Bearden ended direct subsidies to Haq after the latter criticized the ISI's role in the conflict ...
On 1 January 1973, the Central Bank of Nigeria introduced notes for 50 kobo, ₦1, ₦5, ₦10 and ₦20: in April 1984, the colors of all naira banknotes were changed in an attempt to control money laundering. [12] In 1991, ₦50 notes were issued, while the 50 kobo and ₦1 notes were replaced by coins in 1991.
ABUJA, Nigeria (AP) — Nigeria’s push to replace its paper money with newly designed currency notes has created a shortage The post Nigeria sees cash shortage amid push for redesigned currency ...
The Stinger is a portable surface-to-air defense system that can be carried and fired by troops or mounted to a vehicle and used as short-range defense against aircraft. The Raytheon-produced system was one of the first weapons the U.S. shipped to Ukraine following Russia's 2022 invasion.
It is located in both Abuja and Lagos and is majority-owned by the government of Nigeria. [1] In addition to printing the banknotes and the postal orders of Nigeria, it has struck some of the coins of Nigeria. It also prints stamps. The Central Bank of Nigeria (CBN) is the sole issuer of legal tender money throughout the Federation. It controls ...
The FIM-92 Stinger is an American man-portable air-defense system ... the U.S. government has signed a contract for 1,468 Stingers worth a total of $687 million, ...
Sambo Dasuki, the National Security Adviser who allegedly masterminded the $2 billion arms deal. The $2 billion arms deal, or Dasukigate, [1] is an arms procurement deal in Nigeria that resulted in the embezzlement of $2 billion through the office of the National Security Adviser under the leadership of Colonel Sambo Dasuki, the former National Security Adviser. [2]