Nigeria’s Aviation News for Wednesday August 17, 2016

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Wednesdays are lighter days and so it's not surprising that a few aviation reports are available. Find the headlines below and follow the links provided to read the details:

 Customs Shuts Export unit at Lagos Airport

PHOTO CREDIT: www.google.com

Exporters of perishable goods /vegetables have condemned  the shutting down of the Export Unit at the Lagos international airport by officials of the Federal Operations Unit of the Nigerian Customs Service.They  said the shutting down has led to loss of revenue.

The exporters alleged that Customs would have acted following a tip off about some unscrupulous Chinese who were exporting donkey skin through Emirates Airline.
Confirming the incident, Captain John Okakpu Chief Executive Officer, ABX World, described the exporters frustrations as unquantifiable, saying they  have already lost millions of Naira following the Customs action.
He said  Customs ought to have carried out a thorough investigation before shutting down all export businesses at the Lagos Airport.
http://thenationonlineng.net/customs-shuts-export-unit-lagos-airport
http://punchng.com/customs-shut-sahcol-nahco-warehouses-lagos-airport
https://newtelegraphonline.com/customs-shut-aviation-handling-firms-donkey-skin-export

 

 Banking Tips for Overseas Travellers

Travelling overseas can be expensive; but with relevant knowledge, you can save some money by avoiding Automated Teller Machine fees. You can also get the best exchange rate as well as protection against fraud.
An online report by expertvagabond.com gives the following specific banking tips for travellers.
Image result for PHOTOS ATM CARDS
PHOTO CREDIT: www.google.com
Avoid international bank fees: The best way to obtain local currency overseas is to withdraw it from an ATM. It is quick, easy, and you will get a good exchange rate.
But you will be charged every time you withdraw money from a different bank’s ATM. Often both your bank and the bank that owns the ATM will charge you a fee.
Multiple sources for redundancy: Use three different accounts for safety.? International financial fraud is on the rise, and plenty of travel horror stories involve drained bank accounts.
For example, an ATM can be compromised. Planning for worst-case scenarios is a smart thing to do. An ATM card can be stolen so; it is recommended to have more than one ATM account while you travel.
Travel rewards credit card: Another way to save money and provide some security while you travel is to carry a credit card.
International exchange rates are cheapest when paying with a credit card, and it is a great backup to have in case of an emergency. Many cards also include basic travel, theft, and auto rental insurance.
http://punchng.com/banking-tips-overseas-travellers

 

Five Ways to Secure your Money Abroad

Nothing ruins a vacation like a monetary crisis. The risks are certainly there. An online report by dailyworth.com? gives some tips to help you protect your money abroad, prepare for emergencies, and prevent overspending.

Image result for PHOTOS naira notes
PHOTO CREDIT: www.google.com
Inform your bank before the trip: Be as detailed as possible about where you will be (hotels, specific cities and the countries). Most banks let you do it online.
Before you leave, make sure you have your bank’s international contact information with you in case something goes wrong.
Don’t keep all your money in one place: Do not keep all your money in the same account or ATM. Having emergency money in traveller’s cheque as well as cash is a smart idea.
Enable online accounts: Assuming you don’t have online banking already, get it. Logging in to your account online will give you the option to verify your activities if you do get flagged, monitor your expenses, and keep an eye out for fraudulent charges.
Avoid airport currency exchanges: While it is convenient to exchange your money at the airport, the exchange rate will be less than favourable. Avoid unfair exchange rates by withdrawing money from an ATM or bank.
Get a no-foreign-transaction-fee credit or debit card: Most cards charge a premium for any international transaction, so you may want to open a no-foreign-transaction-fee credit or debit card before your trip.
 You should also use it to book your trip — flights on foreign airlines and hotel reservations can all be subject to international fees.
Just make sure that your card offers a worldwide payment network, and do your research to make sure your travel destinations are covered.
http://punchng.com/five-ways-secure-money-abroad

Comments

  1. Trend News7 March 2020 at 05:31

    What is electronic Indian Visa (India e-Visa)?
    Government of India has launched electronic travel authorisation or eTA for India which allows citizens of 180 countries to travel to India without requiring a physical stamping on the passport. This new type of authorisation is called an eVisa India (or electronic India Visa). It is this electronic India Visa Online that allows foreign visitors to visit India for five major purposes, tourism / recreation short term courses, business, medical visit or conferences. There are further number of sub-categories under each visa type. All foreign travellers are required to hold an India eVisa (India Visa Online application process) or a regular/paper Visa prior to entry into the country as per Indian Government Immigration Authorities.
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    ReplyDelete

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