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Casey Kasem Obituary: Music Expert John Covach on the Radio Pioneer

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June 19, 2014 3:09 PM EDT Casey Kasem was one of the most important disc-jockeys in the history of radio. While Alan Freed is often credited with the rowdy rise of rock ‘n’ roll in the mid 1950s and Tom Donahue with the creation of free-form FM radio in the ‘60s, Kasem’s contribution gently defied the increasingly divisive changes in radio that marked the 1970s. From its first broadcast in 1970, his “America’s Top 40” counted down hit songs in a dizzyingly diverse array of styles. Read More...

CBN Lifts Restrictions On Domiciliary Accounts, Roles Out Six Guidelines

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The Central Bank of Nigeria (CBN) says cash deposits into domiciliary accounts will not be restricted, and customers “shall have unfettered and unrestricted access to funds in their accounts”. Naija News reports that the CBN disclosed this in a statement issued after a meeting with the bankers’ committee on Sunday. The bankers committee meeting was meant to provide further guidance to deposit money banks (DMBs) on the recent operational changes to the foreign exchange market and to discuss the implementation and implications of the policy changes for the banking public. Read More...