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Nigerian Government Proposes 50% Tax Relief for Companies Increasing Salaries

The Nigerian government has introduced a bill that proposes a 50% tax relief for companies that increase salaries or offer transportation allowances to low-income workers. This bill aims to reform Nigeria’s tax system and provide income tax exemptions to incentivize salary adjustments. Companies will be allowed an additional 50% deduction in their relevant years of […]

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Davido Steals the Show at Lagos Fashion Week 2024

Famous Afrobeat musician Davido made a stunning appearance at the 2024 Lagos Fashion Week’s runway. He walked the runway on Thursday night for renowned designer Ugo Monye, wearing a kingly outfit with a staff. The singer’s confidence and charm cheered the audience as he walked the stage twice. Social media users reacted with admiration, praising

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Ogun State Government Renews Commitment to Reduce Soaring Food Prices

The Ogun State Government has reaffirmed its dedication to addressing the challenge of high food prices in the country. During the harvest of fish by Ado-Odo/Ota Fish farmers’ clusters, Commissioner for Agriculture and Food Security, Bolu Owotomo, disclosed that the government has implemented various interventions and support for farmers to boost food production and supply,

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Minister of Agriculture and Food Security Reveals 30 Million Hectares of Farmland Lie Unused in Nigeria

The Minister of State for Agriculture and Food Security, Senator Aliyu Abdullahi, disclosed that approximately 30 million hectares of arable land in Nigeria remain unused. This revelation came during a visit from the President of the National Tomato Growers, Processors, and Marketers Association of Nigeria to Abdullahi’s office in Abuja. Abdullahi highlighted that Nigeria boasts

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Portable and Ashabi’s Social Media Feud Escalates

Controversial street-pop singer, Portable, and his baby mama, Actress Ashabi Simple, are at it again on social media. The two have been trading blows online, with Portable accusing Ashabi of showing him “fake love” just a month after welcoming their second child together. Ashabi had shared a video on Instagram, praising herself and tagging herself

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Central Bank of Nigeria clarifies validity of old Naira notes

The Central Bank of Nigeria (CBN) has reaffirmed that the old series of N200, N500, and N1,000 banknotes will remain valid indefinitely, contrary to claims that they would cease to be legal tender by December 31, 2024. This clarification comes after speculation and concern in the media over the validity of old naira notes. The

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Binance executive, Tigran Gambaryan released from Nigerian detention after eight months

Tigran Gambaryan, Binance’s Head of Financial Crime Compliance, has been released from detention in Nigeria after eight months. The world’s largest cryptocurrency exchange confirmed his release, stating that Gambaryan was allowed to leave Kuje prison due to his deteriorating health condition. A Federal High Court in Abuja dismissed the money laundering charges against him, citing

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President Bola Tinubu seeks Senate’s confirmation of seven new ministerial nominees

President Bola Tinubu has requested the Senate’s confirmation of seven new ministerial nominees to replace the five ministers he sacked on Wednesday. The sacked ministers include Uju-Ken Ohanenye (Women Affairs), Lola Ade-John (Tourism), Prof Tahir Mamman (Education), Abdullahi Muhammad Gwarzo (State, Housing and Urban Development), and Jamila Bio Ibrahim (Youth Development). The President’s request was

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Sanwo-Olu to lead APC’s campaign council for Ondo election

The All Progressives Congress (APC) has formed a 305-member campaign council to drive its campaign for the upcoming Ondo State governorship election, with Lagos State Governor, Babajide Sanwo-Olu, as chairman. The election is scheduled to take place on November 16. Sanwo-Olu will leverage his leadership experience in Lagos to guide the campaign’s activities and winning

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Kanayo O. Kanayo questions Federal Government over military presence in South-East

Veteran Nollywood actor, Kanayo O. Kanayo, has expressed concerns about the heavy military and police presence in the South-Eastern part of Nigeria. In a video posted on his Instagram page, Kanayo highlighted the humiliation faced by travelers in the region, comparing it to his own experience traveling from Ibadan to Lagos without encountering any checkpoints.

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