THE Federal Inland Revenue Service (FIRS), on Friday, re-arraigned Binance Holdings Limited on four-count charge bordering on tax evasion allegations. Nigerian representative of Binance, Ayodele Omotilewa, who was docked, took a plea on behalf of the company before Justice Emeka Nwite of a Federal High Court, Abuja. He pleaded not …
Read More »
THE National Agency for Food and Drug Administration and Control (NAFDAC) on Friday confiscated alcoholic beverages packaged in sachets and pet bottles below 200ml worth millions of naira in Imo. The News Agency of Nigeria (NAN) reports that some of the alcoholic beverages confiscated by the agency include: Action bitters, …
Read More »
Nigerian senators have rejected a bill seeking to amend the Foreign Exchange Act of 2004 expected to reduce the regulatory function of the Central Bank of Nigeria on the Fx Market. The bill, titled “The Foreign Exchange (Control and Monitoring) Bill, 2024 (SB. 353),” was sponsored by Sani Musa (APC-Niger), …
Read More »
Famous Nigerian Afrobeats star Rema is reportedly set to be paid $3m to perform at the wedding of Anant Ambani, son of India’s richest man Mukesh Ambani, and Radhika Merchant, daughter of pharma tycoons Viren and Shaila Merchant. A viral video on Thursday showed his arrival in India ahead of …
Read More »
THE great news emerging from the Supreme Court in Abuja this morning is sweet music to the ears of All Progressives Congress (APC) as well as the silent ,suffering masses of Anambra State. No other state has suffered under the system of systematic pilferage of Local Government funds, turned into …
Read More »
THE Edo State Government has approved the constitution of the Governing Council of the Ambrose Alli University, Ekpoma. In a statement, the Secretary to the State Government, Osarodion Ogie Esq., said the council, which is made up of seven members, would be chaired by Dr. Omo-Ehijele Frank Odafen. According to …
Read More »
THE Nigerian Legal Awards (NLA) will continue to reward hard work, high work ethic, and excellence. L-R :Joseph Ometa of Olanihun Ajayi LP; Chinedu Nwoodo; Organizer of the Awards, Mr Fashila; Jonathan Alujui; Toyosi Alai; Ikanna Okim; Victor Okoli; Bukola ekinson; and Zikoraifechukwu Ebenebe, during the presentation of Law Firm …
Read More »
SOUTH Africa’s Communication Risk Information Centre (COMRiC) has dismantled a large SIM card fraud ring operating in Johannesburg and Bloemfontein, leading to the arrests of 45 individuals in Johannesburg and 3 in Bloemfontein, all foreign nationals. Among the arrested were six Chinese nationals identified as the ringleaders. Authorities confiscated over …
Read More »
IN a groundbreaking move for African innovation, the United Nations Development Programme (UNDP) has announced plans to raise $1bn in collaboration with African governments and the private sector to support startup innovation across the continent. This ambitious initiative gained momentum with the recent launch of the Timbuktoo fintech hub in …
Read More »
THE Nigerian parliament has called for an investigation into the Samoa Agreement, a pact signed with the European Union, after media reports suggested some clauses could promote same-sex relationships. Nigerian authorities have denied these claims and threatened legal action against the media outlets reporting them. Lawmakers, who were not consulted before …
Read More »
