The Federal Government has revealed plans to introduce a 50% tax on banks’ profits from foreign exchange revaluation in 2023, subject to approval by the National Assembly. This windfall tax, outlined in the proposed changes to the 2023 Finance Act, aims to generate funds for vital projects and initiatives under the “Renewed Hope” program, including…
President Bola Ahmed Tinubu has written to the National Assembly requesting a N6.2 trillion increase in the 2024 Appropriation Act. The request was made in a letter read aloud by Senate President Godswill Akpabio during the Wednesday session in the upper legislative chamber. This adjustment raises the 2024 budget to N34.9 trillion, up from the…
Bella Okagbue, the stunning BBNaija star, has revealed the secrets to her healthy lifestyle, and her fans are taking note! In a recent interview, Bella proudly shared that she doesn’t smoke, and her decision to avoid this harmful habit is just one of the ways she prioritizes her well-being. By sharing her health secrets, Bella…
The Federal High Court in Abuja has taken a decisive step by issuing a bench warrant for the arrest of Dr. Abraham Ehizojie, a medical doctor at the Kuje Correctional Centre. The warrant was issued by Justice Emeka Nwite due to Dr. Ehizojie’s failure to provide a medical report on Binance executive Tygran Gambaryan and…
The Economic and Financial Crimes Commission (EFCC) has successfully secured convictions for four individuals involved in internet fraud. Justice Hauwa’u Bello of the Federal High Court, sitting in Kaduna, delivered the verdicts against Daspan Eric Domshak (a.k.a Batshon Abe), David Awu Tanko (a.k.a Sara Khongs), Emmanuel Caesar Yakubu (a.k.a Jessica Simeon), and Tobi Segun Kazeem….
The Rivers State High Court has granted an injunction restraining the People’s Democratic Party (PDP) from conducting any congress in Rivers State. The court’s decision comes as a response to a lawsuit filed before it, seeking to halt the party’s plans to hold a congress in the state. The injunction specifically names the PDP’s National…
The Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd (NNPCL), Mele Kyari, has announced that the Port Harcourt Refinery will commence operations by August this year. This development is part of a broader initiative by the national oil company to revitalize Nigeria’s refining capacity and reduce dependency on imported petroleum products. Kyari…
Wizkid, the renowned Grammy Award-winning artist, is celebrating his 34th birthday today, July 16. The singer has been flooded with birthday messages from fans, friends, and family, all wishing him a happy and memorable day. Among the heartfelt messages is one from his third son, Zion, who shared a touching photo collage of special moments…
In a significant operation, the National Drug Law Enforcement Agency (NDLEA) intercepted various quantities of cocaine and opioids, including tramadol, pentazocine injection, morphine sulphate, and ketamine injection. These illicit substances were cleverly concealed in shoe soles, clothes, and other items destined for the United States, United Kingdom, and Cyprus. This high-profile seizure underscores the ongoing…
Binta Ayo Mogaji, a popular Nigerian actress, has revealed that she ended her 13-year marriage due to irreconcilable differences. In a recent interview, she opened up about her decision to leave her husband, saying it was a difficult but necessary choice. Mogaji’s revelation has shocked her fans and colleagues in the entertainment industry, who are…
