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Just In: Senate Suspends Controversial Tax Reform Bills Amid Controversy

The Nigerian Senate has suspended deliberations on four contentious tax reform bills sent by President Bola Tinubu, following widespread public outcry. The bills, which had been under review by the Senate Committee on Finance, have been put on hold to allow further

December 4, 2024

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Lafarge Africa Plc Reaffirms its Commitment Amid Transition

Lafarge Africa Plc Reaffirms its Commitment Amid Transition The Holcim Group announced that it signed an agreement to sell its 83.81% shareholding in Lafarge Africa Plc to Huaxin Cement Ltd on December 1, 2024. This transaction marks a significant milestone, ushering in

December 4, 2024

Nigeria, South Africa Set Up Advisory Council to Strengthen Trade, Investment

Nigeria and South Africa have fully activated the Joint Ministerial Advisory Council on Industry, Trade, and Investment to enhance economic cooperation between the two leading African economies. President Cyril Ramaphosa disclosed the decision on Tuesday in Cape Town, South Africa, at the

December 4, 2024

Tax reform bills

10 Ways Tax Bills Will Enhance State Revenues — Presidency

The Senior Special Assistant to the Presidency on Media and Publicity, Temitope Ajayi in an explanatory statement on Wednesday, has shed more light on the controversial tax bills. This was after President Bola Tinubu on Tuesday, directed the National Assembly and the

December 4, 2024

Namibia Elects Its First Female President, Netumbo Nandi-Ndaitwah of the SWAPO Party.

Namibia has elected its first female president, Netumbo Nandi-Ndaitwah, representing the SWAPO party, in a historic victory. This milestone was announced by the Electoral Commission of Namibia (ECN) on Tuesday, December 3, 2024. It followed an election that saw a significant voter

December 4, 2024

Pastor Tobi Adegboyega’s Future in the UK Uncertain Amid £1.87m Fraud Investigation

A Nigerian pastor whose church was shut down over an alleged £1.87 million fraud has lost his fight against deportation, despite claiming it would breach his human rights. An immigration tribunal has ruled that Tobi Adegboyega, 44, the cousin of John Boyega,

December 4, 2024

FG Discontinues Overseas Training Opportunities for Scholars

The Minister of Education, Dr. Mauruf Alausa, says the Federal Government has, henceforth, cancelled foreign training for scholars. Mr Alausa, who said this at the opening ceremony of a three-day conference organised by the British Council, on Tuesday in Abuja, said that

December 4, 2024

Nigerian Bar Association Calls for Dele Farotimi’s Release, Criticizes Police Actions

The Nigerian Bar Association (NBA) has expressed serious concern regarding the arrest of Lagos-based lawyer and rights activist Dele Farotimi on allegations of libel. They have also condemned the reported invasion of his law firm and the harassment of the lawyers and

December 4, 2024

Nigeria, South Africa Cannot Afford To Fail Africa – Tinubu

Nigeria, South Africa Cannot Afford To Fail Africa – Tinubu President Bola Tinubu on Tuesday said Nigeria and South Africa cannot afford to fail the African continent, calling for a robust partnership between both countries. President Tinubu made the call in Cape

December 4, 2024

STATE HOUSE PRESS RELEASE: PRESIDENT TINUBU: NIGERIA SOUTH AFRICA MUST LEAD AFRICA’S TRANSFORMATION

STATE HOUSE PRESS RELEASE PRESIDENT TINUBU: NIGERIA SOUTH AFRICA MUST LEAD AFRICA’S TRANSFORMATION President Bola Tinubu has called for the Nigeria—South Africa strategic partnership to become a model of leadership, economic integration, and shared prosperity for the African continent. Speaking at the

December 4, 2024

Low-Income Earners Can Withdraw Total Retirement Savings — PENCOM

The National Pension Commission has announced that low-earning pensioners are now allowed to either withdraw their total retirement savings as a lump sum or continue receiving their monthly pension while awaiting approval of the Minimum Pension Guarantee. This decision is in accordance

December 3, 2024

House of Reps Pressures Tinubu to Mandate Wale Edun to Unfreeze NSIPA’s Accounts

The House of Representatives has called on President Bola Tinubu to mandate the Minister of Finance and the Coordinating Minister of the Economy, Wale Edun to ensure that all frozen accounts of the National Social Investment Programmes Agency (NSIPA) are unfrozen within

December 3, 2024

Lagos Electricity Bill 2024 Signed into Law by Governor Sanwo-Olu

Governor Babajide Sanwo-Olu of Lagos State officially signed the Lagos Electricity Bill 2024 into law today at the Conference Room of the Lagos House in Alausa, Ikeja. The Lagos State Electricity Law 2024 represents a comprehensive effort by Governor Sanwo-Olu to tackle

December 3, 2024

Greenwich Merchant Bank Appoints Benson Ogundeji as Managing Director/CEO

The Board of Directors of Greenwich Merchant Bank Limited has announced the appointment of Mr. Benson Ogundeji as its substantive Managing Director/Chief Executive Officer following the Central Bank of Nigeria (CBN)’s approval. Reacting, The Chairman of the Board, Mr. Kayode Falowo, said:

December 3, 2024

Unilever Nigeria Plc Announced the Resignation, Appointment of Managing Director

Unilever Nigeria Plc has announced major changes to its leadership team following resolutions passed at its Board of Directors meeting on November 29, 2024. The board considered and approved Mr. Tim Kleinebenne’s resignation as the Managing Director effective December 31, 2024. On

December 3, 2024

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