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Google, Netflix, Facebook and other foreign companies operating in Nigeria paid N2.55tn in taxes to the Federal Government in the first six months of 2024. The amount represents an increase of 158.76 per cent from N985.27bn collected in the preceding period of 2023. The figure includes Company Income Tax and Value Added Tax, collated from…
The Bishop of the Catholic Diocese of Sokoto, Matthew Hassan-Kukah, says the failure of political parties and their candidates to sign the Peace Accord to shun electoral violence sends a wrong signal to Nigerians. He stated this Sunday in Benin City, during the Edo Election Security Townhall, a programme organised by Channels Television in partnership…
In an unfolding leadership crisis within the Performing Musicians Employers Association of Nigeria (PMAN), the association’s National Treasurer, Baba Ojonugwa (J.F.O), has formally disassociated himself from the actions of the ex-members of the National Working Committee (NWC). This development, revealed in an official letter dated 6th September 2024, could severely impact the ongoing legal battle…
Ogun State Governor, Prince Dapo Abiodun has described the former correspondent of The Guardian in the state, Mr. Charles Coffie Gyamfi, as a thoroughbred professional who positively impacted society. Mr. Gyamfi died in Abeokuta today, September 13. Governor Abiodun, in a statement signed by his Chief Press Secretary, Lekan Adeniran, described Gyamfi’s death as a…
Human Rights Writers Association of Nigeria (HURIWA) has urged the Independent National Electoral Commission (INEC) to ensure that the upcoming Edo State gubernatorial election, slated for Saturday, September 21, 2024, is conducted free, fair, and peacefully, devoid of rigging or malpractices. HURIWA, in a statement yesterday stated that the credibility of INEC is under…
United Kingdom (UK)Policing Minister, Dame Diana Johnson, had her belongings stolen from the hotel where she gave a speech at a conference for senior police officers on Tuesday, September 10, 2024. Thieves struck while Dame Diana blamed the Conservatives for an epidemic of antisocial behaviour, theft and shoplifting at the annual Police Superintendents’ Association…
A Lagos State Special Offences Court, in Ikeja, on Tuesday, September 10, convicted and sentenced an American businessman, Marco Antonio Ramirez, to 74 years imprisonment, for defrauding victims of $1.2m, through an EB-5 visa scam and an additional $368,698.24, in fraud. Justice Mojisola Dada, who handed down the sentence, found Ramirez guilty on two separate…
According to the report, the situation deteriorated further in 2024, with 7,544 deaths and 6,453 abductions reported from January to September.
“The President accepts his reasons for the leave, fully understands them and sympathises with the circumstances that have led to this seemingly difficult decision”.
This mandatory deduction by FIRS brings to an era of free banking services that some of the fintechs provide, even though the charges go to the federal government.