The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has hinted that wealthy Nigerians earning N100m and above monthly will face a 25 per cent personal income tax rate if a new tax bill is passed by the National Assembly. Oyedele disclosed this during a breakout session at the ongoing…
Justice M.O Dawodu of an Ikeja high court has issued an interim order restraining social critic, Martins Otse, aka VeryDarkMan, from further circulating or publishing any defamatory video or comments against legal expert, Femi Falana. Ruling on an ex parte application on Monday, October 14, the presiding judge ordered VeryDarkMan to delete “defamatory comments…
Nigerian woman, identified as Olubunmi Okeniyi, has passed away almost a month after relocating to the United Kingdom with her two children. Mrs Okeniyi, who arrived in Sunderland on September 16, 2024, died on Sunday, October 13. The news of her death was confirmed by the Nigerian community in the UK, who issued a statement…
Wigwe’s family in disarray over multi-billion naira property left behind by top banker Less than a year after the death of the former Group Managing Director of Access Holdings, Herbert Wigwe, his family members are up in arms over his multi-billion naira property. Business Hallmark learnt that Herbert who passed on alongside his wife,…
The Federal Ministry of Education has announced that the new curriculum for basic education will commence across schools in January 2025 while the new curriculum for senior secondary education will also commence by Sept. 2025. The Minister of Education, Prof. Tahir Mamman disclosed this on Monday, October 14 in Abuja, at a stakeholders meeting on…
Nigerian literary icon and Nobel laureate Wole Soyinka has stated that he is prepared for his death, reflecting on his life’s journey and legacy in a recent interview. Nobel Laureate Wole Soyinka has disclosed that he has made arrangements for his eventual passing, although he still intends to take a vacation. During an interview…
Yesterday, I spent ₦100,000 on fuel, nearly filling the tank of a Lexus 460 jeep. At ₦1,140 per litre, I realised this amount is ₦30,000 higher than Nigeria’s ₦70,000 minimum wage. A minimum wage earner in Nigeria, working 8 hours a day for 20 days a month, earns approximately ₦437.5 per hour. It takes 2.6…
The 2023 Labour Party, LP, presidential candidate, Peter Obi, on Saturday, charged President Bola Tinubu to reverse the sudden hike in the pump price of fuel. Obi described the sudden price hike by the Nigerian National Petroleum Company Limited, NNPCL, as insensitive and unfortunate. Posting on X, Obi said the sudden hike in the pump…
Faisal Ahmed Mohammed Makarfi, son of Ahmed Mohammed Makarfi, former Governor of Kaduna State, is dead. GIOTV reports that a family source who did not want to be mentioned confirmed his death, saying the deceased was involved in an accident. According to the report, the accident happened along Kaduna-Zaria highway on Saturday evening. “The accident…
The Minister of State for Defence, Dr. Bello Muhammed Matawalle, has condemned recent statements made by Rotimi Amaechi, accusing him of inciting violence and unrest among the Nigerian populace. Amaechi recently said Nigerians should be protesting against the hardship in the country. Matawalle in a statement released by the Director of Information in the Ministry…