Author: Ifetayo Adeniyi

New tax laws to favour poor Nigerians – Oyedele Taiwo Oyedele New tax laws to favour poor Nigerians – Oyedele *Effective from 2026, January 1. The chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, on Thursday, described the newly signed tax laws as “pro-poor,” saying they will ease the burden on low-income earners, small business owners, and everyday Nigerians. Oyedele made the disclosure while speaking to State House correspondents shortly after President Bola Tinubu signed four tax bills into law. He said “More than 1/3 of workers in both the private and public sectors will now…

Schengen countries offering 5-year visa programme Schengen countries offering 5-year visa programme Nigerians with a strong travel history now have more incentive to explore European countries, thanks to the five-year multiple entry Schengen visa. This long-term visa offers travelers the freedom to enter any of the 29 Schengen countries multiple times over five years: provided no stay exceeds 90 days within any 180-day window. Designed primarily for frequent travelers, business professionals, and individuals with consistent international travel records, the visa eliminates the hassle of reapplying for short-term permits. It reduces visa processing time, lowers application costs, and simplifies the documentation…

Application Fee For PPL License Extension Is $5,000 – NUPRC Application Fee For PPL License Extension Is $5,000 – NUPRC The Nigerian Upstream Petroleum Regulatory Commission has written to holders of around 40 Petroleum Prospecting Licences in Nigeria, notifying them of licence expiration and stating the conditions for extension. The letter was recently sent to affected PPL holders, and Nigerians have been reacting. In the letter signed by NUPRC, Chief Executive Officer Gbenga Komolafe revealed that extending the validity of a PPL license would cost $5,000 as an application fee. According to him, the PPL was approved on the 28th…

Gbajabiamila marks 63rd birthday, settling N50m medical bills Gbajabiamila marks 63rd birthday, settling N50m medical bills The Chief of Staff to the President, Mr Femi Gbajabiamila gave out N50 million for payment of the medical bills of patients at some patients in Lagos on Wednesday to commemorate his 63rd birth anniversary. Some of the beneficiaries were selected from the Lagos University Teaching Hospital (LUTH), Idi-Araba; Femi Gbajabiamila General Hospital, Surulere; Randle General Hospital, Surulere; Gbaja Maternal and Child Care Hospital, Surulere and the Lagos State University Teaching Hospital, Ikeja. Presenting a cheque to a patient at Femi Gbajabiamila General Hospital,…

Glo Foundation’s Skillbridge equips Lagos street sweepers with new skills Glo Foundation’s Skillbridge equips Lagos street sweepers with new skills The first phase of a transformative Glo Skillbridge programme aimed at equipping dedicated Lagos Waste Management Authority (LAWMA) sweepers with vital soft skills and vocational training kicked off last week across various locations in Lagos. The initiative is designed to create new income opportunities for the workers. The program directly addresses the need to empower LAWMA staff, particularly sweepers, by providing them with skills that can lead to diverse income streams and bridge financial gaps. Glo Foundation first unveiled The…

Fidelity Bank Promotes 12% of Workforce and Increases Salaries by 20% across board Fidelity Bank Promotes 12% of Workforce and Increases Salaries by 20% across board Fidelity Bank Plc, one of Nigeria’s top-tier financial institutions, has promoted 376 employees following its recently concluded annual performance review exercise. This represents approximately 12% of the bank’s workforce, underscoring its management’s deep appreciation for the pivotal role played by staff in recoding the highest growth by percentage volumes in the banking industry with 210% increase in its Profit Before Tax (PBT) which grew from N124.3 billion in 2023 to N385.2 billion in 2024.…

Vietnam-Nigeria trade partnership hits $1bn in 2024 – Ambassador The Vietnamese Ambassador to Nigeria, Mr Bui Quoc Hung. Photo credit: NAN Vietnam-Nigeria trade partnership hits $1bn in 2024 – Ambassador * Envoy hinted on importance of improving cultural relationship. The Vietnamese Ambassador to Nigeria, Mr Bui Quoc Hung, said trade between Vietnam and Nigeria reached an all-time high of 1 billion dollars in 2024, making it the first time the trade volume between the two countries exceeded 600 million dollars. Bui stated this in an interview with the News Agency of Nigeria in Abuja on Wednesday. He expressed enthusiasm at…

Amuneke asks ’94 Eagles squad houses be given Emmanuel Amuneke Amuneke asks 94 Eagles houses be given Former Super Eagles winger Emmanuel Amuneke has called on the Federal Government to expedite the distribution of houses to the remaining members of the 1994 Africa Cup of Nations-winning squad, confirming that he received his allocation long ago. “You mean the 1994 houses? I have received mine long ago,” he said. “They should hand over to the others now. Let them do it.” Amuneke’s comments come as the Federal Government continues to fulfil its three-decade-old promise of house allocations to members of the…

Seven U.S. States Launch Investigation into Adedotun Olaoluwa Over Alleged Election Meddling in Favour of Trump In a development shaking both American and international political spheres, seven U.S. states have launched coordinated investigations into Nigerian media magnate Adedotun Olaoluwa over allegations of interference in the 2024 U.S. presidential election. According to News break report , officials in Georgia, Arizona, Michigan, Wisconsin, Nevada, Pennsylvania, and North Carolina confirmed on Tuesday that they are jointly examining potential breaches of election laws, citing suspicions of foreign interference allegedly designed to bolster the re-election campaign of Donald Trump. The report revealed that Olaoluwa,…

Recruitment into paramilitary services, now July – FG CDCFIB Recruitment into paramilitary services, now July – FG The Federal Government has postponed recruitments into the paramilitary services under the Ministry of Interior. This was disclosed in a statement issued Wednesday by the Civil Defence, Correctional, Fire and Immigration Services Board CDCFIB. The statement reads: “The Civil Defence, Correctional, Fire and Immigration Services Board CDCFIB, wishes to notify the general public that its recruitment portal, which was earlier slated to open on Thursday 26th June, 2025, will now open on Monday, 14th July, 2025. “Also, the Board’s portal address for prospective…