Brazilian football superstar Neymar Jr. has added another opulent property to his real estate portfolio, purchasing a stunning AED 200 million ($54.45 million) penthouse in Dubai’s prestigious Bugatti Residences. The luxurious apartment boasts a private car elevator, a private swimming pool with panoramic views of the city, and a host […]
CANEX 2024 is set to take center stage from October 16, celebrating African excellence in sports, entertainment, and culture. Among the key figures headlining this prestigious event is Imane Khelif, Algeria’s Olympic gold medalist and professional boxer, alongside Nigerian sports legends and influential personalities from across the continent. A Star-Studded […]
Farm Junction Foundation (FJF), the social responsibility arm of Farm Junction Limited, is thrilled to announce the launch of the “Most Beautiful Farmer (MBF) Lagos” project. This pioneering initiative merges agricultural empowerment with an innovative pageantry format, designed to uplift and celebrate Nigeria’s dynamic farming community. The project aims to […]
Flutterwave, Africa’s leading payments technology company, has announced that its online merchants in Nigeria can now accept American Express payments. This new service allows American Express Card Members—including those with consumer, business, or corporate cards—to make payments directly to e-commerce businesses using Flutterwave in Nigeria. The service will soon be […]
The Dangote Group has refuted recent claims regarding the projected petrol price of N600 per liter, as reported by Punch Newspapers on August 13, 2024. The company has issued a statement clarifying that the Independent Petroleum Marketers Association of Nigeria (IPMAN) is not a business partner of the Dangote Group […]
Ms. Abisola Olusanya, Lagos State Commissioner for Agriculture, highlights the state’s thriving agricultural sector and ongoing efforts to ensure food security. The Lagos State government is taking a multi-pronged approach to ensure food security for its residents. Under the leadership of Commissioner for Agriculture, Ms. Abisola Olusanya, the state is […]
A software update from cybersecurity company CrowdStrike has inadvertently caused major IT disruptions worldwide, impacting numerous sectors from banking to aviation. The update, intended for Windows systems, led to widespread Blue Screens of Death (BSODs), halting operations and grounding flights. Global Impact: In the early hours of Friday, businesses across […]
Background: Withholding tax was introduced in Nigeria in 1977 to serve as an advance payment of income tax on specified transactions. It aimed to provide the government with a steady revenue flow and curb tax evasion. Challenges: Over the years, the withholding tax regime expanded, leading to several issues, especially […]
In a significant milestone for Nigeria’s economy, the National Gold Purchase Program (NGPP) has achieved remarkable progress. The program, designed to enhance the country’s reserves and strengthen the value of the naira, recently completed its first commercial transaction. Here are the key highlights: Foreign Reserves Boost: Nigeria’s foreign reserves received […]
Leading African fintech company Flutterwave announces a groundbreaking partnership with Nigeria’s Economic and Financial Crimes Commission (EFCC) to establish a state-of-the-art Cybercrime Research Center. This initiative marks a significant step towards bolstering the fight against internet-based crime, promoting secure online transactions, and fostering a safer digital financial ecosystem for all […]
