Tax Fraud: FG Reneges On Global Pact To Curb Investments In Tax Havens

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Despite recent outcry over Nigerian public and private officials’ criminal investments in countries, which exempt them from paying taxes, the Federal Government has refused to join about 140 other countries to curb the fraud through a 15 per cent corporate minimum tax. According to the report released over weekend, nearly 140 countries have agreed on a tentative deal that would make sweeping changes to how big, multinational companies are taxed in order to deter them from stashing their profits in offshore havens where they pay little or no tax. The…

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NIPOST retiree dies in sex romp with two teenagers

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The Akwa Ibom State Police Command has confirmed the death of a man identified as a retired employee of the Nigerian Postal Service (NIPOST), who was found dead in his residence at Udo Street in Uyo, the Akwa Ibom state capital. It was learnt that the deceased, an Igbo man, name withheld, was engaged in a sex orgy with two teenagers who he was alleged to have promised jobs in NIPOST when there are vacancies. According to a neighbour who would not want his name mentioned, “The deceased died of…

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194 Lagos Men Beaten By Wives In The Last Six Months – Report

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On Wednesday, the Lagos State Domestic and Sexual Violence Response Team (DSVRT) stated that 194 males had been beaten by their spouses or partners in the previous six months. The figure was published by DSVRT in its bi-annual report. The report, which was made available to journalists in Lagos, covers the period from January to June 2021. The News Agency of Nigeria (NAN) reports that the figure is 44.33 percent higher than the 108 assault cases reported by men from January 2020 to June 2020. According to the latest report,…

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JUST IN: Herdsmen kill Omoleye Sowere’s Brother

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Olajide Sowore, the younger brother of Sahara Reporters editor, Omoyele, has been killed by suspected herders, according to the activist. Omoyele Sowore stated his brother was killed on Saturday morning while traveling from Benin to Ondo by armed men suspected to be herders by witnesses. He was a pharmacy student at the Igbinedion University, according to Sowore, who described his brother’s death as a big loss for his family and friends. On Saturday morning, a spokesman for the Akure police did not immediately respond to a request for comment from…

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Indian hemp good for the body, says Gov. Akeredolu

Gedion Myek

…seeks research into benefits Ondo State governor, Mr. Rotimi Akeredolu, on Thursday restated his belief that outlawed weed, cannabis sativa, which is also known as Indian hemp, is beneficial to the human body. Akeredolu thus charged pharmacists in the country to conduct an in-depth research into the various uses of the weed, for medicinal purposes. The governor stated this at the 40th anniversary and the 2021 Association of Community Pharmacists of Nigeria National Scientific Conference, held in Abeokuta, Ogun State capital. Akeredolu was the Special Guest of Honour at the…

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Passengers frown at airlines free reign at official extortion

Gedion Myek

…seek govt’s intervention Passengers making use of local airlines for domestic flight have called on the Federal Government to intervene and put a halt to airlines attempts at official extortion. Some of the passengers, who spoke to our correspondents last expressed frustration over deliberate moves by the operator to push passengers into tight corners in an attempt to make them pay more for trips that have already been paid for. They pointed out that some of the operators were in the habit of closing the counter hurriedly, especially with regard…

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Man rapes 27-year-old woman for refusing to greet him – Police

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The Nigerian Police Force has arrested a 33-year-old man, Imoleayo Adekoya, for reportedly raping a 27-year-old lady because she allegedly refused to greet him. Adekoya, according to men of Ogun State Police Command, reportedly dragged the victim to an isolated area after accusing her of not greeting him and raped her. The Police Public Relations Officer in the state, DSP Abimbola Oyeyemi, disclosed this in a statement made available to newsmen. Oyeyemi said the suspect was arrested on Saturday following a report lodged by the victim at the Sakora divisional…

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Wema Bank commended for SMEs Business School

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Beneficiaries of the maiden Wema Bank SME Business School have commended the novel and impactful initiative, disclosing that they have gained immensely from it. The Wema SME Business School equipped Micro, Small and Medium Enterprises with the basic management knowledge required to effectively run their businesses and respond to challenges in an ever-demanding business environment. The five-day free training programme was held recently in Lagos featuring 50 participants. They were trained using a robust curriculum spanning the broad areas of finance, marketing and sales, leadership, technology, branding, strategy, innovation and…

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NGX opens week negative with N83bn loss

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The Nigerian equities market yesterday halted last Friday’s gain to begin the trading week negative following sustained sell pressure. The market breadth closed positive with 21 losers and 18 gainers. Key market indicators, the NGX ASI, declined by 0.40 per cent as bargain hunters sustained profit takings. Consequently, the NGX All-Share Index dropped by 158.98 basis points or 0.40 per cent from 39,485.65 index points last Friday to 39,326.67 while the market capitalisation of equities depreciated by N83 billion to close at N20.489 trillion from N20.572 trillion. On the activity…

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