Author: Akintayo Adams

A Federal High Court in Abuja on Friday discharged Tigran Gambaryan and Nadeem Anjarwalla of Binance Holdings Limited for tax evasion. The Federal Inland Revenue Service (FIRS) had dragged both before the court. The court gave the ruling on Friday after the FIRS altered its charges in response to Binance appointing a Nigerian representative, Ayodele Omotilewa. The Federal Inland Revenue Service (FIRS) initially filed legal proceedings against Binance and Gambaryan on March 22, 2024, accusing them of tax evasion. On May 17, 2024, the FIRS amended its lawsuit to allege that Binance failed to collect and remit various taxes, particularly…

The Economic and Financial Crimes Commission have announced the arrest of 18 individuals in Ilorin, Kwara State, for allegedly engaging in illegal mining activities. The anti-graft commission disclosed this in a statement on X.com on Friday. According to the statement, the arrests was made on Tuesday and Thursday while acting on intelligence reports about the transportation of illegally mined minerals along the Eiyenkorin-Ballah route in the Asa Local Government Area of the state. “13 truckloads with assorted solid minerals suspected to be lithium, marble stone, white powder, and lepidolite, among others, were also arrested and recovered from the suspects. “The…

A Nigerian Man, presumably from the Eastern part of Nigeria, if tag on a viral video is to be followed has pledged to cry to prove his love to Khloe Gram, a well known TikToker. In the viral video captioned “POV: if crying on this app will make Khloe Gram give me a chance to prove my undying love to her I’m ready to cry for the rest of my life 😭😭😭”, the man can be seen shedding tears. However, it remains unclear when he’ll chose to stop. Get instant and latest news updates via Our WhatsApp Community or Google News online channel.

A Nigerian man, in a viral video has stirred controversy as he angrily took back his girlfriend’s iPhone 15 and wig. This is sequel to her turning down his marriage proposal. The young man had knelt down to propose to his girlfriend in the shopping mall, while people cheered “Say Yes,” a common expression in Nigeria urging her to accept his proposal. The lady, however, turned down his proposal, refusing to move close to her boyfriend. The young man stood up angrily, yanked off her wig, and the lady walked away from him. He exclaimed that, after all the help…

The Chairman of Dangote Group, Aliko Dangote, has said his $20 billion 650,000 barrels per day Lagos-based refinery will crash the price of fuel in the country. He referenced the reduction in the price of diesel in Nigeria. He disclosed this at a recent Afreximbank Annual Meetings and AfriCaribbean Trade & Investment Forum in Nassau, The Bahamas. “The issue of gasoline is certainly a different issue. That one is being dealt with by the government. But let me give you an example. In diesel, which the industries, transporters and everybody consume; when we first started, it was N1,700, and the…

The World Bank has approved a $2.25 billion loan facility for Nigeria. This is to support President Bola Ahmed Tinubu’s economic reforms not minding the rising debt profile in the country. Wale Edun, Minister of Finance and Coordinating Minister of the Economy disclosed this in a statement on Thursday. According to him, the loan is to fund two critical economy projects, Nigeria Reforms for Economic Stabilization to Enable Transformation (RESET) and NG Accelerating Resource Mobilization Reforms Programme-for-Results (ARMOR) with a proposed funding of $1.5 billion and $750 million respectively. “We have undertaken bold and necessary reforms to restore macroeconomic stability…

Manchester United have finalized plans to commence work to modernise the club’s men’s first team building at Carrington Training Complex. According to a statement by the club, work is starting next week, “with a focus on creating a high-performance collaborative environment for players and staff.” “The £50 million project will result in all areas of the building being refurbished to deliver a world-class football facility with a positive culture to support future success. “The renovation work will begin on Monday and is expected to last for the duration of the 2024/25 season. The initial focus will be on the gym,…

The Federal Government of Nigeria has commenced the audit of inmates across the 256 Custodial Centres in the country. This was announced by Minister of Interior, Olubunmi Tunji-Ojo who said the move was part of measures to decongest the facilities. In a statement on Friday by the Minister’s Media Assistant, Alao Babatunde, it was made known that the Minister had paid a visit to the ongoing construction of the 3,000-capacity Maximum Security Custodial Centre in Janguza, Kano State as well as the Medium Security Custodial Centre in Kuje, Abuja. “The audit is ongoing but the good thing for me is…

The Les Bleus, French National Team is currently short of quite a number of players. The team has reportedly been struggling with flu since the squad gathered in France ahead of the Euro tournament in Germany. Ousmane Dembele, the Paris Saint-Germain winger, revealed that he had been suffering but is hopeful that everyone will be recovered soon. He said: “For me I am a lot better. “I had the flu last week and I was the first one but I feel a lot better now. “The team is a lot better. Everyone will be okay in a couple of days.” A…

Gabby Agbonlahor has expressed his displeasure with a Gareth Southgate act in his bid to guide England to glory at Euro 2024. The former Aston Villa forward spoke on Southgate’s surprising decision to leave Manchester City’s Jack Grealish out of his final 26-man squad. Speaking to Alan Brazil on talkSPORT Breakfast, Agbonlahor warned the England boss he would be to blame if the Three Lions stutter in Germany due to his omission of the 28-year-old. “Jack Grealish – I think that’s ridiculous,” he said. “Southgate will get the wrath of me if we don’t win this. Jack is that player…