𝐓𝐡𝐞 5% s𝐮𝐫𝐜𝐡𝐚𝐫𝐠𝐞 𝐨𝐧 f𝐮𝐞𝐥: 𝘞𝘩𝘢𝘵 𝘪𝘴 𝘵𝘳𝘶𝘦 𝘢𝘯𝘥 𝘸𝘩𝘢𝘵 𝘪𝘴 𝘯𝘰𝘵?

By Taiwo Oyedele This note seeks to clarify matters arising regarding the 5% fuel surcharge in the new tax laws. The charge is not a new tax introduced by the…

Continue Reading𝐓𝐡𝐞 5% s𝐮𝐫𝐜𝐡𝐚𝐫𝐠𝐞 𝐨𝐧 f𝐮𝐞𝐥: 𝘞𝘩𝘢𝘵 𝘪𝘴 𝘵𝘳𝘶𝘦 𝘢𝘯𝘥 𝘸𝘩𝘢𝘵 𝘪𝘴 𝘯𝘰𝘵?

Customs approves $300 duty-free threshold for low-value imports and passenger baggage

The Nigeria Customs Service Board (NCSB) has approved a de minimis threshold of $300 for low-value consignments imported through express shipments or passenger baggage. De minimis refers to the minimum…

Continue ReadingCustoms approves $300 duty-free threshold for low-value imports and passenger baggage

‘Lagos belongs to the people, not one man’ — Rhodes-Vivour challenges Tinubu’s grip on state

Former Labour Party (LP) governorship candidate in Lagos, Gbadebo Rhodes-Vivour, has declared that the state does not belong to President Bola Tinubu or his long-standing political structure. Speaking during a…

Continue Reading‘Lagos belongs to the people, not one man’ — Rhodes-Vivour challenges Tinubu’s grip on state

Fuel scarcity looms as PETROAN, NUPENG move to shut down operations over Dangote monopoly fears

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has issued a three-day forewarning of suspension of lifting and dispensing petroleum products, starting from the early hours of Tuesday.…

Continue ReadingFuel scarcity looms as PETROAN, NUPENG move to shut down operations over Dangote monopoly fears

NDLEA busts transnational drug cartel, seizes ₦5.3bn cocaine headed for Australia

The National Drug Law Enforcement Agency (NDLEA) has dismantled a major international drug cartel operating across Nigeria, the UK, Brazil, Australia, and the UAE, arresting three kingpins and seizing cocaine,…

Continue ReadingNDLEA busts transnational drug cartel, seizes ₦5.3bn cocaine headed for Australia

‘He’s your boss now’: Femi Otedola’s heartfelt blessing as daughter Temi becomes Mrs Ajibade

It was love, not luxury, that shone brightest when Temi Otedola and Oluwatosin “Mr Eazi” Ajibade sealed their vows in a fairytale Icelandic ceremony this August. Theirs was no ordinary…

Continue Reading‘He’s your boss now’: Femi Otedola’s heartfelt blessing as daughter Temi becomes Mrs Ajibade

Labour Party legislator throws House of Reps into quandary over ₦19bn budget insertion boast

A member of the House of Representatives, Hon. George Ibezimako Ozodinobi, has thrown the leadership of the House into confusion following claims of having influenced the insertion of N19B into…

Continue ReadingLabour Party legislator throws House of Reps into quandary over ₦19bn budget insertion boast