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Biden Unveils $1.9tn US Economic Relief Package
ForeignNews

Biden Unveils $1.9tn US Economic Relief Package

US President-elect Joe Biden has unveiled a $1.9 trillion stimulus plan for the coronavirus-sapped economy before he takes office next week. If passed by Congress, it would include $1tn for households, with direct payments of $1,400 to all Americans. The relief proposal includes $415bn to fight the virus and $440bn...
Omoyele Sowore, others granted bail (See bail conditions)
News

Omoyele Sowore, others granted bail (See bail conditions)

Nigerian activist, former presidential candidate, and Sahara Reporters’ publisher, Omoyele Sowore had been granted bail by a Chief Magistrate Court sitting in Abuja in the sum of N20m. Four other activists, who were arrested with Sowore on New Year’s Eve in Abuja for holding a protest against bad governance, were...
Aliko Dangote reportedly losses $900 million in 24 hours
FeaturedNews

Aliko Dangote reportedly losses $900 million in 24 hours

Africa’s richest man, Aliko Dangote, reportedly lost a whooping $900million on Friday, January 8, after his company, Dangote Industries Limited, emerged the biggest loser at the end of trading on the Nigerian Stock Exchange. According to Bloomberg Billionaires Index, his wealth fell from $18.4billion on Thursday to $17.5billion on Friday,...
FG Replaces Stamp Duty With N50 Electronic Transfer Levy
FeaturedNews

FG Replaces Stamp Duty With N50 Electronic Transfer Levy

Consequent upon the outlawing of stamp duty on electronic bank transfer by the Court of Appeal, the Federal Government, through the Finance Act 2020, has introduced Electronic Money Transfer Levy. Finance Act 2020, which was recently signed by President Muhammadu Buhari, has a commencement date of January 1, 2021 along...
Ogun orders demolition of N20m illegal bridge
FeaturedNews

Ogun orders demolition of N20m illegal bridge

The Ogun state government has ordered the immediate destruction of an illegal N20 million bridge under construction across Oluwa River, a boundary between Omo Forest, Area J4 in Ijebu-East in Ogun and Ondo States. Our correspondent gathered that some illegal settlers tasked themselves and began construction of a bridge worth...
Atiku Abubakar Receives Pfizer COVID-19 Vaccine In Dubai (Photos)
FeaturedNews

Atiku Abubakar Receives Pfizer COVID-19 Vaccine In Dubai (Photos)

Nigeria’s former vice president, Atiku Abubakar reportedly took the Pfizer’s vaccine in the United Arab Emirates. The people’s Democratic Party’s presidential candidate in the 2019 general elections took the dose in Dubai to prevent symptomatic cases of Covid-19. The Pfizer’s vaccine, when administered in its full two-dose regimen, was found...
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