Business Taxes & Duties Top Story

MultiChoice settles tax dispute with Nigerian tax authorities, agrees to pay $37.3 million liability

Africa’s largest pay-TV company, MultiChoice Group, has successfully resolved a protracted tax dispute with the Nigerian tax authorities. The settlement, reached after rigorous negotiations, involves substantial payments and marks a significant milestone in the company’s commitment to regulatory compliance and responsible corporate citizenship. In 2022, Nigeria’s Federal Inland Revenue Service (FIRS) took decisive action by Read More…

REUTERS/Arlette Bashizi
Africa DR Congo World

Rocket strike sparks exodus as M23 rebels escalate Congo conflict

In Goma, Congo, a rocket landed dangerously close to a university, signalling the escalating threat posed by M23 rebels amidst a mass exodus of civilians, raising concerns about the safety of the city’s two million residents. Amidst the chaos, 25-year-old student Sophonie Bayonga expressed concern, stating, “This shows that M23 is targeting Goma now. The Read More…

Entertainment Obituary Top Story TV & Film

Nigerian Actress Ethel Ekpe-Aderemi, Basi and Company’s Segi Passes Away

Ethel Ekpe-Aderemi, the talented actress and beloved television personality, breathed her last after a valiant battle with cancer. She was best known for portraying the unforgettable character of Segi in the classic Nigerian sitcom ‘Basi and Company’, which aired on the Nigerian Television Authority (NTA) from 1986 to 1990. Dr. Shaibu Husseini, the Executive Director Read More…

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Football Sports

Ivory Coast to face Nigeria in AFCON final after thrilling victory over Congo

In a pulsating semi-final clash, Sebastien Haller propelled the Ivory Coast into the Africa Cup of Nations final, edging out the Democratic Republic of Congo with a 1-0 victory at the Alassane Ouattara Olympic Stadium. The Ivorians, who narrowly escaped elimination in the group stage, now brace themselves for a showdown against Nigeria in Sunday’s Read More…

REUTERS
Football Sports Top Story

Nigeria clinches Africa Cup of Nations Final with penalty drama

Nigeria’s journey to the Africa Cup of Nations final was punctuated with nerve-wracking moments as goalkeeper Stanley Nwabali’s heroics saved two crucial penalties in a shootout, securing a 4-2 triumph over South Africa after a tense 1-1 draw on Wednesday. William Troost-Ekong’s penalty midway through the second half gave Nigeria the lead, countered by Teboho Read More…

Metro Police

New Lagos-Ogun AIG Olatoye Durosinmi assumes duty at Zone 2 Command

The Nigeria Police Force witnesses a significant transition as Mr. Olatoye Durosinmi assumes office as the new Assistant Inspector General of Police (AIG) at Zone 2 Command, Onikan, Lagos. Announcing the development, Zonal Public Relations Officer, SP Tunni Ayuba, stated, “Durosinmi succeeded AIG Ari Mohammed Ali, who has been deployed as the AIG in-charge, Community Read More…

Funke Akindele
Entertainment Top Story TV & Film

Nigerian cinemas witness record revenue in 2023, Nollywood dominates market share

In a groundbreaking achievement, Nigerian cinemas amassed a staggering 7.2 billion naira in revenue throughout 2023, drawing over 2.6 million admissions, with Nollywood commanding a formidable 39 percent market share, as revealed by a comprehensive report. These earnings represent a notable surge, exceeding the previous year’s figures by over 416 million naira, accompanied by a Read More…

Metro Philanthropy

Blind inmate miraculously receives sight at Ikoyi Custodial Centre

A visually impaired inmate at the Medium Security Custodial Centre, Ikoyi, regained his sight following a successful surgery conducted within the facility, revealed Julius Ogueri, Deputy Controller of Corrections (DCC) in charge of the centre. This heartening development was the result of collaborative efforts involving well-meaning Nigerians, NGOs, churches, officials, and fellow inmates. DCC Ogueri Read More…

Business Monetary Policy Top Story

CBN Governor Cardoso explains forex obligations and Naira stabilisation in Arise TV interview

In an exclusive interview on Arise TV, Dr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), delved into critical issues surrounding foreign exchange stability and monetary policy. His insights shed light on the CBN’s current priorities and strategic actions aimed at bolstering Nigeria’s economy and currency. Key Points from the Interview: Below Read More…

WireImage
Health Top Story United Kingdom World

King Charles’ cancer diagnosis sparks national concern

British Prime Minister Rishi Sunak expressed hope for King Charles’ full recovery as news of his cancer diagnosis emerged, triggering an outpouring of support from global leaders. The monarch, aged 75, faces treatment after Buckingham Palace revealed his health condition, drawing attention to the state of Britain’s healthcare system. Sunak conveyed his sentiments, stating, “All Read More…