January 27, 2025 New York
Dark Light

Blog Post

Lagos requires tax permission for housing deals.

In an effort to safeguard allottees and avoid fraud, the government of Lagos State has asserted that tax clearance is now required for home sales. In a statement that was recently released by Adesile Rufai, the Chief Public Affairs Officer of the Ministry of Housing, Abdulhafis Toriola, the Permanent Secretary of the Ministry of Housing, […]
Read More

Akpabio proposes N70,000 domestic worker minimum salary

The newly approved minimum wage is applicable to all workers in both the public and private sectors, including maids and other domestic staff, according to an announcement made by the President of the Senate, Godswill Akpabio. During the plenary session that took place on Tuesday, Akpabio made this statement. The law was swiftly approved by […]
Read More

In one year, we’ve reeled out staggering palliatives to vulnerable citizens— Gov. Otu

Governor Bassey Otu has disclosed that his government has carried out unprecedented welfare and palliative schemes for the state’s vulnerable people to cushion the effects of the current economic challenges in Nigeria. In a statement by the commissioner for information, Erasmus Ekpang, which warned people against participating in the planned August 1 public protest, Gov. […]
Read More

House of Representatives: Police Act Amendment Bill

The House of Representatives, on Tuesday passed the Police Act Amendment Bill which allows the occupant of the Office of the Inspector General of Police to remain in office until the end of the term stipulated in the letter of appointment. This decision by the House followed the consideration and approval of President Tinubu’s request, […]
Read More

US fintech Mercury Bank closes Nigeria bank accounts

Mercury, an American financial technology company, has recently revealed its decision to close the accounts of businesses located in various countries, including Nigeria. This change will take effect on August 22, 2024. The decision is a result of the company’s recent update to the eligibility criteria for opening accounts. Mercury has decided to discontinue its […]
Read More