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LIKE many other residents of Akure, Ondo State capital, Temitope Oluwatoyin had rushed to the Oba-Oja market, along the Oba Adesida Road on Friday, November 15, to purchase some foodstuffs.

Friday, November 15 is the eve of the Ondo State governorship election slated for Saturday, November 16.

As expected, there will be restrictions on movements to allow the Independent National Electoral Commission (INEC) to conduct the state’s off-cycle election in a free, fair and credible manner.

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They made the call at the 76th Annual General Meeting (AGM) of the company held on Thursday, November 28.The shareholders highlighted ongoing concerns regarding director remuneration and the sale of the company’s assets.PZ Cussons Nigeria had in a statement on November 1, proposed to increase its director’s remuneration to N326.59 million for the financial year …

AMID stiff opposition from Northern governors, the Senate has passed four tax reform bills proposed by President Bola Tinubu for second reading.The bills passed a second reading after Opeyemi Bamidele, the Senate majority leader, led a debate on them on Thursday, November 28.In addition to the dissenting governors, some senators from the North are opposed to the …

THE Federal Government has proposed a five per cent excise duty on telecommunications services, gaming, and betting activities.However, it exempted baby products and locally manufactured sanitary towels from tax as part of a new bill seeking to overhaul Nigeria’s tax framework.The bill, titled “A Bill for an Act to Repeal Certain Acts on Taxation and …

THE Federal government has gazetted the regulation on Withholding Tax (WHT), setting the implementation date to January 1, 2025.The chairman of the  Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, disclosed this on his official X-handle on Wednesday, October 2.He said, “The deduction of tax at source (Withholding) Regulations, 2024, has been published in the official …