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Author: Sonia Onoja

Shell Paid Nigeria $1.09bn in Taxes, Royalties in 2023, Says Management

Posted on May 8, 2024 by Sonia Onoja

British oil and gas giant, Shell, has said that it paid a total of $1.09 billion in corporate taxes and royalties to the government of Nigeria in 2023 through the operations of…

Nigeria setting dangerous precedent for global companies by detaining our executives — Binance CEO

Posted on May 8, 2024 by Sonia Onoja

The Chief Executive Officer (CEO) of Binance, the world’s largest cryptocurrency trading platform, Richard Teng, has labelled the detention of the company’s executives in Nigeria as a “dangerous precedent” for companies globally….

Binance Says It Was Asked for ‘Secret’ Payment Over Nigeria Woes

Posted on May 8, 2024 by Sonia Onoja

Binance Holdings Ltd. said it was asked for a large payment in Nigeria to make problems there “go away,” and repeated calls for the release of its employee who’s been jailed in…

PUNCH Lite CBN directs banks to suspend charges on deposits till September

Posted on May 7, 2024 by Sonia Onoja

    The Central Bank of Nigeria has directed banks to stop charges on cash deposits until September 30, 2024.   The apex bank disclosed this in a circular dated May 6,…

Binance CEO Teng Says Nigeria Must Release Gambaryan, Detention Sets ‘Dangerous New Precedent’

Posted on May 7, 2024 by Sonia Onoja

    In January the company refused to pay a demand from “unknown persons” to settle allegations.   Binance CEO Richard Teng called on the Nigerian government to release Tigran Gambaryan, head…

Tinubu to reintroduce telecom tax on Nigerians to meet World Bank loan condition

Posted on May 7, 2024 by Sonia Onoja

President Bola Tinubu’s government is considering lifting the suspended telecom tax and other fiscal policies on Nigerians to secure a new loan of $750 million from the World Bank. According to a…

NHRC Promises To Protect Press Freedom In Nigeria

Posted on May 6, 2024 by Sonia Onoja

    Nigerians have been assured of the promotion and protection of their fundamental human rights including the right to freedom of expression and the press in all circumstances.   In a…

PhD students from Nigeria can still bring dependents to UK, says British High Commissioner

Posted on May 6, 2024 by Sonia Onoja

    Dr. Richard Montgomery, the British High Commissioner to Nigeria, stated that although some international students are prohibited from bringing dependents, those enrolled in PhD programs are still allowed to bring…

Nigeria will change after eight years, support Tinubu before we die – Billionaire, Arthur Eze

Posted on May 6, 2024 by Sonia Onoja

Billionaire, Arthur Eze, has urged Nigerians to support President Bola Tinubu while praising his inclusive approach to governance. He made the remarks in a video widely shared on social media, which showed…

Crypto: Peer-to-peer trading is worth $500bn in Nigeria – Cryptocurrency expert

Posted on May 5, 2024 by Sonia Onoja

The Chief Executive Officer of one of the leading cryptocurrency platforms in Nigeria, NoOnes, Ray Youssef, has revealed that peer-to-peer popularly known as P2P is probably like $500bn business in Nigeria alone….

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