News

Six wrestlers to fly Nigeria’s flag at Paris Olympics

The Nigerian Wrestling Federation has announced six athletes who will represent the country at the 2024 Olympic Games in Paris. The team includes five female wrestlers, one male freestyle wrestler and three coaches, and they were introduced on Monday during a festive event at the Dynamite Wrestling gym in Yenagoa, Bayelsa State. The wrestlers featured are Tokyo Olympics silver medallist …

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The suicide bomber asks for alms before detonating the explosive – Commissioner of Borno – TrendyNewsReporters

Sugum Mai Mele, Commissioner for Local Government and Emirati Affairs in Borno, has revealed that one of the suicide bombers involved in the recent attacks in Gwoza local area begged for money before detonating his explosive device. On Saturday, June 29, four suicide bombers carried out attacks in various locations in Gwoza. Speaking to Channels TV on Monday, July 1, …

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14 people killed in building collapse in Egypt

Fourteen people were killed when a three-story building collapsed in the southern Egyptian city of Assiut on Monday. The city’s governor, Essam Saad, said on Tuesday. He said the bodies were recovered from under the rubble during search and rescue operations by emergency workers. “Six people were rescued and have been shifted to hospital,” Saad said. According to him, poor …

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Tinubu Approves New Withholding Tax Policy – ​​TrendyNewsReporters

Tinubu Approves New Withholding Tax Policy President Bola Tinubu has approved a new withholding tax policy to replace the old one introduced in 1977. The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, announced this on Tuesday, July 2. The new withholding tax policy introduces significant reforms designed to ease the heavy burden that the …

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Court fines EFCC N3 million for declaring Emefiele’s wife wanted – TrendyNewsReporters

A Lagos federal court has criticized the Economic and Financial Crimes Commission (EFCC) for declaring Margaret Emefiele, wife of former Central Bank of Nigeria (CBN) governor, Godwin Emefiele, a wanted man. On Friday, Justice Presiding Judge Deinde Dipeolu ruled in favor of Margaret’s fundamental rights case, ordering the EFCC to pay her N3 million in damages for violating her rights. …

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She’s a ‘bully’, ‘ant’, ‘girl’, Reno advises Wike to pick his battles ignoring Sen Kingibe

Former aide to former President Goodluck Jonathan, Reno Omokri, has advised Federal Capital Territory (FCT) Minister, Nyesom Wike to remain calm and desist from engaging in unnecessary conflicts as it will create more distractions from significant political battles and potentially counterproductive to winning the upcoming elections in the FCT. Omokri, who gave the advice in a post on X on …

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Cristiano Ronaldo Confirms Retirement Plan After Portugal’s Penalty Shootout Win Over Slovenia at Euros – TrendyNewsReporters

Cristiano Ronaldo confirmed his retirement plans after Portugal beat Slovenia on penalties at the Euros to reach the quarter-finals. The former Real Madrid star broke down in tears after watching Slovenian goalkeeper Jan Oblak save his spot kick in extra time, before scoring his second in a triumphant shootout. “It’s definitely my last European Championship,” the 39-year-old, who has played …

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Nigerian government simplifies tax withholding system, aims to ease burden on businesses

In an effort to stimulate business activity and reduce compliance barriers, Nigeria has approved a simplified withholding tax regime. This announcement comes from Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reform, via his official account X, on Tuesday. Background: The withholding tax, introduced in 1977, serves as an advance payment on income taxes for certain …

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ID4D: World Bank restructures $430 million project for Nigeria, extends deadline after two financiers threaten to cancel funding

The World Bank has announced plans to restructure financing for Nigeria’s $430 million Digital Identification for Development (ID4D) project to avoid cuts. This will enable the Bank to guarantee the full disbursement of the $430 million committed to the project by financiers. The restructuring became necessary after Nigeria failed to meet the project’s June 30, 2024 completion deadline and co-financiers, …

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