latest
Workers Now Earn More Under New Tax Laws – Oyedele.
Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has revealed that Nigerian workers are earning more under the newly implemented tax laws, thanks to reduced Pay As You Earn (PAYE) deductions.....KINDLY READ THE FULL STORY HERE▶
In a post on on Monday, Oyedele shared that feedback from workers who received their January 2026 salaries shows higher take-home pay, indicating that the new tax framework is easing the burden on salary earners whose taxes are deducted at source.
“The feedback from workers who received their January 2026 salaries confirms a reduction in PAYE tax, resulting in higher take-home pay under the new tax laws,” Oyedele stated.
He explained that the reforms are particularly beneficial for employees whose income taxes are directly deducted by their employers. However, he noted that further engagement is needed to ensure correct implementation of the new provisions.
Oyedele disclosed that the Committee, in partnership with the Joint Revenue Board, will hold an online session this week for key stakeholders involved in payroll and tax administration.
The session will focus on proper application of the new Personal Income Tax rules and is aimed at HR directors, payroll managers, CFOs, tax managers, and other senior executives. It will address implementation gaps and clarify compliance requirements for employers.
According to Oyedele, the engagement will ensure employees fully benefit from the reforms while helping employers remain compliant with the updated legal framework.
latest
Patrick Vieira Becomes Senegal Head Coach After World Cup Exit
The Senegalese Football Federation (FSF) has officially named France World Cup winner Patrick Vieira as the new head coach of the national team, succeeding Pape Thiaw following their exit from the 2026 World Cup.....KINDLY READ THE FULL STORY HERE▶
Born in Senegal and raised in France, Vieira takes over a squad looking to bounce back from a round-of-32 defeat to Belgium and internal turbulence under Thiaw, who was dismissed following the tournament. Described by the federation as a strategic appointment to match the country’s high ambitions, Vieira brings extensive managerial experience from clubs including Crystal Palace, Nice, and Strasbourg, alongside a legendary playing career that featured three Premier League titles with Arsenal and World Cup glory with France in 1998.
latest
THE END OF AN ERA: Universal Insurance Faces Total Shutdown Following Sudden Licence Revocation By NAICOM!.
The National Insurance Commission (NAICOM) has revoked the registration license of Universal Insurance Plc and appointed Ogbonna Chukwumerije of Pinheiro LP as receiver/provisional liquidator to oversee the company’s winding-up process.....KINDLY READ THE FULL STORY HERE▶
According to official statements, the cancellation became effective on August 14, 2026, after the insurer failed to comply with the stipulated Minimum Capital Requirement under the Nigerian Insurance Industry Reform Act 2025. Following his appointment, Chukwumerije has assumed control of the company’s management, issuing strict directives to financial institutions, debtors, and stakeholders regarding asset protection, verification of authority, and the proper handling of outstanding claims and liabilities.
latest
BLOCKBUSTER EARTHQUAKE: Barcelona Pulls Off Shock £65M Transfer Coup To Sign Man City Icon Rodri!.
Spanish giants Barcelona have secured the blockbuster signing of midfielder Rodri from Manchester City for a reported £65 million on a four-year deal.....KINDLY READ THE FULL STORY HERE▶
The 30-year-old returns to Spain after an illustrious seven-year spell in England, where he made 298 appearances and captured 12 major trophies—including four Premier League titles and the 2023 Champions League. Following an injury-hit period and a stellar World Cup campaign where he won player of the tournament for victorious Spain, Rodri opted for a switch to Camp Nou after overcoming competition from Real Madrid.
In another major transfer move, Italian powerhouse Juventus have completed the signing of Tottenham goalkeeper Guglielmo Vicario on a season-long loan with an option to buy. The 29-year-old Italy international heads to Turin to bolster the squad ahead of their upcoming Europa League campaign following a spell with Spurs that included lifting the 2025 Europa League title.
-
latest12 months ago“Social Media Erupts As Jim Iyke Declares Rita Dominic Nollywood’s Most Beautiful”
-
latest2 years agoEdo Political Showdown: Oshiomhole Appears At Presidential Villa As Tinubu Hands APC Gubernatorial Flag To Okpebholo (Photos & Video)
-
entertainment2 years agoLove Knows No Age American Woman Defends Marriage To Young Nigerian Man “I’m Not 70”
-
latest2 years agoOlumide Akpata Strikes Again: Drops Killer Track, Sends Edo State Into Frenzy!(Video)
-
Politics3 years agoNigerians React As Pastor Adeboye Foresees Passing Away On A Sunday After Enjoying A Satisfying Meal Of Pounded Yam
-
latest2 years agoFG Identifies 31 States At Risk Of Heavy Flooding In 2024: See Full List
-
Politics3 years agoBREAKING: Inspector-General Of Police Summons Top Police Commanders For Crucial-Security Challenges
-
latest2 years ago5 NYSC Corpers Perish In Fatal Road Accident Returning From Camp
