Reps plot Binance Holdings CEO arrest over alleged tax evasion, money laundering

The House of Representatives Committee on Financial Crimes has recommended the arrest of the Chief Executive Officer of Bianace Holding Ltd over alleged tax evasion and money laundering in Nigeria. The recommendation followed a motion by Rep. Isah Dogonyaro (APC- Jigawa state) at a public hearing on Monday in Abuja. The hearing was on a petition by Empowerment Fund for Nigerian Youth Initiative and the Niger Delta Youth Council of Nigeria on several crimes allegedly committed by Bianance. Binance is an online financial company, operating in the cyberspace of Nigeria…

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Why Ogun State shut Harvarde College over non-accreditation of programmes

An enforcement team comprising the Ogun State Ministry of Health and Nursing and Midwifery Committee has sealed the Nursing Department of Harvarde College of Science, Business and Management Studies, Obada in the Ewekoro Local Government Area of the state. The state government moved against the school for allegedly offering a degree programme in Nursing Sciences for six years without accreditation from the Nursing and Midwifery Council of Nigeria. Sunday PUNCH had earlier reported how the institution operates as an academic institution with no clear specification of where it belongs among…

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As NCC bars 40m GSM lines: Follow this step-by-step guide to link your NIN with your telephone number

No fewer than 40 million telephone lines were barred by telecommunication operators over the weekend following the expiration of the February 28, 2024 deadline issued by the Nigerian Communications Commission mandating telecom consumers to link their Subscriber Identity Modules to their National Identity Numbers. This represents a 28 million increase from the 12 million telephone lines initially planned to be deactivated by telcos, following the NCC directive. In a December 2023 notice, the NCC had asked telcos to bar SIMs that had not been linked to their owners’ NINs by…

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LASG to enforce monthly house rental scheme

The Special Adviser to Lagos State Governor on Housing, Barakat Odunuga-Bakare, has disclosed that the state’s monthly rental scheme will be enforced before the end of 2024 or early next year. She stated it during a recent press briefing of the Lagos State Real Estate Regulatory Authority in Ikeja, Lagos. She said, “We all see what is being done in other climes, rents are collected monthly. Hence, we are looking and hoping that before the end of the year, or by early next year, we will be able to implement…

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