World News

BREAKING: Former French President, Sarkozy convicted of illegal campaign financing

BREAKING: Former French President, Sarkozy convicted of illegal campaign financing

Former French President, Sarkozy convicted of illegal campaign financing A Paris court has found Nicolas Sarkozy, France’s former president, guilty of illegal campaign financing of his unsuccessful 2012 re-election bid. Thursday’s ruling came six months after the 66-year-old was handed a one-year prison sentence for corruption in a separate trial. Sarkozy was accused of having spent almost twice the maximum legal amount of 22.5 million euros ($26m) on a re-election bid that he lost to the Socialist Party’s Francois Hollande. Some of the outlay was used to fund extravagant campaign rallies and then hire public relations agency Bygmalion to mask…
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French President Macron ‘Stoned’ With Egg By Protester Shouting ‘Vive La Revolution’

French President Macron ‘Stoned’ With Egg By Protester Shouting ‘Vive La Revolution’

French President Macron ‘Stoned’ With Egg By Protester Shouting ‘Vive La Revolution’ Emmanuel Macron was struck by a small projectile believed to be an egg while surrounded by the press and members of the public in Lyon. The object struck the French president on the side of the face before bouncing away during a visit to the Eurexpo convention centre. According to Lyon Mag, whose reporters filmed the incident, the young man who threw the object made a gesture of protest and shouted “vive la révolution”. He can be seen being placed in handcuffs by security services in their video.Top…
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President Buhari orders deduction of tax from all digital transactions in Nigeria

President Buhari orders deduction of tax from all digital transactions in Nigeria

President Muhammadu Buhari has ordered deployment of technology to tax all digital transactions carried out across the country. The Secretary to the Government of the Federation, SGF, Boss Mustapha disclosed this at the 17th General Assembly and 10th anniversary of the West Africa Tax Administration Forum, WATAF, in Abuja on Tuesday. The assembly is a high-level policy dialogue on taxation of the digital economy, organised by the Federal Inland Revenue Service, FIRS. Mr Mustapha said the President gave the order to tax authority to ensure digital transactions were taxed digitally, and the goal of their efforts was to achieve seamless…
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BREAKING: Buhari Orders Incorporation of NNPC, Appoints Senator Ifeanyi Ararume As Chairman

BREAKING: Buhari Orders Incorporation of NNPC, Appoints Senator Ifeanyi Ararume As Chairman

President Muhammadu Buhari has directed the incorporation of the Nigerian National Petroleum Company Limited, the State House has announced. A statement on Sunday issued by Special Adviser to the President (Media and Publicity), Femi Adesina, said the president gave the order in his capacity as Minister of Petroleum. “This is in consonance with Section 53(1) of the Petroleum Industry Act 2021, which requires the Minister of Petroleum Resources to cause for the incorporation of the NNPC Limited within six months of commencement of the Act in consultation with the Minister of Finance on the nominal shares of the Company,” the…
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CBN declares AbokiFX founder wanted over naira collapse

CBN declares AbokiFX founder wanted over naira collapse

Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN) says the apex bank will track Oniwinde Adedotun, the founder of AbokiFX and the firm over posting of illegal naira-dollar rates. AbokiFX is a web platform that reports movements in the foreign exchange market since as early as 2014. On the platform, naira is quoted at 570 to the dollar at the parallel market, though the apex bank had described it as an illegitimate market. “The only exchange rate remains the I&E window, which is the market we expect everybody who wishes to procure or sell forex to get…
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BREAKING: Former President Is Dead

BREAKING: Former President Is Dead

Former Portuguese President Jorge Sampaio, who made national history in 2005 with extraordinary use of his powers to dissolve parliament and oust an unstable majority government, died on Friday at the age of 81. The cause of death was not disclosed, though Sampaio had been hospitalized since Aug. 27 with breathing difficulties. After an uneventful first term in 1996-2001, the affable Socialist former lawyer won another five-year mandate that turned out to be more turbulent and showed the might of presidential powers in what is usually a ceremonial office. With the budget deficit rising and Portugal teetering on the verge…
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Wike blows hot, threatens to shutdown banks, other businesses that pay VAT to FIRS

Wike blows hot, threatens to shutdown banks, other businesses that pay VAT to FIRS

The governor of Rivers State has threatened that the state government will shut down the premises of any bank or business organisation in the state that continues to pay Value Added Tax (TAX) to the federal government through the Federal Inland Revenue Service. (FIRS). The governor stated this in Port Harcourt on Wednesday during an interactive session with corporate organizations in the state. He lamented that the federal government has purposely turned the states into beggars, by making them congregate regularly in Abuja to beg for funds, instead of utilizing their potentials to develop their respective states. The warning from…
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Taliban Declares Afghanistan Islamic Emirate, Forms All-Male Government

Taliban Declares Afghanistan Islamic Emirate, Forms All-Male Government

  The Taliban has declared Afghanistan an “Islamic Emirate”, and formed a new government to be led by Mullah Mohammad Hassan Akhund. Akhund is one of the founders of the group, which took control of Afghanistan mid-August. “We know the people of our country have been waiting for a new government,” Zabihullah Mujahid, Taliban spokesman, said while unveiling the cabinet. Abdul Ghani Baradar will be the deputy leader and Sirajuddin Haqqani, son of the founder of the Haqqani network, has been named as interior minister. Baradar was previously head of the Taliban’s political office, and oversaw the signing of the…
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Soldiers Seize Power In Guinea, Detain President

Soldiers Seize Power In Guinea, Detain President

Soldiers Seize Power In Guinea, Detain President President Alpha Conde of Guinea is currently in detention in what is believed to be a coup by soldiers. Guinea’s special forces claimed Sunday to have captured President Alpha Conde and “dissolved” the country’s institutions. “We have decided after having taken the president, who is currently with us (…) to dissolve the current constitution, to dissolve the institutions; we have also decided to dissolve the government and the closure of land and air borders,” said one of the uniformed and armed coup plotters in the statement, The statement has been widely circulated on…
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Man kills secondary school student caught having s3x with his wife

Man kills secondary school student caught having s3x with his wife

A form four student from Kuresoi South, Nakuru County of Kenya, Edmond Kipng’etich has been killed after being caught sleeping with a man’s wife. The 19-year-old student was accosted and stabbed with a sword by one Japheth Bii, who caught him red-handed sleeping with his 35-year-old wife. He was said to have succumbed to injuries inflicted on him while being attended to at Rift Valley General Hospital. Kuresoi DCIO, Peter Obonyo confirmed the incident and also revealed that the incident was reported at Olenguruone police station where a probe was immediately launched, hours before the 19-year-old student succumbed to the…
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