FIRS ARREST 3 CEOS OVER N2.17 BILLION TAX EVASION-THE NATION
The Federal Inland Revenue Service (FIRS) has arrested Chief Executive Officers (CEOs) of three companies in Lagos for alleged failure to remit N2.17 billion taxes. In a statement at the weekend by the FIRS Director of Communications and Liaison Department, Mr. Emmanuel Obeta, the agency said the enforcement drive, led by an Assistant Director of [...]
AIR NIGERIA KICKS OFF LAGOS-LONDON FLIGHT ON WEDNESDAY
Jimoh Ibrahim, a Nigerian billionaire,politician and chairman of Air Nigeria is very excited at the moment. Air Nigeria (formerly Virgin Nigeria) just took delivery of its much awaited A300-200 aircraft. The flight is to serve the purpose of flying passengers from the Murtala Muhammed International Airport to London airport. Ibrahim and the MD of Air [...]
Facebook co-founder Saverin renounces US citizenship
WASHINGTON (AFP) – One of Facebook’s co-founders, Eduardo Saverin, who stands to make a bundle in the social network’s share offering has renounced his US citizenship, records showed. The move by Saverin, who lives in Singapore, could save the Brazilian native a bundle in US taxes. Saverin, whose public spat with Mark Zuckerberg was featured [...]
MARK ZUCKERBERG KICKS OFF FACEBOOK IPO
Facebook Inc CEO Mark Zuckerberg fielded questions about the No. 1 social network’s slowing revenue growth and its $1 billion purchase of Instagram as he kicked off a cross-country roadshow to promote the company’s $10 billion initial public offering. Wearing his trademark “hoodie” sweatshirt, jeans and sneakers, the 27-year-old chief executive said he would do [...]