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Showing posts with the label TAX

Nigerian Government Will Start Taxing your Crypto Earnings from January 2026! See Breakdown...

By Michael Ehindero
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Effective January 2026, the Nigerian Government will start collecting taxes from Crypto. This new law works such that you're only paying taxes only when you make profits from Cryptocurrencies. See the Tax Percentage for each earning band below..... Responsive Tax Table Annual Income Tax Rate ₦800,000 ($537.54) 0% ₦2.2 million ($1,478.24) 15% ₦9 million ($6,047.33) 18% ₦13 million ($8,735.03) 21% ₦25 million ($16,798.14) 23% ₦50 million ($33,596.28) 25% If you invest $2,000 (₦2.93 million) in bitcoin and later sell it for $4,000 (₦5.86 million ), your profit of $2,000 (₦2.93 million) becomes taxable un...
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Nigerian FG announces new requirement for opening bank account

By Michael Ehindero
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The  Nigerian Federal Government has announced that Tax Identification (Tax ID) will become compulsory for all Nigerians involved in banking and allied services from January 1, 2026. The new directive is part of the Nigeria Tax Administration Act, 2025, recently signed into law by President Bola Tinubu. Under Part II Section 4 of the Act, all taxable individuals and organizations must register with the relevant tax authority and obtain a Taxpayer Identification Card. The Act further stipulates that every ministry, department, and agency at federal, state, or local levels must also secure a Tax ID. Non-resident individuals or entities supplying taxable goods or services in Nigeria are equally mandated to obtain one. The law empowers tax authorities to issue a Tax ID on behalf of those who fail to apply, or to reject applications if available information warrants such action. Applicants must be notified of any refusal within five working days. In addition, Section 8 of th...
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Trending Stories On MEB

Nicki Minaj Accuses Keyshia Ka’oir of 'Sedating' Husband Gucci Mane Following Interview

By Michael Ehindero
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__________ In 2014, before going to jail, Gucci Mane gave his girlfriend Keyshia Ka'oir $2 million so she could take care of herself while he served his sentence. Instead of spending it, Keyshia invested the money into her businesses and turned it into $6 million by the time Gucci was released in 2016. ___________ Gucci Mane 's recent appearance on "The Breakfast Club" alongside his wife, Keyshia Ka’oir, has ignited a social media firestorm. The couple spoke candidly about their marriage and  _______________________ Related : Sound on Tuesday: No Love [Remix] by August Alsina & Nicki Minaj ________________________ the rapper's mental health challenges while promoting his new memoir, Episodes. Ka'oir detailed how they navigate his struggles as a couple. However, the discussion took a sharp turn into drama when Nicki Minaj launched a fiery attack on the pair via a social media post late Monday night. Minaj’s rant appeared to be dire...
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Former Canadian Prime Minister Justin Trudeau & Katy Perry in Steamy Relationship¡

By Michael Ehindero
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After months of speculation, Katy Perry has all but confirmed her romance with former Canadian prime minister Justin Trudeau. The duo were seen enjoying a steamy outing on board the pop star’s yacht as it sailed off the coast of Santa Barbara, California, over the weekend. They clearly couldn’t keep their hands off each other with the pair photographed kissing and cuddling on board after months of speculation. This public display of affection comes three months after romance rumors started, when they were seen having dinner together at the upscale Le Violon restaurant in Montreal during Perry’s Lifetimes tour in Canada. In one photo, Trudeau, 53, even grabbed Perry’s booty as they hugged.
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Trial of K!llaboi who allegedly mvrdered his Girlfriend to begin today

By Michael Ehindero
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The trial of Nigerian internet punter Benjamin Best , popularly known as Killaboi , is set to commence today, Thursday, January 15, 2025. ___________________ RELATED : K!llaboi & Austa: The Billionaire Punter, The Model, and the M8rder That Shook Social Media! ___________________ Mrs. Cordelia Okonye, mother of the late Augusta Onuwabhagbe, confirmed the development in a post on her social media page, stating that the matter would be heard at the High Court, Tafawa Balewa Square, Lagos. Best is accused of killing 21-year-old Onuwabhagbe, a student of Lead City University, at his residence located at No. 24a Abiola Apooyi Street, Oral Estate in Ajah, Lagos, in July 2023. He reportedly fled the country shortly after the incident and was declared wanted by Nigerian authorities. He was arrested in Qatar in February 2025 and later extradited to Nigeria in April 2025 to face trial. Share this story
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IN REVIEW: Victor Gyokeres joins Arsenal from Sporting CP

By Michael Ehindero
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Arsenal have signed centre forward Viktor Gyokeres from Sporting CP for a €63.5million (£54.8m, $74.2m) fixed upfront fee plus €10m (£8.6m, $11.7m) in add-ons. The 27-year-old has signed a five-year contract at the Emirates. Born in Stockholm, Viktor started his career with IF Brommapojkarna, where he developed through their youth academy, scoring 32 goals in 31 appearances at under-19 and under-21 levels, and making his senior debut as a 17-year-old. In January 2018, the clinical goalscorer joined Brighton & Hove Albion, during which time he enjoyed loan spells at Swansea City, St. Pauli and Coventry City, moving to the Sky Blues permanently in 2021 and helping them to the Championship Play Off final in 2023. Gyokeres returns to England with a significantly higher profile after his first arrival. He joined Brighton & Hove Albion aged 19 in 2018 from Swedish side Brommapojkarna, but only made a handful of cup appearances. After loans to S...
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Charlie Javice Sentenced to 7 years in Prison for Defrauding J.P Morgan Chase of $175 Million

By Michael Ehindero
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Charlie Javice , the 33-year-old founder of the startup Frank , was sentenced Monday to more than seven years in prison after being convicted of defrauding JPMorgan Chase out of $175 million . JPMorgan Chase bank bought her student loan start-up, but later discovered the numbers were falsified. A Manhattan federal court jury found in March that Javice had grossly inflated the company’s customer numbers, creating fake records that claimed Frank had over 4 million users when the real figure was fewer than 300,000.  Judge Alvin K. Hellerstein, who handed down the sentence, described her actions in the summer of 2021 as “a large fraud” aimed at deceiving the banking giant.
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Music Mogul Sean ‘Diddy’ Combs to be Sentenced Today, Court Sentences Combs to 4 years in Prison and $500,000 fine

By Michael Ehindero
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Sean “Diddy” Combs is set to be sentenced this morning, Friday 10/03/2025 by a federal judge in New York, following his conviction earlier this year on federal charges related to prostitution. U.S. District Court Judge Arun Subramanian sentenced Sean “Diddy” Combs to 50 months in prison, along with a $500,000 fine and five years of supervised release following his incarceration. ** If you're seeing a broken link message below, it's because the post is being Censored on Instagram¡ Click on 'Visit Instagram' to view. View this post on Instagram A post shared by MEB (@michaelehinderosblog) * LIVE Lawyer calls prison sentence unconstitutional, says to expect an appeal Attorneys for Diddy said they have a strong basis to appeal the judge’s sentence, which they described as “unconstitutional.” Speaking to reporters outside the courthouse, defense attorney Marc Agnifilo said Judge Arun Subramanian used the word “coercion” at least a doz...
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Uganda Shuts Down Internet as President Museveni seeks to extend 40 year rule

By Michael Ehindero
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Uganda has been plunged into a nationwide digital blackout on Tuesday evening as the government ordered internet service providers to sever connections just two days before a pivotal general election. The formal directive from the Uganda Communications Commission cited the need to curb misinformation, electoral fraud, and potential incitement to violence as justifications for the shutdown.  While government officials privately confirmed the order to AFP, the administration has avoided making a public announcement, reportedly to distance itself from the controversial decision. The timing of the disconnection heightens tensions as President Yoweri Museveni seeks to extend his four-decade rule against a familiar challenger, singer-turned-politician Bobi Wine. The blackout, which commenced at 6:00 pm local time, marks a stark reversal of recent government promises. Authorities had previously dismissed reports of an impending shutdown as "false" rumors designed to sp...
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Sound on Tuesday: No Love [Remix] by August Alsina & Nicki Minaj

By Michael Ehindero
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**This is not a Sponsored Post You can’t treat me like you treat them, yes, I am the crème de la crème, yes, I am from one to ten, ten🎶🎶 Happy Tuesday MEB, enjoy this sound, it's from the past¡   ________________     _________________ LYRICS [Intro: Nicki Minaj, August Alsina] (Drumma Boy) August, Young Money She said she wanna stay together I don't think I can, no I swear this is my favorite song, hahahaha I’m serious, rrrrr [Verse 1: August Alsina] Red light, you know I can't make this thing that official Believe, we had a great night but I ain't the type to tell you that I miss you, shit You don't like that, I make this easy, leaving After sexing on the floor Baby, I know you need me like I need you But I'm not the one you wanna love [Pre-Chorus: August Alsina] So just pop a couple bands with a nigga like me Loving ain't the same with a nigga like me You used to them but ain't no loving me I hear what you would say and girl, it's c...
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MacKenzie Scott, Jeff Bezos's ex Wife donating another $70 million to historically Black US Colleges and Universities

By Michael Ehindero
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MacKenzie Scott , ex wife of Amazon founder, Jeff Bezos is making another huge donation with no strings attached. MacKenzie Scott has pledged another major unrestricted gift, this time, $70 million to historically Black colleges and universities The donation by Scott, whose net worth is currently valued to be around $34 billion, is set to reshape the financial future of 37 historically HBCUs (historically Black colleges and universities), as part of a $1 billion campaign. The gift is one of Scott’s largest single donations ever, over the past 5 years, she’s given away $19 billion in gifts to more than 2,000 nonprofits.
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TECH ON TUESDAY: The 2 Easiest Ways to Move your Data from your Old iPhone to your New One [VIDEO]

By Michael Ehindero
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A lot of people often encounter issues when trying to transfer data from their old iPhone to a new one. Today, we'd be looking at the 2 easiest ways you can transfer your data from your old iPhone to your new one.   1. Using Quick Start   2. Using iCloud Backup ______________________________ ________________________________ Option 1: Using Quick Start The easiest and most reliable way to move data to your new iPhone is by using Quick Start, Apple’s device-to-device transfer tool. It automatically copies your settings, apps, photos, data, and even your Home Screen layout. Before you begin, make sure both iPhones are connected to Wi-Fi, have Bluetooth turned on, and are plugged into power.  Place your old iPhone next to the new one to start the process. When the “Transfer Your Data” screen appears, choose “Transfer from iPhone” to begin the migration. Tips for using Quick Start (Direct Transfer) 1. Prepare your devices: Turn on your new iPhone and ke...
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