MERCY AIGBE, ENIOLA AJAO SPARK BACKLASH OVER ATTENDANCE AT CEO LUMINEE’S SURPRISE BABY SHOWER. (PHOTO).

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 Mercy Aigbe, Eniola Ajao Spark Backlash Over Attendance at CEO Luminee’s Surprise Baby Shower The Nigerian entertainment circle is buzzing once again following the birth of a newborn baby boy to celebrity stylist Abiodun Folashade, widely known as CEO Luminee, and veteran actor Olanrewaju Omiyinka, popularly called Baba Ijesha. While the news of their child initially sparked waves of skepticism across social media, a newly surfaced video from Luminee's surprise baby shower has added more fuel to the ongoing online debate. A Star-Studded Surprise and Tears of Joy In the recently leaked footage, a heavily pregnant CEO Luminee can be seen completely overwhelmed with emotion. The popular fashion designer broke down in tears of joy as close friends and colleagues pulled off a heartwarming surprise baby shower for her. Among the high-profile guests captured comforting the emotional mother-to-be were prominent Nollywood actresses Mercy Aigbe and Eniola Ajao. Another segment of the video ...
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105 COMPANIES GRANTED TAX WAIVERS IN Q4 2024 — NIPC. (PHOTO).

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 105 Companies Granted Tax Waivers in Q4 2024 — NIPC


The Nigerian Investment Promotion Commission (NIPC) has announced that 105 companies were granted corporate income tax waivers under the Pioneer Status Incentive in the fourth quarter of 2024.


According to the NIPC’s Q4 report, the beneficiaries, including Dangote Fertilisers, Mikano International, Dufil Prima Foods, and Edo Refinery, collectively invested over N2.4 trillion.


The pioneer incentive offers qualifying firms a three-year tax holiday, extendable by up to two years, to stimulate industrial growth.


As of December 31, 2024, NIPC received 19 new applications, approved extensions for eight companies, and granted 22 fresh approvals.


While the report did not disclose the total value of the waivers, authorities have flagged concerns over the rising cost of tax incentives, which reportedly amount to about N6 trillion annually.

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