FLOOD ALERT: ANAMBRA GOVERNMENT URGES RESIDENTS TO TAKE PRECAUTIONARY MEASURES. (PHOTO). #PRESS RELEASE.

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  FLOOD ALERT: ANAMBRA GOVERNMENT URGES RESIDENTS TO TAKE PRECAUTIONARY MEASURES By Maureen Ugwukah The Anambra State Government has issued a flood alert to all residents of the state following a forecast by the Nigerian Meteorological Agency (NiMET). The forecast listed Anambra as one of the states likely to experience above-normal flooding this year due to its location within the delta belt. The alert was jointly issued by the Ministry of Information and Value Reformation and the Ministry of Environment on September 22. The Commissioner for Information and Value Reformation, Dr. Law Mefor, and the Commissioner for Environment, Dr. Clem Aguiyi, said government is taking proactive steps to mitigate the impact of the anticipated flooding. They, however, called on Ndi Anambra to prioritise personal and collective safety throughout the rainy season. Residents are therefore strongly advised to remain vigilant and take the NiMET prediction seriously throughout the rainy season. They are...
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BINANCE SEEKS OUT-OF-COURT SETTLEMENT WITH FG IN TAX EVASION CASE. (PHOTO)

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Binance Seeks Out-Of-Court Settlement With Fg In Tax Evasion Case

A Global Cryptocurrency Giant, Binance Holdings Limited Has Opened Talks With The Federal Government To Resolve The Tax Evasion Charge Filed Against It, A Move That Has Effectively Stalled Ongoing Trial Proceedings At The Federal High Court In Abuja.

Both The Defence And Prosecution Confirmed Before The Federal High Court Sitting In Abuja Presided Over By Justice Emeka Nwite That Negotiations Aimed At An Out-Of-Court Settlement Were Underway.
Counsel To Binance, Sunday Agaji, Informed The Court That The Company Had Initiated Discussions With The Tax Authorities In A Bid To Resolve The Matter Amicably.
The Position Was Corroborated By Government Counsel, Moses Idehowho Confirmed That The Defence Had Earlier Approached The Agency Regarding A Possible Resolution.
Although The Matter Had Been Scheduled For Continuation Of Trial, The Court Opted To Adjourn Proceedings To Allow Both Parties Time To Pursue Settlement Discussions.
Justice Nwite Subsequently Fixed May 12 For A Report On The Progress Of The Negotiations, Effectively Pausing The Trial.
The Case Had Reached An Advanced Stage, With The Fourth Prosecution Witness Already Testifying At The Previous Hearing.
The Charges Against Binance Stem From A Four-Count Suit Bordering On Alleged Tax Evasion Linked To Its Operations In Nigeria.

The Company Was Re-Arraigned On July 12, 2024, With Its Nigerian Representative, Ayodele Omotilewa, Entering A Not Guilty Plea On Its Behalf.

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