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Imisi’s ₦150m BBNaija Prize Safe from New Tax Laws

BBNaija Season 10 winner Imisi will receive her full ₦150 million prize money without a significant deduction from the new 25% income tax rate, according to clarifications. Confusion had spread on social media after reports mistakenly claimed ₦37.5 million would be taken from her winnings due to Nigeria's 2025 Tax Reform Act. However, the new law does not take effect until January 2026 and therefore does not apply to her prize, which falls under the 2025 fiscal year. While her winnings may still be subject to existing withholding taxes, they are shielded from the higher, upcoming tax rates. The clarification has brought relief to fans who had expressed outrage online about the potential deduction. Imisi, whose real name is Opeyemi Ayanwale, won the show on Sunday night after a ten-week competition, beating fellow finalist Dede to the grand prize.

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Angela Rayner Resigns Over £800,000 Tax Row

Angela Rayner has resigned as deputy prime minister, housing secretary, and deputy Labour leader after admitting she failed to pay the correct amount of tax on her £800,000 flat in Hove. Her departure comes after the prime minister’s ethics adviser, Sir Laurie Magnus, concluded she had breached the ministerial code, despite acting “with integrity.” He said Rayner did seek legal advice during the purchase but failed to obtain specialist tax guidance, as recommended. In her resignation letter, Rayner said she accepted she “did not meet the highest standards,” adding: “I deeply regret my decision not to seek additional specialist advice given my role as housing secretary and my complex family arrangements. I take full responsibility for this error. It was never my intention to do anything other than pay the right amount.” The controversy stems from her purchase of the […]

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