Headline

US Grants Adeosun’s Foundation Non-profit, Tax-exempt Status

Published

4 years ago

June 1, 2022

Dash Me Foundation, an organisation founded by Nigeria’s former Minister of Finance, Kemi Adeosun, has announced that it has been granted a non-profit with tax-exempt status by the United States government.

This is contained in a press statement released on Tuesday.

The Foundation said it received its new status under Section 501(c)(3) of the US Internal Revenue Code.

According to Adeosun, “contributions from both corporations and individuals, donated to the New York-based Dash Me Foundation (US) are now fully tax-deductible” owing to its new status.

The status also means that “the Dash Me Foundation (US) was now eligible to apply for government and foundation grants, which will further broaden access to resources and strengthen its ability to raise funds for orphans and vulnerable children, victims of domestic violence and disadvantaged youth,” according to the statement.

The statement quoted the ex-Finance Minister as saying, “The Dash Me Foundation US is proud to announce that it is officially a non-profit with tax-exempt status under Section 501(c)(3) of the United States Internal Revenue Code.

“The granting of a non-profit status to Dash Me Foundation in the United States is a major milestone for our growing organisation, and we are excited about the prospects it creates. Attaining recognition of our Charitable Status by the American Internal Revenue Service was a rigorous process and we are proud to have met all the requirements.”

Adeosun stated that the US team could now actively mobilise donations and support from its extensive US based diaspora as well as corporations and foundations, interested in supporting indigenous charitable work in Nigeria and beyond, according to the press statement.

“Our Donors can now change lives in Nigeria whilst obtaining a full tax deduction in America,” she was quoted as saying.

The statement further noted, “Since its launch in Nigeria in June 2021, Dash Me Foundation has raised funds for orphanages, domestic violence shelters and the physically challenged through its Dash Me Store and other activities.

“She confirmed that the Dash Me Foundation had mobilised and deployed cash and resources in projects in Lagos, Ogun, Cross River, Kano, Nasarawa, Imo, Osun and Kogi States.”

“Dash Me Foundation aims to raise more funding for orphans and vulnerable children, victims of domestic violence and disadvantaged youth in Nigeria with the ambition to cover the West African region,” the founder added, according to the statement.

PUNCH.

Headline

Indian Court Denies Bail To Nigerian Man Over Drug Charges

Published

18 minutes ago

May 28, 2026

Editor

A court in India has denied bail to a 44-year-old Nigerian national, Cristian Soporuchukwu, who is currently facing drug trafficking charges in the country.

Cristian Soporuchukwu initially entered India on a business visa but was later arrested over allegations of involvement in the sale of hard drugs.

Reports indicated that after arriving in India, Soporuchukwu travelled through Goa, Delhi, and Mumbai, where he allegedly established links with suspected drug traffickers.

He was accused of purchasing MDMA crystals and distributing them to college students and information technology workers.

According to reports, operatives of the Beguru Police arrested Cristian Soporuchukwu in April 2025 for allegedly selling MDMA crystals around Begur Lake and the AECS Layout Road area.

The New Indian Express reported that the High Court of Karnataka subsequently dismissed the Nigerian’s bail application.

“The anti-narcotics wing seized about 1 kg of MDMA crystals, a pocket weighing machine, 10 zip-lock covers, a mobile phone and a scooter from him,” the report stated.

Justice V. Srishananda, while ruling on the bail application, reportedly held that errors relating to the grounds of arrest could not automatically justify bail in serious narcotics-related offences under the Narcotic Drugs and Psychotropic Substances, NDPS, Act.

The court further noted that Cristian Soporuchukwu had allegedly overstayed his visa in India, according to the report.

Headline

Strait Of Hormuz: US Announces Sanctions Against Iran

Published

47 minutes ago

May 28, 2026

Editor

The United States Treasury has announced sanctions against Iran’s Persian Gulf Strait Authority.

Treasury Secretary, Scott Bessent, said this in a statement on Wednesday.

The statement extended the threat of sanctions to anyone paying the fees, saying they may be providing support to and receiving services from Iran’s Revolutionary Guards, and therefore may be exposed to sanctions risk.

“The Iranian military’s latest attempt to extort global maritime trade is proof that Economic Fury has left the regime desperate for cash.

“Treasury has deprived the Iranian regime of revenue for their weapons programs, terrorist proxies, and nuclear ambitions,” Bessent said.

Bessent added that the US has succeeded in disrupting tens of billions of dollars’ worth of revenue from being accessible to Tehran.

Headline

US Launches New Airstrikes On Iran

Published

50 minutes ago

May 28, 2026

Editor

The United States has launched new airstrikes in southern Iran.

The strike shot down four one-way attack drones that posed a threat around the Strait of Hormuz and then a ground control site.

A US official revealed that American forces struck an Iranian ground control station in Bandar Abbas that was about to launch a fifth drone.

The official described the strikes as purely defensive, saying the US intended to maintain the ceasefire.

Report says this is the second time in three days that the US has carried out self-defense strikes against Iranian military targets in southern Iran.

Recall that on Monday the US carried out airstrikes against Iranian missile locations and boats that US Central Command said were preparing to launch mines in the Strait of Hormuz.