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LIRS Urges Taxpayers to Meet March 31 Deadline for Annual Tax Return Submission

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The Lagos State Internal Revenue Service (LIRS) reminds all individual taxpayers, including self-employed individuals, those in the informal sector, and employees under the Pay-As-You-Earn (PAYE) scheme, to submit their Annual Tax Returns on or before March 31, 2025. This directive is in accordance with the Personal Income Tax Act (PITA) 2004 as amended. Ayodele Subair, […]

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Dangote to Refund Customers Who Purchase PMS Above Advertised Rates From Key Partners

• by Olusegun Edwards
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Dangote Petroleum Refinery & Petrochemicals has announced that it will refund customers who purchase Premium Motor Spirit (PMS) at rates higher than the advertised prices from any of its key partners – AP (Ardova Plc), Heyden, or MRS – across Nigeria. This move follows the refinery’s recent reduction of its gantry price from N890 per […]

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FG Targets Increased Income For Farmers As NASENI Kicks-off Irrigate Nigeria Project in Bauchi Sta

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The Executive Vice Chairman/Chief Executive Officer of the National Agency for Science and Engineering Infrastructure (NASENI) Mr. Khalil Suleiman Halilu has disclosed that the Federal Government’s Irrigate Nigeria Project, amongst other things, targets increase in income of Nigeria’s farmers nationwide, even as the formal launch of the initiative took place at the weekend in Gamawa […]

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Heirs  Energies Forum 2025: Public/ Private Sector Leaders Convene To Drive Nigeria’s Oil Production  Growth

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Heirs Energies, Africa’s fastest growing indigenous integrated energy company, hosted its inaugural Petroleum Industry Leadership Dialogue at the Transcorp Hilton Abuja,bringing together public and private sector leaders to accelerate Nigeria’s production growth. Heirs Holdings’ subsidiary, Heirs Energies, convened the forum,moderated by CEO of Heirs Energies, Osayande Igiehon, and which featured distinguished speakers including the Minister […]

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UBA Group Champions Peace in Africa with Landmark $500,000 Donation to AU Peace Fund

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Africa’s Global Bank, United Bank for Africa (UBA) Plc demonstrated its commitment to fostering peace and stability across Africa with a landmark donation of $500,000 to the African Union (AU) Peace Fund. This donation by the UBA Group supports the AU’s efforts towards promoting security, conflict resolution, sustainable development, and a unified Africa, as envisioned […]

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UBA Knowledge Series: Experts Guide SMEs On Effective Documentation Amid New Tax Regime

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Tax experts have emphasized the importance of Small and Medium Scale Enterprises (SMEs) paying close attention to documentation and agreements to ensure they avoid unnecessary tax liabilities. This advice was shared during the first edition of the United Bank for Africa (UBA) Knowledge Series webinar, in the year titled “2024 Withholding Tax Regulations: Specific Emphasis […]