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 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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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, 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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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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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 […]
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Friday, February 14th, 2025 marked a significant milestone in the Federal Government of Nigeria’s efforts to secure the socio-economic wellbeing of the future generation, as the ground was opened for commencement of construction of the Sustainable & Emerging Technologies Institute (SETI) under the aegis of the National Agency for Science and Engineering Infrastructure (NASENI), The […]
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“The art of business reporting is as serious as business itself,” emphasized Friday Ekeoba, General Editor of National Wire, as he urged campus journalists to hone their skills in this specialized field. Speaking at the award presentation for the maiden edition of the Campus Business Journalism Awards, Ekeoba highlighted the importance of specialization in journalism, […]
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The Central Bank of Nigeria, CBN, has threatened to sanction banks that limit Automated Teller Machines (ATM) withdrawal to less than N20,000 per transaction. The apex bank disclosed this in a document addressing concerns over the reviewed fees on ATM withdrawal. Recall that CBN on Tuesday increased ATM transaction withdrawal fees, saying, from March 1st, […]
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The National Agency for Science and Engineering Infrastructure (NASENI) has celebrated its Executive Vice Chairman/Chief Executive Officer, Khalil Suleiman Halilu, for being honoured with the Young Global Leader Award by ThisDay Newspaper during its grand 30th-anniversary celebration held on January 27, 2025, in Lagos. The award recognizes Khalil Halilu’s transformative leadership, visionary contributions to Nigeria’s […]
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Major African continent’s financial institution, Access Bank Plc is set to host its first-ever Africa Trade Conference (ATC), a landmark event focused on advancing Africa’s economic transformation under the theme, ‘Empowering Africa Through Trade, Innovation, and Sustainable Growth’. The conference Scheduled for March 12, 2025, in Cape Town, South Africa, is poised to bring together […]
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In a bold move to drive economic relief for Nigerians, Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890 per litre, effective from Saturday. This price adjustment is in response to favourable developments in the global energy sector and a significant decline in […]
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