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FIRS Extends Tax Office Hours in June

18.06.2025
The Chairman of the Federal Inland Revenue Service, Zacch Adedeji, has directed the extension of tax office operations to weekends for the month of June to cater to the annual Companies Income Tax filing season. This was disclosed in a statement issued on Monday by the Special Adviser on Media to the FIRS chairman, Dare...
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Nigeria’s COVID Recovery: A 20-Year Struggle?

18.06.2025
The World Bank has said that it may take Nigeria and other developing countries about 20 years to recover from the economic losses suffered during the COVID-19 pandemic. This was disclosed by the Senior Vice President and Chief Economist, World Bank Group, Indermit Gill, in the latest edition of the Global Economic Prospects. In the...
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NGX Drops N121bn: CBN Directive Impacts Investors

17.06.2025
The Nigerian Exchange Limited began the new trading week on a bearish note as the market capitalisation declined by N121bn, driven largely by sell-offs in banking stocks following a directive from the Central Bank of Nigeria. The directive, which suspended dividend payments, bonuses, and new foreign investments by banks operating under regulatory forbearance, triggered panic...
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Lagos Entrepreneurs: Layeawards Honouring Business Leaders

17.06.2025
The sixth edition of the Lagos Young Entrepreneur Awards is set to take place this September, aiming to recognise and celebrate outstanding young entrepreneurs whose work is contributing significantly to Lagos State’s emergence as the fifth largest economy in Africa. The disclosure was made in a statement on Monday by the organisers of the event,...
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Lagos Coastal Road: Planning Approvals Halted

17.06.2025
The Lagos State Government has announced the immediate suspension of planning approvals along the Lagos-Calabar Coastal Road. The announcement was contained in a statement by the Commissioner for Physical Planning and Urban Development, Dr Oluyinka Olumide, in Alausa on Monday. Olumide said that the suspension of planning approvals along the Lagos-Calabar Coastal Road was necessary...
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Petrol Price Hike: PENGASSAN Blasts Oil Marketers

17.06.2025
Depots have hiked the pump prices of Premium Motor Spirit (petrol) after the escalating tension in the Middle East jerked up the prices of crude oil. The rise was also linked to a strike by tanker drivers along the Lekki-Epe corridor in Lagos. This came as the President of the Petroleum and Natural Gas Senior...
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Sugar Tax Increase Opposed: Firm Challenges Nigeria’s Propos

17.06.2025
ThinkBusiness Africa has countered the push to increase the sugar-sweetened beverage tax in Nigeria. In May, the Corporate Accountability and Public Participation Africa was said to have released a report titled, ’Junk on Our Plates: Exposing Deceptive Marketing of Unhealthy Foods Across Seven States in Nigeria‘. The document reportedly called for an aggressive overhaul of...
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Air Peace Summoned: FCCPC Orders Refund Probe

17.06.2025
The Federal Competition and Consumer Protection Commission has summoned the management of Air Peace Limited over multiple complaints of non-refund of ticket fares by passengers, even in cases where the airline cancelled its scheduled flights. In a formal notice dated June 13, 2025, the commission ordered the airline to appear before it at its Abuja...
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Pension Remittance Simplified: Interswitch Unveils New Platf

17.06.2025
Interswitch, one of Africa’s leading technology companies, has officially launched Interswitch PensionRemit, a fully automated platform designed to help employers comply with the recently introduced Pension Contribution Remittance System. It said in a statement on Monday that the new system, mandated by the National Pension Commission and the Pension Fund Operators Association of Nigeria, took...
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Stablecoin Regulation: SEC Eyes Cross-Border Trade

17.06.2025
The Securities and Exchange Commission has announced plans to develop a regulatory framework for stablecoins, aiming to facilitate cross-border trade, payments, and programmable finance in Nigeria’s burgeoning digital asset space. In a statement made available to our correspondent by the commission on Monday, the Director-General of the SEC, Emomotimi Agama, revealed this initiative during his...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024
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Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024
The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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