Author: Ifetayo Adeniyi

FIRS Praises SIFAX Group For Supporting Tax Revenue Growth In 2024 FIRS Praises SIFAX Group For Supporting Tax Revenue Growth In 2024 The Federal Inland Revenue Service (FIRS) has recognized SIFAX Group for its significant contribution to Nigeria’s tax revenue growth and compliance efforts in 2024. During an appreciation visit to SIFAX Group’s headquarters in Lagos, Mr. Kazeem Olanrewaju, Head of the Taxpayers Service Unit at FIRS’ Lagos Mainland West Medium Taxpayers Office, announced that SIFAX Group is now ranked among the Top 20 companies under FIRS’ jurisdiction, out of 300 assessed organizations. Mr. Olanrewaju noted that the visit reflects…

NGX weekly: Investors gain N1.137trn as Wema, FBN, Universal lead Mr. Olusegun Alebiosu, MD/CEO, FirstBank NGX weekly: Investors gain N1.137trn as Wema, FBN, Universal lead The Nigerian Exchange Ltd. (NGX) All-Share Index and Market Capitalisation appreciated by 1.80 per cent each, to close the week at 105,451.06 and N64.303 trillion respectively. Theses are against 103,586.33 and 63.166 trillion posted last week. Consequently, equity investors gained a total of N1.137 trillion for the week under review. Similarly, all other indices finished higher with the exception of NGX Insurance, NGX AFR Bank Value, NGX AFR Div Yield, NGX MERI Value, NGX Consumer…

Reasons for sack of speaker Obasa – Lagos lawmakers give list Mudashiru Obasa Reasons for sack of speaker Obasa – Lagos lawmakers give list Lagos lawmakers have listed perpetual lateness to legislative sections and meetings, highhandedness and inciting members against each other as some of the ‘sins’ over which Mudashiru Obasa was impeached as Speaker of the state assembly. Recall that members of the Lagos State House of Assembly, on Monday, impeached the embattled Speaker, Mudashiru Obasa, representing Agege, over alleged financial misappropriation. The lawmakers replaced Obasa with his erstwhile deputy, Mojisola Lasbat Meranda, representing Apapa I. This makes her…

Lagos Media Workers embark on strike over non-integration into Oracle database, NUJ requests members’ support Lagos Media Workers embark on strike over non-integration into Oracle database, NUJ requests members’ support The leadership of the Lagos State Council of the Nigeria Union of Journalists, NUJ, has urged its members in and outside the state to be part of the planned industrial action, scheduled to commence on Monday, January 13, 2025. The industrial action, SylvaNews gathered has become necessary, following the refusal of the Lagos state government to integrate workers into Oracle’s database. In a letter addressed to the General Manager, Lagos…

Obasa faces impeachment for financial misconduct as Deputy takes seat Obasa faces impeachment for financial misconduct as Deputy takes seat Lagos State House of Assembly, Speaker Mudashiru Obasa has been impeached on Monday by members of the House over alleged statutory and financial violations, Apples Bite Magazine reports. His deputy, Lasbat Meranda, representing Apapa Constituency 1, has been elevated to the position of Speaker. The impeachment occurred while Obasa was reportedly in Atlanta, coming shortly after revelations of a N43.5 billion expenditure allegedly approved for backup vehicles for lawmakers, among other controversial financial decisions. Obasa, 52, who had served as…

Obasa faces impeachment for financial misconduct as Deputy takes seat Obasa faces impeachment for financial misconduct as Deputy takes seat Lagos State House of Assembly, Speaker Mudashiru Obasa has been impeached on Monday by members of the House over alleged statutory and financial violations. His deputy, Lasbat Meranda, representing Apapa Constituency 1, has been elevated to the position of Speaker. The impeachment occurred while Obasa was reportedly in Atlanta, coming shortly after revelations of a N43.5 billion expenditure allegedly approved for backup vehicles for lawmakers, among other controversial financial decisions. Obasa, 52, who had served as Speaker since June 8,…

Seyi Makinde Presents Staff of Office to New Alaafin of Oyo, ignoring opposition Seyi Makinde Presents Staff of Office to New Alaafin of Oyo, ignoring opposition Governor Seyi Makinde has officially presented the Staff of Office to Prince Abimbola Owoade, age 46, as the new Alaafin of Oyo, despite strong opposition from traditional kingmakers. The ceremony took place Monday morning at the Governor’s Office in Ibadan. The installation comes amid significant pushback from Oyo kingmakers, who recently issued a letter to the governor declaring the appointment illegal and void. According to the kingmakers, Prince Owoade’s selection bypassed traditional procedures, as…

Revised Terms for Forces: FG places Bans on Homosexuality, Cross-dressing in Military President Bola Tinubu FG places Bans on Homosexuality, Cross-dressing in Military The federal government has prohibited personnel of the Nigerian military from engaging in homosexuality, bestiality, cross-dressing, and other behaviours that contravene the revised Harmonised Armed Forces Terms and Conditions of Service (HAFCTCS). The the revised Harmonised Armed Forces Terms and Conditions of Service (HAFCTCS) 2024, which was signed by President Bola Tinubu on December 16, 2024, also prohibited personnel from body piercing, tattooing, drunkenness, disorderly conduct, and other forms of public misconduct. The prohibitions were aimed at…

Lagos set to empower 3,000 Youths to get Free ICT, Vocational Training Sanwo-Olu Lagos set to empower 3,000 Youths to get Free ICT, Vocational Training About 3000 young residents in Lagos are set to benefit from the sixth edition of Governor Babajide Sanwo-Olu’s yearly ICT and Skill Acquisition programme. The programme, executed by Project LOUD Sanwo-Olu ICT and Skill Acquisition Centre, in collaboration with the State Ministry of Wealth Creation and Employment, has concluded plans to host the 2025, two months intensive training for interested residents of the state with the promise to equip participants with skills to function maximally…

IKENNA UKWA CONGRATULATES SEN. MBATA ON HIS EMERGENCE AS NEWLY ELECTED PRESIDENT GENERAL OF OHANEZE NDI-IGBO Senator John Azuta-Mbata IKENNA UKWA CONGRATULATES SEN. MBATA ON HIS EMERGENCE AS NEWLY ELECTED PRESIDENT GENERAL OF OHANEZE NDI-IGBO The Senior Legislative Aide to the The Senate President – Nigeria, Chief Hon Ikenna Nicolas Ukwa has joined well meaning Nigerians to congratulate Senator John Azuta-Mbata, on his emergence as the newly elected President General of Ohaneze Ndi-Igbo worldwide. Chief Ikenna Nicolas Ukwa in his congratulatory message described Senator Mbata’s victory as well deserved, taking cognizance of his leadership abilities as a former Senator that…