Author: Ifetayo Adeniyi

Nigeria attracts $7.6bn investment interests at Africa’s forum AfDB President, Akinwumi Adesina, at the Africa Investment Forum Nigeria attracts $7.6bn investment interests at Africa’s forum Nigeria has attracted $7.6bn in investment interests at the Africa Investment Forum 2024, held in Rabat, Morocco, from 4 to 6 December 2024. The announcement was made by the President of the African Development Bank, Dr Akinwumi Adesina, in a post on his X (formerly Twitter) account on Saturday. Adesina expressed optimism about the potential impact of the investment interests, highlighting the participation of several Nigerian state governors at the forum. “I am delighted the…

Avalanche Creative Academy Debuts Avalanche Creative Academy Debuts Fast-growing Lagos-based Entertainment and hospitality hub, Avalanche has announced the birth of its educational arm, The Avalanche Creative Academy. The academy is designed as a top-notch platform dedicated to nurturing creativity and innovation among aspiring creatives. The Academy aims to provide comprehensive training through various programs, workshops, and mentorship opportunities, all designed to inspire and equip students with the skills they need to thrive in the creative industry. It offers the following courses: Music Production, Sound Engineering, Photography, cinematography, 3D,graphic designs, motion graphics, Business Management, Creative copywriting, and Creative Strategies. The…

LIRS Sets January 31 Deadline For Annual Tax Returns Filing By Employers LIRS Sets January 31 Deadline For Annual Tax Returns Filing By Employers The Lagos State Internal Revenue Service (LIRS) has issued a reminder to all employers in Lagos State to fulfill their statutory obligation to file annual tax returns for the 2024 financial year on or before January 31, 2025. This requirement is in line with the Personal Income Tax Act (PITA) Cap P8 LFN 2004 (as amended). In an official statement, the Executive Chairman of LIRS, Dr. Ayodele Subair, emphasized that meeting this deadline is a legal…

774 LGs ready for direct revenue allocation from FG 774 LGs ready for direct revenue allocation from FG A dedicated unit is now in place in the Office of the Accountant General of the Federation (OAGF) to handle direct disbursement of funds to the 774 local governments across the country as the planned financial autonomy for the third tier of government takes effect this month. The first meeting of the Federation Account Allocation Committee (FAAC) for this year has been scheduled for Wednesday with operational details for direct fund allocations to the LGs expected to feature prominently, The Nation gathered…

Tinubu in Abu Dhabi for high-stakes Sustainability Summit Tinubu arrived in Abu Dhabi Tinubu in Abu Dhabi for high-stakes Sustainability Summit President Bola Ahmed Tinubu touched down in Abu Dhabi at 6:00 am local time on Sunday to attend the 2025 edition of Abu Dhabi Sustainability Week (ADSW), a global platform dedicated to accelerating sustainable development initiatives. The President was warmly received at the airport by Sheikh Shakhboot Nahyan Al Nahyan, the UAE’s Minister of State in the Ministry of Foreign Affairs, alongside a delegation of high-ranking government officials. The President with his host ADSW 2025, which gathers world leaders,…

CSR Initiatives that are efficient and working in Africa continent CSR Initiatives that are efficient and working in Africa continent Corporate Social Responsibility (CSR) is not just a corporate obligation—it is a powerful mechanism for addressing social and environmental challenges. Across Africa, companies are stepping up to implement transformative projects that uplift communities, improve living standards, and create sustainable futures. Below, we delve into ten impactful CSR initiatives across the continent, showcasing their extraordinary contributions and the profound changes they are driving. 1. Safaricom’s M-PESA Foundation (Kenya) Revolutionizing Financial Inclusion and Community Development In Kenya, Safaricom has redefined financial services…

Aiyedatiwa at 60, Tinubu celebrates President Bola Tinubu Aiyedatiwa at 60, Tinubu celebrates President Bola Tinubu has congratulated Governor Lucky Aiyedatiwa of Ondo State, on his 60th birthday, which falls on Sunday, January 12, 2025. In a statement on Saturday, by his Special Adviser on Information and Strategy, Bayo Onanuga, Tinubu commended Aiyedatiwa’s unwavering commitment to political ideals and grassroots development, hailing his exceptional political journey and dedication to public service. The statement partly read, “President Bola Tinubu rejoices with Governor Lucky Orimisan Aiyedatiwa of Ondo State on his 60th birthday tomorrow, January 12, 2025,” The President highlighted Aiyedatiwa’s steadfastness…

2024 Calabar Carnival generated N14.06b, attracted over 300,000 visitors 2024 Calabar Carnival generated N14.06b, attracted over 300,000 visitors The Cross River Tourism Bureau says no fewer than 300,000 tourists attended the recently concluded 32-day Calabar Carnival held in Calabar, Cross River. The bureau’s Managing Director, Ekpenyong Ojoi, disclosed this in a statement in Lagos on Saturday. Ojoi said that there was a 42 per cent growth in tourist attendance for the carnival in comparison with 2023 statistics. He said, “Calabar recorded over 300,000 tourists from Nov. 1 to Dec. 31st, 2024, who came in for the Calabar Carnival to see…

$200,000 Worth of Relief Items Given to Bauchi Flood Victims by ECOWAS, FG, Red Cross $200,000 Worth of Relief Items Given to Bauchi Flood Victims by ECOWAS, FG, Red Cross The Economic Community of West African States (ECOWAS) has distributed relief materials including food and non-food items to over 1,000 households whose source of livelihood were devastated by flood disaster in 2024. The distribution of the relief items which took place yesterday in Bauchi Government House under the grand finale of the ECOWAS Flood Response Project was carried out by a high-level delegation from the ECOWAS Commission, the Ministry of…

Glo-Sponsored African Voices Changemakers Hosts Hollywood Star, Djimon Hounsou Glo-Sponsored African Voices Changemakers Hosts Hollywood Star, Djimon Hounsou African Voices Changemakers, the popular CNN International magazine programme will this weekend host one of Hollywood’s most celebrated African actors, Djimon Gaston Hounsou. The programme is sponsored by digital solutions provider, Globacom. The star actor who was born in Benin Republic in April 1960, will be chatting with programme anchor, Larry Madowo on his inspiring journey and how he links the Black diaspora with its roots through the Djimon Hounsou Foundation which he launched in New York in 2019. Hounsou became a…