Author: Newsjaunts
The Federal Inland Revenue Service, FIRS, said it has expanded the country’s tax net with the capturing of more than 170,000 new taxpayers through the introduction of new business modules and simplifying tax payment processes. Executive Chairman of FIRS, Dr. Zacch Adedeji, who disclosed this at a media chat in Lagos, noted that the agency recorded a 56 percent, year-on-year (YoY), increase in revenue collection to N3.94 trillion in the first quarter of 2024 (Q1’24) compared to the N2.52 trillion collected in Q1’23. Represented by the Special Adviser on Tax Policy, Femi Olarinde, he noted that FIRS achieved 81 percent…
Lagos.18.07.2024. Unity Bank customers have claimed over N4 million in cash rewards in its ongoing loyalty programme recently rolled out with Cashtoken, a Cash Reward-as-a-Service company. The winners included no fewer than 40 customers who adopted and transacted on the Bank’s digital banking platforms, including the UniFi mobile banking application, the *7799# USSD platform or activated their Unity Bank Verve Card to transact on e-payment terminals across Nigeria. Beginning from onboarding in our customer lifecycle journey, the Unity Bank Cashtoken Partnership commenced as a loyalty and reward scheme to reinforce the benefits of e-banking platforms. To begin, Customer transactions earn cash tokens, which are then redeemed to qualify…
Zenith Bank Plc, Nigeria’s leading financial institution, held its Capital Markets Day last week to showcase the bank’s inherent values as it embarks on its recapitalisation journey. The event, which brought together key market players, focused on the bank’s growth trajectory, strategic objectives, market performance, and consistent, robust dividend payout over the years. It also provided an opportunity for the bank to inform capital market stakeholders about its robust risk management culture, adherence to regulations, capital adequacy, and maintenance of low non-performing loan levels. Addressing capital market stakeholders, investors, and analysts at the event in Lagos, the Group Managing Director/Chief…
In line with the United Nations’ initiative to highlight population-related issues on World Population Day, it is crucial to emphasize the significance of investing in data collection to understand population dynamics, tailor solutions, and drive progress. Nations worldwide are encouraged to develop policies that enhance the standard of living for their citizens. In this global context, real estate plays a pivotal role, especially in Nigeria, which boasts a burgeoning population of over 200 million people. Adron Homes and Properties stands out as a key player in addressing the housing needs of this rapidly growing population by creating thriving communities. 1.…
Africa’s leading entertainment company, MultiChoice, has announced that all Premier League, La Liga, Serie A, Champions League and Europa League matches of the 2024/25 football season will be broadcast live on SuperSport channels, available on DStv and GOtv. The 2024/205 Premier League season will kick off on DStv and GOtv on August 10, with the Community Shield fixture between Premier League champions Manchester City and FA Cup winners, Manchester United at Wembley. The match will be live on SuperSport Football, (DStv ch 203 And GOtv ch 66) at 3pm. According to the Executive Head of Marketing, MultiChoice West Africa, Tope…
Pioneering affordable housing solutions in Nigeria, Adron Homes and Properties remains a leading name in the real estate sector. Since its inception in 2012, Adron Homes has consistently redefined the real estate landscape, achieving significant milestones and breaking barriers that have set new benchmarks in the industry. Through its innovative approach, the company has become synonymous with quality, reliability, and customer satisfaction. Having built a strong foundation of exceptional service, the organization has not only achieved unparalleled growth but also made significant progress and created a reputable name for itself. This is evident in its groundbreaking estates and modern architectural designs…
The Ogun State chapter of Sports Writers Association of Nigeria (SWAN), has announced Valuejet as title sponsor for the 4th SWAN Security Cup tournament. Chairman, SWAN (Ogun State Chapter), Mr. Michael-Azeez Ogunsiji who confirmed the development, said the foremost airline company, Value Jet Nigeria agreed to be the official sponsor of the annual SWAN Security Cup at a strategic meeting between the company and the association. Ogunsiji noted that, the continuous collaboration between Value Jet Nigeria and SWAN shows the deep connection to promote synergy among security agencies, while also promising a competitive tournament ahead. He said “We are delighted…
The Ogun State House of Assembly has invited the management of Dangote Cement Ibese to appear before the lawmakers on July 17, 2024, at 1:00 pm. The invitation comes after members of the Assembly expressed concerns over the environmental degradation caused by the company’s activities in the host communities. During a visit to the cement plant, lawmakers observed that the company’s operations were unsustainable and harmful to the environment and the well-being of the people. They noted that the company’s activities had affected over 50 communities, causing darkness and loss of lives and properties due to indiscriminate parking by trailer…
…says Agbara-Lusada-Atan road to be completed in September
Zacch Adedeji, the chairman of the Federal Inland Revenue Service (FIRS), has been honoured with the award for fiscal reforms and innovation at the Nigeria Excellence Awards in Public Service (NEAPS). NEAPS is an annual event that recognises excellence in leadership, service, or humanitarianism. Adedeji was recognised for his impact on fiscal reforms and innovation within the FIRS. The organisers of the award said the FIRS boss is the brain behind the emergency economic intervention bill (EEIB) recently presented to the national assembly. The bill aims to fix urgent tax issues, make it easier to collect revenue and help stabilise…