Author: Newsjaunts

The Federal Inland Revenue Service (FIRS) has commenced a comprehensive review of all tax incentives under its administration, citing the need to improve transparency, eliminate inefficiencies, and ensure value for money in the country’s tax expenditure system. This move was disclosed by the Executive Chairman of the FIRS, Dr. Zacch Adedeji, who was represented by the Coordinating Director of the Corporate Services Group, Mrs. Bolaji Akintola, at the Tax Expenditure Workshop held in Abuja on Tuesday. Dr. Adedeji said the Service had already identified a number of infractions in the administration of tax incentives, as a result of ongoing monitoring…

What if the problem isn’t that there’s nothing to watch but that you’ve just not found it yet? Tunde has a ritual. Every evening after work, he slumps into his couch, picks up the remote, and begins the great scroll. One channel after the other, eyes glazed, fingers moving. No destination in mind. He always ends up on the same two or three shows, sighing that there is “nothing else” to watch on GOtv. Then one chill Sunday, his niece snatches the remote from him. “Uncle Tunde, you didn’t check anything, you were just scrolling and scrolling,” she laughs. Within…

Nigeria’s teenage boxing sensation and University of Lagos Law undergraduate, Raheem “Badoo” Animashaun, is set to return to action at GOtv Boxing Night 33 on April 26th, where he will face Gbodja Jean Coffi of the Benin Republic. The bout is one of the seven scheduled for the event, which will take place at the Molade Okoya-Thomas Indoor Sports Hall of the Teslim Balogun Stadium, Lagos. Badoo, who has emerged as one of Nigeria’s most promising boxing talents, comes into the fight with an unblemished record of 14 wins from 14 fights, including eight knockouts. He was named Best Boxer…

Odunlami, the publisher of Nigeria’s alerting news website, Newsjaunts, has formally issued a retraction concerning previously published claims about Guaranty Trust Holding Company (GTCO). The retraction pertains to Newsjaunts’ earlier publication from 16th September, 2024, titled ‘’GTBank Faces Internal Crisis As EFCC, FIRS Investigate Alleged False Profit Declaration.’’ Upon review, the publication was found to be unsubstantiated, misleading, and inaccurate. In light of further verification, Newsjaunts confirms that GTCO’s quarterly financial reports underwent proper auditing, approval, and certification by the Central Bank of Nigeria (CBN) as well as other recognized regulatory institutions. Expressing regret over the misinformation, Newsjaunts has urged…

LAGOS, Nigeria – April 16, 2025 – Mitchell Elegbe, Founder and Group Managing Director/Chief Executive Officer of Interswitch Group, has been named the Fintech Icon of the Year award at the Vanguard Personality of the Year Awards 2024, held recently at the Convention Centre, Eko Hotels and Suites, Victoria Island, Lagos. The prestigious award, organized by Vanguard Media Limited, recognizes Elegbe’s pioneering role in advancing Nigeria’s financial technology landscape and his unwavering drive to transforming digital payments across Africa. His recognition underscores a legacy built on visionary leadership, groundbreaking innovation, and a steadfast dedication to financial inclusion. Since founding Interswitch in 2002, Elegbe has…

Semi-finalists for the 2025 UEFA Champions League wil emerge this week, as the second leg matches of the lquarter-finals take place across different match venues. The pick of the matches, which will be broadcast live on GOtv, is the clash between defending champions, Real Madrid and Arsenal. Scheduled for Wednesday at the Santiago Bernabeu, the game will see Madrid attempt wipe out the 0-3 deficit suffered at the Emirates last week in what will require a staggering attacking performance. Arsenal go into the game with comfort and could adopt a safety-first approach that preserves their three-goal advantage. The action begins…

The Lagos Country Club’s crisis deepens as the EFCC invites some of its officers for questioning on festering allegations of financial improprieties against the immediate past president of the Club, Mr Seyi Adewunmi; Engineer Tunji Amosu, vice- president; Dr Tunde Bajela, secretary general; Otunba Abimbola Olaniyi, treasurer; Architect Tokunbo Ashiru, council member, and Osemoje Lato, social secretary of the immediate past Management Council. The crisis which blew open in February last year after some members of the defunct Management Council sought the intervention of the Federal High Court Lagos to remain in office despite the weighty allegations of financial infractions…

As Ogun State approaches another historic political milestone of general elections in 2027, something big is brewing—a trend characterized by convergence, shared aspiration, and a firm resolve to put the state on the path to greatness. ACCORD State Chairman in Ogun State, Hon. Oke Rotimi Michael said, a formidable alliance of political parties has emerged, tagged Ogun 2027 Project. This alliance is committed to fielding and supporting the best qualified gubernatorial candidate who will be able to offer progressive leadership and economic transformation for the Gateway State. And most importantly, that best qualified candidate, is to be from any of…

The Ogun State Government has reiterated its unwavering commitment to provision of portable water across the state, as a way of prioritizing the welfare of the citizens. Speaking during a recent facility tour of water schemes in the Yewa area, the Special Adviser to the Governor on Sustainable Development Goals (SDGs) and Water Resources, Hon. Damilola Otubanjo, emphasized that access to clean, safe water is a basic human right and must not be influenced by zoning politics. “Our focus is on service delivery,” she said. “Water is essential to life, public health, and economic stability. People face significant challenges accessing…

Abuja, Nigeria – April 13, 2025 – The Honourable Minister of Marine and Blue Economy, His Excellency Adegboyega Oyetola (CON), has approved the appointment of Dr. Bolaji Akinola as his Adviser on Media and Communications.Dr. Akinola, a highly respected maritime and corporate communications expert, brings over twenty-five years of extensive experience and deep industry knowledge to his new role.Throughout his distinguished career, Dr. Akinola has built a strong reputation for his insightful analysis of the maritime sector and his expertise in strategic communications. He is the CEO of leading maritime media and public relations organization, Ships & Ports Communication Company,…