The FCT Tax Practitioners Association (FCTTPA) has expressed concern over persistent technical challenges affecting the newly introduced REV360 tax administration platform, warning that the problems are disrupting tax compliance and could undermine government revenue collection. In a statement signed by Ajakpomevi Uziewe, its Chairman, the association called on the Federal Government, the Ministry of Finance and the Nigeria Revenue Service (NRS) to urgently address the issues and extend the June 30 tax filing deadline to August 31, 2026. REV360 was recently introduced to replace the TaxPro Max platform as part of the government’s Tax Administration 3.0 reform agenda aimed at…
Author: Elvis Eromosele
Chicken Republic, Nigeria’s leading quick-service restaurant (QSR) brand and a flagship brand of Food Concepts Plc, has unveiled an improved Smokey Jollof recipe nationwide as part of its strategy to enhance customer experience through continuous menu innovation and quality improvement. The upgraded recipe, now available at all Chicken Republic outlets across the country, is designed to deliver a richer, smokier flavour, greater consistency and an even more satisfying dining experience while preserving the signature taste that has made the meal a customer favourite. The launch reinforces the brand’s promise of serving meals that are “Cooked to Hit Different” and reflects…
The Federal Government has launched the National Poverty Intelligence Lab (NPIL), a new data-driven platform designed to transform how Nigeria understands, measures and responds to poverty. Dr. Bernard Doro, Minister of Humanitarian Affairs and Poverty Reduction, said the initiative will provide the intelligence needed to ensure anti-poverty policies deliver measurable and lasting results. Speaking at the unveiling of the NPIL during a three-day workshop in Abuja, Doro described the platform as a major reform that would strengthen evidence-based policymaking and improve coordination across poverty reduction programmes. The workshop, organised by the Ministry in collaboration with Innovations for Poverty Action (IPA),…
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has endorsed the Nigerian Communications Commission’s (NCC) call for local smartphone manufacturing, describing the initiative as a critical step toward accelerating broadband adoption, expanding digital inclusion and building Nigeria’s digital economy. Engr. Gbenga Adebayo, ALTON Chairman, made the remarks while reacting to recent comments by the Chairman of the NCC Board, Idris Olorunnimbe, who urged stakeholders to promote local smartphone production and introduce innovative financing models to make smart devices more affordable for Nigerians. According to Adebayo, Nigeria must deliberately move beyond being a consumer of imported technology to becoming a…
Ikeja Electric has appointed Mrs. Ogochukwu Onyelucheya as its Acting Chief Executive Officer, effective July 1, 2026, marking a new leadership transition aimed at strengthening operational performance, driving innovation and enhancing customer service. The appointment was announced in a statement issued in Lagos by the company’s Head of Corporate Communications, Kingsley Okotie, and made available through the News Agency of Nigeria (NAN). Onyelucheya succeeds Mrs. Folake Soetan, who has led Nigeria’s largest electricity distribution company since 2020. Announcing the appointment, Chairman of Ikeja Electric, Kola Adesina, described Onyelucheya as an experienced business leader whose appointment will build on the company’s…
Nigeria’s new vehicle market is expected to maintain strong growth in 2026, with sales projected to increase by 7.6 per cent, supported by the full operation of the Dangote Petroleum Refinery, easing inflation and government incentives for electric vehicles (EVs). The projection is contained in BMI’s latest Sub-Saharan Africa Autos Report, which estimates that the country’s new vehicle sales grew by about 20 per cent in 2025 and will continue expanding despite lingering economic challenges. According to BMI, the full ramp-up of the Dangote refinery to its 650,000 barrels-per-day capacity in February 2026 is expected to improve domestic fuel supply,…
The Canadian government has announced a C$5.6 million investment to strengthen Black-owned businesses in Alberta through expanded training, mentorship, business advisory services and improved access to markets under its Black Entrepreneurship Program (BEP). The funding was unveiled at the Black to the Future Summit in Edmonton by Eleanor Olszewski, Minister responsible for Prairies Economic Development Canada (PrairiesCan). The investment will support three Alberta-based initiatives designed to help Black entrepreneurs start, grow and scale sustainable businesses while addressing longstanding barriers such as limited access to financing, mentorship, professional networks and business development services. Announcing the initiative, Olszewski said Black entrepreneurs continue…
Muhammadu Sanusi II, Emir of Kano and former Central Bank of Nigeria (CBN) Governor, has strongly cautioned West African leaders against rushing the adoption of the proposed “ECO” common currency. Speaking at a policy dialogue organised by the National Institute for Legislative and Democratic Studies (NILDS) in Abuja, Sanusi warned that a monetary union cannot succeed without economic convergence, fiscal discipline, and genuine political commitment. Sanusi emphasised that while a common currency could reduce transaction costs and boost regional competitiveness, the Economic Community of West African States (ECOWAS) is currently far from ready. “A currency is only as strong as…
The Federal Government has approved a wage increase of over 150 per cent for Nigerian seafarers, alongside officially launching a new digitised Seafarers’ Discharge Book platform. The developments were unveiled by the Nigerian Maritime Administration and Safety Agency (NIMASA) during the 2026 Day of the Seafarer celebration in Lagos. The initiatives aim to strengthen the country’s maritime workforce, modernise administrative systems, and position local seafarers for global career opportunities. Dr. Dayo Mobereola, NIMASA Director-General, revealed that the National Joint Industrial Council successfully incorporated the International Transport Workers’ Federation (ITF) and International Labour Organisation (ILO) wage scales into the conditions of…
…Finance Minister urges greater taxpayer education as CITN marks National Tax Awareness Day Taiwo Oyedele, Nigeria’s Minister of Finance and Coordinating Minister of the Economy, has said that poor tax compliance, not the need for higher taxes, remains the country’s biggest obstacle to boosting government revenue and accelerating national development. Speaking in Abuja during a courtesy visit by the Taiwo Oyedele,Chartered Institute of Taxation of Nigeria (CITN) to commemorate the 2026 National Tax Awareness Day, Oyedele said many Nigerians still see taxation as a means for government to collect money rather than as a critical tool for national growth. The…