FIRS extends due date for companies on Income Tax Returns FIRS extends due date for companies on Income Tax Returns

The filing of Companies Income Tax Returns for the 2022 Year of Assessment, due on 30th June 2022, has been extended to 31st August 2022, for companies who were unable to meet up with the deadline as at the end of June, 2022. The extension of this deadline is contained in a Press Release issued by the Federal Inland Revenue Service (FIRS), and signed by the tax authority’s Executive Chairman, Muhammad Nami, where it noted that it had taken this decision after receiving “numerous calls from companies for the extension…

Read More

LIRS optimised payment procedure on eTax for taxpayers

The Lagos State Internal Revenue Service (LIRS) is currently optimizing its payment procedures for utmost efficiency and taxpayers’ convenience. The Executive Chairman of the Lagos State Internal Revenue Service, Mr Ayodele Subair, in a statement issued on Sunday, said the Agency, as part of its digitalization process, is discontinuing all previously used bill references effective from August 1st, 2022. Consequently, according to the Chairman, only the Enterprise Tax Solutions (eTax), generated bill references will be acceptable for tax payments. The eTax platform, (https://etax.lirs.net) which went live in October 2019, was…

Read More

Mitchell Elegbe receives Fintech Ecosystem Leadership Award

Photo Caption: L-R- Chief Strategy Officer, Interswitch Group, Ndifreke Nkose (representing the Founder/Group Managing Director, Interswitch Group, Mitchell Elegbe), receiving the Fintech Ecosystem Leadership Award from Wole Oyeniran, Partner, Enterprise Technology & Performance Consulting (West Africa), Deloitte, at the Platinum Fintech Awards organised by the Fintech Association of Nigeria, in Lagos last Saturday. The Founder and Group Managing Director (GMD) of Africa’s leading integrated payments and digital commerce company, Interswitch Group, Mitchell Elegbe, has received The Ecosystem Leadership Award at the 2022 edition of the FintechNGR Platinum Fintech Awards which…

Read More

National Assembly to convene stakeholders’ meeting over unresolved AMCON debts

Photo Caption: Chairman House of Representatives Committee on Banking and Currency, Hon. Victor Nwokolo (standing 12th from left), and the Group Head, Asset Management Directorate of AMCON Mr Matthew Coker (standing 9th from right) with other members of the National Assembly and senior staff of AMCON at the just concluded retreat in Lagos. Federal House of Representatives Committee Chairman on Banking and Currency, Hon. Victor Nwokolo at the weekend in Lagos disclosed that the that the National Assembly would as a matter of urgency summon the leadership of the various…

Read More

Organisers of Aviation and Cargo Conference, Chinet, congratulate Babajide Olatunde-Agbeja, sets September date for 2nd Edition

Organisers of the First ever Aviation and Cargo Conference in Nigeria, CHINET have Congratulated Chief Babajide Olatunde-Agbeja of BOFF & Co Insurance Brokers on his Election as the New President of the African insurances Brokers Association AIBA. Chief Olatunde-Agbeja the Partner for the Aviation and Cargo Conference is a thorough Bred Insurance Guru of Many Years and an experienced Aviation Insurance Expert. This is as the organisers announced that the second edition of the event will hold on the 7th and 8th of September 2022 in Lagos. This year’s event…

Read More

Ethiopian Airlines opens new Hotel inside Airport Terminal, launches 5 new destinations in Europe, Middle East, Asia

Athens in Greece,Chennai in India, Damman in Saudi Arabia, Jakarta in Indonesia and Bahrain will all join the 127 strong Ethiopian Airlines International Destinations. Starting from the 1st of July 2022. These new Destinations join the Double Daily flights to Mumbai, India and 10 weekly Flights to Delhi, India. Recently Ethiopian Airlines started another Flight to Washington DC from Lome, Togo offering more Options to it’s Nigerian Passengers. Ethiopian Airlines flies from 4 Airports in Nigeria,Lagos,Abuja,Kano and Enugu. This comes as the Airline has Opened a 5 Star Terminal Hotel…

Read More

Travelogue: Globe Trotting with Smile Esim advantage

Two hours after getting my much coveted and prized job in a frontline conglomerate with global reach as a Marketing and Sales Director responsible for Africa and Middle East (AME) early in September 2021, I sat down to reflect more on the opportunities than the challenges that come with my plum position. Yes, the job comes with many perks, but frequent travels are ingrained, and I am a sucker for trips. I spent a seeming eternity contemplating how best to maximize the ample number of trips to far-flung countries I…

Read More