The Lagos State Internal Revenue Service (LIRS) has concluded plans to launch the Lagos Revenue Portal (LRP), aimed at managing bills’ payment by individuals and corporate bodies in the state reports thegazellenews.com. According to the Special Adviser to the Governor Babajide Sanwo-Olu on Taxation and Revenue Generation, Abdul Kadir Opeyemi Ogungbo, the portal will provide a seamless means of managing all bill payments in the state. Speaking at a media parley on the issue at the LIRS headquarters, Alausa on Thursday, 8 August, 2024, Ogungbo stated that the portal is expected to be launched by the state Governor, Babajide Sanwo-Olu,…
Author: The Gazelle News
Zenith Bank Plc is offering its ongoing hybrid rights and public offers at the bank’s lowest price range, locking in about 32 per cent gain in potential immediate return for existing shareholders and new investors. Nigeria’s largest bank by profit, Zenith Bank is offering a rights issue of 5.233 billion ordinary shares of 50 kobo each at N36 per share. The shares were pre-allotted to existing shareholders on the basis of one new ordinary share for every six existing ordinary shares held as at the close of business on Wednesday, July 24, 2024. The bank is also simultaneously offering 2.767…
By Ifeatu Agbu The inspiring stories of Bill Gates’ Microsoft and Mark Zuckerberg’s Facebook readily serve as reference points for the youths in nurturing their entrepreneurial dreams and positioning them to win big on innovations. Often, however, there is a challenge with providing the platform for them to hone their innate talents. To bridge this gap and provide the stage for the youths to showcase their talents, the Niger Delta Development Commission, NDDC, has continued to come up with strategic youth development programmes, recognising that youth unemployment is one of the pressing issues facing the Niger Delta region. It is…
Further to the Extraordinary General Meeting (EGM) held on 30 April 2024, MTN Nigeria Communications Plc has notified the Nigerian Exchange Limited and the investing public that the Company and IHS have successfully renegotiated binding commercial terms of the existing infrastructure sharing and master lease agreements. This was one of the initiatives outlined at the EGM to support the recovery of the company’s capital position. “The terms of the amendments are effective from 1 April 2024, and the existing contracts have been extended to 31 December 2032. Prior to the renegotiation, the site leases expired variously between December 2024 and December 2029,…
By Rt Hon Eseme Eyiboh Section 88 of the 1999 Nigerian Constitution as amended, empowers the Legislature to conduct investigations into the matters which it has the power to make Laws on, and the conduct of any person or Ministry charged with certain responsibilities. Known as Oversight, it is a legislative creature created by the constitution to re-tool the role of checks and balances in a democracy. Through this means, the Legislature is able to review and evaluate projects and programmes implemented by the Executive and Judiciary arms of government in accordance with the appropriated revenue to enhance accountability. However,…
MTN Foundation, in partnership with the Musical Society of Nigeria (MUSON), has announced applications for the MTN MUSON School of Music Scholarship. Now in its 18th year, the scholarship supports and nurtures the next generation of Nigerian musicians. The programme offers a fully funded two-year diploma course in music, providing a unique opportunity for talented individuals to receive world-class training and mentorship from MUSON’s esteemed faculty. The MTN MUSON Scholars Programme prioritises both vocal and instrumental music, ensuring that students receive specialised training tailored to their chosen field. Vocal majors will benefit from intensive training, developing their techniques, range, and…
The Ogun State Governor, Prince Dapo Abiodun, on Tuesday, 6 August, 2024, said the establishment of farm labs (settlements) across the country is the only panacea to ensure food sufficiency for the people. The Governor stated that with the current situation in the country, it is time for Nigerians to embrace agriculture and form the habit of eating what they grow and growing what they eat. Prince Abiodun spoke during a visit to the Soilless Farm Lab, located at Awowo in the Ewekoro Local Government Area of the state. While relating the Farm Lab to a similar initiative he saw…
Former Vice President Atiku Abubakar this evening tweeted the absurd, warning security agencies against using lethal force against looters and arsonists who masqueraded as protesters. As a statesman, his warning ought to have been issued to the looting mob in Kaduna, Kano, Plateau, Jigawa states, who hijacked what was advertised by organisers as a peaceful protest. Our security forces have remained professional and even-handed and observed every restraint in the face of extreme provocation by the rioters. We are surprised that Alhaji Atiku is still relying on Section 40 of our constitution (as amended) to justify a protest that is…
First Bank has sacked over 100 employees, a direct fallout of a N40 billion fraud perpetrated by a manager of the bank, Tijani Muiz Adeyinka, reports thegazellenews.com This medium also learnt that First Bank did not sacked the affected staff, the bank also froze their accounts. They were precisely relieved of their jobs in July 2024 on account of the fraud. Adeyinka who is currently at large, used his authorisation to approve chargebacks to accounts he controlled. According to TechCabal, about 120 employees, including full-time and contract staff of First Bank’s large operations department, were given termination letters in July.…
By Dave Agboola Ah, the sweet taste of anarchy! Who needs order and stability when we can have protesters running wild in the streets, destroying private property and causing chaos? It’s not like we haven’t seen this movie before – remember the good old days of post-June 12 annulment when people were maimed, women were spared no one, and people were killed? Ah, those were the days! And who can blame the protesters? I mean, it’s not like they’re asking for ridiculous things like the return of fuel subsidy, release of EndSARS protesters (some of whom looted people’s businesses and…