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Oyedele admits errors in old tax regime, promises fix

Minister of State for Finance, Taiwo Oyedele, has acknowledged that Nigeria’s old tax laws contain errors, assuring that corrective measures are already underway to address the identified issues. Oyedele made the disclosure while speaking during a fireside chat at the 2026 annual conference of the Nigerian Bar Association (NBA) Section on Legal Practice, themed “From […]

LIRS sets January 31st deadline for filing tax returns
featured Finance

Again, LIRS extends individual tax filing deadline

The Lagos State Internal Revenue Service has announced a further extension of the deadline for filing of individual annual income tax returns to Tuesday, April 21, 2026. In a press release issued on Friday, the agency expressed appreciation to taxpayers for their continued compliance and commitment to fulfilling their tax obligations. The LIRS noted that […]

EU probes Apple’s termination of Epic Games’ account
Tech

Epic Games deepens Disney ties after 1,000 layoffs

Epic Games, the maker of Fortnite, is doubling down on its partnership with The Walt Disney Company as it seeks to revive growth following a recent downturn in user engagement that prompted the company to lay off about 1,000 employees last month. The company is preparing to launch a new extraction-style shooter in November featuring […]

Business

Domino’s Pizza faces investors backlash over executive pay plan

Domino’s Pizza is facing investors backlash over proposed changes to executive pay. The London-listed company, recently forced to abandon a planned acquisition after a drop in profits, is preparing for a significant protest vote at its upcoming annual general meeting, according to a Sky News report. The firm is seeking approval for a new three-year […]

Anthropic gives Claude AI power to end conversations
Tech

Anthropic temporarily banned OpenClaw creator’s access to Claude

Anthropic temporarily banned an account involving a developer tool briefly, which sparked confusion and online debate on Friday before being quickly reversed, according to posts on X. Peter Steinberger, creator of the developer tool OpenClaw, said early Friday that it would become “harder in the future” to ensure OpenClaw continues to work with models from […]

OpenAI unveils GPT-5 amid rising industry investment
featured Tech

Stalking victim sues OpenAI, alleging ChatGPT enabled abuser’s delusions

A 53-year-old United States Silicon Valley entrepreneur allegedly developed delusional beliefs after months of interacting with ChatGPT, including claims he had discovered a cure for sleep apnea and that powerful individuals were targeting him, according to a lawsuit filed in California Superior Court in San Francisco County. The complaint further alleges that he used the […]

Banking

Zenith Bank posts N63bn loss after N1.10tn boom

Zenith Bank Plc absorbed the impact of a sharp reversal in asset trading gains, which fell from N1.10 trillion in the previous year to a loss of over N63 billion in 2025. The bank’s ability to cushion this steep decline and protect its bottom line defines its earnings performance for the year. In 2024, trading […]

featured

US confirms visa bans on Nigeria’s religious freedom violators

The US principal adviser for global religious freedom, Mark Walker, said the policy has been activated, enabling the State Department to impose visa restrictions on individuals linked to religious freedom violations in Nigeria. In December, Secretary of State Marco Rubio announced the new measures, stating they would target those who “knowingly direct, authorise, fund, support, […]

Hundreds of passengers stranded as Lufthansa pilot diverts Lagos-bound flight
Aviation

Pilots fear retaliation for refusing Middle East flights

Airline pilots worried about flying in the Middle East amid the Iran conflict have told a global pilots’ union that they fear consequences such as pay cuts or even dismissal if they refuse assignments, according to its president, Ron Hay. The head of the International Federation of Air Line Pilots’ Associations said pilots from countries […]

OpenAI employees consider selling $6bn stock
Tech

OpenAI unveils $100 ChatGPT subscription plan amid rising demand

OpenAI has introduced a new $100-per-month subscription tier for ChatGPT, filling a long-standing gap in its pricing structure as demand grows for more advanced usage options. Until now, its pricing structure included a free tier (now ad-supported), an $8-per-month Go plan (also with ads), a $20-per-month Plus plan (ad-free), and a top-end $200-per-month Pro plan, […]