Author: Citynews

The Senate on Thursday passed for second reading, a bill sponsored by *Senator Mukhail Adetokunbo Abiru, FCA (Lagos East)*, titled, “The Factoring, Assignments and Receivables Financing Bill, 2024”, which seeks to create legal framework for protection of interests of creditors and debtors in order to promote the availability of capital and credit, and to facilitate domestic and international trade and for related matters.Senator Abiru, who is the Chairman, Senate Committee on Banking, Insurance and other Financial Institutions, in his lead debate explained that the bill seeks to create an avenue where interest of contractual rights to payment of a monetary…

The Ogun State Independent Electoral Commission (OGSIEC) has screened and cleared Hon. Lanre Oyegbola-Sodipo, the All Progressives Congress (APC)  candidate for the chairmanship of Abeokuta North Local Government in the upcoming local government election scheduled for November 16, 2024 across the 20 local council areas of the state. Also screened and cleared alongside Hon. Oyegbola-Sodipo was Hon. Taiyelolu Egbeyemi as the APC candidate for the vice chairmanship position for Abeokuta North LGA. The list also consisted the names of 16 candidates of the APC who were screened and considered eligible to contest for the councillorship positions from across the 16 wards…

In commemoration of the 2024 Customer Service Week, an annual celebration by businesses to appreciate customers’ loyalty and patronage, the MoneyMaster Payment Service Bank team on Friday visited the leaders of Owode Onirin iron and steel market in Lagos. The team used the opportunity to educate traders and visitors on financial literacy and savings. Various banking channels and services were also introduced to them, while new account holders and transaction were rewarded with airtime and gifts. Head of Agency Business, MoneyMaster PSB, Julius Arhebun who spoke on Customer Service Week said: “As a customer-centric financial services brand, MoneyMaster is committed to delivering exceptional services,…

The Chairman of the Federal Inland Revenue Service, Zaccheus Adedeji, on Wednesday, explained the need for the change of the FIRS to the Nigeria Revenue Service.Mr Adedeji, while appearing before the House of Representatives Committee on Finance, explained that the current name does not reflect the true function of the agency, and limits its power to carry out functions.It would be recalled that President Bola Tinubu sent four bills on tax reform to the National Assembly for passage.One of the bills, the Nigeria Revenue Service Act repeals the FIRS Act, and also makes a name change.The other bills are the…

By Ochonu Ochonu The Accountant General of the Federation (AGF) stands as the guardian of Nigeria’s treasury, a position established by Decree 43 of 1988. This esteemed office is reserved for exceptional individuals, handpicked by the President and entrusted with a four-year tenure. Chief Dr. Mrs. Oluwatoyin Madein is one such outstanding leader, whose appointment attests to her remarkable abilities.Born in Iperu in Ikenne Local Government Area on the 7th day of March 1965, the distinguished goal-getter obtained a Higher National Diploma in Accountancy in 1988 from the Ogun State Polytechnic (presently Moshood Abiola Polytechnic) Abeokuta. In a bid to…

Adron Homes and Properties, Nigeria’s leading real estate company, has officially launched its highly anticipated 2024 Lemon Friday Promo, marking the ninth consecutive year of this revolutionary campaign. The promotional offer, which has transformed the lives of countless Nigerians, promises even greater opportunities for aspiring homeowners with a suite of exciting benefits and incentives. At the official unveiling event held at Adron Homes’ headquarters in Lagos, Mrs. Adenike Ajobo, the Managing Director of the company, expressed her delight in launching this year’s Lemon Friday Promo. She highlighted how the promo has consistently created opportunities for many Nigerians to become proud…

By Toby Prince Nigeria’s vast maritime frontier stretches an impressive 84,000 nautical miles, rivalling a third of its landmass. With over 3,000 lakes and rivers, this complex terrain demands bold leadership. President Bola Ahmed Tinubu recognised this challenge, appointing Vice Admiral Emmanuel Ikechukwu Ogalla as Chief of Naval Staff in June 2023. A seasoned navigator, Ogalla embodies the determination, discipline, and vision needed to harness Nigeria’s maritime potential.Ogalla took over office on June 23, 2023, with a bold vision to transform Nigeria’s maritime security and blue economy. His comprehensive strategy, the Total Spectrum Maritime Strategy (TSMS), tackles maritime crimes and…

By Ibrahim Musa Rt. Hon. Olufemi Gbajabiamila’s loyalty finds its perfect echo in a timeless biblical truth: a man cannot serve two masters. This dedication, driven by principle rather than personal gain, stands as a testament to his strong character. Inspired by the unyielding devotion of biblical figures, Gbajabiamila’s commitment shines brightly. His steadfast resolve and faithfulness make him a pillar of reliability.In a world where loyalty is often tested, Gbajabiamila’s exemplary service sets a shining standard. Guided by faith and conviction, his selfless dedication inspires hope. The real Rt. Hon. Gbaja, as he is fondly called by close associates,…

The Onibudo of Ayetoro-Budo Ota, in Ado-Odo Ota local government of Ogun state, Oba Adewunmi Adeniji Odutala has congratulated the Ooni of Ife, His Imperial Majesty, Oba Adeyeye Ogunwusi on his celebration of 50th birthday. Oba Odutala said the 50th birthday celebration of the Ooni of Ife is a significant event that resonates deeply within the hearts of many. According to Oba Odutala, Ooni as one of the most revered traditional rulers in Nigeria, has played a crucial role in promoting culture, unity, and progress in the Yoruba land and beyond. He added that, the Ooni has been a beacon…

In celebration of World Food Day 2024, Origin Tech Group has partnered with the Lagos State Ministry of Agriculture to drive awareness and inspire action toward food security and sustainable agriculture. Themed “Right to Food for a Better Life and a Better Future,” this year’s event highlighted the urgent need for innovative solutions to combat food insecurity through local initiatives, sustainable farming, and community engagement. The Lagos State Ministry of Agriculture and Food Systems, under the leadership of the Honourable Commissioner Abisola Olusanya, organized a week-long activity in collaboration with key stakeholders to emphasize the role of sustainable practices in…