News
Lagos Leather Fair Launches Award to Recognize Excellence and Innovation in Africa

To recognise excellence and innovation in the leather industry in Africa, the Lagos Leather Fair, a platform created to showcase leather designers and the potential value of the leather industry in Nigeria and Africa, has announced the launch of its maiden award. The event is part of the activities lined up for its 2023 edition of the annual Fair.

First in Africa, the Award ceremony which falls in line with the Lagos Leather Fair 2023 theme “Staying Ahead – Creativity | Collaboration | Commitment” comes in a timely fashion as the African Leather Industry is continuously expanding and beginning to gain its much-needed recognition in the global market.
LLF is inspired to celebrate the booming leather industry and outstanding Leather designers that have made significant contributions to the industry, showcasing excellence, innovation, and impact.
Speaking on the announcement of LLF2023, the founder, Lagos Leather Fair Femi Olayebi said, “The LLF is committed to promoting the growth of the leather industry in Nigeria. The launch of the LLF Awards is a testament to the LLF’s commitment to excellence in the leather industry.
“We are confident that the awards will help to raise the profile of the leather industry in Nigeria and encourage even greater innovation and creativity until the Nigerian and African Leather industry become undeniably the best in the global market.”
For about six years, the Lagos Leather Fair has continuously made significant impact on the Nigerian leather industry with a huge influence in the Nigerian, African, and global markets. The LLF award is set up as a necessary medium to reward the diligence and dedication of the numerous exhibitors in making the years count.
It is created to bring the Nigerian Leather Industry into its much overdue limelight, therefore, making a positive impact on the Nigerian Leather Industry and the African Leather Industry in general.
The maiden award ceremony will feature categories such as the LLF Trailblazer Award which honours leather designers that have made significant contributions to the leather industry through ground-breaking, and innovative ideas; LLF Most Innovative Designer Award for designers that have showcased exceptional creativity and innovation within the leather industry; LLF Brand Excellence Award acknowledges brands that have demonstrated excellence in their products, services and overall brand experience within the leather space.
To recognise creativity in booth set up, the best curated LLF stand during the event will be awarded Best Curated LLF 2023 Stand.
The LLF awards are dedicated to honouring and recognising the exceptional talents within the LLF community.
Lagos Leather Fair is committed to providing a solution-based platform for leather designers and other players in Nigeria and across Africa. This year’s edition is happening on June 17th and 18th at the Balmoral Convention Centre, Victoria Island, and will feature other exciting activities such as masterclasses, social media and marketing presentations using a case study review of different brands as well as workshops for upcoming designers.
News
LIRS to Invoke NTAA to Recover Unpaid Taxes from Bank Accounts, Others

Lagos Internal Revenue Service (LIRS) pursuant to Section 60 of the Nigeria Tax Administration Act (NTAA), plans to ask Nigerian banks to debit bank accounts of employers who failed to remit tax liability.

This was disclosed in a recent notice on Sunday.
LIRS stressed that the move was in line with the implementation of the country’s NTAA and other new tax laws, which took effect on January 1, 2026.
“Where a taxpayer fails, neglects, or refuses to settle any established outstanding tax liability when due, LIRS may exercise its power under Section 60 to direct any of the following persons to pay the amount owed by the taxpayer:
“Banks and other financial institutions; Employers; tenants, debtors, or customers of the taxpayer; Agents, business partners, and any person holding money on behalf of the taxpayer; Any person owing money to the taxpayer, whether presently due or accruing. Once a substitution notice is issued, the person served is statutorily required to remit to LIRS the amount. Specified in the notice from funds belonging to, or payable to, the defaulting taxpayer,” the LIRS notice partly read.
Meanwhile, Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, weeks ago ruled out claims that the government would debit personal accounts over tax remittances.
News
Anambra Cuts Monday Pay to Kill Sit-at-Home

Anambra State will implement pro-rata salary payments for civil servants starting February 2026, targeting chronic Monday absenteeism from the long-running sit-at-home order, Information Commissioner Dr. Law Mefor announced Saturday.

Soludo
Speaking at an Awka briefing after the Executive Council’s end-of-tenure retreat, Mefor said improved security and transport have eliminated excuses for the four-year disruption, which cost the state trillions in lost revenue. “Workers enjoyed full pay despite staying away; now, no work means no pay for that day, calculated over 24 working days,” he stated.
Compliance measures include mandatory Monday clock-in forms, with markets urged to reopen fully amid bolstered security. This builds on a January 22 executive order docking 20% pay from teachers absent on Mondays.
Mefor warned that lost Mondays cripple revenue collection and productivity, rejecting alternatives like Saturday shifts as capitulation to agitators.
News
Stakeholders Demand Stronger Governance and Infrastructure to Drive Tech Adoption @ Lagos AI Summit

As AI adoption accelerates across Nigeria, leaders at the “AI in Action Now” conference 2026 have called for a balance between rapid innovation and strict regulatory governance. The event, held at the Lagos Oriental Hotel, highlighted both the doggedness of Nigerian builders and the risks of unregulated data usage.

Dotun Adeoye, Co-Founder of AI Nigeria, raised alarms over “Shadow AI”, a trend where employees upload sensitive official documents to public AI platforms. He praised the Nigerian Data Protection Commission (NDPC) for its recent aggressive stance, including multi-million-dollar fines against major banks and social media brands.
“Innovation without governance is dangerous. The regulator now has the job of educating players. We are working in partnership with them to ensure players don’t just get fined, but actually understand how to protect data locally rather than storing it abroad, ” Adeoye noted.
Addressing issues of lack of infrastructure to carry AI adoption, Conference Convener Debola Ibiyode admitted that while Nigeria lacks the traditional foundation for AI adoption, the tech community cannot afford to wait.

“The simple answer is we don’t have the infrastructure, but Nigeria has never really had infrastructure to drive anything, and we still thrive, ” Iboyode said, encouraging students and builders to look beyond current limitations. “Once we start to build based on what we have now, it will encourage those who need to provide the infrastructure to do their part. The world will not wait for us,” she insisted.
To bridge this gap, she highlighted the AI Foundry Africa, an incubator designed to mentor ideas into market-ready products.
Meanwhile, speaking to journalists on the sidelines, Biodun Ogunleye, the Lagos State Commissioner of Energy and Mineral Resources, echoed the sentiment that the government’s role is to facilitate the right environment through partnership. He emphasized that data generated from interactions with the government must have long-term value.
“We must ensure that in all facets from production to interaction with government, the tools required to ensure data has value are appreciated,” Ogunleye stated.
He concluded that through private-sector collaboration, the government can focus on its primary functions while leveraging AI to ensure the nation aspires for the future.
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