News
Peter Obi Speaks on Life, Entrepreneurship & Politics at Wesley, Lekki

As part of efforts to bridge the yawning mentorship gap in our society, Wesley Chapel, Lekki, has announced Mr. Peter Obi, former governor of Anambra State and chairman, Security and Exchange Commission, Nigeria, as the guest speaker for the February 2016 edition of its quarterly ‘Words of Wisdom‘ (WoW) life changing series.
The event, which will hold on Saturday, February 13, 2016, at Wesley Chapel’s premises, is expected to bring young professionals, entrepreneurs and undergraduates together to listen to Mr. Obi as he shares his life, entrepreneurial and political experiences over the years.
A successful entrepreneur before joining politics, Mr. Peter Obi was Chairman of Next International Nigeria Ltd, Chairman and Director of defunct Guardian Express Mortgage Bank Ltd, Guardian Express Bank Plc, and Future View Securities Ltd. He was also a director on the board of Paymaster Nigeria Ltd, Chams Nigeria Ltd, Data Corp Ltd and Card Centre Ltd. He was also the Chairman of Fidelity Bank Plc.
Previous editions of WoW had eminent personalities such as Ben Akabueze, former Commissioner for Economic and Budget Planning, Lagos State, Tunde Lemo, former Deputy Governor, Central Bank of Nigeria, Sir Remi Omotosho, Chairman, Standard Chartered Bank and Sir Anthony Adegbite, Knight of John Wesley, Methodist Church Nigeria, as guest speakers.
Taking inspiration from the book of Proverbs and the story of Solomon in the Holy Bible, the Words of Wisdom programme enlists eminent citizens to share their personal and career experiences over the years with the younger generation with the aim of inspiring them to achieve greatness in life.
Sir Demola Aladekomo, chairman, SmartCity Resorts Plc and Convener of the Words of Wisdom series said, “The programme provides a platform for young people to learn from the life experiences of senior executives, administrators, and entrepreneurs, thereby ensuring that they make the right choices in life. It equally provides a platform for the business leaders to encourage the next generation of leaders to take up the gauntlet and venture into business, remain relevant and surmount the challenges that lies ahead in life“.
“More importantly,” he said, “our guest speaker will use the platform to communicate the need for the young ones to put their trust in God and not to compromise their faith whenever they find themselves in difficulty“.
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.
General News3 days agoPalmPay User Shares Experience on Fintech Apps to Trust in Nigeria
News3 days agoStakeholders Demand Stronger Governance and Infrastructure to Drive Tech Adoption @ Lagos AI Summit
General News3 days agoNigerians Target Self-Improvement, Business Startups in 2026 Google Data
News3 days ago35 Million Nigerians Face Acute Hunger in 2026, UN Warns
General News3 days agoHow Inside Jobs and Policy Shocks Trigger Nigeria’s Rising Loan Crisis
E-Financial19 hours agoFirst Asset Management Receives Upgraded Ratings from Agusto &Co and DataPro
News19 hours agoAnambra Cuts Monday Pay to Kill Sit-at-Home
General News19 hours agoNigeria Treats Religious Violence as Attack on State – NSA Ribadu











