Business
LIRS Extends Annual Income Tax Return Filing Deadline to April 21
The Lagos State Internal Revenue Service (LIRS) wishes to express its sincere appreciation to esteemed taxpayers for their continued compliance and commitment to the filing of their individual annual income tax returns.
Following the earlier extension granted to April 14, 2026, the Agency has observed a significant increase in traffic on its eTax platform as more taxpayers endeavour to meet the filing deadline.
In view of this development, and to ensure that all taxpayers are provided with adequate opportunity to successfully complete their filings, LIRS hereby announces a further extension of the deadline, now set for April 21, 2026.
This additional extension is granted in consideration of the overwhelming response and to enhance taxpayer convenience, while maintaining the integrity and accuracy of submissions.
Taxpayers are reminded that the filing of annual income tax returns remains a statutory obligation and are encouraged to take advantage of this final extension to fulfil their civic responsibility.
The Executive Chairman of LIRS, Dr. Ayodele Subair, on Friday reiterated that all filings must be completed electronically via the LIRS eTax platform: https://etax.lirs.net, which remains the only approved channel for submission.
For further enquiries or assistance, taxpayers may visit any LIRS office or contact the Agency through its official communication channels.
The post LIRS Extends Annual Income Tax Return Filing Deadline to April 21 appeared first on Business Today NG.
The Federal Competition and Consumer Protection Commission (FCCPC) has denied reports that it secured presidential approval to restructure Nigeria’s airtime credit market and allow new operators to join the sector.
In a statement issued on Saturday, Ondaje Ijagwu, the commission’s spokesperson, disclosed that the agency played no part in the development as alleged.
“The commission wishes to state clearly that it is not aware of, and was not involved in the claims attributed to it in the report.”
FCCP’s reaction comes on the heels of claims that President Bola Tinubu has given the go-ahead to plans to open the market to nine Nigerian fintech firms as part of the administration’s Nigeria First policy.
The reports said the push would expand participation in a sector largely dominated by telecommunications operators and their partners, and could play a big role in reducing capital flight.
The reports also estimated that the market is worth about ₦3 trillion annually.
The FCCPC, however, did not comment on the estimated market size or the companies mentioned in the reports.
The commission also reiterated that the implementation of the DEON Consumer Lending Regulations 2025 remains suspended.
ALSO READ: FCCPC seals Ochacho Real Estate, TI’Bilon Construction offices
According to the FCCPC, the suspension followed an interim injunction granted by the Federal High Court in Lagos on 15 April in a suit filed by the Wireless Application Service Providers Association of Nigeria (WASPAN).
Mr Ijagwu said the commission remains bound by the court order pending the determination of the suit.
“As a law-abiding public institution, FCCPC remains bound by the court order to suspend enforcement of the regulation pending the determination of the substantive case by the court, which has been fixed for July 20, 2026, for further hearing,” he said.
He emphasised that the commission would steadfastly follow all lawful procedures related to the matter while fully complying with the court’s directives.
BY NKECHI NAECHE-ESEZOBOR—West Africa’s leading insurance and technology conference, Insurance Meets Tech (IMT), will return for its fifth anniversary edition on Thursday, 18th September 2026, at the Balmoral Convention Centre, Sheraton Hotel in Ikeja, Lagos.
Created by the strategic communications agency Creato Urban, the flagship event has evolved since its 2021 debut into a critical cross-industry platform designed to accelerate digital transformation, boost customer acquisition, and foster collaboration across the regional insurance landscape.
This year’s milestone event, themed “Building Insurance That Connects,” marks a fundamental shift in the industry’s digital evolution.
Rather than debating the theoretical benefits of technology, IMT 5.0 will focus strictly on the practical embedding of cutting-edge solutions into everyday insurance products, regulatory processes, and customer experiences. Convener Odion Aleobua emphasized that the conference comes at a critical juncture for a newly reformed and recapitalized insurance sector.
The core objective of IMT 5.0 is to bridge the existing gaps between technological innovation and consumer trust, ensuring that ambitious digital ideas translate into tangible impact and genuine financial inclusion for the people they are designed to serve.
To address these pressing integration challenges, the convention will bring together an interconnected ecosystem of founders, CEOs, domain experts, policymakers, and customers.
Attendees can expect a high-impact agenda featuring keynote presentations, technology showcases, and panel discussions dedicated to the forces reshaping African insurance.
The dialogue will directly confront the realities of deployment—moving from isolated concepts to collaborative, market-ready solutions driven by artificial intelligence, digitization, and customer-centric product design to define the future of the continent’s insurance landscape.
The post IMT 5;0 Set for September 2026 in Lagos appeared first on Business Today NG.
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