Business
Fendini Group CEO, Prince Laja Adeoye, Honored at 9th City People Real Estate Awards 2024

The Chief Executive Officer of Fendini Group, Prince Laja Adeoye, was recently recognized for his innovative and remarkable contributions and performance to Nigeria’s housing development at the 9th City People Real Estate Awards, 2024 edition.
The event which took place on Sunday, at the ASSO Hall, Maryland in Lagos, had in attendance the la creme of real Estate Industry, including the Pastor Ashimolowo’s Makarios Estate group.
According to Seye Kehinde, the publisher of City People Magazine and convener of the awards, this prestigious recognition honors individuals who have made significant strides in Nigeria’s real estate industry.
Prince Laja Adeoye’s leadership at Fendini Group has been instrumental in developing Rayfield Gardens City Estate, a 400-unit luxury and bespoke housing scheme in partnership with the Oyo State Government, located in Christopher Adebayo Alao Akala GRA Monatan Ibadan, the estate boasts a completed Supermall, duplexes, and ongoing development projects, including an uptown hotel, banking hall, schools, event hall, and hospital.

Upon completion, Rayfield Gardens City Estate promises to be Oyo State’s choicest destination for luxury properties.
Prince Laja Adeoye, while addressing journalists, noted that the Federal Government should create more enabling environment for Real Estate developers, through creation of more infrastructures, easy access to land and title and partnership with building materials manufacturers.

The Federal Government,just as they do for the manufacturing sectors they need to provide funding succour for Real Estate developers as well, because most of the challenges leading to high prices in the real Estate products, has to do with cost of funds, inflation, and regulatory policies.
He dedicated the award to God Almighty, his family, the Oyo State Government led by Governor Seyi Makinde, his team, and loyal subscribers. He encouraged the youth to pursue their passions and never give up, despite daunting challenges.
This recognition solidifies Fendini Group’s position as a leader in Nigeria’s real estate industry, and Prince Laja Adeoye’s commitment to delivering exceptional luxury living experiences.
Business
NRS Chair: New tax laws won’t be implemented until January
According to Adedeji, the Federal Inland Revenue Service, FIRS by the signing of the bills into Law is now the Nigeria Revenue Service (NRS), explaining that the new law now defines the NRS’s expanded mandates…

•President Bola Tinubu shake hands with NRS Chairman, Zach Adedeji.
The Chairman of the Nigeria Revenue Service (formerly FIRS), Zach Adedeji, has disclosed that the implementation of the newly signed four tax fiscal reform laws will commence by January 1st, 2026.
Adedeji told State House correspondents shortly after the President signed the bills into law, the previous day.
Adedeji said that the modalities will be put in place ahead of the implementation.
Adedeji further explained that the six-month period between the enactment of the new fiscal laws is designed to give ample time to those saddled with the implementation to carefully prepare and ensure that all Nigerians are adequately sensitised.
According to Adedeji, the Federal Inland Revenue Service, FIRS by the signing of the bills into Law is now the Nigeria Revenue Service (NRS), explaining that the new law now defines the NRS’s expanded mandate, including non-tax revenue collection, and lays out transparency, accountability, and efficiency mechanisms.
Business
President Tinubu List Economic Expectations from New Tax Laws
On his verified X handle @officialABAT, the President had said that the new tax laws form the groundwork for the Nigeria of tomorrow, focused on unlocking opportunities for all.

President Bola Tinubu said today that the four tax reforms bills he signed into law reflect his administration’s resolve to create a modern, transparent, and efficient tax system capable of supporting national development, promoting investment, and reducing the burden of multiple taxation on citizens.
President Tinubu explained that the laws would be unifying Nigeria’s fragmented tax system, remove redundant overlaps, boost investor confidence, enhance transparency, and promote coordinated efforts across all levels.
He also described the legislation as a clear departure from previous policies, emphasising that the reforms are designed to ease the burden on working families, small businesses, and low-income earners while eliminating inefficiencies that have long plagued Nigeria’s fiscal structure.
On his verified X handle @officialABAT, the President had said that the new tax laws form the groundwork for the Nigeria of tomorrow, focused on unlocking opportunities for all.
“We are also building a framework for the Nigeria of tomorrow-leaner, fairer and laser focused on unlocking opportunities for all,” he said.
He added : ” These reforms go beyond streamlining tax codes. They deliver the first major, pro-people tax cuts in a generation, targeted relief for low-income earners, small businesses, and families working hard to make ends meet.
Designed to overhaul Nigeria’s fiscal and revenue administration framework, the laws which have been described as a major leap in the nation’s economic reform drive.
“For too long, our tax system has been a patchwork-complex, inequitable, and burdensome. It has weighed down the vulnerable and shielded inefficiency. That era ends today.”
Business
Tinubu signs four Tax Reform Bills to law today
The bills were recently passed by the National Assembly following extensive stakeholders consultations and technical reviews.

President Bola Ahmed Tinubu will today (Thursday) sign into law four tax reform bills set to overhaul Nigeria’s fiscal landscape, streamline tax administration, and boost investor confidence.
The ceremonial signing is scheduled to take place at the State House, Abuja.
In a statement , Bayo Onanuga, Special Adviser to the President on Information and Strategy, said that the four bills are : the Nigeria Tax Bill, Nigeria Tax Administration Bill, Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill
The bills were recently passed by the National Assembly following extensive stakeholders consultations and technical reviews.
-
Politics3 days ago
2027 Election: INEC refuses to approve Jegas’ PRP Party (Full list of Applicants)
-
Sports3 days ago
Super Eagles Goalkeeper, Maduka Okoye, to Establish Football Academy in Enugu
-
Business3 days ago
MultiChoice reduces prices for DStv subscribers by 50%
-
Politics3 days ago
PDP Postpone 100th NEC Meeting, Reinstates Anyawu National Secretary
-
News2 days ago
Mokwa flood victims get N1m each, Shop Owners N500k
-
News3 days ago
Lagos Alerts Motorists on 110-Day Ogudu/Ifako Bridge Repairs
-
News3 days ago
JUST IN: No service extension for corper who criticised Tinubu – NYSC
-
Business3 days ago
Nigeria, Brazil rejig strategic alliance to boost trade, clean energy, agric, others at business forum