News
Edo Seals Market Square Over Unpaid Taxes

The Edo State Internal Revenue Service has sealed the premises of Market Square over alleged N27m million naira unpaid taxes.
In a statement on Friday, Edo EIRS Head, Corporate Communications, Courage Eboigbe, said the outstanding sum was as a result of an audit conducted by the EIRS on Market Square, covering the period from 2018 to 2023 for Pay-As-You-Earn (PAYE) and Withholding Tax liabilities.
The statement read: “The Edo State Internal Revenue Service on Friday, September 19, 2025, sealed the premises of Market Square (Sunday Foods) for non-payment of taxes amounting to N27,005,117.97.
READ ALSO:FULL LIST: Ballon d’Or Unveils 2025 Women Nominees
“The outstanding sum is the result of an audit exercise conducted by the EIRS on Market Square, covering the period from 2018 to 2023 for Pay-As-You-Earn and Withholding Tax liabilities.
“The audit findings and subsequent tax assessment were communicated to the company. As Market Square did not object to this assessment, it became final and conclusive.
“Following the company’s refusal to settle its debt, the revenue service has now, pursuant to a court order, sealed the premises to recover the outstanding tax due to the Edo State Government.
READ ALSO:Edo Agency Rescues 27-year-old Uwoghiren Poisoned In Burkina Faso
“The EIRS is prepared to unseal the premises immediately upon confirmation of full payment.’
Eboigbe, who said payment of taxes is a fundamental civic responsibility for all individuals and organizations engaged in economic activities in Edo State, stated that tax revenue is essential for the government to provide critical infrastructure and services for the public.
While noting that tax compliance significantly enhances business operations and upholds a positive corporate image, he said that EIRS commends all compliant taxpayers and urged others to meet their tax obligations promptly.
News
Transfer: Premier League Clubs Scramble For Dele-Bashiru
Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.
Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.
READ ALSO:Film Premiere: Edo In Talks With Embassies To Promote Safe Migration —Agazuma
La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.
The 24-year-old has two years left on his contract with the Serie A club.
The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.
He has been a regular feature for Lazio this season.
News
Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses
The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.
DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.
A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.
READ ALSO:Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria
“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.
“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.
“This contradiction will no longer be tolerated,” the statement said.
News
N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs
First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.
The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.
At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.
Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.
READ ALSO:I’ve Been Blacklisted In Music Industry For 13 Years – Seun Kuti
Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.
“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.
“Women-led enterprises are critical to economic activity, yet they face structural barriers.
This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”
“Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).
READ ALSO:My Beef With Wizkid Is For Life – Seun Kuti
“By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”
Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.
Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.
Applications for the zero-interest loan are now open.Apply now.
-
Politics4 days ago
2027: Tinubu’s Re-election May Put An End To Nigeria — Baba Ahmed Warns
-
Business4 days ago
JUST IN: Nigerian Filling Stations Reduce Fuel Price After Hike
-
Entertainment5 days ago
Actress Eniola Badmus Gets New Federal Appointment
-
News2 days ago
BREAKING: Wike Picks Alabo George For Rivers Governorship
-
News4 days ago
2027: Pastor Adeboye Speaks On Nigeria’s Next President
-
Politics4 days ago
NDC Speaks On Peter Obi, Kwankwaso Joining Party
-
News3 days ago
OPINION: Why South Africans Murder Nigerians In Cold Blood
-
Politics2 days ago
JUST IN: Why I left ADC For NDC With Kwankwaso – Peter Obi Opens Up
-
Politics5 days ago
2027: Pondi, Otuaro, Other Delta South Stakeholders, Endorse Senator Joel-Onowakpo For Second Term
-
Business2 days ago
Why We Sited Our Multi-Billion Naira Automobile Firm Branch in Benin – Skyewise Group CEO