The Federal Government says from January 1, 2026, Nigerians without a Tax ID cannot operate bank, pension, insurance, or investment accounts in Nigeria.
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Do you need a tax ID to open a bank account in Nigeria? Here’s the truth
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FG orders immediate release of ₦250bn loan to farmers, targets food security
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Highlights from Nigeria’s Q4 trade data as exports rise above imports
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Lab-grown diamonds robbing southern Africa of riches
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Naira gains N37, experts warn dollar hoarders of big losses
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Microsoft raises Xbox prices globally, following Sony
Microsoft announced Thursday that it will increase Xbox console prices worldwide, citing "market conditions" just days after Sony made a similar move with its PlayStation 5. In mid-April, Sony announced price increases for several PlayStation 5 models in select markets, including Europe but notably excluding the United States.
Nestlé Nigeria grows revenue by 61% to reverse N142 billion loss
Nestle Nigeria has been reputed to be one of the biggest FMCG in the country, but major FX losses in 2023 and 2024 hit the bottomline, causing investors to worry.
Dangote to convert 6,000 diesel-powered trucks to CNG, as FG trains 5,000 CNG technicians
The federal government is on the move to increase the number of CNG-powered automobiles in Nigeria, and more conversion stations are being set up.
CBEX opens up about what happened to investors funds, mentions withdrawal date
CBEX has finally explained what happened to investors' funds and provided a new date investors can withdraw 50% of their funds. But, there are conditions to be met.
Tesla sales plunge further in France, down 59% in April
Sales of Tesla cars in France plunged 59 percent in April, piling on more bad news for the electric vehicle company run by Elon Musk, the billionaire advisor to US President Donald Trump.
US reaching out to China for tariff talks: Beijing state media
United States officials have reached out to their Chinese counterparts for talks on vast tariffs that have hammered markets and global supply chains, a Beijing-backed outlet said on Thursday citing sources.
Nuclear power sparks Australian election battle
Rich in solar and wind power, and bulging in critical minerals for renewable energy technology, Australia touts itself as a leader in the race to net zero carbon emissions. The row is reminiscent of the "climate wars" -- a years-long political face-off over the need to slash carbon emissions -- that Prime Minister Anthony Albanese vowed to end when he took power three years ago.
Tokyo stocks rise as BoJ holds rates steady
Japanese stocks rose Thursday as the central bank kept its key interest rates steady as expected, in thin trade with most Asian markets shut for the May 1 holiday. Several markets were shut in Asia for holidays on Thursday, including in Hong Kong and mainland China.
Bank of Japan holds rates, lowers growth forecasts
The Bank of Japan on Thursday left its key interest rate unchanged but revised down its growth forecasts, warning that US trade tariffs are fuelling economic uncertainty. Bank officials began lifting borrowing costs last year after nearly two decades of ultra-loose monetary policies aimed at kickstarting torpid economic growth in Japan.
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