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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Lab-grown diamonds robbing southern Africa of riches
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Trump concerned S. Korean arrests could 'frighten' investors
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Naira gains N37, experts warn dollar hoarders of big losses
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Tesla's EU sales plunge as Musk takes flak
Tesla electric car sales in Europe plunged in the first three months of the year, industry data showed Thursday, in a fresh blow to its boss Elon Musk who has been criticised for his work in US President Donald Trump's administration. Musk promptly announced he would scale back his work for the Trump administration in May to focus on Tesla.
Asian markets mostly up as Trump soothes Fed fears
Asian markets were mixed on Thursday after President Donald Trump said he had "no intention" of firing the US central bank head and made conciliatory comments on his trade war with China. "But the fact that the rally was sparked largely by conciliatory remarks from US President Trump -- whose rhetoric is notoriously volatile -- raises questions about its durability," de Barochez said.
Australia to stockpile critical minerals in strategic reserve
Australia will stockpile critical minerals in a new strategic reserve, Prime Minister Anthony Albanese said Thursday, as nations scramble to source rare earths and coveted metals outside China.
S. Korea's economy shrinks in first quarter as trade war hits exports
South Korea's economy unexpectedly contracted 0.1 percent in the first three months of this year, the country's central bank said Thursday, as the Asian export giant reels from months of political chaos and heightened trade tensions.
Chinese business in Vietnam struggles with Trump tariffs uncertainty
A year ago Zhang Chundong helped the firm he manages expand into Vietnam, part of a wave of Chinese businesses to choose the booming manufacturing hub since the trade war of US President Donald Trump's first term.
Bessent says 'no currency targets' in Japan tariff talks
US Treasury Secretary Scott Bessent said Wednesday that Washington has "no currency targets" in its talks with Japan on tariffs, after repeated calls from President Donald Trump for a stronger yen. Bessent said Washington is looking at "tariffs, non-tariff trade barriers, currency manipulation and government subsidy of labor and fixed capital investment" in the negotiations with Japan.
SK hynix posts record profits thanks to strong AI demand
South Korean chip giant SK hynix reported record quarterly profits Thursday thanks to soaring global demand for artificial intelligence, highlighting the firm's ability to weather mounting tariff threats.
Nintendo bullish on Switch 2 pre-sales in Japan
Nintendo shares surged Thursday after the gaming giant boasted of higher than expected demand in Japan for pre-orders of its hotly anticipated Switch 2 console. An X post attributed to company president Shuntaro Furukawa published Wednesday said there had been 2.2 million pre-order applications for the new console in Japan.
12 US states sue over Trump's tariffs
A coalition of 12 American states filed a lawsuit Wednesday to challenge the Trump administration's tariffs, saying the president cannot institute the levies without the approval of Congress. In the lawsuit filed Wednesday, the states argue that the 1977 law invoked by Trump does not allow him to use emergency measures to impose tariffs, a power constitutionally reserved for Congress.
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