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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Naira gains N37, experts warn dollar hoarders of big losses
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Trump concerned S. Korean arrests could 'frighten' investors
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Asian markets build on Trump rally, yen steady ahead of BoJ
Asian markets rose Friday after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen weakened slightly ahead of an expected interest rate hike by the Bank of Japan later in the day.
Climate change cooks up Japanese 'cabbage shock'
Japan's much-loved "tonkatsu" pork cutlets come with a mound of freshly shredded cabbage, but a surge in the price of the humble vegetable has prompted chef Katsumi Shinagawa to skimp on servings. Chef Shinagawa does not want to pass on the price increases to his customers, however.
Trump says will demand interest rates drop 'immediately'
US President Donald Trump said Thursday he would seek to bring interest rates lower by unleashing energy production, and would speak to the Federal Reserve if needed. Trump told reporters in Washington later on Thursday that he would like to see interest rates come down "a lot," adding that lower oil prices should help them to fall.
After launching FX code, CBN set to introduce compliance department
By the end of February, Olayemi Cardoso, governor of the Central Bank of Nigeria, will have established a new Compliance Department within the apex bank.
Saudi crown prince promises Trump $600 bn trade, investment boost
Saudi Crown Prince Mohammed bin Salman promised on Thursday to pile $600 billion into US trade and investments as he congratulated Donald Trump on his return to the White House.
US falling behind on wind power, think tank warns
The United States is falling behind the European Union in the rollout of wind power and risks being overtaken by China, a think tank said Thursday, days after Trump announced a crackdown on new wind projects.
US news giant CNN eyes 200 job cuts, streaming overhaul
US news network CNN will shed six percent of staff, some 200 people, the outlet said Thursday as it embarks on a major shakeup of staffing and programing amid a deluge of political news. In November the storied Associated Press news agency said it would slash almost eight percent of jobs as the US-based wire battles client cancellations and economic headwinds.
Sacklers, Purdue to pay $7.4 bn over opioid crisis: NY state
Several US states have reached a $7.4 billion settlement with the Sackler family and their pharmaceutical company Purdue over the opioid crisis that has ravaged the lives of millions of Americans, officials said Thursday.
Croatian urged to boycott shopping to protest prices
Consumer groups across Croatia called for a nation-wide shopping boycott on Friday to protest rising food prices and biting inflation in the Balkan country. Consumer groups have repeatedly complained that prices have risen steadily since Croatia adopted the euro as its currency in January 2023. ljv/ds/rl
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