The Federal Government says from January 1, 2026, Nigerians without a Tax ID cannot operate bank, pension, insurance, or investment accounts in Nigeria.
Economy
Most viewed
Popular
-
FG orders immediate release of ₦250bn loan to farmers, targets food security
-
Finally, Dangote free fuel distribution begins, new petrol prices emerge
-
US imports from Nigeria crash by 41% as Trump's tariff escalates trade tensions
-
Naira surges on CBN’s $29m intervention, analysts predict break below N1,500
-
Do you need a tax ID to open a bank account in Nigeria? Here’s the truth
Economy Latest News
Titanic shipbuilder sinks back into trouble
Iconic shipbuilder Harland and Wolff, famed for constructing the doomed Titanic, said Monday it faced renewed financial difficulties, forcing it to offload non-core assets to preserve its shipyards.
British politics and fashion collide at London Fashion Week
Canadian-British designer Edeline Lee presented her latest spring-summer 2025 collection at London Fashion Week (LFW) on Monday with a loyal customer in attendance -- Victoria Starmer, the wife of UK Prime Minister Keir Starmer.
Bombshell as France's Breton slams door on EU commission
France's powerful European Union commissioner Thierry Breton abruptly resigned on Monday with a parting shot at the bloc's chief as she prepared to present her new team. Announcing his walkout the day before Ursula von der Leyen was expected to unveil her incoming team, the bloc's internal market commissioner claimed the EU chief had sought at the last minute to push him out.
Europe's EV troubles bubble up at Brussels Audi factory
Outside an Audi factory in Brussels described by the German carmaker as the "cradle" of its electric drive, around 200 picketing workers huddled around a bonfire in the morning drizzle. "They screwed up with electric," Karim Chawki, 52, a picketing worker, said.
Argentina's Milei presents budget, warns zero deficit is a must
Argentine President Javier Milei presented his 2025 budget to congress Sunday, with the libertarian promising to veto any law that threatened his strict goal to reduce the country's budget deficit to zero. "We will veto all the bills that threaten the fiscal balance, because we will not be accomplices in swindling the Argentine people," he said.
Asian markets wobble ahead of Fed as China fears dent sentiment
Asian investors trod cautiously Monday as they struggled to build on recent equity gains, with debate swirling around how big an expected US interest rate cut will be this week, while sentiment was being dragged by worries about the Chinese economy. But Asian investors were unable to extend the rally, with Hong Kong, Singapore and Wellington down but Sydney, Taipei and Manila edging up.
Plastics: navigating the maze of dizzying acronyms
Plastics are all around us -- from food packaging and drinking bottles to the insulation in our homes. Expanded, it is used to package fish or for insulation in construction.
Environment takes centre stage as global summits loom
Global warming. The summit, known as COP29, is expected to land a new agreement on "climate finance": money from rich nations most responsible for global warming to developing countries vulnerable to climate change.
Mexico president enacts contested law to elect all judges
President Andres Manuel Lopez Obrador on Sunday signed into law controversial judicial reforms making Mexico the world's only country to elect all its judges by popular vote.
Economy
Load more