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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Lab-grown diamonds robbing southern Africa of riches
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FG orders immediate release of ₦250bn loan to farmers, targets food security
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Naira gains N37, experts warn dollar hoarders of big losses
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Report details how Buhari's poverty reduction strategy impacted millions of Nigerians
According to a recent, Buhari's administration impacted millions of Nigerians, especially in the fight against poverty, stating two million came out of poverty
CBN, others sanction 7 commercial banks N1 billion for foreign exchange violations
About seven Nigerian banks are under sanctions for various offenses ranging from forex manipulation—non-disclosure of assets, and other infractions by CBN.
“It’s 10/$:” Ghana Cedi beats Naira, 150 others to emerge best-performing currency worldwide
The Ghanaian cedi has been the world's best-performing currency for six months in a row, trouncing 150 others and currently trading at about 10.95 to the dollar
"No more zero balance": CBN wants banks to upgrade ATMs for loans as UBA, 4 others fail to meet N65/N100 rule
CBN proposes upgrading ATMs to grant loans, thus enhancing customer credit access, as Access Holdings, Zenith Bank, others fall short of loan-to-deposit ratio.
"It belongs to all": Kyari makes exciting announcement on plans to list NNPC shares for public investment
Nigerian National Petroleum Company Limited has announced exciting plans to list the company's shares for public investment, a departure from previous structure
Just in: Nigerians' purchasing power drops again as inflation rate surges to 22.2%, 3 states worst-hit
Nigeria has once again experienced a surge in inflation, exacerbating economic challenges, with Bayelsa state being the hardest hit and Sokoto least affected.
CBN launches new financial tool, SabiMoni, to drive financial literacy and inclusion
The Central Bank of Nigeria (CBN) has released a new financial literacy tool meant to drive financial inclusion and literacy for Nigeria, promise intervention
Ekiti State to Partner with Caterina De' Medici Africa to lead development in Africa
Ekiti State Governor, Biodun Oyebanji, will lead the states business delegation in Germany to discuss development in the state, Nigeria and Africa in General.
"Thank You": 18 outgoing governors owe N3 trillion in debt but will get jumbo pensions, benefits
Many Nigerian governors will leave offices across Nigeria on May 28, 2023, but will leave massive amounts in both domestic and foreign debts and get pensions.
Economy
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