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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FG orders immediate release of ₦250bn loan to farmers, targets food security
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Finally, Dangote free fuel distribution begins, new petrol prices emerge
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US imports from Nigeria crash by 41% as Trump's tariff escalates trade tensions
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Naira surges on CBN’s $29m intervention, analysts predict break below N1,500
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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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World Bank report says naira lost 10 per cent of Its value in 2022, lists worst currencies in Africa
The World Bank said the naira was among top African currencies which lost significant value in 2022, alongside Malawi, Sudan, The Gambia, among others, Burundi
Top 5 African countries with worst debt crisis in 2023, one has highest inflation in history, Nigeria missing
Ghana, Malawi, Tunisia, Egypt, and Zambia are currently battling a debilitating debt crisis that's threatening to cripple their economies with high inflation.
Edo, 8 other states ranked best performing in pension payment, as families of deceased workers receive N328bn
The National Pension Commission provided insight into pension remittance in 2022 as families of deceased workers received a whopping N328bn from the government.
PoS operators slash charges over availability of cash as CBN issues fresh warning
Point of Sale operators have readjusted their charges to close to the CBN-approved rate before the cash crisis hit in February 2023, according to a new survey.
FG suspends proposed increase in taxes on soft drinks, beverages, alcohol, manufacturers happy over decision
Manufacturers Association of Nigeria (MAN) has hailed the decision of the Nigerian government to suspend the proposed increase in taxes on soft drinks, others
FG borrows another N368bn from World Bank, promises to distribute all to 50m qualified Nigerians in June
The Federal Government has secured a loan of N368 billion from the World Bank. Starting in June 2023, 50 million eligible Nigerians will receive a credit alert.
Senate demands answers from NNPC boss, over missing N102 billion worth of crude oil deliveries."
The Nigerian National Petroleum Corporation Limited has failed to explain the whereabouts of over N102bn crude oil sales, particularly from two Refineries.
Access Bank Gets N138 billion from parent company, CBN gives approval
The Central Bank of Nigeria has approved N138 billion investment from Access Bank's parent company, Access Holdings, into the bank for its African expansion.
World Bank, KPMG predict similar slow economic growth rate for Nigeria in 2023 as Tinubu's govt gets ready
World bank and KPMG has released almost identical prediction for Nigeria's economic growth rate in 2023 and it is nothing to cheer about ahead of Tinubu's govt.
Economy
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