The Joint Tax Board (JTB) has confirmed that Nigerians without a Tax ID will still be able to access and use their bank accounts after January 1, 2026.
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FG suspends 4% FOB Customs charge after backlash, import costs to Drop
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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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Dollar falls to N1,484 in official window, naira appreciates in parallel market
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All you need to know as FG says no tax ID, no bank account by January 1, 2026
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FG orders immediate release of ₦250bn loan to farmers, targets food security
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Baltic states 'successfully' link with European power grid
Lithuanian President Gitanas Nauseda on Sunday announced that the three Baltic states had "successfully" joined the European power grid after severing ties with the Russian network. The synchronisation of the Baltic states' electricity system with the continental European system has been successfully completed," Nauseda told reporters in Vilnius.
Nigeria’s foreign reserves hit 5-month low, depreciates by $1.38 billion as naira remains stagnant
Nigeria's foreign exchange reserves have depleted by $1.38 billion, hitting a five-month low as the CBN's data shows that Nigeria's reserves are now $39.497bn
China inflation picks up after Lunar New Year spending boost
Inflation picked up in China last month, official figures showed Sunday, as the Lunar New Year holiday boosted January spending. The boost in prices last month is "mainly due to higher food prices and tourism-related services prices on an earlier-than-usual Lunar New Year holiday," Goldman Sachs analyst Xinquan Chen wrote in a note on Sunday.
Record gold prices both boon and burden for London jewellers
In London's Hatton Garden jewellery quarter, stores have raised their iron shutters to welcome a motley crew of buyers and sellers, as the price of gold reaches record highs. In Hatton Garden, where diamonds and precious metals have been traded since the Victorian era, pawnbrokers as well as gold dealers and designers operate alongside the jewellery stores.
Musk risks putting EU buyers off Tesla: analysts
Elon Musk's rapprochement with US President Donald Trump, his backing of European far-right parties and attacks on diversity policies could drive European buyers away from Tesla, analysts say.
Baltic nations to sync with European power grid
The three Baltic states will on Sunday connect to the European Union's power grid after they seamlessly severed Soviet-era ties with Russia's network, a shift motivated by security concerns. The countries were due to join the European power grid at 1200 GMT on Sunday, it said.
Soaring egg prices have US consumers squawking
A resurgence of avian flu, which first struck the United States in 2022, is hitting chicken farms hard, sending egg prices soaring and rattling consumers accustomed to buying this dietary staple for only a few dollars. In the United States, the virus is being found not only in poultry but also in dairy cows.
Elon Musk says has no plans to acquire TikTok's US operations
Elon Musk, the world's richest person and a top advisor to US President Donald Trump, said he has no interest in acquiring social media platform TikTok's operations in the United States, in comments released Saturday. Soon after, Trump said he would be open to Musk -- the owner of social media platform X, Tesla and a slew of other companies -- buying the platform.
Baltics disconnect from Russian power grid without incident
The three Baltic states on Saturday seamlessly cut ties with Russia's power grid to integrate with the European Union's network, a switch that gained urgency with Moscow's invasion of Ukraine. - Mostly EU-funded - After the Baltic states completed the disconnection process on Saturday morning, Latvia physically cut a power line to Russia.
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