The chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has clarified the government's position on TINs on bank accounts.
Economy
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Dollar drops in value as naira soars in official and parallel markets, reserves hit $44.67bn
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Abia government begins payment of 20-year pension arrears: over N60 billion set to reach retirees
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Christmas countdown: Demand for physical cash hits new highs across Nigeria
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New tax law replaces reliefs with rent-based deductions, capped at N500k
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NBS data shows amount Nigerians spend on healthy diet in a day
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US, China economic leaders raise 'serious concerns' in first call
US Treasury Secretary Scott Bessent and his Chinese counterpart He Lifeng raised mutual concerns on trade and economic issues in their introductory call Friday, as tensions between the world's two biggest economies simmer under President Donald Trump's second term.
"From double-digit to single:" CBN explains how it will bring down inflation rate
The Central Bank of Nigeria has spoken on the strategies it will use to bring the inflation rate down from the 24.48% reported in the rebased CPI report.
Naira gaining as CBN adjusts Customs exchange rate to clear goods at Nigeria’s ports
The Central Bank of Nigeria (CBN) has reduced the Customs Exchange rate for cargo clearance at Nigeria's ports following the appreciation of the naira.
Billionaire Tony Elumelu explains why Nigeria must hit 2 million bpd of crude oil production
Nigerian billionaire, Tony Elumelu have explained why it is crucial for Nigeria to achieve 2 mbpd crude production, and shared what his company is doing to make...
Chinese AI companies celebrate DeepSeek, shrug off global curbs
Chinese tech companies shrugged off foreign scrutiny of upstart chatbot maker DeepSeek, telling AFP on Friday they were confident the country's tech startups would make more gains in the global artificial intelligence race.
CBN governor gives reasons for increasing ATM transaction charges
The CBN governor has defended the recent hike in ATM transaction fees, explaining that it is in the interest of the customers. He explained how it would improve...
Nepal community fights to save sacred forests from cable cars
They appear tranquil soaring above Himalayan forests, but a string of cable car projects in Nepal have sparked violent protests, with locals saying environmental protection should trump tourism development. Across Nepal, five cable car projects have opened in the past two years -- and 10 more are under development, according to government figures.
Trump tariffs leave WTO adrift in eye of the storm
The World Trade Organization's entire mission is overseeing global trade, but US President Donald Trump's tariff offensive has left it adrift. - Dupont: "The basic idea of the WTO, to guarantee predictability in world trade, is totally ruined by Donald Trump's attitude.
Nissan shares jump 11% on reported plan to seek Tesla investment
Nissan shares surged 11 percent Friday after a report said a Japanese group including a former prime minister plans to ask US electric vehicle giant Tesla to invest in the automaker. "The proposal envisions a consortium of investors, with Tesla as the largest backer, but also includes the possibility of a minority investment by Foxconn," the Financial Times said. jug-nf-kaf/rsc
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