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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Dollar falls to N1,484 in official window, naira appreciates in parallel market
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Depot owners protest as Dangote slashes petrol price by N259
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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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FG orders immediate release of ₦250bn loan to farmers, targets food security
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CBN bans off-market forex negotiations, sets new rules for BDCs
The Central Bank of Nigeria (CBN) has prohibited the negotiation of exchange rates with customers outside the designated foreign exchange market.
Defying headwinds, Germany stocks hit milestone
Germany's blue-chip DAX stock index jumped above 20,000 points for the first time Tuesday following gains on US and Asian markets, defying multiple headwinds battering Europe's biggest economy. The index, which groups the 40 largest publicly-traded companies on the Frankfurt Stock Exchange, reached 20,022 points at around 0900 GMT before slightly paring its gains.
China curbs exports of key chipmaking components to US
Beijing said Tuesday it would restrict exports to the United States of some key components in making semiconductors, after Washington announced curbs targeting China's ability to make advanced chips. In its own latest curbs, Washington on Monday announced restrictions on sales to 140 companies, including Chinese chip firms Piotech and SiCarrier, without additional permission.
US 'disappointed' after plastic pollution talks collapse: White House
The US government said Tuesday it was "disappointed" after nations negotiating a global treaty to curb plastic waste failed to reach a deal, blaming a "small group" of countries and producers for blocking progress. "A small group of countries and producers stood in the way of progress to protect their profits and perpetuate an inadequate status quo," it said.
Prices of rice, garri, other food items set to skyrocket this December as transport costs soar
Amid growing hardship across the country, foodstuff transporters under AUFCDN have cautioned that food prices are set to surge significantly in December.
China lifts final bans on Australian red meat as trade row nears end
China has fully lifted suspensions on Australian red meat, Canberra said Tuesday, dismantling one of the final barriers in a four-year trade war that hammered US$13 billion of exports. China lifted suspensions on eight Australian slaughterhouses in May this year but kept barriers in place for two facilities.
Biden kicks off two-day Angola visit
US President Joe Biden is in Angola on Tuesday for the first and only visit to sub-Saharan Africa of his presidency, which is focused on a major infrastructure project that is a counterpoint to China's investments.
Trump vows to defend US dollar hegemony, but is it under threat?
US President-elect Donald Trump has threatened retaliation against governments that challenge the US dollar, vowing "100 percent tariffs" on countries that undercut the US currency. The system has evolved since that time and several countries have stopped indexing their currencies to the dollar, but without challenging its status as the global reserve currency.
Vietnam court upholds death sentence for property tycoon
A Vietnamese court upheld the death penalty Tuesday for a property tycoon in a multi-billion dollar fraud case -- but said her life could still be spared if she paid back three quarters of the assets she embezzled. The court said Tuesday that if she returns three quarters of the stolen assets, her sentence could be reduced to life imprisonment.
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