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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Do you need a tax ID to open a bank account in Nigeria? Here’s the truth
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Depot owners protest as Dangote slashes petrol price by N259
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FG orders immediate release of ₦250bn loan to farmers, targets food security
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China's 'Singles Day' shopping spree in spotlight as spending flags
China's largest online shopping bonanza wraps up on Monday, with analysts and investors watching for signs that consumption is rebounding in the world's second-largest economy after recent efforts by Beijing to boost activity. This year's Singles Day could represent a major boon for retail giants as analysts watch for signs that recent measures are having an impact.
Asian stocks drop as China support plan falls flat, bitcoin hits record
Asian markets fell Monday after China's keenly anticipated plans to support the world's number two economy fell short of expectations, while traders were also keeping tabs on Washington as Donald Trump puts his cabinet together after last week's election win. "Yet President-elect Donald Trump’s policy proposals could lead to heightened macroeconomic volatility.
Nigeria’s FX reserves hit $40 billion as naira tumbles in official, Black Markets
The governor of the Central Bank of Nigeria (CBN) has disclosed that the bank's policies raised Nigeria's FX reserves to a 33-month high of $40 billion.
Lagos, Rivers, Delta top 10 Nigerian states with highest domestic debt in 2024
About 10 Nigerian states increased their domestic debt in the second quarter of 2024 by N196 billion as the domestic debts of the 36 states and FCT rose to N4.026trn
CBN clarifies position on converting foreign currency in domiciliary accounts to naira
The Central Bank of Nigeria (CBN) has disclosed that commercial banks must allow domiciliary account holders to convert their foreign currencies to naira.
Asia, the world's economic engine, prepares for Trump shock
Some Asian countries stand to gain if US president-elect Donald Trump pushes ahead with his promised massive tariffs on China and triggers a new wave of factory relocations to the rest of the region.
Trump victory poses challenges for the Fed's independence
Donald Trump's return to the White House could put the independence of the US Federal Reserve under strain, potentially weakening its ability to fight against inflation and unemployment free from political interference. The Fed has a dual mandate from Congress to act independently to tackle both inflation and unemployment -- primarily by raising and lowering interest rates.
US farmers gird for trade wars on Trump tariff pledges
Donald Trump's first White House term saw a bruising trade war with China that left a lingering impact on farmers -- and many are bracing for further fallout as the President-elect threatens higher levies on Beijing.
CBN Gives new orders to Access, UBA, Zenith on dorm account openings
The Central Bank of Nigeria (CBN) has asked commercial, merchant and other non-interest banks to open domiciliary accounts for participants in new scheme.
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