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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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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Taylor Swift buys back rights to her old music
Pop sensation Taylor Swift, locked in a feud with record executives since 2019 over ownership of her music, has bought back the rights to her entire back catalog, she said Friday. Thos records included the award-winning "Reputation" and "Taylor Swift."
Canada growth up but Trump tariffs starting to hurt
Canada's latest growth figures, released Friday, were better than expected, but also highlighted weaknesses in the economy as the effects of a trade war launched by US President Donald Trump began to take hold. Most analysts had expected only modest growth.
US April inflation cooled more than expected, despite tariffs
The US Federal Reserve's preferred inflation measure cooled more than expected last month, according to government data published Friday, as President Donald Trump's "liberation day" tariffs on most countries came into effect.
Germany considers 10% tax on internet giants
Germany is weighing plans for a 10 percent digital tax for internet giants such as Alphabet and Meta, a senior official said Friday, despite the risk of stoking further trade tensions with the United States. This could be based on the model in Austria, which has a five percent tax, he said, adding that in Germany "we consider a 10 percent tax rate to be moderate and legitimate".
Trump signals fresh trade tensions with China
US President Donald Trump signaled renewed trade tensions with China on Friday, arguing that Beijing had "violated" a deal to de-escalate tariffs, at a time when both sides appeared deadlocked in negotiations. But on Friday, Trump wrote that: "China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US," without providing further details.
FG addresses concerns on fresh loans, shares a sustainable plan to repay the debts with ease
The government has listed the national projects that will be handed over to private hands in a concession arrangement, to generate money to repay the debts incurred.
Britain's hard-right Reform UK to accept crypto donations
Britain's hard-right Reform UK has become the first political party in the country to accept donations through bitcoin and other cryptocurrencies, raising fresh concerns over transparency. "As of now, provided you are an eligible UK donor ... we are the first political party in Britain that can accept donations in Bitcoin and other cryptocurrencies," he said.
New to South Africa, saffron holds promise
Livestock farmer Joe Kroon turned to saffron in desperation when drought threatened his livelihood and, as this season's harvest winds down, he is encouraged by the potential of a new entry into South Africa's farming catalogue.
Nigerian Manufacturers urge FG to make “Nigeria First” policy a law
The Nigeria-first policy states that the government and its agencies will only buy imported goods when there are no local alternatives, but manufacturers want more.
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