Banks will require Tax IDs from income-earning Nigerians from January 2026, but students and other non-income earners are exempt, and registration is free online.
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Banks must request tax ID from taxable persons – Oyedele
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said that banks will be required to request a Tax Identification Number (TIN) from all taxable Nigerians ...
The Federal Government has announced that from January 1, 2026, all taxable Nigerians must obtain a Tax Identification Number (TIN) or Taxpayer Identification Number to operate a bank account in the ...
The Federal Reserve will have to go without up-to-date government inflation and jobs data when it decides next month whether to lower interest rates for a third consecutive time. The Bureau of Labor ...
A majority of Federal Reserve policymakers expressed support in late October for further interest rate cuts, though not all committed to making the reduction at their next meeting in December, ...
Fed faces internal divisions and uncertain data ahead of December interest-rate decision. Inflation, employment data, and the government shutdown complicate upcoming policy choices. Wall Street ...
Investors are split on whether the Federal Reserve will cut interest rates again at its next meeting in less than a month, amid uncertainty following the loss of economic data during the government ...
The departure of Raphael W. Bostic, who has served in the role since 2017, would create a new vacancy at the central bank. By Colby Smith Colby Smith covers the Federal Reserve. Raphael W. Bostic said ...
NEW YORK, Nov 7 (Reuters) - The U.S. Federal Reserve may soon need to grow its balance sheet through bond purchases and could consider shortening the average duration of its debt holdings, Federal ...
The likelihood of a December interest rate cut by the Federal Reserve has decreased from 91% to 70% due to inflation concerns and internal dissent. Fed Chair Jerome Powell and other officials ...
Interest rates are in a good place to deal with persistently elevated inflation, Federal Reserve Governor Lisa Cook said Monday in her first public remarks since President Donald Trump said he had ...
Forbes contributors publish independent expert analyses and insights. I write about how bitcoin, crypto and blockchain can change the world. Bitcoin dropped sharply following the Federal Reserve’s ...
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