Category : Search result: bank account security

Nigerian Govt Clarifies TIN Rules: Personal Bank Accounts Not Affected Unless Used for Business

TIN Not Mandatory for Personal Bank Accounts - FG

The Federal Government clarifies that Tax Identification Numbers are only required for personal bank accounts used for business transactions. Learn the new rules before the January 2026 deadline.

Nigeria Completes $5B Africa Energy Bank HQ in Abuja, Set for Launch

$5B Africa Energy Bank HQ Complete in Abuja

Nigeria has completed the headquarters of the $5 billion Africa Energy Bank in Abuja. Minister Heineken Lokpobiri confirms all host obligations are met, paving the way for operations to begin. Read more.

CBN Injects $36.60 Million to Banks as Naira Faces Depreciation Pressure

CBN sells $36.60m to banks amid naira depreciation

Central Bank of Nigeria intervenes in forex market with $36.60 million sale to authorized dealers including Access, UBA, Zenith banks to stabilize naira. Experts analyze impact on currency stability.

Nigeria's Digital Crackdown: 28M Fraud Accounts Removed

Nigeria, Tech Giants Remove 28M Fraud Accounts

Federal Government collaboration with Google, LinkedIn, TikTok results in removal of 28 million Nigerian accounts and 58.9 million contents in anti-fraud campaign. Learn about the digital security partnership.

Gov Oborevwori Praises Nigerian Navy's Role in National Economy

Oborevwori hails Navy's role in national stability

Delta State Governor Sheriff Oborevwori commended the Nigerian Navy for safeguarding maritime assets and oil infrastructure. The state also plans a ₦1bn BOI loan to boost industrialization.

Atiku Demands Suspension of FIRS TSA Payment Provider, Alleges Cartel Model

Atiku and FIRS Clash Over New TSA Payment Provider

Former VP Atiku Abubakar demands suspension of Xpress Payment Solutions as TSA collecting agent, while FIRS defends multi-provider framework. Key political clash over revenue collection.

FIRS Rejects Atiku's Xpress Payments Claims as Misleading

FIRS Dismisses Atiku's Xpress Payments Allegations

FIRS counters Atiku Abubakar's claims about Xpress Payments in TSA framework, calling them incorrect and misleading. Read the full details of this political dispute over revenue collection.

Nigerian Professionals Can Now Open US Bank Accounts with GrabrFi

GrabrFi Offers US Bank Accounts to Nigerian Freelancers

Nigerian freelancers and professionals can now open US bank accounts with GrabrFi to receive USD payments without fees, avoid currency devaluation, and access global financial tools for their borderless careers.

FG Targets 61% Reduction in $18M Lapsed World Bank Loans

Nigeria aims to cut $18M lapsed loans by 61%

Federal Government plans to reduce outstanding lapsed loans from $18 million to $7 million through new financial reforms and blockchain technology for World Bank projects.

FIRS Appoints Xpress Payment as TSA Agent for Tax Collection

FIRS Names Xpress Payment as Official TSA Agent

Federal Inland Revenue Service appoints Xpress Payment Solutions as TSA collecting agent. Taxpayers can now remit Company Income Tax, VAT via TaxPro Max platform. Read more.

Zenith Bank Expands to Kenya with Paramount Bank Acquisition

Zenith Bank to Acquire Paramount Bank in Kenya

Zenith Bank Plc is set to enter the Kenyan market by acquiring Paramount Bank, marking a strategic step in its pan-African expansion. The deal awaits regulatory approval from Nigerian and Kenyan authorities.

Ebonyi Gets Lowest 2025 FAAC Allocation: ₦112.19B in 8 Months

Ebonyi ranks lowest in 2025 FAAC payouts

Ebonyi State received the lowest FAAC allocation of ₦112.19B between January-August 2025, highlighting Nigeria's revenue imbalance. Discover the states that got the most and least.

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