Obianuju Nicole - DTOWNCRIER

Will Nigerians Without TIN Be Denied Bank Access in 2026? What You Need to Know

September 24, 2025September 24, 2025Obianuju Nicole0

A viral claim on social media has stirred concerns that Nigerians without a Tax Identification Number (TIN) may lose access to their bank accounts by January 2026. The story of Mama Ngozi, a tomato seller in Ajah Market, Lagos, was widely circulated online after she was allegedly told by a bank cashier that she would […]

14 Banks Meet New CBN Capital Requirement as MPC Cuts Interest Rate to 27%

September 24, 2025September 24, 2025Obianuju Nicole0

ABUJA— Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, yesterday announced that 14 Nigerian banks have successfully met the new capital requirement under the ongoing recapitalisation exercise. Cardoso made the disclosure while presenting the communiqué from the 302nd meeting of the Monetary Policy Committee (MPC) in Abuja. At the meeting, the apex bank […]

MAN Warns FG Against Tax Stamp System, Cites High Costs and Industry Risks

September 24, 2025September 24, 2025Obianuju Nicole0

The Manufacturers Association of Nigeria (MAN) has cautioned the Federal Government against introducing a tax stamp system for excisable goods, warning that it could trigger heavy compliance costs, operational bottlenecks, and minimal revenue gains. In a statement issued yesterday, MAN’s Director General, Segun Ajayi-Kadir, acknowledged the enactment of the Nigeria Tax Act 2025, describing it […]

Kwara South Stakeholders Slam Lawmakers Over Poor Representation

September 23, 2025September 23, 2025Obianuju Nicole0

Stakeholders in the Kwara South Senatorial District have faulted their federal lawmakers, accusing them of poor and ineffective representation since their election into the National Assembly. The criticism came on Monday during a strategic consultation meeting in Ilorin, organized by the Kwara South Development Initiative (KSDI) with the theme “Reawakening the Giant.” Those indicted include […]

CBN Cuts Interest Rate to 27% After Three Pauses

September 23, 2025September 23, 2025Obianuju Nicole0

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has lowered the country’s interest rate to 27.00 per cent, marking the first adjustment in 2025. CBN Governor Olayemi Cardoso announced the decision on Tuesday during a press briefing after the 302nd MPC meeting in Abuja. “The Committee decided as follows: (1) reduce the […]

Arusa Stages Ibadan’s Royal Heritage Ahead of Ladoja’s Coronation

September 23, 2025September 23, 2025Obianuju Nicole0

As part of the coronation ceremonies of former Oyo State Governor, Oba Rashidi Adewolu Ladoja, as the 44th Olubadan of Ibadanland, theatre enthusiasts, indigenes, and guests converged on Monday evening at the Apex Event Centre, Agodi, Ibadan, for the staging of Arusa—a play celebrating Ibadan’s rich royal heritage. Written by Gbemi Faleti, produced by Biodun […]

Djokovic’s ‘Tennis Dad’ Nikola Pilic Dies at 87

September 23, 2025September 23, 2025Obianuju Nicole0

Croatian tennis legend Nikola Pilic, the former Davis Cup-winning captain and early mentor to Novak Djokovic, has died at the age of 87, the Croatian Tennis Association announced on Tuesday. Described as “one of the greatest players and coaches Croatian tennis has ever had,” Pilic passed away on Monday in the western town of Opatija. […]

Marketers Urge Dangote Refinery to Embrace Inclusive Distribution Model

September 23, 2025September 23, 2025Obianuju Nicole0

Oil marketers have called on Dangote Refinery to adopt an inclusive supply strategy following the rollout of its CNG-powered delivery trucks, warning that the new fleet alone cannot guarantee nationwide product distribution. Speaking on Channels Television’s The Morning Brief, the National President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), Billy Gillis-Harry, […]