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Showing posts with the label Social Media Platforms

New 13-Digit Tax ID in Nigeria: What It Means for Individuals, Businesses, and Corporate Bank Accounts

Nigeria’s tax identification system has entered a new phase with the introduction of the new 13-digit Tax ID. This new Tax ID now replaces the old 10-digit TIN and is designed to make tax identification easier, more secure, and more connected across Nigeria’s tax system. The Tax Identification Number, now commonly called Tax ID, is a unique number jointly issued by the Nigeria Revenue Service and the Joint Revenue Board for identifying individuals and businesses for tax administration, compliance, and enforcement. The official Nigerian Tax ID Portal describes it as a unique number issued in line with Nigerian tax laws for individuals and entities.  For individuals, the Tax ID is linked to the National Identification Number, NIN. For businesses, companies, and registered entities, it is linked to the Corporate Affairs Commission registration number. This means individuals can retrieve their Tax ID using NIN, while registered businesses can retrieve theirs using CAC details.  Wh...

TikTok Sets a Record as the RedNote Craze Begins to Fade

T ikTok has once again shown why it remains one of the most powerful social media platforms in the world. After weeks of uncertainty around its future in the United States, the app recorded one of its strongest engagement moments, while the sudden RedNote craze that pulled in many “TikTok refugees” appears to be slowing down. The trend started when many U.S. TikTok users became worried about a possible TikTok ban. In response, thousands of users began moving to RedNote, also known as Xiaohongshu, a Chinese social platform that combines short videos, photos, lifestyle content, product discovery, and community interaction. Reuters reported that more than half a million new users joined RedNote in just two days during the TikTok uncertainty. TikTok’s big day M eanwhile, the TikTok app attracted nearly 107 million daily active users in the US on Sunday, iOS and Android combined. That was more than any day in the past year. On New Year’s Eve, TikTok got 68.7 million daily users in the US. ...