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The governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that the members of the Monetary Policy Committee would do whatever is necessary to get a handle on the country’s persistent inflation. The CBN’s hawkish stance on inflation had become obvious from the first MPC meeting held in February, when the committee raised […]
Additional reports: Dare Olawin, Bankole Taiwo, Peter Dada, and Adeyinka Adedipe The National Assembly and the 36 state assemblies of the federation as well as their agencies will spend about N724bn this year, an analysis of their 2024 budgets by The PUNCH has shown. Further findings also showed that the salaries and allowances for […]
Directors and key management personnel of Deposit Money Banks borrowed about N549bn from their financial institutions in five years. This is according to The PUNCH analysis of the banks’ annual reports filed with the Nigerian Exchange Limited between 2019 and 2023. However, the banks’ loans and advances to some directors and key management personnel as […]
POTTSVILLE — The NEPA Manufacturers and Employers Association (MAEA) organized a Night of Celebration to recognize the recipients of the MAEA Excellence Awards on Wednesday at the Mt. Valley Clubhouse.
The Federal Government has assured Nigerians that the introduction of Compressed Natural Gas buses as part of the Presidential CNG Initiative will significantly reduce transportation costs. The government also assured all that it would ultimately contribute to the control of the inflation rate. The Finance Minister and Coordinating Minister of the Economy, Wale Edun, gave […]
The Wall Street Journal reports that former Starbucks CEO Howard Schultz and his successor Laxman Narasimhan may be at odds over the direction the company has been heading: “The situation became public on Sunday night when Schultz posted on LinkedIn criticizing how Narasimhan and senior leaders were […]
The Asian American community may not be known for the most progressive views on recreational marijuana, but that didn’t stop Lisa Angulo Reid from launching her cannabis gummy business in 2023.
Dear Flor gummies, which are 100% vegan and infused with authentic Filipino flavors — such as ube (purple yam), calamansi (lime) and buko (coconut) pandan — have proven to be wildly popular. Around 85% of their products sold out in less than three weeks after their launch in three MedMen stores in California last October.
Qu Jing, the public relations chief of Chinese internet company Baidu, is facing backlash for her controversial comments endorsing a harsh workplace culture.
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Texas-based Buc-ee’s is reportedly considering adding a new state for its next location. Buc-ee’s has submitted a proposal to the Unified Government of Wyandotte County/Kansas City, Kansas, for the opening of a new site, according to Flatland, a non-profit Kansas City news source. The proposal includes a map of the potential layout, design, and other […]
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