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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 […]
The most recent Boeing engineer who came forward as a whistleblower has stated that the entire 787 fleet worldwide should be grounded and claimed that he faced retaliation from his previous employer. Boeing quality engineer Sam Salehpour spoke this week before the U.S. Senate, revealing further alleged cases of the airplane giant overlooking significant quality control problems that […]
After Paramount’s exclusive window with Skydance expires, both companies may make a competing bid
SpaceX is expanding its amenities in South Texas, with plans to build a sushi restaurant and a recreation center in Brownsville.
Key points:
The employees protested a $1.2 billion cloud-computing pact in multiple offices across the U.S.
The pilots union for American Airlines sent an email to members on Saturday detailing various issues with safety procedures that the company uses to determine the safety of airplanes. The Allied Pilots Association, which sent the email to members, detailed multiple “problematic trends” within American Airlines, highlighting less frequent safety inspections and “abbreviated” test flights […]
About 68% of the big entertainment company's total 1.83 billion shares were present at the meeting
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