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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 chief executive tells CNBC that they are confident in choosing the right person at the right time and have some time to do so.
This move is the result of a licensing agreement between Sony Pictures Television and Paramount Global
A film about someone's life, a television show using computer-generated characters, and an event based on the rock band Kiss are already scheduled as part of an agreement that Gene Simmons says is a “collaboration”
The person who started and used to be the CEO of digital money exchange Binance, Changpeng Zhao, has been declared the richest person in the digital money world for the third year in a row as Forbes reveals the big shots in the digital money industry. Famously called CZ, Zhao's value is now approximately $33 billion, up from $10.5 billion last year, and he is the 50th wealthiest person in the world. Despite admitting […]
African airlines saw a 22 percent increase in air cargo demand in February compared to the previous year, making it the strongest among all regions, according to a new report by the International Air Transport Association. The trade within Africa showed a 42.3 percent growth, while February capacity increased by 28.2 percent compared to the previous year. IATA had released data for […]
The Nigeria Customs Service, on Wednesday, reported a 122.35% increase in its first quarter 2024 revenue compared to the same period in 2023, stating that it made N1.34tn between January and March this year. It disclosed this at a press briefing in Abuja and noted that the agency’s revenue saw a […]
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