Sunday, December 22

Business

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 […]

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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 Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has thanked Dr. Shubham Chaudhari, the outgoing World Bank Country Director, for his important contributions to Nigeria’s economic progress. During a farewell event in Abuja, Mr. Edun emphasized the impact of the World Bank on the country’s economy and Dr. Chaudhari’s […]

The Securities and Exchange Commission reaffirmed that it will take strong action to uphold the integrity of the capital market and protect the interests of all investors. This was said by the Acting Director-General of the SEC, Dr Emomotimi Agama, during a virtual meeting with the Blockchain Industry Coordinating Committee of […]

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