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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 […]
Bakish resigned as CEO earlier this week but will stay on as a senior advisor through Oct. 31
Robert F. Kennedy Jr. specifically mentioned BlackRock for bribing U.S. politicians, at a recent event in Dallas. “Both political parties have been influenced by big businesses … interestingly, it's the same organizations, like BlackRock, that possess all the defense contractors, pharmaceutical companies, and most of the credit card companies, […]
A United Kingdom law that requires age verification for people to view adult content might have been infringed due to a programming error by the adults-only video-sharing platform OnlyFans. OnlyFans self-reported the error to Ofcom, the UK’s regulator and competition authority for communications industries, which announced the opening of an investigation into the matter. OnlyFans […]
Ongoing quality control issues at Boeing have forced American Airlines to cut three long-haul routes out of Dallas/Fort Worth International Airport later this year. The three routes on the chopping block are between DFW and Dublin, Ireland; Rome, Italy; and Kona, Hawaii. The two European routes will end on October 26 but will return in […]
The board’s special committee faces a tough choice: go through with an unpopular Skydance sale, explore Sony and Apollo’s $26 billion offer or go it alone
White-collar hiring plummets as U.S. labor market shifts toward skilled labor.
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