Latest news

Latest News

CBN retains 27.50% interest rate again

The Monetary Policy Committee of the Central Bank of Nigeria has retained the Monetary Policy Rate at 27.50 per cent, marking its second consecutive hold in 2025. This decision was announced by the CBN Governor, Olayemi Cardoso, during a press briefing on Tuesday in Abuja, following the conclusion of the MPC’s 300th meeting. This second...
Read more

FG plans tech overhaul to cut inefficiencies

The Federal Government is rolling out an ambitious overhaul of its information technology governance structure, targeting the elimination of inefficiencies and the recovery of billions of naira in public funds lost to poorly managed federal tech projects. At the core of the initiative is a revised IT Project Clearance Guidance Document issued by the National...
Read more

Project managers shortage threatens economic progress

A new report from the Project Management Institute warned that a critical shortage of project management professionals could jeopardise global economic growth by 2035, with up to 29.8 million additional project professionals needed to meet soaring demand. The Global Project Management Talent Gap report obtained on Tuesday highlighted the escalating need for skilled project managers...
Read more

Microsoft flags AI scams threatening Nigerians

Microsoft has raised alarm over a new wave of artificial intelligence-powered scams threatening Nigeria’s growing digital economy, identifying e-commerce fraud, job scams, and tech support fraud as the top three AI-driven schemes to watch in 2025. The tech giant disclosed this in a statement on Tuesday, warning that the increased accessibility of generative AI tools...
Read more

FG urged to end 50% revenue deductions

The President of the Aeronautical Information Management Association of Nigeria, Dr Ibrahim Audu, has appealed to the Federal Government to halt the 50 per cent revenue deductions from aviation agencies. Making this observation in commemoration of the 2025 World Aeronautical Information Service Day, Audu emphasised that these deductions are severely hampering efforts to upgrade obsolete...
Read more

Expert seeks cloud computing review for data protection

A US-based cloud engineer, Olufemi Okunlola, has said cloud computing should be looked into for data protection and security purposes. In a statement made available to The PUNCH, Okunlola said the rapid adoption of cloud computing led to an increasing need for robust security models that could protect sensitive data and ensure compliance with various...
Read more

Dollar outflow for fuel imports surges 119%

The oil and gas sector more than doubled its demand for foreign exchange in 2024, rising by $1.23bn (119 per cent) year-on-year despite reduced fuel imports and efforts to boost domestic refining, according to data from the Central Bank of Nigeria’s latest quarterly statistical bulletin. A breakdown of the data shows that the sector utilised...
Read more
1 87 88 89 90 91 260

Must Read

Popular Posts

I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...