July inflation report, CBN's financial statement... 7 business stories to track this week

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TOP STORY: July inflation report, CBN’s financial statement… 7 business stories to track this week | TheCable

NBS REPORT is expected to release a report on the consumer price index for July 2023.percent — up from 22.41 percent in the previous month.The bureau also intends to publish reports on liquefied petroleum gas and kerosene price for the same month.

TheCable observed that the hashtag ‘Twitter Blue’ trended at the top spot on X with over 489,000 posts, documenting receipts of the beneficiaries of the cash payout.The development had come six months after Elon Musk, the owner of X, said revenue made from adverts will be shared only with creators whose posts receive adverts in their reply threads.

By implication, this means that the country’s internet subscribers reduced by 99,625 or 0.06 percent within a one-month period.to an all-time low of N950 to a single dollar at the parallel market last Thursday afternoon. Bureaux De Change operators in Lagos who spoke to TheCable said there is high demand for foreign currency in the street market.

 

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