Food prices, aviation workers strike... seven top business stories to track this week | TheCable

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Food prices, aviation workers strike… seven top business stories to track this week | TheCable

NBS REPORT ON PMS, FOOD PRICES is expected to release a report on the national household kerosene price watch for March 2023.

The bureau also intends to release its price watch report on premium motor spirit and automotive gas oil for the same month.Another report to be released by NBS for the month, is the liquefied petroleum gas price watch and selected food prices.Travellers may experience flight disruptions as aviation union workersAdvertisement

The unions include the National Union of Air Transport Employees , Air Transport Services Senior Staff Association of Nigeria , and the Association of Nigeria Aviation Professionals . Others are the National Association of Aircraft Pilots and Engineers , and the Amalgamated Union of Public Corporation Civil Service Technical and Recreation Services Employees.According to the unions, an indefinite strike would ensue if the two-day warning strike fails.Air Peace, Nigeria’s flag carrier, said scheduled flights operations to Israel would commence April 20, 2023.Last year, theWORLD BANK UPGRADES 2023 GLOBAL FORECASTS TO 2 PERCENTThis is an upgrade from its 1.

The global bank said several factors such as oil price hikes, banking sector stress, and inflation pressure are weighing countries’ growth.Nigeria’s consumer price index , which measures the rate of change in prices of goods and services, rose to

 

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