Crypto firms licensing, Q2 GDP report... business stories to track this week

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Here are the seven top business stories you need to track this week — August 26 to August 30.

The Nigerian Bureau of Statistics is expected to release the gross domestic product report for the second quarter 2024 on August 26.telecoms data: active voice and internet per state, porting and tariff information and capital importation for Q2 2024.The Debt Management Office has offered a $500 million federal government bond for subscription at $1,000 per unit to interested investors.The offer is a five-year domestic dollar bond due in 2029, at an interest rate of 9.75 percent per annum.

Agama said technology would play a crucial role in addressing this challenge with the SEC working to ensure that investors are properly identified to facilitate the payment of dividends.Advertisement The AIPCC said the operational licence is the final stage of approval from the regulatory authority, and this implies that the plant can now fully operate as a refinery.

He also said the government will allow NNPC to offset about N2.2 trillion it owes the country against the subsidy debt.This is a 130 percent increase from the corresponding period in 2023, the CBN said in a statement, signed by Hakama Sidi Ali, its acting director of corporate communications.

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