November inflation report, FX rate... business stories to track this week

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Here are the seven top business stories you need to track this week — December 9 to December 13. INFLATION REPORT

The National Bureau of Statistics is expected to release the country’s November consumer price index and inflation report on December 15.Currency traders in Lagos, also known as bureau de change operators, quoted the buying rate of the dollar at N1,570 and the selling price at N1,600 — leaving a profit margin of N30.

The latest dollar rate represents the lowest price the greenback has been sold for since August 13 when the naira traded at N1,595/$.The Federal Competition and Consumer Protection Commission says no amount of blackmail would stop its ongoing investigation into the operations of Air Peace.In a statement on Sunday, Ondaje Ijagwu, FCCPC’s director of corporate affairs, said the commission would take appropriate action in line with its governing Act.

Speaking on Tuesday at the ongoing Practical Nigerian Content Forum organised by the Nigerian Content Development and Monitoring Board in Bayelsa state, Akpoti-Uduaghan said the federal government has located the main constructors of the steel to revamp and keep it running.provided designated phone numbersThe CBN, in a circular on December 5, provided designated phone lines to help address customers’ challenges.

Prior to the directive, the financial regulator had asked banks to prioritise cash disbursement through ATMs or face penalties.Speaking in a statement, the intergovernmental organisation said the decision to extend Nigeria’s quote was made at its 38th OPEC and non-OPEC ministerial meeting, held on Thursday.

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October inflation report, national grid collapse... business stories to track this weekHere are the seven top business stories you need to track this week — November 11 to November 15. OCTOBER INFLATION REPORT
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