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April inflation, cybersecurity levy... business stories to track this week

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Here are the seven top business stories you need to track this week — May 13 to May 17.

The Nigerian Bureau of Statistics is expected to release the consumer price index and inflation report for April 2024.Advertisement

‘’So, we think that 95 percent of the informal sector should be legally exempted from all taxes; withholding tax, company income tax, even payee on their staff,” he said.The National Identity Management Commission saysAbisoye Coker-Odusote, director-general of NIMC, made this known at a press conference in Abuja on May 10.She said applicants for the card will have to request with their NIN through a self-service online portal or the banks.Advertisementidentification number database.

According to minutes obtained by TheCable from the March 2024 meeting of the federal account allocation committee , representatives from these states raised concerns about the rising cost of foreign loan repayments due to the weakening naira.

 

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Dollar to Naira Black Market Exchange Rate Today 29th April 2024The Naira is still showing signs of recovery against the US dollar at the parallel market, as it appreciated to ₦1300/$1 today.
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