January inflation, s'court verdict on old naira deadline... 7 top business stories to track this week | TheCable

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Here are the seven top business news you need to track this week — February 13 to February 17. SUPREME COURT VERDICT ON OLD NAIRA DEADLINE The federal government had said

) is expected to release a report on the consumer price index and inflation report in January 2023 on Wednesday, February 15.

It would also release a price watch report on liquefied petroleum gas and automotive gas oil price watch for the same monthThe Debt Management Office , says it is listing four bonds valued at N360 billion for auction on behalf of the federal government of Nigeria .Announcing the bond auction, the DMO listed the first offer as a February 2028 FGN bond, valued at N90 billion at an interest rate of 13.98 percent per annum .The second is an April 2032 FGN bond, valued at N90 billion at 12.

The fourth offer is an April 2049 FGN bond, also valued at N90 billion, at an interest rate of 14.80 percent per annum .shortageThe apex bank spoke while debunking reports that Godwin Emefiele, its governor, was quoted as saying there was a cash shortage because of the lack of sufficient capacity to print new naira notes to satisfy the demand.to ensure continuous production of the redesigned naira notes.

 

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