NNPC lifts petrol from Dangote refinery, August inflation... business stories to track this week

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Here are the seven top business stories you need to track this week — September 16 to September 20. AUGUST INFLATION The National Bureau of Statistics (NBS)

The National Bureau of Statistics says it will release the country’s consumer price index and inflation report for August 2024.Also, the bureau intends to publish reports on kerosene, premium motor spirit , automotive gas oil , and liquefied petroleum gas for August 2024.Wale Edun, minister of finance, says the federal government’s revenue for the first quarter of 2024 increased to N9.1 trillion.

The milestone, which comes 20 years after the treaty’s inception, was signed by John Tsoho, chief judge of the federal high court, during a stakeholders’ meeting of the Presidential Enabling Business Environment Council chaired by Shettima.NNPC said over 100 trucks were mobilised to the site, assuring that more would be sent to the facility.After product lifting on Sunday, the NNPC said it bought petrol from the refinery at N898 per litre.

Nigerians should wait for a formal announcement on the pricing by the technical sub-committee on naira-based crude sales to local refineries.In its monthly oil market report released on Tuesday, OPEC said the figure was obtained from direct communication with Nigerian officials.

 

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