Skip to main content

Here are some of the business stories that made headlines during the week for you to catch up with...


Naira hits 222.5 to dollar at BDCs, Pounds N332

Vehicle Imports: Nigeria Loses as Benin, Togo Gain

NERC licenses firm to build N1.2tn power plants

Electricity: Abuja Disco loses allocation by 100mw

Inflation rises to 8.2% in January (up 0.2%pp YoY); food prices keep same pace

FG to sell Nigerian Communications Satellite –BPE

Nigeria records 89% drop in rail freight, passenger traffic in 55yrs

Nigeria Lost 3,800MW of Electricity to Vandalism in 60 Days, Says Nebo

Innoson decries N100m monthly electricity bill

Central Bank Sells Forex Outside Target Band

Naira-Dollar differential rises further to N214/$1 as CBN injects more dollar

Falling crude price: Nigeria’s growth rate projected at 5%

FG to revoke some private jet owners’ certificates

FG earmarks N4.5bn for disabled entrepreneurs

Foreign reserves drop to $32.4bn

FG orders NNPC to return $1.48bn unremitted funds uncovered by PwC

BPE to raise panel on consumer protection bill

Imports decline sharply as ship traffic drops 63%

Kano Disco to import 500,000 pre-paid meters from China, what happened to local production?

Oyo State raises N4.8 billion in bonds

Petrol: Pump price increase unlikely, say experts

CBN sells dollar to banks at N198

CBN Closes RDAS/WDAS Foreign Exchange Window

FAAN to publish list of debtors

NITEL investor gets April deadline to pay $176.76m

Nigeria’s economy to grow by 5.54% in 2015 – NBS

CBN Cautions Oil and Non-Oil Exporters on Remittance of Proceeds

$20bn missing oil money: Reps ask FG to release audit firm’s full report

1.00 USD = 199.570 NGN

1.00 GBP = 307.159 NGN

1.00 EUR = 227.108 NGN

Comments

Post a Comment

Popular posts from this blog

Season Greetings From The Mandate Health Empowerment Initiative (MHEI)

Merry Christmas and a blissful mentally healthy new year great minds! Please if you are interested in humanitarian, community service Join The Mandate Health Empowerment Initiative Volunteer Team! As we engage Africa in Mental Health Literacy, Psychosocial Support Campaign and Prevent Drugs and Substance Dependency across all sectors! There are more people living with mental illness than people living with HIV AIDS!  Be Involved www.mhfnigeria.org  www.facebook.com/mhf2015 @infomhei just drop a line message of interest. God bless you
Post a Comment
Read more

Falling Oil Prices: LCCI Advises FG To Cut Spending On Refreshments, Sitting Allowance To Save Nigeria’s Economy

The Lagos Chamber of Commerce and Industry (LCCI) has called on the Federal Government to put drastic economic measures in place, in order to help the country cushion the effect of falling crude oil prices. The chamber suggested further scrutiny in the way public funds are spent. In a statement by its President, Alhaji Remi Bello, the LCCI commended the Federal Government for the fiscal and monetary policy measures taken so far to stabilise the macroeconomic conditions and minimise dislocations. It however asked that some very important additional measures be taken. The chamber noted that there are several budget heads that need serious scrutiny, such as, consolidated revenue fund charges, service wide votes and presidential amnesty programmes. According to Bello, others are: capital supplementation, debt service, refreshments and meals, foodstuffs and catering, honorarium and sitting allowance, welfare packages, as well as repairs and maintenance. “All these budget heads ha...
Post a Comment
Read more

Bassa APC Aspirant Calls On Electorates To Be Vigilant

The people of Bassa LGA have been called upon to be vigilant and beware of failed politicians who have been busy deceiving the constituents. An aspirant into the state assembly under the platform of All Progressive Congress (APC), Hon Yizogembi Solomon Abwa gave the charge while speaking in Lokoja. He told them to come out en-mass and vote out the Peoples Democratic Party (PDP) at the next election. He expressed confidence that given his antecedent and his pact with the people of Bassa, he will dislodge the PDP in the area. He thanked the electorates for always standing by him and encouraged them to maintain peace in the area.
Post a Comment
Read more