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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

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