Emmanuel Ochayi, Author at Prime Business Africa

Food Prices Drop North East As Farmers Flood Markets With Grains

The prices of food items in Nigeria’s Northeast region have dropped significantly as farmers bring in large quantities of harvested grains ahead of the Ramadan fast. The decrease in food prices follows

Emmanuel Ochayi

3 weeks ago

Nigeria's Stock Market Gains As NGX Rebounds After Two Days Of Losses

Business·Markets·News

Nigeria’s Equity Market Ends Week on Positive Note As Consumer Goods, Insurance Stocks Lead Gains

Nigeria’s equity market closed the week with a 0.41% gain, adding N196 billion in value. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) climbed from 108,053.95 points to 108,497.4 points, while market

Emmanuel Ochayi

3 weeks ago

News·Politics

Atedo Peterside Dismisses IBB’s Admission of Abiola’s ’93 Victory

Atedo Peterside, the founder of Stanbic IBTC Bank, has dismissed former military ruler Ibrahim Babangida’s recent acknowledgment of MKO Abiola’s 1993 election victory, calling it an irrelevant admission that comes too late

Emmanuel Ochayi

3 weeks ago

News·Sports

List Of Highest-paid African Footballers In 2025

African footballers are making waves on the global stage, not just for their talent but also for their massive earnings. With the growing influence of the Saudi Pro League and lucrative deals

Emmanuel Ochayi

3 weeks ago

Nigeria's Stock Market Declines As Investors Lose N285bn

Business·Markets·News

Nigerian Stock Market Declines As MPC Retains Key Interest Rates

The Nigerian stock market closed lower on Thursday, shedding 0.04 percent as investors reacted to the Monetary Policy Committee (MPC) decision to keep benchmark interest rates unchanged. Market Reacts to MPC Decision

Emmanuel Ochayi

3 weeks ago

News·World News

Trump Announces 25% Tariff On Automobiles, Pharmaceuticals, Others

U.S. President, Donald Trump, has announced a 25% tariff on imported automobiles, along with similar duties on pharmaceuticals and semiconductors. The new tariffs, set to take effect as early as April 2,

Emmanuel Ochayi

3 weeks ago

Business·Markets·News

Nigeria’s Equity Market Gains 0.87% As Investors React To MPC Meeting

Nigeria’s equity market recorded a 0.87% gain on Wednesday, marking its first positive close of the week. Investors responded to the start of the Monetary Policy Committee (MPC) meeting, which is expected

Emmanuel Ochayi

3 weeks ago

Naira Gains Strength As Forex Speculators Face Heavy Losses

Business·Markets·News

Naira Strengthens To N1,535/$1 As Market Confidence Improves

The Naira appreciated to N1,535 per dollar in the parallel market, also known as the black market, as traders reported lower demand for the dollar and improved liquidity conditions. This represents a

Emmanuel Ochayi

3 weeks ago

Business·FEATURES·Finance & Economy·News

Is Nigeria’s Inflation Drop Government’s Propaganda Or Genuine Relief?

Nigeria’s inflation rate dropped to 24.48% in January 2025, a significant decrease from the previous 34.80% in December 2024, according to the National Bureau of Statistics (NBS). This report which was earlier

Emmanuel Ochayi

3 weeks ago

Nigeria's Equity Market Declines By 0.07% As Investors Remain Cautious

Business·Markets·News

Nigeria’s Equity Market Sees Dip Despite Positive Inflation Data

The Nigerian equity market recorded a decline of 0.25 percent on Tuesday, marking its second consecutive drop this week. This fall came despite the release of encouraging inflation figures for January, which

Emmanuel Ochayi

3 weeks ago

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Emmanuel Ochayi

Food Prices Drop North East As Farmers Flood Markets With Grains

Nigeria’s Equity Market Ends Week on Positive Note As Consumer Goods, Insurance Stocks Lead Gains

Atedo Peterside Dismisses IBB’s Admission of Abiola’s ’93 Victory

List Of Highest-paid African Footballers In 2025

Nigerian Stock Market Declines As MPC Retains Key Interest Rates

Trump Announces 25% Tariff On Automobiles, Pharmaceuticals, Others

Nigeria’s Equity Market Gains 0.87% As Investors React To MPC Meeting

Naira Strengthens To N1,535/$1 As Market Confidence Improves

Is Nigeria’s Inflation Drop Government’s Propaganda Or Genuine Relief?

Nigeria’s Equity Market Sees Dip Despite Positive Inflation Data

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