Emmanuel Ochayi, Author at Prime Business Africa

Nigeria's Food Crisis: Corruption, Mismanagement To Blame?

Nigeria’s Inflation Crisis: Economy On The Brink Of Collapse?

High Inflation Strains Nigerian Wallets In May 2024, Nigeria’s inflation rate surged to a 28-year high of 33.95%, driven by soaring food prices. The National Bureau of Statistics (NBS) reported that food

Emmanuel Ochayi

9 months ago

Dangote Refinery: Of Hopes, Drools And Jokes

Business·Latest News·Oil & Gas

Dangote Refinery Breaks Into Asian Market With First Fuel Oil Shipment

Dangote Refinery is making headlines with its first shipment of low-sulfur straight-run fuel oil (LSSR) from Nigeria to Singapore. This marks a milestone as the refinery ventures into the Asian market for

Emmanuel Ochayi

9 months ago

Naira vs Dollar: What To Expect This Week

Business·Latest News·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 19th June 2024

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN)

Emmanuel Ochayi

9 months ago

Business·Latest News

Anger Trails Banks’ Super Profits In The Midst Of Poverty, Spurious Bank Charges

Coming across to Nigerians as oases of plenty in a desert of need, Nigerian banks have come under heavy criticism for declaring super profits despite rising inflation and widespread poverty. The outcry

Emmanuel Ochayi

9 months ago

Business·Latest News

Zenith Bank, Access, UBA, FBNH, GTCO, 5 Others’ Assets Rise To N140.3trn In Q1 2024

Major Banks Report Significant Growth As Nigeria targets a $1 trillion economy within the next five years, the country’s banking sector is showing substantial progress. Ten prominent Nigerian banks have reported combined

Emmanuel Ochayi

9 months ago

AfDB Pledges Support To Lagos Health Sector, Aims To Curb Nigeria’s $1bn Monthly Medical Tourism Loss

Africa·Business·Latest News

AfDB To Match Italy’s $150m Funding For African Development

The African Development Bank (AfDB) has announced plans to match the $150 million in concessional loans and grants committed by Italy. This funding, aims to support development projects across Africa under Italy’s

Emmanuel Ochayi

9 months ago

Intra-Africa Trade: Nigeria Ranks Fourth, Follows South Africa, Cote d’Ivoire, Egypt

Business·Latest News·Markets

Nigeria Was Spending $1.5bn Monthly To Defend The Naira Before Tinubu’s FX Reforms – Onanuga

Nigeria’s Special Adviser to the President on Information and Strategy, Bayo Onanuga, has revealed that the country was spending a sum of $1.5 billion monthly to maintain a fixed foreign exchange (FX)

Emmanuel Ochayi

9 months ago

Business·Latest News·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 18th June 2024

What is the dollar to naira exchange rate at the black market also known as the parallel market (Aboki fx)? The dollar to naira exchange rate at the black market, also known

Emmanuel Ochayi

9 months ago

Nigerian Govt pushes N62,000 pay Despite Labour’s opposition, Says N250,000 Minimum Wage Demand Unsustainable

Business·Latest News·Politics

Nigerian Govt Pushes N62,000 Pay, Says N250,000 Minimum Wage Demand Unsustainable

Presidency’s Stance on Minimum Wage Demand The Presidency has stated that the demand for a N250,000 minimum wage by Organised Labour is unsustainable, stressing that the Federal Government cannot allocate all its

Emmanuel Ochayi

9 months ago

Africa·Business·Latest News

Blackouts In Ghana, Others As Gas Supply Disruption From Nigeria Lingers

Some parts of Ghana and other West African countries are experiencing blackouts, due to a disruption in gas supply from Nigeria. Cities in Ghana, Benin, and Togo have been hit hard, leaving

Emmanuel Ochayi

9 months ago

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Emmanuel Ochayi

Nigeria’s Inflation Crisis: Economy On The Brink Of Collapse?

Dangote Refinery Breaks Into Asian Market With First Fuel Oil Shipment

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 19th June 2024

Anger Trails Banks’ Super Profits In The Midst Of Poverty, Spurious Bank Charges

Zenith Bank, Access, UBA, FBNH, GTCO, 5 Others’ Assets Rise To N140.3trn In Q1 2024

AfDB To Match Italy’s $150m Funding For African Development

Nigeria Was Spending $1.5bn Monthly To Defend The Naira Before Tinubu’s FX Reforms – Onanuga

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 18th June 2024

Nigerian Govt Pushes N62,000 Pay, Says N250,000 Minimum Wage Demand Unsustainable

Blackouts In Ghana, Others As Gas Supply Disruption From Nigeria Lingers

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