Emmanuel Ochayi, Author at Prime Business Africa

How EFEMS Transparency Fuels Naira Demand In Parallel Market

Naira Strengthens To 1,275/$ At parallel market, Senate Calls For Efforts To Sustain Stability

The Nigerian currency, Naira, has shown signs of strengthening against the United States dollar, appreciating by N125 to reach N1,275/$1 over the weekend. This represents a 9.8% increase compared to N1,400/$1 on

Emmanuel Ochayi

10 months ago

Forex Crisis Costs Nigeria Over $500m Annually, Importers Warn

Business·Latest News·Markets

FX Market: BDC Operators Unveils Plan For Unified Retail Market To Tackle Volatility

In an effort to lower volatility and improve regulatory compliance, the Association of Bureaux De Change Operators of Nigeria (ABCON) has revealed plans to establish a single retail end of the foreign

Emmanuel Ochayi

10 months ago

Business·Latest News

More Than 20% Of Nigerians Uses Bitcoin For Transaction Daily- Report

20% of Nigerians, or one in five, use Bitcoin regularly, according to recent research by the open-source blockchain website Elastos. 1,407 self-described “tech-savvy” respondents from seven countries—Nigeria, Brazil, Germany, South Korea, UAE,

Emmanuel Ochayi

10 months ago

CPPE Highlights Why Nigerian Govt Should Review Customs FX Rate For Cargo Clearance

Business·Latest News

FX Rate: Customs Exchange Rate Drops Below Official, Parallel Market Rates

According to the current update available on the Nigeria Customs Service’s (NCS) exchange rate portal, the Foreign exchange (FX) rate for cargo clearance has dropped to N1,164.84/$, below both official and black

Emmanuel Ochayi

10 months ago

Business·Latest News·Oil & Gas

Why SERAP sues NNPC Over Failure To Account For $2.04 billion, N164 billion In Oil Revenues

The Socio-Economic Rights and Accountability Project (SERAP) is filing a lawsuit against the Nigerian National Petroleum Corporation (NNPC) over the company’s inability to clarify and account for the missing $2.04 billion and

Emmanuel Ochayi

10 months ago

Minimum Wage: Labour To Reject N100,000 Proposal By Nigerian Govt As Negotiations Continues On Tuesday

Business·Latest News

Why Minimum Wage May Not Be Less Than N100,000 – Analyst

Paul Alaje, chief economist at SPM Professionals, has stated that the new national minimum wage may not be less than N100,000. He made this statement in an interview in light of the

Emmanuel Ochayi

10 months ago

Business·Latest News

NAF Airstrikes Destroys Illegal Refineries, Kill Terrorist In Niger State, Niger Delta

The Nigerian Air Force (NAF) has carried out successful airstrikes on illegal refineries sites and terrorist hideouts in Niger State and the Niger Delta region. According to a statement by NAF’s Director

Emmanuel Ochayi

10 months ago

Business·Latest News

Yahaya Bello: EFCC Confirms Receipt Of $760,000 Refund For Ex-Governor’s Children’s School Fees

The return of $760,000 that former Kogi State Governor Yahaya Bello paid as advanced school fees for his children at the American International School, Abuja, has been validated by the Economic and

Emmanuel Ochayi

10 months ago

Business·Latest News

Airtel, MTN, Others Seek NCC Approval For Tariff Hike Amid Economic Challenges

Through the Nigerian Communications Commission (NCC), the Federal Government has been petitioned to hike tariffs by the Association of Telecom Companies of Nigeria and the Association of Licenced Telecom Companies of Nigeria.

Emmanuel Ochayi

10 months ago

United States To Assist Ukraine With $6bn Military Aid Package

According to two United States sources, the United States is about to unveil one of its biggest military aid packages for Ukraine, valued at up to $6 billion. To aid Ukraine’s soldiers

Emmanuel Ochayi

10 months ago

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Emmanuel Ochayi

Naira Strengthens To 1,275/$ At parallel market, Senate Calls For Efforts To Sustain Stability

FX Market: BDC Operators Unveils Plan For Unified Retail Market To Tackle Volatility

More Than 20% Of Nigerians Uses Bitcoin For Transaction Daily- Report

FX Rate: Customs Exchange Rate Drops Below Official, Parallel Market Rates

Why SERAP sues NNPC Over Failure To Account For $2.04 billion, N164 billion In Oil Revenues

Why Minimum Wage May Not Be Less Than N100,000 – Analyst

NAF Airstrikes Destroys Illegal Refineries, Kill Terrorist In Niger State, Niger Delta

Yahaya Bello: EFCC Confirms Receipt Of $760,000 Refund For Ex-Governor’s Children’s School Fees

Airtel, MTN, Others Seek NCC Approval For Tariff Hike Amid Economic Challenges

United States To Assist Ukraine With $6bn Military Aid Package

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