Emmanuel Ochayi, Author at Prime Business Africa

Nestlé Sugar Addition In Infant Milk Raises Concerns In Nigeria, Poorer Countries As NAFDAC Faces Criticism

NAFDAC Under Attack Over Reported Sugar Addition In Nestle Infant Milk

The National Agency for Food and Drug Administration and Control (NAFDAC) is facing scrutiny and backlash following reports of sugar addition in Nestlé infant milk products in the country and other poorer

Emmanuel Ochayi

11 months ago

How EFEMS Transparency Fuels Naira Demand In Parallel Market

Business·Latest News·Markets

BDCs Now Buying Dollars At N980/$1, Selling At N1,020– ABCON President

The President of the Association of Bureau De Change Operators of Nigeria (ABCON), Aminu Gwadebe, expressed satisfaction with the rise of the naira against the United States Dollar, citing it as an

Emmanuel Ochayi

11 months ago

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

Business·Latest News

FCCPC Intensifies Efforts To Curb Unfair Pricing In Nigerian Market Amid Naira Appreciation

The Federal Competition and Consumer Protection Commission (FCCPC) is stepping up its efforts to ensure fair pricing practices across Nigeria, aiming to shield consumers from unjust price hikes in both formal and

Emmanuel Ochayi

11 months ago

Naira Falls To N1,500 per Dollar As FX Scarcity Worsens

Business·Latest News

Nigeria’s FX Reserves Drop By $2.16bn In 29 Days

Nigeria’s foreign exchange (FX) reserves are taking a sharp nosedive, with a decrease of approximately $2.16 billion over a span of 29 days, despite the Central Bank of Nigeria (CBN) striving to

Emmanuel Ochayi

11 months ago

Business·Latest News·Markets

Dangote Refinery Slashes Diesel Price To N1000/Litre, Marketers Hail Move

The Dangote Petroleum Refinery has announced a reduction in the price of Automotive Gas Oil, commonly known as diesel. The reduction, from N1,200/litre to N1,000/litre, marks a pivotal moment for the downstream

Emmanuel Ochayi

11 months ago

Why Nigerian Govt Need Supplementary Budget To Pay minimum wage- IMF

Business·Latest News

IMF Raises Forecast On Nigeria’s GDP In 2024 To 3.3% Amid Improved Economic Outlook

The International Monetary Fund (IMF) announced a positive adjustment of its forecast for Nigeria’s Gross Domestic Product (GDP). The country’s GDP is now expected to grow from 2.9 per cent in 2023

Emmanuel Ochayi

11 months ago

Business·Latest News·Markets

Nigerian Govt Pays About N600bn Monthly For Fuel Subsidy – Rainoil CEO

Gabriel Ogbechie, CEO of Rainoil Limited, revealed that the federal government has reinstated fuel subsidy, and pays about N600 billion monthly due to the devaluation of the Naira in the foreign exchange

Emmanuel Ochayi

11 months ago

Business·Latest News

NDLEA Destroys Over 300,000 Kilograms Of Drugs In Lagos, Ogun State

In a decisive move against drug trafficking and abuse, the National Drug Law Enforcement Agency (NDLEA) obliterated a significant cache of narcotics, totaling 304,436 kilograms and 40,042 liters. The operation, conducted on

Emmanuel Ochayi

11 months ago

Africa·Business·Latest News·World News

OPEC Woos Namibia As African Nation Aims For Oil Production By  2030

The Organization of Petroleum Exporting Countries (OPEC) is eyeing Namibia as a potential addition to its ranks following significant oil discoveries within the country’s borders. With Angola and other key players slipping

Emmanuel Ochayi

11 months ago

UNILAG VC Urges Academics To Recommit To The Purpose Of Higher Education

The Vice-Chancellor of the University of Lagos, (UNILAG VC), Professor Folasade Ogunsola, has urged academics to revitalize the essence of higher education Addressing scholars during a recent training workshop at the Lagos

Emmanuel Ochayi

11 months ago

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Emmanuel Ochayi

NAFDAC Under Attack Over Reported Sugar Addition In Nestle Infant Milk

BDCs Now Buying Dollars At N980/$1, Selling At N1,020– ABCON President

FCCPC Intensifies Efforts To Curb Unfair Pricing In Nigerian Market Amid Naira Appreciation

Nigeria’s FX Reserves Drop By $2.16bn In 29 Days

Dangote Refinery Slashes Diesel Price To N1000/Litre, Marketers Hail Move

IMF Raises Forecast On Nigeria’s GDP In 2024 To 3.3% Amid Improved Economic Outlook

Nigerian Govt Pays About N600bn Monthly For Fuel Subsidy – Rainoil CEO

NDLEA Destroys Over 300,000 Kilograms Of Drugs In Lagos, Ogun State

OPEC Woos Namibia As African Nation Aims For Oil Production By  2030

UNILAG VC Urges Academics To Recommit To The Purpose Of Higher Education

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