Emmanuel Ochayi, Author at Prime Business Africa

2 Killed In Las Vegas Shooting During Child Custody Deposition As Gunman Commits Suicide

In a turn of events, a man opened fire inside a law office during a child custody deposition hearing in the Summerlin area near Las Vegas, killing two people. The incident, which

Emmanuel Ochayi

11 months ago

Nigerian Equities Surge To Global Top 3, As Returns Hit N8.7trn

Business·Latest News·Markets

NGX Investors Witness N220bn Loss Amidst Market Volatility

NGX Investors in the Nigerian equities market found themselves grappling with a loss of N220 billion as trading came to a close on Monday. This downturn was underscored by the dip in

Emmanuel Ochayi

11 months ago

71.4% Of Nigerians Call For Interest Rate Reduction – CBN Survey

Business·Currency·Finance & Economy·Latest News

Why CBN Banned Use Of Foreign Currency Collaterals For Naira Loans

The Central Bank of Nigeria (CBN) has tightened regulations surrounding loan collaterals, specifically targeting the use of foreign currencies.

Emmanuel Ochayi

11 months ago

EFCC Recovers N30 Billion, Investigates 50 Bank Accounts In Betta Edu Probe

The Economic and Financial Crimes Commission (EFCC) has recovered N30 Billion and is investigating 50 Bank Accounts in the ongoing investigation involving the suspended Minister of Humanitarian Affairs and Poverty Alleviation, Betta

Emmanuel Ochayi

11 months ago

Africa·Business·Latest News

Nigeria To Receive $1bn Afreximbank Loan In May For Bolstering Economy

Nigeria is gearing up to receive a significant financial injection of $1.05 billion from Afreximbank, set to be unleashed next month. This syndicated loan, intricately linked to the nation’s oil reserves, aims

Emmanuel Ochayi

11 months ago

Nigerian Govt Spends ₦380bn On Electricity Subsidy In Q2 2024 — NERC

Business·Latest News

DisCos Blame Technical Glitches For Inability To Maintain 20-Hour Power Supply

Several electricity distribution companies, commonly known as DisCos, are facing challenges in providing the mandated 20-hour power supply to customers on Band A feeders. This failure has led to apologies and explanations

Emmanuel Ochayi

11 months ago

Kenya On The Risk Of Losing Billions To Its Financial System- United States Warns

Africa·Latest News·World News

Kenya At Risk Of Losing Billions To Its Financial System- United States Warns

The United States has issued a stark warning to Kenya, cautioning that its major financial system, the Integrated Financial Management Information System (Ifmis), is at risk of losing billions of shillings. According

Emmanuel Ochayi

11 months ago

$2bn Stolen In Cryptocurrencies In 2023 - Report

Business·Latest News·Markets·World News

Cryptocurrency Market Set To Double To $5bn By End Of 2024, Ripple CEO Predicts

Ripple CEO Brad Garlinghouse made a bold prediction, foreseeing the cryptocurrency market’s capitalization reaching a whopping $5 trillion by the year’s end. This forecast, he says, is underpinned by two significant developments:

Emmanuel Ochayi

11 months ago

NNPC: Petrol Import To Stop As Port Harcourt Refinery Begins Operations Soon

Business·Latest News·Oil & Gas

NNPCL Slow To Settle $3bn Debt To Oil Traders, Cites Rising Global Prices, Refinery Progress

The Nigerian National Petroleum Company Limited (NNPCL) is facing scrutiny over its sluggish repayment of $3 billion debt owed to oil traders for imported petrol. Despite making progress in clearing the overdue

Emmanuel Ochayi

11 months ago

BOBRISKY Bobrisky, Other Celebrities Arrested For Abusing The Naira

Entertainment·Latest News

Why Bobrisky May Spend Eid-il-Fitri Holiday In Custody

Controversial social media influencer and crossdresser, Okuneye Idris, popularly known as Bobrisky, could find himself spending the upcoming Eid-il-Fitri holiday behind bars. The development comes after his conviction on Friday by a

Emmanuel Ochayi

11 months ago

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Emmanuel Ochayi

2 Killed In Las Vegas Shooting During Child Custody Deposition As Gunman Commits Suicide

NGX Investors Witness N220bn Loss Amidst Market Volatility

Why CBN Banned Use Of Foreign Currency Collaterals For Naira Loans

EFCC Recovers N30 Billion, Investigates 50 Bank Accounts In Betta Edu Probe

Nigeria To Receive $1bn Afreximbank Loan In May For Bolstering Economy

DisCos Blame Technical Glitches For Inability To Maintain 20-Hour Power Supply

Kenya At Risk Of Losing Billions To Its Financial System- United States Warns

Cryptocurrency Market Set To Double To $5bn By End Of 2024, Ripple CEO Predicts

NNPCL Slow To Settle $3bn Debt To Oil Traders, Cites Rising Global Prices, Refinery Progress

Why Bobrisky May Spend Eid-il-Fitri Holiday In Custody

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