Emmanuel Ochayi, Author at Prime Business Africa

Food Crisis: Nigerian Govt Launches Distribution Of 42,000MT Of Grains Across The Nation

The Nigerian government has commenced the distribution of 42,000 metric tonnes of grains across the nation, aiming to alleviate the food crisis exacerbated by the ongoing economic challenges. The initiative, spearheaded by

Emmanuel Ochayi

11 months ago

Ukraine's Security In Peril: UK's Diplomat Urges Swift Aid From US

Ukraine’s Security In Peril: UK’s Diplomat Urges Aid From US

British Foreign Minister David Cameron, during his visit to Washington, will sound a dire warning about the precarious state of security in the West due to delayed aid to Ukraine from the

Emmanuel Ochayi

11 months ago

Business·Latest News·Markets

FX Crisis: Financial Expert Urges Diversification To Reduce Dollar Dependence

Praise Ihensekhien, a financial expert at Meristem Securities Limited, has suggested that the Nigerian government should consider adopting alternative currencies for import transactions to alleviate the FX crisis and stabilize the Naira.

Emmanuel Ochayi

11 months ago

US 2024: Trump Gets Sweeping In Haley's Home State Of South Carolina

US Election: Trump Says He Wants Immigrants From ‘Nice’ Countries

Former President Donald Trump sparked controversy during a high-dollar fundraiser in Palm Beach, Florida, with his remarks on immigration, suggesting a preference for migrants from “nice” countries like Denmark and Switzerland. Speaking

Emmanuel Ochayi

11 months ago

Why Nigerian Govt Fails To Meet 6,000MW Power Target – Minister

Business·Latest News

$2.3bn Siemens Power Project Transformers Arrive Nigeria, Minister Confirms

Minister of Power, Adebayo Adelabu, announced on Sunday that transformers and substations designated for the $2.3bn Siemens power project have reached the country, marking significant progress in the project’s implementation. “In 2018,

Emmanuel Ochayi

11 months ago

Nigeria's Equity Market Rises By N2.5bn In February Despite Volatility

Business·Latest News·Markets

Volatile Week As Equity Market Sheds N623bn In Value

Last week, the equity market in Nigeria faced turbulence, losing N623bn in value as fund managers maneuvered their portfolios ahead of the impending first-quarter results. The market indices took a hit, with

Emmanuel Ochayi

11 months ago

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

Business·Finance & Economy·Latest News

CBN Explains $950m Drop In External Reserves In 17 Days

Nigeria’s Central Bank, CBN, shed light on the drop of $950 million in the nation’s external reserves over 17 days, marking a notable economic shift in the country. According to recent data

Emmanuel Ochayi

11 months ago

Oil Prices Surge Amid Middle East Conflict Fears, Brent Crude Nears $80 Per Barrel

Latest News·Markets·Oil & Gas·World News

Iran-Israeli Crisis: Crude Oil Prices Surged Beyond $90 Per Barrel

Crude oil prices have surged beyond $90 a barrel, riding on the wave of escalating global tensions. Analysts attribute the spike to apprehensions surrounding potential supply disruptions, primarily fueled by the ongoing

Emmanuel Ochayi

11 months ago

Naira Ends Week With N59.71 Gain At Official Market

Business·Latest News·Markets

Bureaux De Change Operators Urge CBN To Lower Exchange Rate

The Association of Bureaux De Change Operators of Nigeria (ABCON) has made a pressing appeal to the Central Bank of Nigeria (CBN) to consider adjusting its applicable exchange rate. ABCON’s National President,

Emmanuel Ochayi

11 months ago

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

Business·Latest News

Electricity Tariff Increase Threatens Long-term Sustainability Of Businesses Across Sectors – ACCI

The Abuja Chamber of Commerce and Industry (ACCI) has expressed apprehensions over the impact of the new electricity tariff increase on the long-term sustainability of businesses across various sectors. Speaking in Abuja,

Emmanuel Ochayi

11 months ago

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Emmanuel Ochayi

Food Crisis: Nigerian Govt Launches Distribution Of 42,000MT Of Grains Across The Nation

Ukraine’s Security In Peril: UK’s Diplomat Urges Aid From US

FX Crisis: Financial Expert Urges Diversification To Reduce Dollar Dependence

US Election: Trump Says He Wants Immigrants From ‘Nice’ Countries

$2.3bn Siemens Power Project Transformers Arrive Nigeria, Minister Confirms

Volatile Week As Equity Market Sheds N623bn In Value

CBN Explains $950m Drop In External Reserves In 17 Days

Iran-Israeli Crisis: Crude Oil Prices Surged Beyond $90 Per Barrel

Bureaux De Change Operators Urge CBN To Lower Exchange Rate

Electricity Tariff Increase Threatens Long-term Sustainability Of Businesses Across Sectors – ACCI

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