Emmanuel Ochayi, Author at Prime Business Africa

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

Nigerian Stock Market Sees Dip Of N156bn Amidst Banking Sector Blues

The Nigerian Stock Market on Friday faced a downturn, with the NGX All-Share Index dipping by 298.41 points, settling at 103,437.67 points. This decline mirrors a broader trend of diminishing market performance

Emmanuel Ochayi

11 months ago

Nearly Half Of U.S Citizens Seek Verdict On Trump's Election Subversion Charge As November Polls Approach

US Election: Trump $175m Appeal Bond In Fraud Case Under Scrutiny By NY State Lawyers

New York State Attorney General Letitia James demanded further details regarding the $175 million bond posted by former President Donald Trump. This move comes days after Trump’s legal team secured the bond

Emmanuel Ochayi

11 months ago

Africa·Business·Latest News

AfDB Boosts Nigerian Fertilizer Industry With $75m Loan

The African Development Bank (AfDB) has injected a financial boost into Nigeria’s agricultural sector through a $75 million loan agreement with Indorama Eleme Fertilizer and Chemicals Limited, as announced on Thursday. The

Emmanuel Ochayi

11 months ago

Binance CEO Leads 2024 Crypto Billionaires List Despite Money Laundering Charges

The cryptocurrency market is basking in the glow of a resurgence, with the former CEO of Binance, standing tall as the wealthiest in the crypto realm for the third consecutive year. “Despite

Emmanuel Ochayi

11 months ago

Nigeria's Equity Market Declines As Investors Sell Oando, Honeywell Flour Mills, Others

Business·Latest News·Markets

NGX: Investors Lose N252bn Amidst Bearish Nigerian Exchange Trend

The Nigerian Exchange witnessed a continuation of bearish trading on Thursday, leading to a loss of N252 billion for stock investors. This downturn marks a cumulative loss of approximately N467 billion since

Emmanuel Ochayi

11 months ago

FX Crisis: Financial Expert Urges Diversification To Reduce Dollar Dependence

Business·Latest News·Markets

FX Crisis: How Manufacturers Lost N1.5tn In Six Months, Says MAN

The Manufacturers Association of Nigeria (MAN) has disclosed that its members have experienced losses amounting to at least N1.5tn over the past six months due to a forex-related Crisis (FX Crisis). This

Emmanuel Ochayi

11 months ago

Business·Latest News

Naira Depreciation Spurs Surge In Raw Material Imports To N3trn- NBS Reveals

Imports of raw materials into Nigeria surged by 25 percent to N3 trillion in 2023, driven by the depreciation of the naira against the dollar. This increase was highlighted in the Foreign

Emmanuel Ochayi

11 months ago

Attack On Donald Trump 'Distasteful' - Tinubu

US Election: Judge Denies Trump Bid To Delay Manhattan Trial

The judge overseeing Donald Trump’s Manhattan trial dismissed his plea to push back the trial date. The ruling clears the way for the trial to proceed, marking a significant development in the

Emmanuel Ochayi

11 months ago

NGX ASI Further Drops By 0.67%, As BUA Cement, Eterna Among Top Losers

Business·Latest News·Markets

NGX Bearish Trend Continues Amidst Bank Recapitalization Plans

The NGX All-Share Index experienced a downward trajectory, reflecting investor concerns over the central bank’s proposed bank recapitalization strategies. Closing at 104,181.32 points, the index saw a decline of 336.82 points compared

Emmanuel Ochayi

11 months ago

Business·Latest News

Nigeria’s Public Debt: 10 Largest Creditors As Of December 2023

As of December 2023, Nigeria’s public debt surged to ₦97.34 trillion, according to data from the Debt Management Office (DMO). This marks a significant increase of 146% from the previous year, a

Emmanuel Ochayi

11 months ago

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Emmanuel Ochayi

Nigerian Stock Market Sees Dip Of N156bn Amidst Banking Sector Blues

US Election: Trump $175m Appeal Bond In Fraud Case Under Scrutiny By NY State Lawyers

AfDB Boosts Nigerian Fertilizer Industry With $75m Loan

Binance CEO Leads 2024 Crypto Billionaires List Despite Money Laundering Charges

NGX: Investors Lose N252bn Amidst Bearish Nigerian Exchange Trend

FX Crisis: How Manufacturers Lost N1.5tn In Six Months, Says MAN

Naira Depreciation Spurs Surge In Raw Material Imports To N3trn- NBS Reveals

US Election: Judge Denies Trump Bid To Delay Manhattan Trial

NGX Bearish Trend Continues Amidst Bank Recapitalization Plans

Nigeria’s Public Debt: 10 Largest Creditors As Of December 2023

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FCCPC Orders MultiChoice To Maintain Current Prices Pending Investigation

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

Ramadan Begins March 1 As Saudi Arabia Confirms Crescent Moon Sighting

NCDMB, APPO To Establish Centres Of Excellence In African Local Content Development

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