Emmanuel Ochayi, Author at Prime Business Africa

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

Naira Trades For N1,900/$1 Despite Rising Demand: CBN, EFCC Collaborate To Tackle Currency Speculators

The Nigerian Naira experienced a slight appreciation against the United States dollar in trading sessions, despite concerns over widening gaps between official and parallel market rates. As per data from the FMDQ

Emmanuel Ochayi

1 year ago

Elon Musk Reveals Human Brain-Controlled Mouse In Neuralink’s Trial

Elon Musk, the visionary behind ventures like SpaceX and Tesla, took center stage once again as he disclosed updates on Neuralink’s pioneering human trial. Speaking at an X Spaces event on Monday,

Emmanuel Ochayi

1 year ago

UN Calls For Probe Into Alleged Human Rights Violations Against Palestinian Women By Israeli Forces

United Nations experts have demanded an inquiry into what they term “credible allegations of egregious human rights violations” against Palestinian women and girls in Gaza and the West Bank by Israeli forces.

Emmanuel Ochayi

1 year ago

Business·Latest News·Oil & Gas

Nigerian Oil Marketers Demand End To Dollar Transactions To Alleviate Economic Strain

The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has raised a call for an end to dollar transactions within the Nigerian economy, citing the detrimental impact it poses on businesses

Emmanuel Ochayi

1 year ago

Nigeria's Equity Market Declines By 0.11% As Investors Trade Cautiously

Business·Latest News·Markets

Nigerian Equity Market Suffers Another Blow: N730bn Lost In Two Days

The Nigerian equity market faced a grim second consecutive day this week, shedding N730 billion on Tuesday alone. The downward spiral follows closely on the heels of a significant loss of N1.82

Emmanuel Ochayi

1 year ago

How EFEMS Transparency Fuels Naira Demand In Parallel Market

Business·Latest News·Markets

Nigerian Govt To Raise $10bn To Boost Foreign Exchange Liquidity As Naira Falls To N1,850/$1

In a bid to address the escalating challenges in the foreign exchange market, the Nigerian Federal Government has announced plans to secure a substantial sum of $10 billion. The aim is to

Emmanuel Ochayi

1 year ago

IMF Sympathises With Victims Of Kenya Anti-tax Protest

Business·Latest News

IMF Urges Nigeria To Boost Agriculture Inputs Amidst Soaring Food Prices

The International Monetary Fund (IMF) has sounded a clarion call to the Nigerian government, stressing the urgent need to bolster agricultural inputs to bolster production and alleviate the surging prices of food

Emmanuel Ochayi

1 year ago

AfDB Pledges Support To Lagos Health Sector, Aims To Curb Nigeria’s $1bn Monthly Medical Tourism Loss

Africa·Business·Latest News

AfDB: Nigeria, Ghana Witnessing Slowest Economic Growth As West Africa Grapple With Sluggish Growth In 2024

The economic outlook for West Africa in 2024 presents a mixed bag of fortunes, with Ghana and Nigeria facing the brunt of sluggish growth compared to their regional counterparts. According to the

Emmanuel Ochayi

1 year ago

Business·Latest News

NSA, EFCC To Collaborate With CBN To Curb Forex Crisis Amidst Economic Hardship

In a move aimed at tackling the rampant forex speculation plaguing Nigeria’s economy, the National Security Adviser’s Office (NSAO), under the leadership of Nuhu Ribadu, has joined hands with the Central Bank

Emmanuel Ochayi

1 year ago

Nigerian Govt To Audit N22.7trn Ways, Means Loan By Former President Buhari- Finance Minister

Probe Puts Bonds To Test: Tinubu Govt To Audit N22.7trn Ways, Means Loan By Former President Buhari

The Federal Government has embarked on a significant audit of the N22.7 trillion Ways and Means loan sanctioned during the previous administration of President Muhammadu Buhari. The announcement came from the Minister

Emmanuel Ochayi

1 year ago

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Emmanuel Ochayi

Naira Trades For N1,900/$1 Despite Rising Demand: CBN, EFCC Collaborate To Tackle Currency Speculators

Elon Musk Reveals Human Brain-Controlled Mouse In Neuralink’s Trial

UN Calls For Probe Into Alleged Human Rights Violations Against Palestinian Women By Israeli Forces

Nigerian Oil Marketers Demand End To Dollar Transactions To Alleviate Economic Strain

Nigerian Equity Market Suffers Another Blow: N730bn Lost In Two Days

Nigerian Govt To Raise $10bn To Boost Foreign Exchange Liquidity As Naira Falls To N1,850/$1

IMF Urges Nigeria To Boost Agriculture Inputs Amidst Soaring Food Prices

AfDB: Nigeria, Ghana Witnessing Slowest Economic Growth As West Africa Grapple With Sluggish Growth In 2024

NSA, EFCC To Collaborate With CBN To Curb Forex Crisis Amidst Economic Hardship

Probe Puts Bonds To Test: Tinubu Govt To Audit N22.7trn Ways, Means Loan By Former President Buhari

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