Emmanuel Ochayi, Author at Prime Business Africa

Nigerian Stock Market Declines As MPC Retains Key Interest Rates

NGX Bounces Back As Equity Market Gains N101bn Despite Tragic Loss Of Access Holdings

the Nigerian Stock Exchange (NSE) rebounded from last week's downturn, surging by N101 billion in Monday's trading session.

Emmanuel Ochayi

1 year ago

Business·World News

Australian Dollar Steadies Amid Risk-on Sentiment, US Dollar Weakness

While global markets remained relatively calm, the Australian Dollar (AUD) found stability despite intraday fluctuations, buoyed by a risk-on sentiment and a weaker US Dollar (USD).

Emmanuel Ochayi

1 year ago

Gold Near Record Highs Amidst Inflation Concerns

Business·Currency

Gold Price Steady Below $2,030 Amidst Geopolitical Tensions

Amidst a backdrop of geopolitical tensions in the Middle East and anticipation for upcoming US inflation data, gold prices remained range-bound below the $2,030 mark on Monday.

Emmanuel Ochayi

1 year ago

Nigerian Lawmakers Urge CBN To Combat Inflation, Emphasize Collaboration With NDIC

In a bid to address the pressing issue of inflation, the Senate Committee on Banking, Insurance & other Financial Institutions has urged the Central Bank of Nigeria (CBN) to take decisive action.

Emmanuel Ochayi

1 year ago

Nigerian Navy Set Ablaze 3 Illegal Oil Refining Sites In Bayelsa, Rivers

Nigerian Navy, operating under Operation Delta Sanity, have set ablaze three illegal oil refining sites in Rivers and Bayelsa States.

Emmanuel Ochayi

1 year ago

Nigeria’s power generation has risen to 5,313 Mega Watts (MW), first time in three years, says the Minister of Power, Bayo Adelabu.

Business·Power

7.1million Unmetered Electricity Consumers Overbilled By DisCos- Nigerian Govt Reveals

It has been uncovered that over 7.1 million unmetered electricity consumers were overbilled by power distribution companies (Discos) in Nigeria between January and September 2023.

Emmanuel Ochayi

1 year ago

IMF Sympathises With Victims Of Kenya Anti-tax Protest

Finance & Economy

IMF Warns Of Deepening Economic Crisis In Nigeria

In an assessment of Nigeria’s economic landscape, the International Monetary Fund (IMF) has sounded the alarm on the country’s challenges, pointing to stalled per-capita growth, soaring poverty rates, and escalating food insecurity

Emmanuel Ochayi

1 year ago

Business·Latest News

Cement Prices Soar By 100% In 3 Years, Hit N7,000 per Bag

In a turn of events, the price of cement in Nigeria has skyrocketed by 100% over the past three years, reaching an unprecedented high of N7,000 per bag. This surge, fueled by

Emmanuel Ochayi

1 year ago

Business·Latest News

Why Ban on Alcohol in Sachets Is Economic Sabotage- NECA Laments

The Nigeria Employers’ Consultative Association (NECA) has condemned the recent prohibition imposed by the National Agency for Food and Drug Administration and Control (NAFDAC) on packaging alcoholic beverages in sachets and small-sized

Emmanuel Ochayi

1 year ago

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

Trump To Encourage Russian Aggression Towards NATO Debtors

At a rally in South Carolina, former President Donald Trump stirred controversy by suggesting that the United States should encourage Russian aggression towards NATO members who fail to meet their financial obligations

Emmanuel Ochayi

1 year ago

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Emmanuel Ochayi

NGX Bounces Back As Equity Market Gains N101bn Despite Tragic Loss Of Access Holdings

Australian Dollar Steadies Amid Risk-on Sentiment, US Dollar Weakness

Gold Price Steady Below $2,030 Amidst Geopolitical Tensions

Nigerian Lawmakers Urge CBN To Combat Inflation, Emphasize Collaboration With NDIC

Nigerian Navy Set Ablaze 3 Illegal Oil Refining Sites In Bayelsa, Rivers

7.1million Unmetered Electricity Consumers Overbilled By DisCos- Nigerian Govt Reveals

IMF Warns Of Deepening Economic Crisis In Nigeria

Cement Prices Soar By 100% In 3 Years, Hit N7,000 per Bag

Why Ban on Alcohol in Sachets Is Economic Sabotage- NECA Laments

Trump To Encourage Russian Aggression Towards NATO Debtors

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