Emmanuel Ochayi, Author at Prime Business Africa

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

NGX: Market Equities Gain N898bn As ASI Appreciates By 1.57%

The NGX witnessed a robust bullish trend, propelling the All-Share Index to a 1.57% appreciation, closing at 104,421.23 points. Dangote Sugar played a pivotal role, securing a 7.17% gain, while banking stocks

Emmanuel Ochayi

1 year ago

Business·Latest News

Nigerian Govt, AfDB Unveils $617m IDICE Fund To Ignite Creative Economy Boom

Nigeria's Minister of Art, Culture, and Creative Economy, Hannatu Musawa, announced the launch of the $617 million Investment in Digital and Creative Enterprises (IDICE) Fund, a collaborative effort with the African Development

Emmanuel Ochayi

1 year ago

First Transshipment Vessel Arrives Lekki Port

Business

Lekki Port Now Strategic Hub As Nigeria-China Trade Hits $22bn

Yan Yuqing, the Consul General of China in Nigeria, announced that bilateral trade between the two nations reached $22.6 billion in 2023. Speaking at the arrival ceremony of the CMA CGM Scandola,

Emmanuel Ochayi

1 year ago

Business·Latest News

NDIC, EFCC Seek Probe Of N3.6bn Fraud Linked To Ex-NDDC Director’s Bank Failures

The Economic and Financial Crimes Commission (EFCC) is joining forces with the Nigeria Deposit Insurance Corporation (NDIC) to investigate and prosecute individuals responsible for potential bank failures stemming from financial misconduct. The

Emmanuel Ochayi

1 year ago

Maintaining Healthy Diet For Nigerians Surge From N703 To N786- NBS Reveals

Business·Latest News

Cost Of Maintaining Healthy Diet In Nigeria Surges To N786 – NBS

The National Bureau of Statistics (NBS) disclosed yesterday that the average cost of maintaining a healthy diet for Nigerian adults has surged from N703 in October to N786 in December 2023. The

Emmanuel Ochayi

1 year ago

Business·Latest News

Economic Turmoil Unleashed As EFCC Targets Forex Traders Amidst Chaos, Confusion

In a turn of events, the Economic and Financial Crimes Commission (EFCC) launched a crackdown on Bureau de Change (BDC) operators, sending shockwaves through the financial markets. The operation aimed to apprehend

Emmanuel Ochayi

1 year ago

CBN Reforms Yielding Positive Returns As FX Transactions Surge To $800m, CBN Gov Assert

Business·Finance & Economy·Latest News

How Currency In Circulation Surged By N890bn In 3 Months Under Cardoso

Nigeria has witnessed a surge in currency in circulation (CIC), with an increase of N890 billion within the short span of three months under the leadership of Governor Cardoso at the Central

Emmanuel Ochayi

1 year ago

Nigeria's Crude Oil Production Decline Costs Country N720bn In Revenue In 2 Months

Israel-Hamas: Ceasefire Rumors, Refinery Outage Trigger 2% Drop In Oil Prices

Oil prices experienced a 2% decline on Thursday, attributed to unverified reports of a possible ceasefire between Israel and Hamas, alongside a major U.S. refinery shutting down due to a power outage.

Emmanuel Ochayi

1 year ago

Elon Musk Pleads With Advertisers To Return X Amid Controversies, Pledges Commitment to Child Safety

In a move, X, owned by Elon Musk, formerly Twitter, is reaching out to advertisers, emphasizing a commitment to child safety. CEO Linda Yaccarino’s plea follows Musk’s dismissal of advertiser concerns, aiming

Emmanuel Ochayi

1 year ago

#Nigeria@64: LCCI Calls For Bold Economic Reforms to Address Insecurity, Inflation, Oil Theft

Business·Latest News

Nigeria’s Forex Crisis Rooted In Weak Industrial Capacity – LCCI

Gabriel Idahosa, President of the Lagos Chamber of Commerce and Industry, revealed that Nigeria’s prolonged foreign exchange crisis stems from its feeble industrial capacity. Idahosa emphasized the absence of a determined will

Emmanuel Ochayi

1 year ago

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Emmanuel Ochayi

NGX: Market Equities Gain N898bn As ASI Appreciates By 1.57%

Nigerian Govt, AfDB Unveils $617m IDICE Fund To Ignite Creative Economy Boom

Lekki Port Now Strategic Hub As Nigeria-China Trade Hits $22bn

NDIC, EFCC Seek Probe Of N3.6bn Fraud Linked To Ex-NDDC Director’s Bank Failures

Cost Of Maintaining Healthy Diet In Nigeria Surges To N786 – NBS

Economic Turmoil Unleashed As EFCC Targets Forex Traders Amidst Chaos, Confusion

How Currency In Circulation Surged By N890bn In 3 Months Under Cardoso

Israel-Hamas: Ceasefire Rumors, Refinery Outage Trigger 2% Drop In Oil Prices

Elon Musk Pleads With Advertisers To Return X Amid Controversies, Pledges Commitment to Child Safety

Nigeria’s Forex Crisis Rooted In Weak Industrial Capacity – LCCI

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