Emmanuel Ochayi, Author at Prime Business Africa

N3.6bn Loan Fraud: EFCC Arrest Ex-Minister Of Commerce, Industry, One Other

The Economic and Financial Crimes Commission (EFCC) has apprehended the former Minister of Commerce and Industry, Charles Ugwu, in connection with an alleged conspiracy and loan fraud amounting to N3.6 billion. The

Emmanuel Ochayi

1 year ago

World News

AI Will Displace 40% Of Jobs Globally, IMF Warns Amid Inequality Concern

IMF Managing Director, Kristalina Georgieva, has asserted that artificial intelligence (AI) is poised to influence approximately 40% of global employment, with advanced economies facing both heightened risks and unique opportunities

Emmanuel Ochayi

1 year ago

Nigerian Govt To Probe Ajaokuta Steel N33bn Electricity Debt Amid TCN Disconnection

Business

National Assembly Raises Dormant Ajaokuta Steel’s Budget To N5.18bn With Inclusion Of Community Projects In Lagos, Others

The National Assembly has increased the budget for the Ajaokuta Steel Company to N5.18 billion, aiming to breathe life into the plant after 42 years of dormancy.

Emmanuel Ochayi

1 year ago

Ogunlesi's Networth To Hit $2.3bn As Blackrovk Set To Acquire GIP

Business

Ogunlesi’s Networth To Hit $2.3bn As Blackrock Set To Acquire GIP

In a $12.5 billion deal, Blackrock is set to acquire Global Infrastructure Partners, founded by Nigerian investment banker Adebayo Ogunlesi

Emmanuel Ochayi

1 year ago

Business

Nigeria’s Exchange Rate Will Soon Stabilise, Bagudu Assures Investors

Minister of Budget and Economic Planning, Atiku Bugudu, has assured investors that the exchange rate will soon stabilise following the president and Central Bank of Nigeria's economic reforms.

Emmanuel Ochayi

1 year ago

Business·Markets

Nigerian Stock Market Sprints Into 2024 With Robust Double-Digit Gains, Marking Bullish Trend

In a compelling start to the year, the Nigerian Exchange Limited has sprinted ahead with year-to-date gains surging to an impressive 11.06%

Emmanuel Ochayi

1 year ago

Latest News

EFCC Reopens Money Laundering Investigations Against 13 Ex-Governors, Ministers

EFCC has revived some money laundering cases, spotlighting a N853.8 billion scandal involving 13 former governors and ministers.

Emmanuel Ochayi

1 year ago

Dangote Refinery: Fueling Nigeria's Economic Resurgence or Monopoly Menace?

Business·FEATURES·Oil & Gas

Dangote Refinery: Will Petrol Price Crash?

In the ever-evolving saga of petrol prices, the Dangote Refinery emerges as a potential game-changer. While the answer to whether prices will crash remains elusive, a closer look at the intricacies reveals

Emmanuel Ochayi

1 year ago

Nigerian Minister Advocates Support For Indigenous Tech Firms

Latest News

Co-creation Hub Supports Edo State With $700,000 To Boost Investment In Tech Startup

In a move, Co-creation Hub (Cc Hub), the tech innovation center, has unveiled plans to inject $700,000 into Edo State’s burgeoning tech startup landscape. Dr. Bosun Tijani, the Minister of Communications, Innovation,

Emmanuel Ochayi

1 year ago

Food Prices Remain High In Nigeria As Beans, Rice, Yam Take The Lead

Latest News

Middle East Conflict May Deepen Food Crisis In Nigeria, Sub-Saharan Africa, World Bank Warns

World Bank's Global Economic Prospect report predicts a potential escalation of food insecurity across Nigeria and Sub-Saharan Africa due to heightened conflicts in the Middle East.

Emmanuel Ochayi

1 year ago

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Emmanuel Ochayi

N3.6bn Loan Fraud: EFCC Arrest Ex-Minister Of Commerce, Industry, One Other

AI Will Displace 40% Of Jobs Globally, IMF Warns Amid Inequality Concern

National Assembly Raises Dormant Ajaokuta Steel’s Budget To N5.18bn With Inclusion Of Community Projects In Lagos, Others

Ogunlesi’s Networth To Hit $2.3bn As Blackrock Set To Acquire GIP

Nigeria’s Exchange Rate Will Soon Stabilise, Bagudu Assures Investors

Nigerian Stock Market Sprints Into 2024 With Robust Double-Digit Gains, Marking Bullish Trend

EFCC Reopens Money Laundering Investigations Against 13 Ex-Governors, Ministers

Dangote Refinery: Will Petrol Price Crash?

Co-creation Hub Supports Edo State With $700,000 To Boost Investment In Tech Startup

Middle East Conflict May Deepen Food Crisis In Nigeria, Sub-Saharan Africa, World Bank Warns

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