Emmanuel Ochayi, Author at Prime Business Africa

Nigerian Stock Market Gains N884 Billion As Investors Push Market Higher

Nigeria’s Equity Market Rises On First Trading Day Of 2025

Nigeria’s equity market started 2025 on a positive trajectory, with a 0.25% rise in the NGX All Share Index (ASI). This increase brought the ASI to 102,926.4 points, while the overall market

Emmanuel Ochayi

1 month ago

Business·Latest News·Oil & Gas·World News

Global Oil Prices Rise By $74.80/barrel As Investors Eye China, U.S. Policies

Global oil prices showed a minor increase on the first trading day of 2025, reflecting cautious optimism among investors. Brent crude futures rose by 17 cents, reaching $74.80 per barrel by 0547

Emmanuel Ochayi

1 month ago

US Stocks Rises More Than 20% For Second Year As AI Drives Big Tech Gains

US stocks closed 2024 with remarkable gains, with the S&P 500 rising 23.3%—marking its best two-year performance in over 20 years. The rally was largely driven by investor enthusiasm for artificial intelligence,

Emmanuel Ochayi

1 month ago

Naira Holds Steady As CBN Extends Dollar Access To BDC Operators

Business·Latest News·Markets

Naira Opens New Year With Stable Performance Across FX Markets

The naira started 2025 with a stable performance in the Nigerian Foreign Exchange Market (NFEM). Data from the Central Bank of Nigeria (CBN) revealed that the currency opened at N1,538.50 to the

Emmanuel Ochayi

1 month ago

Debt Servicing In Nigeria 2025 Budget: What Is Debt Servicing, Why Does It Matter?

Business·FEATURES·Latest News

2025 Budget: Why Debt Servicing Matters

Debt servicing has become a major financial burden for Nigeria, taking precedence over other critical sectors like education, health, and infrastructure. The proposed 2025 budget, tagged the “Budget of Restoration: Securing Peace,

Emmanuel Ochayi

1 month ago

Facts About Matthew Whitaker, Trump’s Pick For America’s Ambassador To NATO

Donald Trump has chosen Matthew Whitaker, a former acting attorney general, to serve as the United States ambassador to NATO. Whitaker’s appointment has raised questions due to his lack of experience in

Emmanuel Ochayi

1 month ago

Business·Latest News·Markets

Nigeria’s Equity Market 2024 Top 10 Performing Stocks

The Nigerian All-Share Index (ASI) grew by 37.65% in 2024, continuing a five-year bullish streak. Starting the year at 74,773.98 points, the ASI peaked at 104,562 points in March before experiencing mid-year

Emmanuel Ochayi

1 month ago

How Saudi Arabia Executed 338 People For Drug Trafficking, Others In 2024 – Report

How Saudi Arabia Executed 338 People For Drug Trafficking – Report

Saudi Arabia executed 338 individuals in 2024, marking a record-breaking year for capital punishment in the kingdom. This includes six Iranians convicted of drug trafficking, as reported by the Saudi interior ministry

Emmanuel Ochayi

1 month ago

Why 7% Education Budget In 2025 Will Not Bring Any Change – ASUU

Why 7% 2025 Education Budget Will Not Bring Any Change – ASUU

The Academic Staff Union of Universities (ASUU) has criticised the Federal Government for allocating only 7% (N3.52 trillion) of the 2025 budget to education. The union argues that this allocation falls short

Emmanuel Ochayi

1 month ago

Business·FEATURES·Latest News

Inflation: Will Tinubu’s Economic Reforms Save Nigerians Or Break Them In 2025?

Inflation has been described as the cruellest tax, silently eroding purchasing power and deepening poverty. In Nigeria, the situation has reached alarming heights, with inflation hitting 34.6%—a 28-year high. The government has

Emmanuel Ochayi

1 month ago

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Emmanuel Ochayi

Nigeria’s Equity Market Rises On First Trading Day Of 2025

Global Oil Prices Rise By $74.80/barrel As Investors Eye China, U.S. Policies

US Stocks Rises More Than 20% For Second Year As AI Drives Big Tech Gains

Naira Opens New Year With Stable Performance Across FX Markets

2025 Budget: Why Debt Servicing Matters

Facts About Matthew Whitaker, Trump’s Pick For America’s Ambassador To NATO

Nigeria’s Equity Market 2024 Top 10 Performing Stocks

How Saudi Arabia Executed 338 People For Drug Trafficking – Report

Why 7% 2025 Education Budget Will Not Bring Any Change – ASUU

Inflation: Will Tinubu’s Economic Reforms Save Nigerians Or Break Them In 2025?

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