Emmanuel Ochayi, Author at Prime Business Africa

Naira vs Dollar: What To Expect This Week

Naira Appreciates To N1,590/$1 In Black Market

The Naira appreciated to N1,590 per dollar in the black market on Wednesday, breaking the N1,600 mark. This marks a 4.7% gain in one month, as the local currency rose from N1,665

Emmanuel Ochayi

1 month ago

Naira Crisis: The Hidden Truth Of Dollar Hoarding

Business·Markets·News

Naira Holds Steady As CBN Extends Dollar Access To BDC Operators

The naira closed flat on Tuesday across foreign exchange (FX) markets following reduced demand and improved liquidity. This development came as the Central Bank of Nigeria (CBN) extended access to Bureau De

Emmanuel Ochayi

1 month ago

Banking In Nigeria: A Tale Of Frustration, Long Queues, High POS Charges

Business·FEATURES·Finance & Economy·News

Banking In Nigeria: Tale Of Frustration, Long Queues, High POS Charges

In recent years, Nigeria’s banking landscape has shifted dramatically. The rise of Point-of-Sale (POS) operators has transformed how many Nigerians access their money. While these agents offer convenience, they’ve also introduced new

Emmanuel Ochayi

1 month ago

Nigeria's Stock Market Declines As Investors Lose N366bn In One Week

Business·Markets·News

Nigeria’s Equity Market Gains 0.15% As Northern Nigeria Flour Mills, Beta Glass Lead Rally

Nigeria’s equity market extended its positive momentum on Tuesday, rising by 0.15%. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) moved from 104,630.3 points to 104,788.35 points. Similarly, the equity market capitalization

Emmanuel Ochayi

1 month ago

Business·News

Nigeria’s External Reserve Drops By $1.19bn In Less Than One Month

Nigeria’s external reserve has dropped by $1.19 billion in just three weeks and five days, according to data from the Central Bank of Nigeria (CBN). The gross external reserve, which stood at

Emmanuel Ochayi

1 month ago

News·Technology·World News

Crypto Market Surges As President Trump Pauses Tariffs On Canada, Mexico

The crypto market experienced a rebound after U.S. President Donald Trump agreed to halt proposed tariffs on Canada and Mexico temporarily as reported by Prime Business Africa. This decision comes as negotiations

Emmanuel Ochayi

1 month ago

Business·News·Oil & Gas

Petrol Price Drops To N925 At Private Depots, Marketers Count Losses

The price of Premium Motor Spirit (PMS), commonly known as petrol, has dropped to N925 per litre at private depots. This reduction follows Dangote Petroleum Refinery’s decision to lower its ex-depot price

Emmanuel Ochayi

1 month ago

China Hits Back On Trump With Tariffs On U.S. Imports

News·World News

China Hits Back At Trump With Tariffs On U.S. Imports

China has announced new tariffs on U.S. imports in response to Washington’s latest trade restrictions. The country will impose a 15% tariff on coal and liquefied natural gas (LNG) and a 10%

Emmanuel Ochayi

1 month ago

Nigeria's Equity Market Declines By 0.07% As Investors Remain Cautious

Business·Markets·News

Nigeria’s Stock Market Gains N83bn As Investors Buy Undervalued Stocks

Investors in Nigeria’s stock market gained about N83 billion on Monday, as the market’s key performance indicators closed higher by 0.13 per cent. The increase came as investors renewed interest in undervalued

Emmanuel Ochayi

1 month ago

Naira Gains Strength As Forex Speculators Face Heavy Losses

Business·Markets·News

Naira Gains Strength In Parallel Market, Trades at N1,605/$1

The Naira recorded a notable gain in the parallel market on Monday, appreciating by N5 against the US dollar. According to sources from Prime Business Africa, the local currency traded at N1,605

Emmanuel Ochayi

1 month ago

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Emmanuel Ochayi

Naira Appreciates To N1,590/$1 In Black Market

Naira Holds Steady As CBN Extends Dollar Access To BDC Operators

Banking In Nigeria: Tale Of Frustration, Long Queues, High POS Charges

Nigeria’s Equity Market Gains 0.15% As Northern Nigeria Flour Mills, Beta Glass Lead Rally

Nigeria’s External Reserve Drops By $1.19bn In Less Than One Month

Crypto Market Surges As President Trump Pauses Tariffs On Canada, Mexico

Petrol Price Drops To N925 At Private Depots, Marketers Count Losses

China Hits Back At Trump With Tariffs On U.S. Imports

Nigeria’s Stock Market Gains N83bn As Investors Buy Undervalued Stocks

Naira Gains Strength In Parallel Market, Trades at N1,605/$1

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Wale Edun Woos Investors To Nigeria’s Energy Sector

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