Emmanuel Ochayi, Author at Prime Business Africa

Naira Gains Strength As Forex Speculators Face Heavy Losses

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

News·World News

Trump’s Tariff Threats Shake Global Stock Markets

Stock markets around the world fell sharply on Monday as investors reacted to U.S. President Donald Trump’s announcement of new tariffs on Canada, China, and Mexico. The financial sector saw heavy losses,

Emmanuel Ochayi

1 month ago

Naira Crisis: The Hidden Truth Of Dollar Hoarding

Business·Markets·News

Naira Strengthens By N63.72 Against Dollar As CBN Policies Boost Confidence

The naira recorded significant gains in January 2025, closing at N1,474.78 per dollar on January 31 at the Nigerian Foreign Exchange Market. This marked a 4.14% appreciation, gaining N63.72 against the dollar

Emmanuel Ochayi

1 month ago

News·Politics

Tinubu Did Not Order Obasa’s Reinstatement – Lagos Lawmakers

Members of the Lagos State House of Assembly have dismissed reports that President Bola Tinubu ordered them to reinstate former Speaker Mudashiru Obasa. A viral online report on Sunday claimed Tinubu had

Emmanuel Ochayi

1 month ago

Business·FEATURES·News·Oil & Gas

Dangote Refinery’s Fuel Price Reductions: Will Nigerians See Cheaper Petrol Soon?

The price cuts at Dangote Refinery have sparked much hope for Nigerians who have long struggled with high fuel prices. On February 1, 2025, the refinery announced a notable reduction in the

Emmanuel Ochayi

1 month ago

Nigeria's Stock Market Gains As NGX Rebounds After Two Days Of Losses

Business·Markets·News

Nigerian Stock Market Ends January 2025 On Strong Note With 1.52% Growth

The Nigerian stock market closed January 2025 with strong gains, as the All-Share Index (ASI) jumped by 1,567.55 points to settle at 104,496.12 points. This represents a 1.52% increase from the month’s

Emmanuel Ochayi

1 month ago

News·Politics

LG Autonomy: Why LGAs Failed To Receive Monthly Allocations From Federation Accounts For January

Local government areas (LGAs) across Nigeria have encountered a major hurdle in receiving their monthly allocations directly from the federation accounts. Despite gaining financial autonomy through a Supreme Court ruling in July

Emmanuel Ochayi

1 month ago

China Canada Mexico Vow Retaliation Against Sweeping US Tariffs

News·World News

Tariff War Escalates As Canada, Mexico, China Vow Retaliation

US President Donald Trump has announced sweeping tariffs on imports from Canada, Mexico, and China, setting the stage for a major trade battle. “Today’s tariff announcement is necessary to hold China, Mexico,

Emmanuel Ochayi

1 month ago

Business·News

20 Valentine’s Day Business Ideas To Make Quick Money

Valentine’s Day is not just about love; it is also a great business opportunity to make money. In 2023 alone, Americans spent nearly $26 billion on gifts, making it one of the

Emmanuel Ochayi

1 month ago

Business·FEATURES·News

Inflation: How To Protect Your Money In An Unstable Economy

In recent years, Nigeria has faced significant economic challenges, with inflation rates reaching unprecedented levels. As of November 2024, the country’s inflation rate soared to a near 30-year high of 34.6%, up

Emmanuel Ochayi

1 month ago

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Emmanuel Ochayi

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

Trump’s Tariff Threats Shake Global Stock Markets

Naira Strengthens By N63.72 Against Dollar As CBN Policies Boost Confidence

Tinubu Did Not Order Obasa’s Reinstatement – Lagos Lawmakers

Dangote Refinery’s Fuel Price Reductions: Will Nigerians See Cheaper Petrol Soon?

Nigerian Stock Market Ends January 2025 On Strong Note With 1.52% Growth

LG Autonomy: Why LGAs Failed To Receive Monthly Allocations From Federation Accounts For January

Tariff War Escalates As Canada, Mexico, China Vow Retaliation

20 Valentine’s Day Business Ideas To Make Quick Money

Inflation: How To Protect Your Money In An Unstable Economy

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