Emmanuel Ochayi, Author at Prime Business Africa

Naira Crisis: The Hidden Truth Of Dollar Hoarding

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

Business·News·Oil & Gas

How NNPC, Oil Marketers Spend Over N5.5trn On Fuel Imports In 4 Months

The Nigerian National Petroleum Company (NNPC) Limited and some oil marketers spent over N5.5 trillion on fuel imports between October 1, 2024, and January 31, 2025. Despite the availability of locally refined

Emmanuel Ochayi

1 month ago

Telecom Tariff Hikes: The Business Struggle For SMEs In Nigeria

Business·FEATURES·News

Telecom Tariff Hikes: Business Struggle For SMEs In Nigeria

In recent weeks, Nigeria’s telecommunications landscape has been shaken by the Nigerian Communications Commission’s (NCC) approval of a 50% increase in tariffs for data, calls, and SMS services. This decision, marking the

Emmanuel Ochayi

1 month ago

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Emmanuel Ochayi

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

How NNPC, Oil Marketers Spend Over N5.5trn On Fuel Imports In 4 Months

Telecom Tariff Hikes: Business Struggle For SMEs In Nigeria

Featured Stories

Accelerating Action: Ongoing Struggle For Gender Equality In Nigeria And Africa

Fueling Uncertainty: What Government’s Naira-for-Crude Policy Means For Nigeria

2025 Budget: Can Nigeria Achieve N41trn Revenue Target?

Will Petrol Prices Stay Low, Or Are Nigerians Being Set Up For Another Price Hike?

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Renaissance Fully Takes Over Shell’s $2.4bn Onshore Asset In Nigeria

Experts Gather In Addis Ababa To Boost Economic, Social Development In Africa

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