Emmanuel Ochayi, Author at Prime Business Africa

700MW Zungeru Hydropower Plant 99.8% Ready- Minister Of Power Reveals

700MW Zungeru Hydropower Plant 99% Ready – Minister Of Power Reveals

Nigeria’s Minister of Power, Adebayo Adelabu announced that the Zungeru hydropower plant, with a capacity of 700 megawatts (MW), stands at 99.8% readiness for operations and is poised to commence functioning this

Emmanuel Ochayi

1 year ago

UK Jobs Market Hits Brakes As Wage Growth Slows, Fuel Rate Speculation

The latest official figures released by the Office for National Statistics have unveiled a concerning trend in the UK’s job market, indicating a slowdown in wage growth and a decline in job

Emmanuel Ochayi

1 year ago

Business·Latest News

CAC To Delist 91,843 Companies For Failing Annual Returns; Alters Initial Removal Figure

In a move by the Corporate Affairs Commission (CAC), 91,843 companies face delisting due to non-compliance with annual return filings, a reduction from the earlier anticipated number. The CAC unveiled a list

Emmanuel Ochayi

1 year ago

#Nigeria@64: Naira-for-Crude Deal Kicks Off TuesdayAs Nigeria Set To Save Over $7bn

Business·Latest News·Oil & Gas

Ex-NNPC Executive Foresees Economic Boost, Environmental Concerns From Dangote Refinery

Dr. Godswill Ihetu, a former top executive at NNPC Limited and Nigeria LNG Limited, provided insights into the impending impact of the Dangote Refinery on Nigeria’s economy. “The commissioning process is underway,

Emmanuel Ochayi

1 year ago

Business·FEATURES·Finance & Economy·Latest News

Nigeria’s Moody’s Rating Upgrade: A Testament To Reform’s Impact- Analyst

Moody’s Investors Service, a globally recognized rating agency, shifted Nigeria’s credit outlook from stable to positive, marking a potential turning point in the nation’s fiscal and external trajectory due to robust governmental

Emmanuel Ochayi

1 year ago

Nigerian Naira Vs US Dollar: What To Expect This week?

Business·Currency·Latest News

Naira Bounces Back, Appreciates To N864/ $1 In Official Market

In a turn of events, the Naira staged a comeback against the dollar, marking a 27.16% appreciation at the official market on Monday, December 11th, 2023. Following its historical low just days

Emmanuel Ochayi

1 year ago

Equity Market Begins July With 0.04% Decline

Business·Latest News·Markets

ASI Appreciates By 0.16% Amidst Quiet Trading, Big Stocks Propel N70bn Gain

In a day marked by relatively subdued market activity, the Nigerian Exchange Group (NGX) All-Share Index displayed resilience, edging up by 0.16% to close at 71,669.91 points. This gain, although modest, underscored

Emmanuel Ochayi

1 year ago

Economy: Don’t Suffocate Businesses, CPPE Warns Regulatory Agencies

Business·Currency·Latest News

CPPE Urges CBN To Reconsider Exchange Rate Surge For Sustainable Economic Growth

Dr. Muda Yusuf, CEO of the Centre for Promotion of Private Enterprise (CPPE), raised concerns over the Central Bank’s decision to elevate the customs exchange rate, emphasizing the potential detrimental impact on

Emmanuel Ochayi

1 year ago

Nigerian Equities Surge To Global Top 3, As Returns Hit N8.7trn

Business·Latest News·Markets

Nigerian Banking Index Soars By 6.08% As Capital Adequacy Concerns Spark Investor Caution

The Nigerian Exchange Limited witnessed a surge in the banking index, marking a notable 6.08% increase in investor wealth by N66 billion this past week. However, this upward trajectory was met with

Emmanuel Ochayi

1 year ago

Lagos Gov Sanwo-olu Under Fire Over ‘N7.5m Fragrance, N18m Christmas Chickens’

Business·Latest News

CACOBAG Urges Lagos Govt To Tackle Corruption Among Building Agency

A non-governmental organization, Coalition Against Corruption and Bad Governance (CACOBAG), has issued a direct plea to Governor Babajide Sanwo-Olu of Lagos State to address corrupt practices within the Lagos State Building Control

Emmanuel Ochayi

1 year ago

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Emmanuel Ochayi

700MW Zungeru Hydropower Plant 99% Ready – Minister Of Power Reveals

UK Jobs Market Hits Brakes As Wage Growth Slows, Fuel Rate Speculation

CAC To Delist 91,843 Companies For Failing Annual Returns; Alters Initial Removal Figure

Ex-NNPC Executive Foresees Economic Boost, Environmental Concerns From Dangote Refinery

Nigeria’s Moody’s Rating Upgrade: A Testament To Reform’s Impact- Analyst

Naira Bounces Back, Appreciates To N864/ $1 In Official Market

ASI Appreciates By 0.16% Amidst Quiet Trading, Big Stocks Propel N70bn Gain

CPPE Urges CBN To Reconsider Exchange Rate Surge For Sustainable Economic Growth

Nigerian Banking Index Soars By 6.08% As Capital Adequacy Concerns Spark Investor Caution

CACOBAG Urges Lagos Govt To Tackle Corruption Among Building Agency

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