Emmanuel Ochayi, Author at Prime Business Africa

NBS: Food Prices Surge Nationwide, Prompting Concerns Over Affordability

A report released by the National Bureau of Statistics on Friday revealed that the cost of essential food items has surged across the nation, escalating worries about affordability and accessibility for consumers.

Emmanuel Ochayi

December 29, 2023

Naira Rises Against Dollar, Ends Week On Positive Note

Business·Currency·News

Nigeria’s Foreign Reserves Hit Six-Year Low At $32.87bn As Naira Struggles

Nigeria’s economic landscape faces fresh turmoil as the country’s foreign exchange reserves hit a bleak low, recording $32.87 billion at December’s close, marking a six-year nadir. The data, revealed via the Central

Emmanuel Ochayi

December 29, 2023

Business·Markets

Nigeria’s Treasury Bills Surpass N6.6trn In 2023 Amid Economic Headwinds

Issuance of the final Nigerian Treasury Bills for 2023 has enabled the Federal Government to raise N6.658 trillion this year, marking a notable 40.4% increase from 2022. “This surge in Treasury Bill

Emmanuel Ochayi

December 29, 2023

Business·Currency

Naira To Sustain Depreciation In 2024 – Analysis Reveals

A grim forecast by Bloomberg L.P. has surfaced, signaling a continued slump of the Naira throughout 2024.

Emmanuel Ochayi

December 29, 2023

Nigeria's Inflation Rate Hits 33.88% In October Amid Fresh Fuel Price Spike

Business·Finance & Economy

Nigerians Grapple With Soaring Living Costs, Borrow N740bn Amidst Inflation Surge

Nigerians have borrowed approximately N740 billion from banks between January and September this year, according to the Central Bank of Nigeria's quarterly economic reports.

Emmanuel Ochayi

December 29, 2023

Business·News

Nigeria’s Pension Fund Assets Surge To N17.658trn In October 2023

Nigeria’s pension fund assets skyrocketed to N17.658 trillion by the end of October.

Emmanuel Ochayi

December 29, 2023

News

$110m Penalty: FCCPC CEO Reveals Abusive Conduct By British American Tobacco

CEO of the Federal Competition and Consumer Protection Council (FCCPC), said there is abusive conduct in the marketing activities of British American Tobacco Nigeria Limited, resulting in a steep $110 million fine.

Emmanuel Ochayi

December 29, 2023

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

News

CAC Grants Extension For Annual Return Filing Deadline To April

Corporate Affairs Commission (CAC) has announced an extension of the deadline for the submission of the annual return by companies from January 1, 2024, to April 1, 2024.

Emmanuel Ochayi

December 29, 2023

News

Nigerian Govt Launches ‘Build-A-Thon Program’, Seeks Visionary Educators To Foster Tech Innovation In Schools

Ministry of Communications, Innovation, and Digital Economy has opened applications for teaching roles in its 'Build-A-Thon'

Emmanuel Ochayi

December 29, 2023

Business·News

BUA Group Chairman Reaffirms Commitment To Slashing Cement Price To N3,500

Abdul-Samad Rabiu, Chairman of BUA Group, has reiterated the company's pledge to sell cement at N3,500 per bag starting January 2024.

Emmanuel Ochayi

December 29, 2023

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Emmanuel Ochayi

NBS: Food Prices Surge Nationwide, Prompting Concerns Over Affordability

Nigeria’s Foreign Reserves Hit Six-Year Low At $32.87bn As Naira Struggles

Nigeria’s Treasury Bills Surpass N6.6trn In 2023 Amid Economic Headwinds

Naira To Sustain Depreciation In 2024 – Analysis Reveals

Nigerians Grapple With Soaring Living Costs, Borrow N740bn Amidst Inflation Surge

Nigeria’s Pension Fund Assets Surge To N17.658trn In October 2023

$110m Penalty: FCCPC CEO Reveals Abusive Conduct By British American Tobacco

CAC Grants Extension For Annual Return Filing Deadline To April

Nigerian Govt Launches ‘Build-A-Thon Program’, Seeks Visionary Educators To Foster Tech Innovation In Schools

BUA Group Chairman Reaffirms Commitment To Slashing Cement Price To N3,500

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