Emmanuel Ochayi, Author at Prime Business Africa

Air Freight Pilots’ Strike Risks Amazon’s $117B Logistics Revenue

In a move that could disrupt Amazon’s extensive delivery network, pilots from Air Transport International (ATI), a crucial air freight provider for the tech giant, have voted to authorize a potential strike. This

Emmanuel Ochayi

1 year ago

Legal Battle Halts Ibeto Fraud Case: Lagos Govt, EFCC Clash In Court

Legal Battle Halts Ibeto Fraud Case, As Lagos Govt, EFCC Clash In Court

In a courtroom drama at the Lagos High Court, the much-anticipated arraignment of Chief Cletus Ibeto, Chairman of Ibeto Energy Development Company, over an alleged N4.8 billion fraud, faced yet another setback.

Emmanuel Ochayi

1 year ago

Business·Latest News

Why Over 2000 Federal Civil Servants’ November Salaries Are Withheld

Amidst ongoing verification processes within Federal Government ministries, departments, and agencies, more than 2,000 civil servants find their salaries withheld due to discrepancies in the Integrated Payroll and Personnel Information System (IPPIS).

Emmanuel Ochayi

1 year ago

Nigerian Minister Advocates Support For Indigenous Tech Firms

Nigeria’s Minister Advocates Support For Indigenous Tech Firms

In a call for bolstering local technology enterprises, Dr. Bosun Tijani, Minister of Communications, Innovation, and Digital Economy, championed support for indigenous tech service providers during his visit to the pioneering SecureID

Emmanuel Ochayi

1 year ago

Naira Appreciates To N1,610/$1 In Parallel Market

Business·Currency·Latest News

CBN’s Initiative Sparks Naira Surge To N837/$1, Boosts Market Confidence

The Nigerian naira on Monday, December 4th, 2023, experienced a surge in value, closing at N837/$1 in the official market.

Emmanuel Ochayi

1 year ago

Business·Finance & Economy·Latest News

Nigeria’s Q3 Foreign Trade Soars By 53.16% As Crude Oil Revenue Surges By 83.23% – NBS

Nigeria's foreign trade witnessed a rise by 53.16% year-on-year, hitting N18.80 trillion in the third quarter of 2023.

Emmanuel Ochayi

1 year ago

Elumelu Confident In Naira Regaining Stability Amid CBN Leadership Change

Africa·Latest News·World News

COP28: Elumelu Urges Africa’s Active Role In Global Climate Agenda

In a call for proactive African participation in global climate discussions, Tony Elumelu, Founder of The Tony Elumelu Foundation and Chairman of United Bank of Africa, emphasized the role Africa must assume

Emmanuel Ochayi

1 year ago

Nigerian Stock Market Declines As MPC Retains Key Interest Rates

Business·Latest News·Markets

ASI Dips By 0.66% As BUA Cement, Lafarge Drag NGX capitalisation To N259bn Loss

The Nigerian Exchange Limited grappled with a turbulent start to the week as losses besieged several medium-cap equities, triggering a notable dip in the All-Share Index (ASI) by 0.66% and market capitalization

Emmanuel Ochayi

1 year ago

Business·Latest News

NCC Pledges Support To Meta’s 2Africa Cable Landing Initiative

In a meeting at the NCC headquarters in Abuja, Dr. Aminu Maida, the Executive Vice Chairman and CEO of NCC, reassured Meta (formerly Facebook) of the commission’s support for their 2Africa Cable

Emmanuel Ochayi

1 year ago

Africa·Business·Latest News

Polaris Bank Enhances Cross-Border Transactions Through PAPPS Enrollment

Polaris Bank, one of Nigeria’s digital retail banks, has joined the Pan-African Payment and Settlement System (PAPPS), marking a step towards simplifying cross-border financial transactions across Africa. The PAPPS platform, tailored for

Emmanuel Ochayi

1 year ago

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Emmanuel Ochayi

Air Freight Pilots’ Strike Risks Amazon’s $117B Logistics Revenue

Legal Battle Halts Ibeto Fraud Case, As Lagos Govt, EFCC Clash In Court

Why Over 2000 Federal Civil Servants’ November Salaries Are Withheld

Nigeria’s Minister Advocates Support For Indigenous Tech Firms

CBN’s Initiative Sparks Naira Surge To N837/$1, Boosts Market Confidence

Nigeria’s Q3 Foreign Trade Soars By 53.16% As Crude Oil Revenue Surges By 83.23% – NBS

COP28: Elumelu Urges Africa’s Active Role In Global Climate Agenda

ASI Dips By 0.66% As BUA Cement, Lafarge Drag NGX capitalisation To N259bn Loss

NCC Pledges Support To Meta’s 2Africa Cable Landing Initiative

Polaris Bank Enhances Cross-Border Transactions Through PAPPS Enrollment

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