Emmanuel Ochayi, Author at Prime Business Africa

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

Nigeria's Stock Market Declines As Investors Lose N366bn In One Week

Business·Markets·News

Nigeria’s Stock Market Gains N1.063trn In One Week As Investors Position For Dividends

Nigeria’s stock market saw a significant rise in the trading week that ended on Friday, January 31, as investors gained about N1.063 trillion. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) grew

Emmanuel Ochayi

1 month ago

News·Politics

Ned Nwoko Resigns From PDP, Cites Deep Divisions In Party

Senator Ned Nwoko, representing Delta North, has resigned from the Peoples Democratic Party (PDP), a party he has been with since its formation in 1999. In a resignation letter addressed to the

Emmanuel Ochayi

1 month ago

News·Tech News·World News

Taiwan Bans DeepSeek AI Over National Security Concerns

Government Warns of Information Leaks Taiwan’s Ministry of Digital Affairs has officially banned government departments from using the artificial intelligence (AI) service provided by the Chinese startup DeepSeek. Officials say the move

Emmanuel Ochayi

1 month ago

Naira Falls Against Dollar In Black Market As Demand Increases In FX Market

Business·Markets·News

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

The Nigerian Naira appreciated against the U.S. dollar in the parallel market on Friday, closing at N1,610 per dollar, representing a N20 gain from the previous day. Currency traders confirmed the development,

Emmanuel Ochayi

1 month ago

News

UTME 2025: How To Retrieve Lost SIM Cards For JAMB

The Joint Admissions and Matriculation Board (JAMB) has announced that candidates who lost their SIM cards previously used for registration can now retrieve their profile codes at any Computer-Based Test (CBT) centre

Emmanuel Ochayi

1 month ago

Business·FEATURES·News

Food Insecurity: Why Millions Of Nigerians Are Going Hungry

Food insecurity in Nigeria is worsening. Nearly 50 million people in West Africa, including millions in Nigeria, do not have enough to eat. The United Nations Food and Agriculture Organisation (FAO) revealed

Emmanuel Ochayi

1 month ago

Nigeria's Equity Market Declines By 0.07% As Investors Remain Cautious

Business·Markets·News

Nigeria’s Equity Market Rises By 0.19% As NNFM, Honeywell, Aviation Stocks Lead Gains

Nigeria’s equity market continued its upward movement on Thursday, gaining 0.19% or N348 billion, as stocks like Northern Nigeria Flour Mills (NNFM), Skyway Aviation Handling Company Plc, Honeywell Flour Mills, Chellaram, and

Emmanuel Ochayi

1 month ago

Auction of Vehicles: EFCC to Review Complaints Against Auctioneers

Business·News

EFCC Blames Poor Internet, High Turnout For Car Auction Glitches, Vows Review

The Economic and Financial Crimes Commission (EFCC) has addressed the concerns raised by Nigerians over its recently concluded online auction of forfeited vehicles. The Commission admitted that some participants experienced technical issues

Emmanuel Ochayi

1 month ago

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Emmanuel Ochayi

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

Telecom Tariff Hikes: Business Struggle For SMEs In Nigeria

Nigeria’s Stock Market Gains N1.063trn In One Week As Investors Position For Dividends

Ned Nwoko Resigns From PDP, Cites Deep Divisions In Party

Taiwan Bans DeepSeek AI Over National Security Concerns

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

UTME 2025: How To Retrieve Lost SIM Cards For JAMB

Food Insecurity: Why Millions Of Nigerians Are Going Hungry

Nigeria’s Equity Market Rises By 0.19% As NNFM, Honeywell, Aviation Stocks Lead Gains

EFCC Blames Poor Internet, High Turnout For Car Auction Glitches, Vows Review

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