Emmanuel Ochayi, Author at Prime Business Africa

Amazon Files Lawsuit Against Global Scam Ring Over Refund Fraud

In a move to combat an international scam, Amazon has initiated legal action against, REKK, for allegedly orchestrating a refund scam that targeted the e-commerce giant, leading to millions in losses. The

Emmanuel Ochayi

December 8, 2023

News·Politics

States, LGAs To Get N14.04trn Of Federal Allocation

The Federal Government has unveiled projections indicating a 109.74% surge in allocation to states and local government areas, poised to climb from N6.69tn in 2023 to N14.04tn in 2024 These revelations, embedded

Emmanuel Ochayi

December 8, 2023

Africa·News·Oil & Gas

COP28: Africa Shortchanged In Global Renewable Energy Investment, Adesina Warns

President of the African Development Bank (AfDB), Dr. Akinwunmi Adesina, revealed statistics highlighting Africa’s disproportionate share of global renewable energy investments. Adesina in an address at the Sustainable Trade Africa Conference in Dubai emphasized how

Emmanuel Ochayi

December 8, 2023

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Business·Markets·News

FBN Holdings’ Losses Reverse SWOOT Club Entry As NGX Market Cap Dips To N39.1trn

The Nigerian Exchange Group (NGX) witnessed a dip in market capitalization, sliding to N39.103 trillion following a 0.49% decline. The reversal saw equities shedding N192 billion in value, marking a downturn from

Emmanuel Ochayi

December 8, 2023

News·Politics

Niger Delta Students Union Govt Supports EFCC’s Anti-Corruption Campaign

Niger Delta Students Union Government (NIDSUG) has pledged its support for the Economic and Financial Crimes Commission (EFCC) in its fight against economic and financial crimes. This announcement came during a visit

Emmanuel Ochayi

December 8, 2023

Court Jailed Fraudster Of Defrauding 34 Victims In 13 Countries Of $592,000

Business·News

Court Jails Fraudster Of Defrauding 34 Victims In 13 Countries Of $592,000

Justice J.K Omotosho Federal High Court in Abuja has convicted and sentenced Eze Harrisson Arinze of defrauding 34 victims across 13 countries, swindling them out of $592,000. Arinze faced a re-arraignment on

Emmanuel Ochayi

December 8, 2023

Supreme Court Judgment On LG Autonomy Not A Silver Bullet To Nigeria's Problems – Makinde

Finance & Economy·News·Politics

Oyo State Govt Approves Contract For 84.7km Ibadan Inner Road, Other Initiatives

In a move following Governor ‘Seyi Makinde’s pledge to revamp internal roads in Ibadan, the Oyo State government has approved contracts for the reconstruction and repair of inner-city roads within the Ibadan metropolis,

Emmanuel Ochayi

December 8, 2023

Naira vs Dollar: What To Expect This Week

Business·Currency·News

Naira Gains 12.83% Against Dollar, Closes At N843/$1 Amid Forex Dynamics

In a turnaround, the Nigerian Naira staged a robust recovery against the dollar on Thursday, skyrocketing by 12.83% at the official market, reclaiming ground after its plunge. “Confidence makes foreigners want to

Emmanuel Ochayi

December 8, 2023

Sokoto Govt Allocates N1.1 Billion For Governor Vehicles Amidst N19bn Capital Project Approval

News·Politics

Sokoto Governor Allocates N1.1bn For Vehicles Amidst N19bn Capital Project Approval

The Sokoto state government approved N1.1 billion budget for the procurement of vehicles dedicated to the governor’s office. This revelation came by the Sokoto State Commissioner for Information, Bello Danchadi, following the conclusion

Emmanuel Ochayi

December 7, 2023

Africa·News·World News

COP28: Experts Advocate Strengthened Partnerships For Climate Resilience Investments

Experts have highlighted the critical need for Africa to upscale its engagement in the Africa Climate Resilient Investment Facility (AFRI-RES) to fortify climate resilience and promote sustainable investments in key sectors. During

Emmanuel Ochayi

December 7, 2023

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Emmanuel Ochayi

Amazon Files Lawsuit Against Global Scam Ring Over Refund Fraud

States, LGAs To Get N14.04trn Of Federal Allocation

COP28: Africa Shortchanged In Global Renewable Energy Investment, Adesina Warns

FBN Holdings’ Losses Reverse SWOOT Club Entry As NGX Market Cap Dips To N39.1trn

Niger Delta Students Union Govt Supports EFCC’s Anti-Corruption Campaign

Court Jails Fraudster Of Defrauding 34 Victims In 13 Countries Of $592,000

Oyo State Govt Approves Contract For 84.7km Ibadan Inner Road, Other Initiatives

Naira Gains 12.83% Against Dollar, Closes At N843/$1 Amid Forex Dynamics

Sokoto Governor Allocates N1.1bn For Vehicles Amidst N19bn Capital Project Approval

COP28: Experts Advocate Strengthened Partnerships For Climate Resilience Investments

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