Emmanuel Ochayi, Author at Prime Business Africa

EFCC Arraigns Oil Magnate For N24 Million Alleged Illegal Petroleum Product Fraud

The Port Harcourt’s Zonal Command of the Economic and Financial Crimes Commission (EFCC) has arraigned Azubuike Uzoma, an oil magnate, before Justice A.T. Mohammed of the Federal High Court in Port Harcourt,

Emmanuel Ochayi

1 year ago

World Bank Report Reveals 34% of Nigeria’s Education, Health Expenditures Lost Due To Absenteeism

Business·Latest News·World News

World Bank Report Highlights NIN Gap In Nigeria’s Cash Transfer Program

The World Bank’s report on the National Social Safety Nets Project has revealed that less than one percent of Nigeria’s poor and vulnerable population possess a National Identity Number (NIN), potentially excluding

Emmanuel Ochayi

1 year ago

Business·Latest News

Nigerian Govt To Launch Project Delivery Tracker, Encourages Media Support For Initiatives

The Minister of Information and National Orientation, Alhaji Mohammed Idris, revealed today that Nigerians will soon have the capability to monitor and track the implementation of federal government projects. During a meeting

Emmanuel Ochayi

1 year ago

Ukrainian General’s Aide Killed By Grenade Hidden By Birthday Gift

Grenade gifted as a birthday present has detonated, resulting in the death of Major Hennadiy Chastyakov, a close aide to Ukraine’s armed forces head, Valery Zaluzhny. The explosion occurred as Chastyakov was

Emmanuel Ochayi

1 year ago

Business·Latest News·Oil & Gas

$20 Billion Needed Annually To Address Nigeria’s Gas Infrastructure Gap- NEITI

Dr. Ogbonnaya Orji, the Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), emphasized the urgent need for an estimated $20 billion per year to bridge the expanding gas infrastructure gap

Emmanuel Ochayi

1 year ago

Tinubu Condemns Violence In Rivers, Orders Police To Secure LG Council Secretariats

Business·Latest News·Transport

Tinubu Advocates Automation, Infrastructure Investment To Boost African Ports

President Bola Tinubu has called for urgent interventions in the area of cargo evacuation at African ports during the 43rd annual council meeting of the Port Management Association of West and Central

Emmanuel Ochayi

1 year ago

Nigeria Revenue Soars By N101.98 Billion Due To Exchange Rate Unification

Business·Finance & Economy·Latest News

FAAC Disburses N1.80 Trillion In August 2023, N0.9 Trillion Drop From July

The Federation Account Allocation Committee (FAAC) disbursed N1.80 trillion to the three tiers of government in August 2023, marking a decrease of N0.9 trillion from the N1.89 trillion disbursed in July 2023.

Emmanuel Ochayi

1 year ago

Israel-Iran Crisis: Crude Oil Prices Will Rise Above $90 Per Barrel If Conflict persists

Business·Latest News·Oil & Gas

Massive Investment Needed to Revive Nigeria’s Oil Production, Says AA Holdings Chairman

The Chairman of AA Holdings, Dr. Austin Avuru, has highlighted the massive investment required to breathe new life into the country’s oil production. As Nigeria seeks to reinvigorate its energy sector and regain

Emmanuel Ochayi

1 year ago

Official Market Records Decline In Dollar Rate, Trade Flat In Black Market

Business·Currency·Latest News·World News

Naira Falls To N809/$1 In Official Market, Appreciates 16.8% In Black Market

The Nigerian naira experienced a depreciation, closing at N809.02 per US dollar at the official market on Monday, the 6 of November 2023. This marked a 4.06% increase from the N776.14/$1 rate

Emmanuel Ochayi

1 year ago

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

Business·Latest News·Politics

Oyo Govt Announces Monthly Cash Awards For Workers, Pensioners

Oyo State Governor Seyi Makinde approved on Monday that workers in the state would receive a monthly cash award of N25,000, while pensioners would be granted N15,000, for the next six months.

Emmanuel Ochayi

1 year ago

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Emmanuel Ochayi

EFCC Arraigns Oil Magnate For N24 Million Alleged Illegal Petroleum Product Fraud

World Bank Report Highlights NIN Gap In Nigeria’s Cash Transfer Program

Nigerian Govt To Launch Project Delivery Tracker, Encourages Media Support For Initiatives

Ukrainian General’s Aide Killed By Grenade Hidden By Birthday Gift

$20 Billion Needed Annually To Address Nigeria’s Gas Infrastructure Gap- NEITI

Tinubu Advocates Automation, Infrastructure Investment To Boost African Ports

FAAC Disburses N1.80 Trillion In August 2023, N0.9 Trillion Drop From July

Massive Investment Needed to Revive Nigeria’s Oil Production, Says AA Holdings Chairman

Naira Falls To N809/$1 In Official Market, Appreciates 16.8% In Black Market

Oyo Govt Announces Monthly Cash Awards For Workers, Pensioners

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