Emmanuel Ochayi, Author at Prime Business Africa

NGX: Investors Gain N313bn As ASI Rebound By 0.70%

VFG Group, McNichols Among Top Losers As Capitalization Dips By N22bn

Equities at the Nigerian Exchange Limited (NGX) kicked off yesterday with a twist as market capitalization dipped by N22 billion, with a slump in the shares of VFG Group and 20 other

Emmanuel Ochayi

1 year ago

Nigeria’s Oil Production Declines By 33,000 Barrels As OPEC Reports Setback In September

Business·Oil & Gas

OPEC Canvasses $14trn Investment To Meet Soaring Global Oil Demand

OPEC Secretary General, Haitham Al Ghais, has made an urgent call for a $14 trillion investment between 2023 and 2045 in a plea to address the escalating global thirst for oil and

Emmanuel Ochayi

1 year ago

Business·Finance & Economy

Experts Call For Local Production To Strengthen The Naira

Experts have pointed out that local productivity can strengthen the Naira. This is coming as Nigerians continue to decry the unending depreciation of the Naira in spite of monetary policy initiatives by

Emmanuel Ochayi

1 year ago

Business·Latest News

Nigerian Govt Approves $3.45bn ‘Empowerment Loans’ For Power, Others

The Nigerian government during the Federal Executive Council (FEC) meeting on Monday granted approval for a series of ’empowerment loans’ totaling $3.45 billion. These funds are earmarked for projects spanning the power

Emmanuel Ochayi

1 year ago

Finance & Economy·Latest News

Lagos, Rivers, FCT Lead As States Generate N1.93tn – NBS

Lagos, Rivers, and the Federal Capital Territory (FCT) emerged as the frontrunners in state-generated revenue, with a collective total of N1.93 trillion in 2022. Data released by the National Bureau of Statistics

Emmanuel Ochayi

1 year ago

Business·Currency

Kenyan Shilling Hits Low At 150 To US Dollar Amid Economic Challenges

The Kenyan shilling, battling multiple economic headwinds, reached an unprecedented low of 150 shillings to the US dollar on Monday, exacerbating the financial woes of Kenyan citizens grappling with soaring inflation and

Emmanuel Ochayi

1 year ago

Business·Latest News

EU Seeks Closer LNG Ties With Nigeria To Fill Russia-Ukraine Supply Gap

The European Union (EU) is eyeing stronger diplomatic relations with Nigeria as a reliable liquefied natural gas (LNG) partner to address the gas supply gap caused by the Russia-Ukraine War. During a

Emmanuel Ochayi

1 year ago

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Latest News

Naira Woes Continue, Hits N1200/$1 In Black Market Over Scramble For Dollar

The naira's value against the dollar took a hit at the start of the week, with exchange rates opening at N1,200/$1 on peer-to-peer (P2P) platforms

Emmanuel Ochayi

1 year ago

Business

Ben Bruce Speaks On Falling Value Of Naira Against Dollar

Former Senator representing Bayelsa West, Ben Murray-Bruce has asserted that the value of the country’s troubled currency, Naira, won’t appreciate just by increased crude oil sales. The senator, known for his advocacy

Emmanuel Ochayi

1 year ago

Business

Inflation Surges To 27.54% In October, Naira Depreciates, Stock Market Fluctuates Amid Economic Uncertainty

Nigeria’s inflation rate is projected to surge by 83 basis points year-on-year to reach 27.54% in October, marking a 1.9% increase when compared to the previous month’s figure of 26.72%. Analysts from

Emmanuel Ochayi

1 year ago

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Emmanuel Ochayi

VFG Group, McNichols Among Top Losers As Capitalization Dips By N22bn

OPEC Canvasses $14trn Investment To Meet Soaring Global Oil Demand

Experts Call For Local Production To Strengthen The Naira

Nigerian Govt Approves $3.45bn ‘Empowerment Loans’ For Power, Others

Lagos, Rivers, FCT Lead As States Generate N1.93tn – NBS

Kenyan Shilling Hits Low At 150 To US Dollar Amid Economic Challenges

EU Seeks Closer LNG Ties With Nigeria To Fill Russia-Ukraine Supply Gap

Naira Woes Continue, Hits N1200/$1 In Black Market Over Scramble For Dollar

Ben Bruce Speaks On Falling Value Of Naira Against Dollar

Inflation Surges To 27.54% In October, Naira Depreciates, Stock Market Fluctuates Amid Economic Uncertainty

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