Emmanuel Ochayi, Author at Prime Business Africa

APC Accuses Governor Diri Of Pressuring INEC, Calls For Order In Bayelsa Election

The All Progressives Congress (APC) accused Governor Duoye Diri and the Peoples Democratic Party (PDP) of making efforts to unlawfully pressure the Independent National Electoral Commission (INEC). The accusation alleges an attempt

Emmanuel Ochayi

November 12, 2023

Nigeria's Inflation Rate Hits 33.88% In October Amid Fresh Fuel Price Spike

Business·Finance & Economy·News

KPMG Predicts Nigeria’s Inflation To Soar At 30% By December 2023 Amidst Economic Reforms

Global financial advisory service firm, KPMG, has predicted that Nigeria’s headline inflation is poised to skyrocket to 30% by the end of 2023. The West African nation, already grappling with a headline

Emmanuel Ochayi

November 12, 2023

Business·News·Oil & Gas

Dangote’s $19B Refinery Set To Meet Nigeria’s Energy Demands

Africa’s wealthiest individual, Aliko Dangote, has confirmed that the output from his $19 billion refinery complex is poised to soon meet the energy demands of Nigeria and global markets. Speaking with Bloomberg

Emmanuel Ochayi

November 12, 2023

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency·News

Naira Rises To N780/$1 In Official Market, Depreciates In Black Market

Today’s financial landscape presents a tale of dual destinies for the Nigerian naira: a soaring achievement in the official market as it reaches a new high of N780 against the dollar, juxtaposed

Emmanuel Ochayi

November 10, 2023

Business·News

NEITI Report Reveals Nigeria’s N14 Trillion Fiscal Transparency Concerns

The Nigeria Extractive Industries Transparency Initiative (NEITI) uncovered the influx of N14.38 trillion into the nation’s federation account between 2020 and 2021. Dr. Orji Ogbonnaya Orji, NEITI’s Executive Secretary, delivered this eye-opening

Emmanuel Ochayi

November 10, 2023

Business·Finance & Economy·News

UBA, Saudi EXIM Bank Partner To Boost Trade, Business Relations

In a move aimed at bolstering economic ties between Africa and Saudi Arabia, the United Bank for Africa (UBA) Plc and Saudi Export-Import Bank (Saudi EXIM) have solidified a partnership. This collaborative

Emmanuel Ochayi

November 10, 2023

News·Politics

Ekiti Audit Report: Unaccounted Funds, Receipt Irregularities, Others Plague LGs

A look into the state Auditor-General’s report for Local Government Areas in Ekiti State on the general purpose financial statement (Accruals) to the 16 local government areas in the state for the

Emmanuel Ochayi

November 10, 2023

Blue Economy: Tinubu Appoints New Executive Directors For NPA, NIMASA

Business·Finance & Economy·News

Nigeria’s 2023 Budget Strain: FG To Spend N7.76tn On Salaries, Others

Nigeria’s Federal Government is grappling with financial commitments as the latest budget forecasts a portion of funds—N7.76tn—allocated to cover salaries, recurrent expenses, and new outlays outlined in the 2023 supplementary budget. This

Emmanuel Ochayi

November 10, 2023

News·Politics

African Leaders Need Internal Measures For Growth Not Attending Int’l Summits – Utomi

Renowned Nigerian professor of political economy and management expert, Pat Utomi, has raised compelling concerns over the frequent international summits involving African leaders, questioning the necessity and implications of their global engagements.

Emmanuel Ochayi

November 10, 2023

Business·News

Your Investments Are Safe In Nigeria – Tinubu Assures Saudi Investors

President Bola Tinubu has offered assurances to potential investors, asserting that their investments are secure in Nigeria. Speaking at the Saudi-Africa Summit in Riyadh, Saudi Arabia, on Friday, President Tinubu emphasized Nigeria’s

Emmanuel Ochayi

November 10, 2023

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Emmanuel Ochayi

APC Accuses Governor Diri Of Pressuring INEC, Calls For Order In Bayelsa Election

KPMG Predicts Nigeria’s Inflation To Soar At 30% By December 2023 Amidst Economic Reforms

Dangote’s $19B Refinery Set To Meet Nigeria’s Energy Demands

Naira Rises To N780/$1 In Official Market, Depreciates In Black Market

NEITI Report Reveals Nigeria’s N14 Trillion Fiscal Transparency Concerns

UBA, Saudi EXIM Bank Partner To Boost Trade, Business Relations

Ekiti Audit Report: Unaccounted Funds, Receipt Irregularities, Others Plague LGs

Nigeria’s 2023 Budget Strain: FG To Spend N7.76tn On Salaries, Others

African Leaders Need Internal Measures For Growth Not Attending Int’l Summits – Utomi

Your Investments Are Safe In Nigeria – Tinubu Assures Saudi Investors

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