Emmanuel Ochayi, Author at Prime Business Africa

Vandalism Accounts For 13% Of Power Accidents, Urgent Measures Required-NERC

The Nigerian Electricity Supply Industry (NESI), Engr. Idris Aminu Idris, the SM in charge of Engineering Performance and Monitoring at the Nigerian Electricity Regulatory Commission (NERC), disclosed that vandalism has been a

Emmanuel Ochayi

November 9, 2023

Democracy Day: Nigeria In A Classical State Capture - Obi

Business·Finance & Economy·News·Politics

Obi Slams ‘Lavish’ Expenditure in 2023 Supplementary Budget, Calls For Focus On National Welfare

In a scathing critique of the approved N2.17 trillion 2023 supplementary budget, former Anambra state governor and Labour Party presidential candidate, Mr. Peter Obi, lambasted the government’s allocation of funds for what

Emmanuel Ochayi

November 9, 2023

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency·News

Naira Depreciates In Official Market, Black Market On Wednesday

The naira took a dip against the U.S. dollar, leaving speculators scratching their heads. The official market, usually a bastion of stability, witnessed a 0.55% depreciation, closing at N874.71 to a dollar

Emmanuel Ochayi

November 9, 2023

6 Factors Behind Poor Performance Of Nigeria’s Oil & Gas Stocks This Year

Business·Markets·News

JAPAULGOLD, OMATEK, Others Top Gainers As Market Capitalization Surges To N38.885 Trillion

The NGX All-Share Index continued its upward trajectory, closing at 70,773.31 points today, inching closer to the elusive 71,000 mark. The market witnessed a gain of N87 billion, propelling the market capitalization

Emmanuel Ochayi

November 9, 2023

Naira Depreciation Spurs Export Surge To N35trn

Business·Currency·News

Old, Redesigned Naira Notes Remain Legal Tender – CBN

The Central Bank of Nigeria (CBN) has reiterated that the old and newly redesigned naira notes remain legal tender. The CBN emphasized this point following Section 20(5) of the CBN Act, 2007.

Emmanuel Ochayi

November 8, 2023

Africa·Business·News

AfDB Unveils $15 Billion Investment Interest In Abidjan-Lagos Highway Corridor

Dr. Akinwumi Adesina, President of the African Development Bank (AfDB) has announced that the Abidjan-Lagos highway corridor, a lifeline for regional economic integration has attracted $15.5 billion in investment interest. Speaking during

Emmanuel Ochayi

November 8, 2023

Ajero Brutal Treatment: NLC, TUC Declare Nationwide Strike

Business·News·Travel

Aviation Unions Ground Flights To Owerri Airport Over Ajero’s Humiliation

All flights to Owerri Airport in Imo State will come to a standstill starting from midnight on Thursday. This decision was announced by a coalition of aviation industry unions, who also took

Emmanuel Ochayi

November 8, 2023

Business·News

Customs Seizes N1.2 Billion Worth Of Foreign Rice, Others In October

The Nigeria Customs Service has made a stride by seizing 13 trailer loads of foreign parboiled rice, along with 17 vehicles and various contraband items worth N1,241,777,700 during October. This news came

Emmanuel Ochayi

November 8, 2023

Agro-Economy·Business·News

Nigeria’s Agricultural Exports Face US Rejection Due To Food Safety Gaps- USDA

The United States Department for Agriculture (USDA) pointed out that Nigeria’s agricultural produce is facing rejection in the international market, primarily due to a lack of food safety documentation. This disconcerting issue

Emmanuel Ochayi

November 8, 2023

Africa·Business·News·Oil & Gas

NNPCL, Aiteo Launch Nembe Crude Oil Grade

The Nigerian National Petroleum Company Limited (NNPCL) and Aiteo have jointly introduced the Nembe crude oil grade. The announcement was made at the Argus European Crude Conference in London, with Olufemi Soneye,

Emmanuel Ochayi

November 8, 2023

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Emmanuel Ochayi

Vandalism Accounts For 13% Of Power Accidents, Urgent Measures Required-NERC

Obi Slams ‘Lavish’ Expenditure in 2023 Supplementary Budget, Calls For Focus On National Welfare

Naira Depreciates In Official Market, Black Market On Wednesday

JAPAULGOLD, OMATEK, Others Top Gainers As Market Capitalization Surges To N38.885 Trillion

Old, Redesigned Naira Notes Remain Legal Tender – CBN

AfDB Unveils $15 Billion Investment Interest In Abidjan-Lagos Highway Corridor

Aviation Unions Ground Flights To Owerri Airport Over Ajero’s Humiliation

Customs Seizes N1.2 Billion Worth Of Foreign Rice, Others In October

Nigeria’s Agricultural Exports Face US Rejection Due To Food Safety Gaps- USDA

NNPCL, Aiteo Launch Nembe Crude Oil Grade

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