Emmanuel Ochayi, Author at Prime Business Africa

Lagos Assembly: Obasa Resumes As Speaker After Removal

Police Locked Up My Family During Impeachment – Obasa Alleges

Mudashiru Obasa, the former Speaker of the Lagos State House of Assembly, on Saturday opened up about the circumstances surrounding his impeachment. Speaking during a welcome rally held at his Joel Ogunnaike

Emmanuel Ochayi

2 months ago

EFCC Faces Internal Scandals Officers Disappear With Seized Gold, $30,000

Business·News

EFCC Under Scrutiny As Operatives Disappear With Seized Gold, $30,000

The Economic and Financial Crimes Commission (EFCC) is grappling with internal scandals after officers were accused of stealing seized gold worth over ₦1 billion and $30,000 in cash. The antigraft agency has

Emmanuel Ochayi

2 months ago

Nigeria's Equity Market Declines By 0.07% As Investors Remain Cautious

Business·Markets·News

Stock Market Rises By 1.22% As Investors Gain N206bn In One Week

Investors in Nigeria’s stock market gained N206 billion during the trading week ending Friday, January 24, 2025, as the market closed with a 1.22% rise. The Nigerian Exchange Limited (NGX) All-Share Index

Emmanuel Ochayi

2 months ago

How Palliatives Are Failing To Address Nigeria’s Food Crisis- Nigerians, Experts

Business·FEATURES·News

Food Crisis Persists: Why Nigeria’s Palliatives Aren’t Working

In Nigeria, food crisis has escalated beyond what palliatives can resolve. While governments distribute food items in times of economic hardship, the effort often feels like pouring water into a basket—well-meaning but

Emmanuel Ochayi

2 months ago

Nigeria's Stock Market Gains N82bn As NGX Rebounds After Two Days Of Losses

Business·Markets·News

Nigeria’s Equity Market Posts N497bn Gain, Rebounds From Losses

The Nigerian equity market staged a remarkable recovery on Friday, gaining ₦497 billion in market capitalisation after two consecutive losses. Investors welcomed the rebound as share prices of key stocks surged, boosting

Emmanuel Ochayi

2 months ago

News·World News

U.S. Arrests, Deports Over 500 Illegal Immigrants Days Into Trump’s Second Term

The United States government has arrested 538 individuals and deported hundreds of illegal immigrants in one of the largest operations ever conducted. This action comes just days into President Donald Trump’s second

Emmanuel Ochayi

2 months ago

Trump Urges OPEC To Slash Oil Prices As Crude Prices Dip

News·Oil & Gas·World News

Trump Calls On OPEC To Cut Oil Prices Amid Market Downturn

At the World Economic Forum in Davos, Switzerland, former U.S. President Donald Trump urged Saudi Arabia and OPEC to take immediate steps to reduce oil prices. Addressing global leaders and energy experts,

Emmanuel Ochayi

2 months ago

Nigerian Govt Yet To Address Real Drivers Of Inflation – CPPE

Business·FEATURES·News

Economic Survival: Why Inflation Could Make Or Break Nigeria

In the bustling streets of Lagos, vendors hawk goods at prices that seem to climb daily. Inflation, now at 34.80%, has become a relentless force threatening the stability of Nigeria’s economy. For

Emmanuel Ochayi

2 months ago

Nigeria's Stock Market Declines As Investors Lose N366bn In One Week

Business·Markets·News

Nigeria’s Equity Market Records 0.05% Decline, Investors Await Catalysts

The Nigerian equity market closed negative on Thursday, reflecting a 0.05% decrease. This drop followed Wednesday’s decline, pushing the year-to-date (YTD) negative return further to 0.13%. Vetiva Research analysts commented on the

Emmanuel Ochayi

2 months ago

Inflation: Why 13 million more Nigerians Are At Risk Of Falling Below Poverty Line In 2025 – Report

Business·News

Inflation: Why 13 million more Nigerians Are At Risk Of Falling Below Poverty Line – Report

Nigeria’s rising inflation, high interest rates, and naira depreciation could drive 13 million more Nigerians below the poverty line by 2025, according to a new report by PricewaterhouseCoopers International Limited (PwC). The

Emmanuel Ochayi

2 months ago

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Emmanuel Ochayi

Police Locked Up My Family During Impeachment – Obasa Alleges

EFCC Under Scrutiny As Operatives Disappear With Seized Gold, $30,000

Stock Market Rises By 1.22% As Investors Gain N206bn In One Week

Food Crisis Persists: Why Nigeria’s Palliatives Aren’t Working

Nigeria’s Equity Market Posts N497bn Gain, Rebounds From Losses

U.S. Arrests, Deports Over 500 Illegal Immigrants Days Into Trump’s Second Term

Trump Calls On OPEC To Cut Oil Prices Amid Market Downturn

Economic Survival: Why Inflation Could Make Or Break Nigeria

Nigeria’s Equity Market Records 0.05% Decline, Investors Await Catalysts

Inflation: Why 13 million more Nigerians Are At Risk Of Falling Below Poverty Line – Report

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What The Court Ruling Against FCCPC Means For Pay-TV Subscribers In Nigeria

Lagos Allocates N101.6 Billion For Housing Projects: Can This Solve the City’s Real Estate Crisis

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