Emmanuel Ochayi, Author at Prime Business Africa

News

MTN Appeals Ruling Ordering It To $72.5m Tax Fine

MTN Nigeria has announced its intention to appeal the Tax Appeal Tribunal's judgment ordering it to pay $72.5 million fine to the Federal Inland Revenue Service (FIRS) for the period from 2007

Emmanuel Ochayi

October 31, 2023

Brief Profiles of Tinubu's 28 Ministerial nominees

Business·News·Power

Nigeria Govt To Review Siemens Deal Of 25,000MW By 2025 – Power Minister

Nigeria’s Minister of Power, Mr. Bayo Adelabu, announced on Monday night that the federal government is preparing to review the high-profile Siemens power deal with Nigeria. This deal, originally inked to boost

Emmanuel Ochayi

October 31, 2023

How Nigerian Govt Can Generate N10trn From Non-oil Assets Annually – Tax Panel Chair

Business·News

Oyedele Assures Nigerians Of Exchange Rate Reformation By December

Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has disclosed plans by the Federal Government to introduce new foreign exchange rules that promise to bring the naira

Emmanuel Ochayi

October 31, 2023

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

News

FEC Approves N5.5bn For Access Roads To Abuja Light Rail As Tinubu Sets Deadline

The Federal Executive Council (FEC) has endorsed a N5.5 billion budget to construct access roads that will serve communities along the Abuja light rail project.

Emmanuel Ochayi

October 31, 2023

NGX: Investors Gain N313bn As ASI Rebound By 0.70%

Business·Markets

Equity Surges By N536bn In Nigeria’s Capital Market With 1.45% ASI Gain

In the begining of the week, the Nigerian stock market witnessed a surge as the All-Share Index (ASI) soared by 1.45%. Closing at a commanding 68,111.71 index points, it marked an uptick

Emmanuel Ochayi

October 31, 2023

Naira Rises Against Dollar, Ends Week On Positive Note

Business·Currency

Naira Hits All-Time Low As Exchange Rate Dips To N993/$1 On Official NAFEM

Nigerian naira has reached an unprecedented low in the official market, as the exchange rate plummeted to N993 per US dollar on the Nigerian Foreign Exchange Market (NAFEM), marking a colossal 20.5%

Emmanuel Ochayi

October 31, 2023

News·Politics

Nigeria Not doomed, It’s Your Presidential Ambition That Is – Tinubu’s Aide Replies Atiku

In response to former Vice President Atiku Abubakar's press conference on Monday, President Bola Ahmed Tinubu's Special Adviser on Information and Strategy, Bayo Onanuga, says Nigeria is not doomed, but it's Atiku's

Emmanuel Ochayi

October 31, 2023

Business

MTN Records 75.7% Decline On PBT In Q3

MTN Nigeria Communications Plc reported a 75.7% decline in its profit before tax (PBT) for the third quarter of 2023, amounting to N32.08 billion. This contrast with the N132.04 billion recorded in

Emmanuel Ochayi

October 30, 2023

Tinubu Appoints Officials Of NCC, NIGCOMSAT, Others

Finance & Economy·News

FEC Approves N2trn Supplementary Budget, Prioritizing National Security

Monday’s Federal Executive Council (FEC) meeting presided over by President Bola Tinubu approved a supplementary budget of over N2 trillion, with an emphasis on funding national security.

Emmanuel Ochayi

October 30, 2023

Tinubu Set To Attend COP 28 Summit In Dubai

News

Tinubu Admits Imperfection, Reposes Confidence On Gbajabiamila As Chief Of Staff

Tinubu has stated that everyone makes mistakes as he addressed the controversy surrounding his Chief of Staff, Femi Gbajabiamila, just moments before the commencement of this week's Federal Executive Council meeting at

Emmanuel Ochayi

October 30, 2023

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Emmanuel Ochayi

MTN Appeals Ruling Ordering It To $72.5m Tax Fine

Nigeria Govt To Review Siemens Deal Of 25,000MW By 2025 – Power Minister

Oyedele Assures Nigerians Of Exchange Rate Reformation By December

FEC Approves N5.5bn For Access Roads To Abuja Light Rail As Tinubu Sets Deadline

Equity Surges By N536bn In Nigeria’s Capital Market With 1.45% ASI Gain

Naira Hits All-Time Low As Exchange Rate Dips To N993/$1 On Official NAFEM

Nigeria Not doomed, It’s Your Presidential Ambition That Is – Tinubu’s Aide Replies Atiku

MTN Records 75.7% Decline On PBT In Q3

FEC Approves N2trn Supplementary Budget, Prioritizing National Security

Tinubu Admits Imperfection, Reposes Confidence On Gbajabiamila As Chief Of Staff

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