Emmanuel Ochayi, Author at Prime Business Africa

Nigeria Equity Market Sees Largest 2025 Decline As NGX Loses N1.06trn

Business·Finance & Economy·Latest News·Markets

Nigerian Stock Market Witnesses N241.8 Billion Loss As Caverton, Access, Oando among Top Losers

In a day marked by significant market fluctuations, investors in the Nigerian capital market found themselves grappling with losses totaling N241.8 billion by the close of trading on Monday. This economic setback

Emmanuel Ochayi

1 year ago

N10 Trillion Spent On Refineries, But They Refuse To Work, Says Taiwo Oyedele

Business·Latest News·Oil & Gas

Nigeria’s Oil & Gas Capital Expenditure Dips To $6 Billion – FG Reveals

Mr. Gbenga Komolafe, Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reported a staggering drop in annual upstream capital expenditure (CAPEX), which fell from a towering $27 billion in 2014

Emmanuel Ochayi

1 year ago

AfDB Announces $1.44 Billion Investment In Nigeria's Infrastructure

Africa·Business·Latest News·World News

AfDB President Proposes Five-Point Plan For Fairer Global Financial Architecture

In a thought-provoking address at the 78th United Nations General Assembly, Dr. Akinwumi Adesina, President of the African Development Bank, unveiled a five-point plan to rectify the perceived constraints that hinder Africa’s

Emmanuel Ochayi

1 year ago

Africa·Business·Finance & Economy·Latest News

Ghana To Conclude Rate Hikes As Falling Inflation Sparks Hope

The Bank of Ghana is expected to wrap up its series of interest rate hikes today, September 25th, as a substantial drop in inflation offers respite to the nation’s economy. For three consecutive

Emmanuel Ochayi

1 year ago

2023 Elections·Latest News·Politics

Lagos Election Tribunal: Labour Party Ousted from PDP’s Challenge

In a surprising twist at the Lagos State Governorship Election Tribunal, the Labour Party and its candidate, Gbadebo Rhodes-Vivour, were unexpectedly removed from the petition filed by the Peoples Democratic Party’s (PDP)

Emmanuel Ochayi

1 year ago

Why Cement Price Keeps Rising – Producers

Business·Latest News

Cement Manufacturers Warn Of Price Hike Amidst Concrete Road Plans

In response to the government’s plan to introduce concrete roads, the Cement Producers Association of Nigeria has issued a stark warning that the move could lead to a significant surge in cement prices,

Emmanuel Ochayi

1 year ago

Business·Latest News·Oil & Gas

Conoil Plc’s Shareholders Approve N1.734 Billion Dividend Payout For 2022

In a resounding show of confidence, shareholders of Conoil Plc have enthusiastically approved a final dividend payout of N1.734 billion for the 2022 financial year. This approval came at the company’s 53rd

Emmanuel Ochayi

1 year ago

In a groundbreaking move set to reshape the economic landscape of Africa, the United Bank of Africa (UBA) has unveiled a colossal $6 billion financing initiative aimed at turbocharging the growth of Small and Medium Enterprises (SMEs) across the continent.

Business·Latest News

UBA, AfCFTA Partner To Supercharge African SMEs With $6 Billion Financing Boost

The United Bank of Africa (UBA) has unveiled a colossal $6 billion financing initiative aimed at turbocharging the growth of Small and Medium Enterprises (SMEs) across the continent. The agreement, signed on

Emmanuel Ochayi

1 year ago

Nigeria Govt, Raspberry Pi Foundation Partner To Launch Code Clubs In Nigeria

Business·Latest News·Technology

FG Calls For Open, Secure Internet At Africa Internet Governance Forum

In a resounding call for an open and secure internet across Africa, Nigeria’s Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, asserted the Nigerian government’s commitment to bridging the digital

Emmanuel Ochayi

1 year ago

EFCC Declares ex-Power Minister Wanted Over Corruption Charge

EFCC Witness Reveals Escape Of Trinity Biotech’s MD Amid $9.6bn Fraud Trial

An EFCC witness has revealed how Trinity Biotech’s MD, Patrick Nash (also known as Gerald Nash), escaped arrest and fled the country amid the $9.6 billion P&ID fraud trial. In a dramatic

Emmanuel Ochayi

1 year ago

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Emmanuel Ochayi

Nigerian Stock Market Witnesses N241.8 Billion Loss As Caverton, Access, Oando among Top Losers

Nigeria’s Oil & Gas Capital Expenditure Dips To $6 Billion – FG Reveals

AfDB President Proposes Five-Point Plan For Fairer Global Financial Architecture

Ghana To Conclude Rate Hikes As Falling Inflation Sparks Hope

Lagos Election Tribunal: Labour Party Ousted from PDP’s Challenge

Cement Manufacturers Warn Of Price Hike Amidst Concrete Road Plans

Conoil Plc’s Shareholders Approve N1.734 Billion Dividend Payout For 2022

UBA, AfCFTA Partner To Supercharge African SMEs With $6 Billion Financing Boost

FG Calls For Open, Secure Internet At Africa Internet Governance Forum

EFCC Witness Reveals Escape Of Trinity Biotech’s MD Amid $9.6bn Fraud Trial

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