Emmanuel Ochayi, Author at Prime Business Africa

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Nigerian Equities Market Surges with N409bn Gains In One Week

In a week marked by positive price movements in the industrial goods sector, the Nigerian Exchange Limited witnessed a surge in market capitalization, resulting in a substantial N409 billion gain for equities

Emmanuel Ochayi

October 17, 2023

Why Nigerian Govt Need Supplementary Budget To Pay minimum wage- IMF

Finance & Economy

IMF Calls For Global Action As 158 Million Battle Hunger In Africa

The International Monetary Fund (IMF) has urged global leaders to unite in addressing a dire food security crisis in Africa, as 158 million people currently grapple with hunger on the continent. The

Emmanuel Ochayi

October 16, 2023

Cement Prices: House Of Reps Members’ Comments ‘Very Unfair’ To Investors - CPPE

News

CPPE CEO Calls For Nigerian Govt’s Intervention As Inflation Hits 26.7% In September

Economic exerts have reacted to the upward spiral of the Nigerian inflation rate, calling for critical government intervention measures to save the situation. In a report released on Monday, by the National

Emmanuel Ochayi

October 16, 2023

Africa·Business

African Diplomat Slams World Bank, IMF For Unfair Lending Practices

Ambassador of Senegal to China, Ibrahima Sory Sylla, has criticized the World Bank and International Monetary Fund (IMF) for their stringent lending policies against countries in Africa.

Emmanuel Ochayi

October 16, 2023

News·Politics

EFCC Chairman’s Appointment Breaches Federal Character Principle – Falana

Femi Falana, has raised a legal challenge to the appointment of the new Economic and Financial Crimes Commission (EFCC) Chairman, Mr Ola Olukoyede.

Emmanuel Ochayi

October 16, 2023

Tech News·World News

Elon Musk’s X Fined Over A$610,500 For Failing To Address Child Abuse Concerns

Australia's internet safety watchdog has taken action against Elon Musk's X, formerly known as Twitter, by imposing A$610,500 fine.

Emmanuel Ochayi

October 16, 2023

Nigeria’s Electricity Tariff Hike: Any Impact On Productivity?

Business·Power

Generation Costs Dominated 2022 Nigerian Electricity Tariffs At 49.02% – NERC Report

An analysis of the electricity market by the Nigerian Electricity Regulatory Commission (NERC) revealed that the major contributor to end-user tariffs in 2022 was power generation costs, which claimed a commanding share

Emmanuel Ochayi

October 16, 2023

Umahi Reveals N18.6trn Road Plan For 4 Years, Seeks Emergency Funding

News

Nigeria Govt Sets November Deadline For Lagos-Ibadan Expressway, Prefers Concrete To Asphalt

Nigeria's Minister of Works, Engr. David Umahi, has announced a fresh timeline for the completion of the long-awaited Lagos-Ibadan Expressway project, now expected to be delivered by November.

Emmanuel Ochayi

October 16, 2023

News

Africa’s Second-richest Man Loses $3.7bn In 90 Days Amid Luxury Market Woes

Johann Rupert, Africa’s second-richest man and South Africa’s wealthiest man, net worth has plummeted by $3.7 billion in the past 90 days. As of July 14, 2023, the 73-year-old business mogul held

Emmanuel Ochayi

October 15, 2023

How Nigeria’s FDI Fell By $19bn In 10 Years – Finance Minister

News

Finance Minister Vows Responsible Budget Support As Nigeria Seeks $1.5bn World Bank Deal

Nigeria’s Finance Minister Wale Edun has stated that President Tinubu is committed to adhering to statutory limits when seeking budget support from the Central Bank of Nigeria. Edun, who made this known

Emmanuel Ochayi

October 15, 2023

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Emmanuel Ochayi

Nigerian Equities Market Surges with N409bn Gains In One Week

IMF Calls For Global Action As 158 Million Battle Hunger In Africa

CPPE CEO Calls For Nigerian Govt’s Intervention As Inflation Hits 26.7% In September

African Diplomat Slams World Bank, IMF For Unfair Lending Practices

EFCC Chairman’s Appointment Breaches Federal Character Principle – Falana

Elon Musk’s X Fined Over A$610,500 For Failing To Address Child Abuse Concerns

Generation Costs Dominated 2022 Nigerian Electricity Tariffs At 49.02% – NERC Report

Nigeria Govt Sets November Deadline For Lagos-Ibadan Expressway, Prefers Concrete To Asphalt

Africa’s Second-richest Man Loses $3.7bn In 90 Days Amid Luxury Market Woes

Finance Minister Vows Responsible Budget Support As Nigeria Seeks $1.5bn World Bank Deal

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