Emmanuel Ochayi, Author at Prime Business Africa

NGX Set To Lose N60bn As MRS Oil Nigeria Plc Plans To Delist Shares

Nigeria’s Equity Market Sees Decline As Investors Lose N931bn

Nigeria’s equity market recorded a significant loss on Wednesday, wiping out ₦931 billion in investor value. The Nigerian Exchange Limited (NGX) reported a 1.47% drop in the All-Share Index (ASI), bringing it

Emmanuel Ochayi

January 16, 2025

Inflation: How To Protect Your Money In An Unstable Economy

Business·News

Nigerians React To Economic Pain As Inflation Rate Hits 34.80%

Nigeria’s headline inflation rate reached 34.80% in December 2024, marking a slight increase from 34.60% in November 2024. According to the National Bureau of Statistics (NBS), this marginal rise of 0.20% was

Emmanuel Ochayi

January 15, 2025

Business·News·Oil & Gas

Asharami Energy Hits 4 Million LTI-Free Man-hours on OML 148 Assets

Asharami Energy, a major player in the Sahara Group’s upstream sector, has hit a critical safety target. The company announced it has achieved 4 million Lost Time Injury (LTI) free manhours on

Emmanuel Ochayi

January 15, 2025

Business·News

Top 15 Fastest Declining Jobs

As industries evolve, certain jobs are becoming obsolete due to technological advancements and shifting economic conditions. The World Economic Forum’s (WEF) Future of Jobs Report 2025 identifies the top 15 fastest declining

Emmanuel Ochayi

January 15, 2025

Naira Crisis: The Hidden Truth Of Dollar Hoarding

Business·FEATURES·News

Imported Poverty: How Nigeria’s Love For Foreign Goods Is Killing Naira

In the bustling markets of Lagos, a troubling trend is unfolding. Despite the nation’s rich resources and entrepreneurial spirit, Nigerians’ preference for imported goods is exacerbating the naira’s decline to N1658 currently,

Emmanuel Ochayi

January 15, 2025

Nigeria's Equity Market Declines By 1.99% in March Despite Weekly Gains

Business·Markets·News

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

The Nigerian equities market witnessed its largest daily decline of 2025 on Tuesday, resulting in a significant N1.064 trillion loss. This downturn marks a 1.66 percent drop, the highest negative swing recorded

Emmanuel Ochayi

January 15, 2025

Business·News·Tech News

Tariff Hike Looms As Telecos, ICT Firms Deal with Rising Debt

Technology and telecom companies in Nigeria are dealing with significant financial difficulties as they collectively owed N1.69 trillion to banks as of September 2024. Despite this hefty debt, these companies are pushing

Emmanuel Ochayi

January 14, 2025

News·Tech News·World News

Why Chinese Govt May Sell TikTok To Elon Musk — Report

Chinese authorities are currently debating whether to sell TikTok, the popular social media app owned by ByteDance, to Elon Musk. This decision comes after the U.S. Supreme Court ruled to potentially ban

Emmanuel Ochayi

January 14, 2025

What Happens If NNPC Ends Naira-for-Crude? Risks, Alternatives

Business·News·Oil & Gas

Fuel Price Hike Sparks Concerns As Depot Costs Hit N950/litre

The loading cost of Premium Motor Spirit (petrol) and other refined petroleum products at depots surged on Monday, causing widespread concern among consumers and industry stakeholders. It was reported that petrol and

Emmanuel Ochayi

January 14, 2025

Global Stock Markets See Decline As U.S. Dollar Strengthens

News·World News

Global Stock Markets See Decline, U.S. Dollar Strengthens

Global stock markets experienced a notable decline on Monday as the U.S. dollar surged to its highest level in over two years. This movement came after the release of stronger-than-expected U.S. jobs

Emmanuel Ochayi

January 14, 2025

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Emmanuel Ochayi

Nigeria’s Equity Market Sees Decline As Investors Lose N931bn

Nigerians React To Economic Pain As Inflation Rate Hits 34.80%

Asharami Energy Hits 4 Million LTI-Free Man-hours on OML 148 Assets

Top 15 Fastest Declining Jobs

Imported Poverty: How Nigeria’s Love For Foreign Goods Is Killing Naira

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

Tariff Hike Looms As Telecos, ICT Firms Deal with Rising Debt

Why Chinese Govt May Sell TikTok To Elon Musk — Report

Fuel Price Hike Sparks Concerns As Depot Costs Hit N950/litre

Global Stock Markets See Decline, U.S. Dollar Strengthens

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