Emmanuel Ochayi, Author at Prime Business Africa

Nigerian Stock Market Gains N884 Billion As Investors Push Market Higher

Nigerian Stock Market Ends January 2025 On Strong Note With 1.52% Growth

The Nigerian stock market closed January 2025 with strong gains, as the All-Share Index (ASI) jumped by 1,567.55 points to settle at 104,496.12 points. This represents a 1.52% increase from the month’s

Emmanuel Ochayi

5 days ago

LG Autonomy: Why LGAs Failed To Receive Monthly Allocations From Federation Accounts For January

Local government areas (LGAs) across Nigeria have encountered a major hurdle in receiving their monthly allocations directly from the federation accounts. Despite gaining financial autonomy through a Supreme Court ruling in July

Emmanuel Ochayi

6 days ago

China Canada Mexico Vow Retaliation Against Sweeping US Tariffs

Tariff War Escalates As Canada, Mexico, China Vow Retaliation

US President Donald Trump has announced sweeping tariffs on imports from Canada, Mexico, and China, setting the stage for a major trade battle. “Today’s tariff announcement is necessary to hold China, Mexico,

Emmanuel Ochayi

6 days ago

Business·Latest News

20 Valentine’s Day Business Ideas To Make Quick Money

Valentine’s Day is not just about love; it is also a great business opportunity to make money. In 2023 alone, Americans spent nearly $26 billion on gifts, making it one of the

Emmanuel Ochayi

6 days ago

Business·FEATURES·Latest News

Inflation: How To Protect Your Money In An Unstable Economy

In recent years, Nigeria has faced significant economic challenges, with inflation rates reaching unprecedented levels. As of November 2024, the country’s inflation rate soared to a near 30-year high of 34.6%, up

Emmanuel Ochayi

6 days ago

Business·Latest News·Oil & Gas

How NNPC, Oil Marketers Spend Over N5.5trn On Fuel Imports In 4 Months

The Nigerian National Petroleum Company (NNPC) Limited and some oil marketers spent over N5.5 trillion on fuel imports between October 1, 2024, and January 31, 2025. Despite the availability of locally refined

Emmanuel Ochayi

1 week ago

Telecom Tariff Hikes: The Business Struggle For SMEs In Nigeria

Business·FEATURES·Latest News

Telecom Tariff Hikes: Business Struggle For SMEs In Nigeria

In recent weeks, Nigeria’s telecommunications landscape has been shaken by the Nigerian Communications Commission’s (NCC) approval of a 50% increase in tariffs for data, calls, and SMS services. This decision, marking the

Emmanuel Ochayi

1 week ago

Nigeria's Equity Market Gains As Naira Strengthens Against Dollar

Business·Latest News·Markets

Nigeria’s Stock Market Gains N1.063trn In One Week As Investors Position For Dividends

Nigeria’s stock market saw a significant rise in the trading week that ended on Friday, January 31, as investors gained about N1.063 trillion. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) grew

Emmanuel Ochayi

1 week ago

Ned Nwoko Resigns From PDP, Cites Deep Divisions In Party

Senator Ned Nwoko, representing Delta North, has resigned from the Peoples Democratic Party (PDP), a party he has been with since its formation in 1999. In a resignation letter addressed to the

Emmanuel Ochayi

1 week ago

Taiwan Bans DeepSeek AI Over National Security Concerns

Government Warns of Information Leaks Taiwan’s Ministry of Digital Affairs has officially banned government departments from using the artificial intelligence (AI) service provided by the Chinese startup DeepSeek. Officials say the move

Emmanuel Ochayi

1 week ago

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Emmanuel Ochayi

Nigerian Stock Market Ends January 2025 On Strong Note With 1.52% Growth

LG Autonomy: Why LGAs Failed To Receive Monthly Allocations From Federation Accounts For January

Tariff War Escalates As Canada, Mexico, China Vow Retaliation

20 Valentine’s Day Business Ideas To Make Quick Money

Inflation: How To Protect Your Money In An Unstable Economy

How NNPC, Oil Marketers Spend Over N5.5trn On Fuel Imports In 4 Months

Telecom Tariff Hikes: Business Struggle For SMEs In Nigeria

Nigeria’s Stock Market Gains N1.063trn In One Week As Investors Position For Dividends

Ned Nwoko Resigns From PDP, Cites Deep Divisions In Party

Taiwan Bans DeepSeek AI Over National Security Concerns

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