Emmanuel Ochayi, Author at Prime Business Africa

The Cost Of Cash Scarcity: How The New CBN Policy Is Reshaping Nigeria’s Informal Economy

Cost Of Cash Scarcity: How New CBN Policy Is Reshaping Nigeria’s Informal Economy

Nigeria’s informal economy, which thrives on cash transactions, is facing a significant disruption. The Central Bank of Nigeria’s (CBN) new policy limiting cash withdrawals to N100,000 per customer daily for Point-of-Sale (PoS)

Emmanuel Ochayi

3 months ago

News·Top Stories·World News

What To Know About Elise Stefanik, Trump’s Pick For U.N Ambassador

Elise Stefanik, a Republican representative from New York, has been nominated by former President Donald Trump as his pick for the role of U.N. ambassador. Known for her fierce loyalty to Trump,

Emmanuel Ochayi

3 months ago

Nigeria's Stock Market Gains N82bn As NGX Rebounds After Two Days Of Losses

Business·Markets·News

Nigeria’s Equity Market Rises By 0.77% As Investors Chase Value Ahead Of Year-End

Nigeria’s equity market recorded another positive session on Thursday, climbing 0.77% as investors intensified their search for value ahead of the year-end. The rally, fueled by key gainers like UACN, Aradel Holdings,

Emmanuel Ochayi

3 months ago

News·Top Stories·World News

Coalition Urges Biden Administration To Grant Immigration Protections For Nigerians

A coalition of advocacy groups is pressing the Biden administration to offer immigration protections for Nigerians living in the United States. The coalition, which includes the Nigerian Center, Nigerian American Lawyers Association,

Emmanuel Ochayi

3 months ago

News·Top Stories·World News

Inflation Rises Again In UK, Sparking Concerns Over Interest Rate Decisions

The United Kingdom’s inflation rate has risen once again, with the Consumer Prices Index (CPI) reaching 2.6% in November. This is a rise from October’s figure of 2.3%, according to the Office

Emmanuel Ochayi

3 months ago

Business·News

Cash Scarcity: CBN’s N100,000 Daily Limit For PoS Withdrawals Sparks Outcry

The Central Bank of Nigeria (CBN) has introduced new measures to limit cash withdrawals from Point-of-Sale (POS) agents, a move aimed at advancing Nigeria’s cashless policy and limiting cash scarcity. According to

Emmanuel Ochayi

3 months ago

Dangote Refinery PMS Price Drop Will Ease Suffering Of Nigerians - PETROAN

Business·News·Oil & Gas

Yuletide: Dangote Refinery Cuts Petrol Price To N899.50, Launches Holiday Credit Offer

Dangote Refinery has announced a reduction in the price of Premium Motor Spirit (PMS) to N899.50 per litre, offering Nigerians some relief as the festive season draws near. This development, confirmed in

Emmanuel Ochayi

3 months ago

0% Import Duty On CNG, LPG Equipment, Says Nigerian Customs

Business·News·Oil & Gas

Nigerian Customs Announces 0% Import Duty On CNG, LPG Equipment

The Nigeria Customs Service (NCS) has announced a 0% import duty on equipment for Compressed Natural Gas (CNG) and Liquefied Petroleum Gas (LPG) as part of the government’s drive to promote domestic

Emmanuel Ochayi

3 months ago

Mixed Reactions From Nigerians Over Hacking Of NBS Website

Business·News

Reactions Trail Hacked NBS Website

The National Bureau of Statistics (NBS) has announced that its official website has been hacked. The organisation disclosed this in a public notice on its X (formerly Twitter) handle, urging Nigerians to

Emmanuel Ochayi

3 months ago

News·Top Stories·World News

Interesting Facts To Know About John Ratcliffe, Trump’s Pick For CIA Director

President-elect Donald Trump has announced that John Ratcliffe will be his pick for the position of CIA director. Ratcliffe, a known figure in U.S. intelligence circles, has previously held key roles within

Emmanuel Ochayi

3 months ago

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Emmanuel Ochayi

Cost Of Cash Scarcity: How New CBN Policy Is Reshaping Nigeria’s Informal Economy

What To Know About Elise Stefanik, Trump’s Pick For U.N Ambassador

Nigeria’s Equity Market Rises By 0.77% As Investors Chase Value Ahead Of Year-End

Coalition Urges Biden Administration To Grant Immigration Protections For Nigerians

Inflation Rises Again In UK, Sparking Concerns Over Interest Rate Decisions

Cash Scarcity: CBN’s N100,000 Daily Limit For PoS Withdrawals Sparks Outcry

Yuletide: Dangote Refinery Cuts Petrol Price To N899.50, Launches Holiday Credit Offer

Nigerian Customs Announces 0% Import Duty On CNG, LPG Equipment

Reactions Trail Hacked NBS Website

Interesting Facts To Know About John Ratcliffe, Trump’s Pick For CIA Director

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