Emmanuel Ochayi, Author at Prime Business Africa

Naira Ends Week With N30 Gain In Black Market: Hope For Naira?

How EFEMS Transparency Fuels Naira Demand In Parallel Market

The Central Bank of Nigeria’s (CBN) Electronic Foreign Exchange Matching System (EFEMS) has created ripples in the forex market, driving increased demand for the naira in the parallel market. Experts say the

Emmanuel Ochayi

December 13, 2024

Business·News·Oil & Gas

Petrol Landing Cost Drops By N36, Offering Some Relief Amid High Prices

The cost of landing petrol in Nigeria has dropped by N36, reaching N900.28 per litre on Thursday, December 12, 2024. This price reduction, reported by the Major Energies Marketers Association of Nigeria,

Emmanuel Ochayi

December 13, 2024

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

Business·Markets·News

Nigeria’s Equity Market Continues Upward Trend With 0.25% Gain

The Nigerian equity market saw a modest gain on Thursday, rising by 0.25% and marking the third consecutive day of growth this week. The positive performance of key stocks, especially in the

Emmanuel Ochayi

December 13, 2024

Chartered Institute of Directors Honours Prof. Kingsley Moghalu, Seplat Energy, Others

Business·News

Chartered Institute of Directors Honours Moghalu, Seplat Energy, Others

The Chartered Institute of Directors (CIoD) has honoured Prof. Kingsley Moghalu, former Deputy Governor of the Central Bank of Nigeria (CBN), Seplat Energy PLC, and other distinguished individuals and organisations for their

Emmanuel Ochayi

December 13, 2024

Business·News

Africa Must Prioritise Good, Corporate Governance, Says Moghalu

The President, African School of Governance and former Deputy Governor of the Central Bank of Nigeria, Prof. Kingsley Moghalu, has called on African leaders to prioritise good governance as the key to

Emmanuel Ochayi

December 13, 2024

News·Top Stories·World News

What To Know About Janette Nesheiwat, Trump’s Pick For Surgeon General

Janette Nesheiwat is President Donald Trump’s pick for Surgeon General, one of the most influential positions in U.S. public health. Nesheiwat, a family medicine doctor, runs a network of urgent care clinics

Emmanuel Ochayi

December 12, 2024

Naira vs Dollar: What To Expect This Week

Business·FEATURES·News

What Naira’s Continuous Depreciation Means For Nigerians This Festive Season

The naira experienced a shocking decline in value within two days, dropping from N1,500 to N1,780 per dollar on the black market. This depreciation comes as Nigerians prepare for the festive season,

Emmanuel Ochayi

December 12, 2024

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business·Markets·News

Nigeria’s Equity Market Records Fresh Gains, Investors Target Key Sectors

Nigeria’s equity market recorded further gains on Wednesday, rising by 0.31 per cent as investors focused on insurance, oil & gas, and industrial stocks. This marks the second consecutive day of positive

Emmanuel Ochayi

December 12, 2024

Naira vs Dollar: What To Expect This Week (10th-15th, March 2025)

Business·News

Businesses Expect Inflation To Ease In 3 Months, Households Look Ahead To 6 Months — CBN

The Central Bank of Nigeria (CBN) has revealed that businesses and households expect inflation to decline over the coming months. According to the CBN’s latest Inflation Expectation Report, a significant percentage of

Emmanuel Ochayi

December 11, 2024

Naira Crisis: The Hidden Truth Of Dollar Hoarding

Business·Markets·News

Naira Reverses Gains, Falls To N1,780/$ In Black Market

The naira experienced a sharp decline on Wednesday, dropping from N1,600 to N1,780 per dollar in the black market. This sudden reversal has sparked concerns among traders and market analysts who had

Emmanuel Ochayi

December 11, 2024

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Emmanuel Ochayi

How EFEMS Transparency Fuels Naira Demand In Parallel Market

Petrol Landing Cost Drops By N36, Offering Some Relief Amid High Prices

Nigeria’s Equity Market Continues Upward Trend With 0.25% Gain

Chartered Institute of Directors Honours Moghalu, Seplat Energy, Others

Africa Must Prioritise Good, Corporate Governance, Says Moghalu

What To Know About Janette Nesheiwat, Trump’s Pick For Surgeon General

What Naira’s Continuous Depreciation Means For Nigerians This Festive Season

Nigeria’s Equity Market Records Fresh Gains, Investors Target Key Sectors

Businesses Expect Inflation To Ease In 3 Months, Households Look Ahead To 6 Months — CBN

Naira Reverses Gains, Falls To N1,780/$ In Black Market

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