Emmanuel Ochayi

Emmanuel Ochayi is a journalist. He is a graduate of the University of Lagos, School of first choice and the nations pride. Emmanuel is keen on exploring writing angles in different areas, including Business, climate change, politics, Education, and others.

African Countries With The Highest Debt-to-GDP Ratio

Business·FEATURES·News

How Nigeria’s Debt Crisis Fuels Economic Dependence, Limits State Growth

The Weight of Debt on Nigeria’s States As of June 2024, Nigeria’s 36 states and the Federal Capital Territory (FCT) owe a staggering N11.47 trillion in debt, marking a 14.57% increase since the close of 2023. Despite efforts to grow internal revenue

November 12, 2024

Nigerian Debt: Why Are States Still Borrowing Despite Increased FAAC Allocations?

Business·News·Top Stories

Rising Burden As 36 States’ Debts Hit N11.4tn Amid Declining Internal Revenue

Nigeria’s Debt Burden: States Struggle to Stay Afloat As of June 2024, Nigeria’s debt continues to rise, creating financial challenges for states across the nation. Debt Management Office (DMO) data shows that the total debt owed by Nigeria’s 36 states now stands

November 11, 2024

COP 29: Nigeria Urges Increased Climate Adaptation Funding, Calls For Action On Paris Agreement Goals

Climate Change & Sustainability·Top Stories·World News

COP 29: Nigeria Urges Increased Climate Adaptation Funding, Seeks Action On Paris Agreement Goals

As COP 29 unfolds in Baku, Azerbaijan, nations are gathering with a shared goal of addressing pressing climate issues. Nigeria, an African nation highly vulnerable to climate change, has emphasised the need for substantial increases in global adaptation funding. The Nigerian delegation

November 11, 2024

News·Top Stories·World News

What Trump’s Second Tenure Could Mean For U.S., World

Trump’s Impact on U.S. Politics and Global Influence As Donald Trump re-enters the White House, the United States and the global community may experience substantial policy shifts. Trump’s return signifies an intensified version of his previous administration, with fewer institutional checks and

November 11, 2024

Bitcoin, Ethereum, 4 Other Cryptocurrencies That Surged After Trump’s Election Win

Business·News·Top Stories·World News

Bitcoin, Ethereum, 4 Other Cryptocurrencies Surge After Trump’s Victory

Bitcoin Surges as Trump Wins Election Following Donald Trump’s victory in the U.S. presidential election, the price of Bitcoin jumped nearly 8% on Wednesday, crossing the $75,000 mark and reaching an all-time high. Bitcoin, the leading cryptocurrency, currently stands at around $79,782.01.

November 11, 2024

Nigeria's Inflation Rate Squeezes Car Market: High Prices, Low Sales As Fuel Costs Bite Hard

Business·FEATURES·News·Oil & Gas·Top Stories

High Prices, Low Sales As Inflation Rate, Fuel Costs Squeeze Car Market

As Nigeria’s inflation rate continues to climb, the impacts are being felt in every corner of the economy. One industry affected is the car market. Rising fuel prices and inflation have significantly increased car prices, making it tough for Nigerians to buy

November 11, 2024

Business·News·Technology·Top Stories·World News

Bitcoin Hits $80,000 First Time On Trump’s Crypto-friendly Plans

Bitcoin Surges to $80,000 in Historic Milestone Bitcoin hit a record $80,000 on Sunday, a major milestone for the cryptocurrency. This surge comes as investors weigh the impact of President-elect Donald Trump’s re-election and his plans for pro-crypto policies in the United

November 10, 2024

News·Top Stories·World News

US DOJ Alleges Iran-backed Plot To Assassinate President-elect Trump

DOJ Alleges Iranian Plot Against Trump Amid US Election Tensions The U.S. Department of Justice (DOJ) has raised the alarm over alleged Iranian-backed plot to assassinate President-elect, Donald Trump, sparking renewed tensions between the two nations. According to a DOJ report, the

November 10, 2024

Poverty Crisis In Nigeria: Struggling Voices Demand Change Amid Rising Hardship

Business·FEATURES·News·Top Stories

Poverty Crisis: Struggling Nigerians Demand Change

The Worsening Poverty Crisis in Nigeria Nigeria’s poverty crisis continues to reach new heights. Rising inflation, a struggling currency, and the recent removal of fuel subsidies have pushed many Nigerians to the brink. The hardship has driven public protests and left many

November 10, 2024

Worries As Oil Price Crash, Low Production Threaten Nigeria’s 2025 Budget

Business·News·Oil & Gas

Nigeria’s Oil Import Drops By 35% In Q2 Amid Shift In Energy Policy

Oil Import Decline Reflects Policy Shifts Nigeria’s oil import expenditure sharply dropped by 35% in the second quarter of 2024, with imports amounting to $2.79 billion, a decrease from $4.31 billion recorded in Q1. This trend, reported by the Central Bank of

November 10, 2024

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Emmanuel Ochayi

How Nigeria’s Debt Crisis Fuels Economic Dependence, Limits State Growth

Rising Burden As 36 States’ Debts Hit N11.4tn Amid Declining Internal Revenue

COP 29: Nigeria Urges Increased Climate Adaptation Funding, Seeks Action On Paris Agreement Goals

What Trump’s Second Tenure Could Mean For U.S., World

Bitcoin, Ethereum, 4 Other Cryptocurrencies Surge After Trump’s Victory

High Prices, Low Sales As Inflation Rate, Fuel Costs Squeeze Car Market

Bitcoin Hits $80,000 First Time On Trump’s Crypto-friendly Plans

US DOJ Alleges Iran-backed Plot To Assassinate President-elect Trump

Poverty Crisis: Struggling Nigerians Demand Change

Nigeria’s Oil Import Drops By 35% In Q2 Amid Shift In Energy Policy

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Opposition Figures Allege Clampdown on Rivals, Raise Alarm Over Threat to Nigeria’s Multi-Party Democracy

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Emmanuel Ochayi

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