Emmanuel Ochayi, Author at Prime Business Africa

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.

Nigeria’s Stock Market Declines As Investors Lose N366bn In One Week

Nigeria’s stock market recorded a significant loss of N366 billion in the trading week ending Friday, March 14. Despite some gains in insurance and consumer goods stocks, the market’s performance remained weak.

Emmanuel Ochayi

March 15, 2025

Business·Finance & Economy

10 Sectors In Nigeria With The Lowest GDP Growth Rate

Nigeria’s GDP growth rate improved in the fourth quarter of 2024, reaching 3.84% compared to 3.46% in the previous quarter. However, not all sectors contributed significantly to this growth. According to the

Emmanuel Ochayi

March 15, 2025

News

Only 27% Of Job Seekers In Lagos Have Bachelor’s Degree As Majority Hold SSCE

A recent report by the Lagos State Ministry of Planning and Budget has revealed a significant gap in educational qualifications among job seekers in Lagos. The report, titled The Lagos Economic Development

Emmanuel Ochayi

March 14, 2025

Africa·Business

Experts Gather In Addis Ababa To Boost Economic, Social Development In Africa

A Committee of Experts has gathered at the UN Conference Centre in Addis Ababa to assess the state of economic and social development in Africa. The three-day meeting, held from 12-14 March,

Emmanuel Ochayi

March 14, 2025

Africa·Business

African Countries Russia Makes The Most Money From

Russia’s trade with African countries has reached a new high, with exports surging to $21.2 billion in 2024. This marks a 43% increase from 2023. Food shipments alone grew by 19% to

Emmanuel Ochayi

March 14, 2025

Business·FEATURES·Oil & Gas

Kaduna Refinery: The Role Of Local Refining In Nigeria’s Fuel Economy

In Nigeria, the paradox of being a leading crude oil producer yet heavily reliant on imported refined petroleum products has long puzzled many. This dependency has not only strained the nation’s economy

Emmanuel Ochayi

March 14, 2025

List of African Countries With The Highest Purchasing Power Per Capita In 2025

Africa·Business

Top 10 African Countries With The Highest Purchasing Power Per Capita

Purchasing Power Parity (PPP) is a key economic indicator that measures the real value of money by adjusting for cost-of-living differences across countries. It offers a clearer picture of individual wealth than

Emmanuel Ochayi

March 14, 2025

Business·Markets

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

The stock market in Nigeria showed resilience on Thursday, reversing two days of losses as investors moved to buy consumer goods, insurance, and oil & gas stocks. Despite fragile market sentiment and

Emmanuel Ochayi

March 14, 2025

Business·Oil & Gas

Fuel Price War Intensifies As Landing Cost Drops To N774

The fuel price war in Nigeria’s downstream oil sector has taken a new turn as the landing cost of premium motor spirit (PMS) has dropped to N774.82 per litre. This is lower

Emmanuel Ochayi

March 13, 2025

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

Business·Markets

Factors Driving NGX’s Decline, What You Can Learn

The Nigerian Exchange Limited (NGX) has witnessed a sharp decline, losing N570 billion in one week. Despite strong corporate earnings, investor confidence remains weak. On Wednesday, 12 march trading section, N48bn was

Emmanuel Ochayi

March 13, 2025

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Emmanuel Ochayi

Nigeria’s Stock Market Declines As Investors Lose N366bn In One Week

10 Sectors In Nigeria With The Lowest GDP Growth Rate

Only 27% Of Job Seekers In Lagos Have Bachelor’s Degree As Majority Hold SSCE

Experts Gather In Addis Ababa To Boost Economic, Social Development In Africa

African Countries Russia Makes The Most Money From

Kaduna Refinery: The Role Of Local Refining In Nigeria’s Fuel Economy

Top 10 African Countries With The Highest Purchasing Power Per Capita

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

Fuel Price War Intensifies As Landing Cost Drops To N774

Factors Driving NGX’s Decline, What You Can Learn

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