Emmanuel Ochayi, Author at Prime Business Africa

U.S. Economy Growth Slow In First Quarter Despite Inflation Concerns

U.S. Economy Growth Slowed In First Quarter Amid Inflation Concerns

Amid the ongoing inflation, the American economy grew slower in the first quarter of 2024 with strong consumer spending being driven by a job market that is expanding amid inflation. But the

Emmanuel Ochayi

6 hours ago

United States To Assist Ukraine With $6bn Military Aid Package

According to two United States sources, the United States is about to unveil one of its biggest military aid packages for Ukraine, valued at up to $6 billion. To aid Ukraine’s soldiers

Emmanuel Ochayi

7 hours ago

Business·Latest News

Airtel, MTN, Others Seek NCC Approval For Tariff Hike Amid Economic Challenges

Through the Nigerian Communications Commission (NCC), the Federal Government has been petitioned to hike tariffs by the Association of Telecom Companies of Nigeria and the Association of Licenced Telecom Companies of Nigeria.

Emmanuel Ochayi

9 hours ago

Nigerian Equities Surge To Global Top 3, As Returns Hit N8.7trn

Business·Latest News·Markets

Nigerian Exchange: Equity Market Rallies As Investors Gain N26bn After Slump

The Nigerian Exchange’s All-Share Index rose by 0.05% after a protracted period of negative trade, providing investors with a gain of N26 billion. This outcome will provide relief to investors who have

Emmanuel Ochayi

10 hours ago

NNPC Attributes Fuel Scarcity In Abuja, Others To Logistics Issues

Business·Latest News

NNPC Attributes Fuel Scarcity To Logistics Issues

The Nigerian National Petroleum Company Limited (NNPC), claiming that its logistical problems had been rectified, has blamed the increasing scarcity of petrol in Abuja and surrounding states. On the ground, however, the

Emmanuel Ochayi

10 hours ago

Business·Latest News·Markets

Naira Falls To N1,420/$1 At Parallel Market, Traders Cite Increased Demand

The value of the naira versus the US dollar declined further, trading at N1,309/$ on the official market and N1,420 on the black market. Currency brokers explain this away as more people

Emmanuel Ochayi

10 hours ago

Business·Latest News·Oil & Gas

Dangote Refinery: How Forex Shortage Is Delaying Crude Supplies

The $20 billion refinery project in Nigeria, the brainchild of Africa’s richest man, Aliko Dangote, is having payment problems, which is delaying the discharge of crude oil shipment from Chinese state energy

Emmanuel Ochayi

11 hours ago

Business·Latest News·World News

Bitcoin Price Dips Below $64,000 As Crypto Market Sees $209m In Liquidations

There was a notable decline in the cryptocurrency market, with the price of Bitcoin dropping below $64,000 and the liquidation of almost $209 million in long holdings on Thursday. As of right

Emmanuel Ochayi

19 hours ago

Business·Latest News

Commuters Stranded As Fuel Scarcity Hits Abuja, Anambra, 4 Other States

Many Nigerian states are in a state of chaos due to a widespread fuel scarcity, leaving commuters stuck, transportation costs increasing, and drivers having to wait in long lines at the few

Emmanuel Ochayi

19 hours ago

Business·Latest News

Emefiele Fraud: Court Adjourned Alleged Procurement Case Till June 24

The Federal Capital Territory high court postponed the trial of Godwin Emefiele, the former governor of the Central Bank of Nigeria, until June 24. Even though neither the prosecution nor the defendant

Emmanuel Ochayi

19 hours ago

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Emmanuel Ochayi

U.S. Economy Growth Slowed In First Quarter Amid Inflation Concerns

United States To Assist Ukraine With $6bn Military Aid Package

Airtel, MTN, Others Seek NCC Approval For Tariff Hike Amid Economic Challenges

Nigerian Exchange: Equity Market Rallies As Investors Gain N26bn After Slump

NNPC Attributes Fuel Scarcity To Logistics Issues

Naira Falls To N1,420/$1 At Parallel Market, Traders Cite Increased Demand

Dangote Refinery: How Forex Shortage Is Delaying Crude Supplies

Bitcoin Price Dips Below $64,000 As Crypto Market Sees $209m In Liquidations

Commuters Stranded As Fuel Scarcity Hits Abuja, Anambra, 4 Other States

Emefiele Fraud: Court Adjourned Alleged Procurement Case Till June 24

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