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 Equity Market Rises By 0.56% Amid Profit-Taking In Consumer Goods, Industrial Stocks

Equity Market Sees Steady Growth Amid Mixed Stock Performance The Nigerian equities market continued its upward journey on Wednesday, driven primarily by investor interest in banking, insurance, and oil & gas stocks.

Emmanuel Ochayi

September 19, 2024

N80.2bn Fraud: EFCC Refutes Claims Of Former Kogi Governor Yahaya Bello's Custody, Says He Remains Wanted

Business·News·Politics

N80.2bn Fraud: EFCC Denies Holding Yahaya Bello In Custody, Says He Remains Wanted

The Economic and Financial Crimes Commission (EFCC) has refuted claims that former Kogi State Governor, Yahaya Bello, is in its custody. Contrary to reports from Bello’s media office, the EFCC has clarified

Emmanuel Ochayi

September 18, 2024

Business·FEATURES·News·Oil & Gas

Nigeria’s Oil Sector: A Crisis Of Leadership, Corruption, Poor Governance

The oil sector has long been Nigeria’s economic lifeblood, contributing the bulk of its foreign exchange earnings and government revenue. Yet, despite the nation’s immense crude oil reserves, the industry is riddled

Emmanuel Ochayi

September 18, 2024

More Than 90% Of Nigerian Youths Fear Country Is Moving In The Wrong Direction- Report

FEATURES·News

More Than 90% Of Nigerian Youths Fear Country Is Moving In Wrong Direction- Report

Nigerian Youths Losing Faith in the Nation’s Future A new report from the 2024 African Youth Survey has shed light on a growing concern among Nigerian youths about the future of their

Emmanuel Ochayi

September 18, 2024

Guinness Nigeria Plc Gains NGX Approval For Block Divestment Deal Worth N103bn

Business·Markets·News

Guinness Gains NGX Approval For Block Divestment Deal Worth N103bn

Guinness Gets NGX Green Light for N103 Billion Block Divestment Guinness Nigeria Plc has secured the approval of the Nigerian Exchange Limited (NGX) for a significant block divestment deal valued at N103

Emmanuel Ochayi

September 18, 2024

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

Business·Markets·News

Nigeria’s Equity Market Rises By 0.23%, Investors Focus On Long-Term Prospects

Equity Market Opens with Gains Amid Mixed Signals Nigeria’s equity market started the shortened trading week on a positive note, driven by investor interest in banking and consumer goods stocks. Despite significant

Emmanuel Ochayi

September 18, 2024

Business·News

CBN Limits Ways And Means Advances To 5% Despite National Assembly’s Proposal For Increase

CBN Maintains 5% Limit on Ways and Means Advances The Central Bank of Nigeria (CBN) has said it will cap its Ways and Means Advances to the Federal Government at 5% for

Emmanuel Ochayi

September 17, 2024

Africa·Markets·News·World News

Ghana’s Cedi Set For Potential Rebound As US Federal Reserve Rate Cut Approaches

Cedi’s Recent Performance Shows Promise Ghana’s cedi, which had depreciated over 27% against the US dollar earlier in 2024, is showing signs of recovery. The upcoming US Federal Reserve rate cut on

Emmanuel Ochayi

September 17, 2024

Business·News·Oil & Gas

Crude-for-Naira Deal To Ease Fuel Prices, Availability From October 1- NECA

Crude-for-Naira Deal to Start from October 1 The Crude-for-Naira initiative, set to begin on October 1, 2024, has generated wide reactions across Nigeria, with key industry players expressing optimism. The agreement struck

Emmanuel Ochayi

September 17, 2024

FAAC Disburses N3.473trn To FG, State, LG In Q2- NEITI

Business·News

FAAC Disburses N3.473trn To FG, States, LGs In Q2 – NEITI

NEITI Report Shows Slight Increase in FAAC Allocations The Federation Accounts Allocation Committee (FAAC) has disbursed N3.473 trillion to the federal, states, and local governments in the second quarter of 2024, reflecting

Emmanuel Ochayi

September 17, 2024

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Emmanuel Ochayi

Nigeria’s Equity Market Rises By 0.56% Amid Profit-Taking In Consumer Goods, Industrial Stocks

N80.2bn Fraud: EFCC Denies Holding Yahaya Bello In Custody, Says He Remains Wanted

Nigeria’s Oil Sector: A Crisis Of Leadership, Corruption, Poor Governance

More Than 90% Of Nigerian Youths Fear Country Is Moving In Wrong Direction- Report

Guinness Gains NGX Approval For Block Divestment Deal Worth N103bn

Nigeria’s Equity Market Rises By 0.23%, Investors Focus On Long-Term Prospects

CBN Limits Ways And Means Advances To 5% Despite National Assembly’s Proposal For Increase

Ghana’s Cedi Set For Potential Rebound As US Federal Reserve Rate Cut Approaches

Crude-for-Naira Deal To Ease Fuel Prices, Availability From October 1- NECA

FAAC Disburses N3.473trn To FG, States, LGs In Q2 – NEITI

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