Emmanuel Ochayi, Author at Prime Business Africa

NNPCL Reduces Stake In Dangote Refinery As It Repays 60% Of $1bn Loan

NNPCL Loan Repayment and Stake Reduction in Dangote Refinery The Nigerian National Petroleum Company Limited (NNPCL) has repaid 60 percent of the $1.036 billion loan it secured in September 2021 for its

Emmanuel Ochayi

August 20, 2024

Business·News

Grand Towers Limited Reports 600% Asset Growth, Over 1000% Earnings Increase In 2023 Financial Year

Grand Towers Limited has released its annual financial report for the year ending December 31, 2023, showcasing impressive growth and strategic achievements. The report reveals a remarkable 600% increase in total assets,

Emmanuel Ochayi

August 20, 2024

Business·News

GTBank’s Cyber Attack: A Warning Sign for Nigeria’s Financial Sector

In recent years, the Nigerian banking sector has faced a growing threat from cybercriminals. The latest incident involves Guaranty Trust Bank Plc (GTBank), which recently confirmed an attempted cyber attack on its

Emmanuel Ochayi

August 20, 2024

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

Business·Markets·News

Nigerian Equity Market Opens Week With Losses Amid Investor Caution

Nigerian Equity Market Sees Decline as Key Stocks Struggle The equity market in Nigeria began the week on a down note as investors’ sentiment remained bearish. The Nigerian Exchange Limited (NGX) reported

Emmanuel Ochayi

August 20, 2024

Business·News

How to Register Your Business Name in Nigeria

As a business owner in Nigeria, one of the essential steps to establishing your venture is registering your business name. This process not only provides legal recognition but also opens doors to

Emmanuel Ochayi

August 20, 2024

NNPC Seeks New $2 Billion Oil-Backed Loan To Boost Finances

Business·News·Oil & Gas

Fuel Crisis: NNPCL’s Promises Fail To Ease Black Market Surge

Black Market Thrives Amid Fuel Scarcity The Nigerian National Petroleum Company Limited (NNPCL) promised to end the queues for Premium Motor Spirit (PMS), commonly known as petrol, by mid-week. However, the black

Emmanuel Ochayi

August 19, 2024

6 Factors Behind Poor Performance Of Nigeria’s Oil & Gas Stocks This Year

Business·Markets·News

Nigerian Equity Market Continues Downward Trend, Losing N847bn In 2 Weeks

Nigerian Equity Market Faces Extended Downtrend The Nigerian equity market continued its downward trend for the second consecutive week, losing a staggering N847.03 billion due to widespread sell-offs. This ongoing decline is

Emmanuel Ochayi

August 19, 2024

News·World News

Israeli Security Minister Warns Of Imminent Regional War Without Gaza Ceasefire

Gallant Warns of Unstoppable Regional War Israeli Security Minister, Yoav Gallant, has issued a warning about the potential for a “regional war” involving Hezbollah and Iran if a ceasefire deal in Gaza

Emmanuel Ochayi

August 19, 2024

Business·News

Chinese Firm Targets Nigerian Assets Amid £20M Judgment Battle

Chinese Company Pursues Assets Seizure Against Nigeria Zhongshan Fucheng Industrial Investment Co. Limited, a Chinese firm, is actively pursuing the seizure of Nigerian assets following a recent £20 million judgment awarded in

Emmanuel Ochayi

August 19, 2024

How Nigeria's FX Reserves Dropped By $1.3bn– Report

Business·News

Nigeria’s External Reserves Decline By $342m Amid Plans For $500m Domestic Dollar Bond

External Reserves Dip Amidst Bond Issuance Plans Nigeria’s external reserves have dropped by approximately $342.97 million in just nine days, according to the latest data from the Central Bank of Nigeria (CBN).

Emmanuel Ochayi

August 19, 2024

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Emmanuel Ochayi

NNPCL Reduces Stake In Dangote Refinery As It Repays 60% Of $1bn Loan

Grand Towers Limited Reports 600% Asset Growth, Over 1000% Earnings Increase In 2023 Financial Year

GTBank’s Cyber Attack: A Warning Sign for Nigeria’s Financial Sector

Nigerian Equity Market Opens Week With Losses Amid Investor Caution

How to Register Your Business Name in Nigeria

Fuel Crisis: NNPCL’s Promises Fail To Ease Black Market Surge

Nigerian Equity Market Continues Downward Trend, Losing N847bn In 2 Weeks

Israeli Security Minister Warns Of Imminent Regional War Without Gaza Ceasefire

Chinese Firm Targets Nigerian Assets Amid £20M Judgment Battle

Nigeria’s External Reserves Decline By $342m Amid Plans For $500m Domestic Dollar Bond

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