Emmanuel Ochayi, Author at Prime Business Africa

US Election 2024: Elon Musk, Donald Trump’s Livestream Marred by Technical Glitches

US Election 2024 in Focus The US Election 2024 is heating up, and one of the most talked-about events recently was the conversation between Elon Musk and Republican presidential candidate, Donald Trump.

Emmanuel Ochayi

August 13, 2024

Tether's Market Capitalisation Reaches $115 Billion, Solidifying Its Dominance In The Crypto Industry

Business·Markets·News

Tether’s Market Capitalisation Reaches $115 Billion, Solidifying Dominance In Crypto Industry

Tether’s Market Capitalisation Surpasses $115 Billion Tether’s USDT has achieved a milestone, with its market capitalisation crossing the $115 billion mark. This achievement solidifies Tether as the third-largest cryptocurrency by market capitalisation

Emmanuel Ochayi

August 12, 2024

Africa·Business·News·World News

African Union Launches Continental AI Strategy To Transform Development Goals

African Union Endorses AI Strategy for Development The African Union (AU) has taken a significant step towards embracing artificial intelligence (AI) as a key driver of development across the continent. On 9th

Emmanuel Ochayi

August 12, 2024

US Dollar's Share In Global Reserves Drops To 59% As BRICS Pushes De-Dollarization

Currency·News·World News

US Dollar Share In Global Reserves Drops To 59% As BRICS Pushes De-Dollarisation

US Dollar’s Global Reserve Share Falls to 59% in 2024 The US dollar, long considered the world’s leading reserve currency, has seen a significant decline in its share of global reserves. In

Emmanuel Ochayi

August 12, 2024

Business·News

Inflation Pressure Hit Nigerian Business Activity, Dropping to 8-Month Low

Inflation Triggers Business Decline in Nigeria Nigeria’s business landscape faced a notable setback in July as inflation pressure led to a steep decline in business activity. The latest Purchasing Managers’ Index (PMI)

Emmanuel Ochayi

August 12, 2024

SERAP sues Tinubu, govs over cybercrime law abuse

Business·Finance & Economy·News

SERAP Urges Tinubu To Investigate Alleged Mismanagement Of $1.5 Billion World Bank Loan

SERAP Demands Accountability for World Bank Loan The Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola Tinubu to take decisive action in investigating the alleged mismanagement of a $1.5

Emmanuel Ochayi

August 12, 2024

Business·News

700,000 manufacturers, MSMEs Seek FG’s N150bn Loan To Survive Economic Challenges

About 700,000 manufacturers and micro, small, and medium enterprises (MSMEs) in Nigeria are eagerly waiting to benefit from the Federal Government’s N150bn loan scheme, designed to support businesses struggling with the current

Emmanuel Ochayi

August 11, 2024

Naira Falls Against Dollar Across FX Markets

Business·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 20th July 2024

What is the Dollar to Naira Exchange rate at the black market, especially the Aboki fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the black market,

Emmanuel Ochayi

July 21, 2024

Business·News·Oil & Gas

Nigerian Troops Recover Over 700,000 Stolen Crude Oil In Major Operation

Troops Seize Over 700,000 Litres of Crude Oil In a significant crackdown on oil theft, Nigerian troops have recovered 715,325 litres of stolen crude oil and 148,415 litres of illegally refined diesel

Emmanuel Ochayi

July 20, 2024

Meta Fined €91 Million By EU For Password Security Breach

Business·News

Nigeria Fines Meta $220m For Data Violations

Meta Faces Significant Penalty Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) has announced a $220 million fine against Meta Platforms for violating consumer and data protection laws. The penalty follows a

Emmanuel Ochayi

July 19, 2024

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Emmanuel Ochayi

US Election 2024: Elon Musk, Donald Trump’s Livestream Marred by Technical Glitches

Tether’s Market Capitalisation Reaches $115 Billion, Solidifying Dominance In Crypto Industry

African Union Launches Continental AI Strategy To Transform Development Goals

US Dollar Share In Global Reserves Drops To 59% As BRICS Pushes De-Dollarisation

Inflation Pressure Hit Nigerian Business Activity, Dropping to 8-Month Low

SERAP Urges Tinubu To Investigate Alleged Mismanagement Of $1.5 Billion World Bank Loan

700,000 manufacturers, MSMEs Seek FG’s N150bn Loan To Survive Economic Challenges

Nigerian Troops Recover Over 700,000 Stolen Crude Oil In Major Operation

Nigeria Fines Meta $220m For Data Violations

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