Emmanuel Ochayi, Author at Prime Business Africa

Akpabio-Natasha Sexual Harassment Saga: Absurdity Of A Senate Investigating Itself

Senate Scores Executive Low On 2024 Budget Implementation

Capital Budget Implementation Criticised The Senate has criticised the executive for its poor implementation of the capital component of the 2024 budget. On Wednesday, the Senate urged the Federal Government to intensify

Emmanuel Ochayi

July 4, 2024

Cryptocurrency Platforms Begin Charging 7.5% VAT On Transaction In Nigeria

Business·News

Cryptocurrency Platforms Begin Charging 7.5% VAT On Transactions In Nigeria

KuCoin Implements VAT on Transactions KuCoin, a cryptocurrency exchange operating in Nigeria, announced on Wednesday that it would begin charging a 7.5% Value-Added Tax (VAT) on transaction fees starting July 8, 2024.

Emmanuel Ochayi

July 4, 2024

Business·News

Nigeria’s Food Crisis: Corruption, Mismanagement To Blame?

Corruption and Inefficiency: Root Causes of Nigeria’sFood Crisis In Nigeria, the daily struggle for survival is intensifying as Nigeria’s food crisis keeps rising. The cost of food is skyrocketing, with food inflation

Emmanuel Ochayi

July 4, 2024

Africa·News

Mauritania: 3 Protesters Die In Detention Over Post-Election Unrest

Protests Erupt After Presidential Election In Mauritania, three protesters have died in detention following mass arrests during post-election unrest in the town of Kaedi. The country’s interior ministry announced the deaths on

Emmanuel Ochayi

July 4, 2024

Africa·News

World Bank Approves $208m Grant To Aid Zambia Amid Severe Drought

World Bank Grant for Zambia The World Bank has approved a $208 million grant for Zambia to help mitigate the severe social and economic impacts of the ongoing drought. The country’s finance

Emmanuel Ochayi

July 4, 2024

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

Business·Markets·News

Equity Market Maintains Positive Momentum, Rises By 0.23% Despite Low Activity

Positive Performance in the Nigerian Equity Market Nigeria’s equity market recorded a 0.23 per cent increase at the close of trading on Wednesday, marking the second consecutive positive trading session this week.

Emmanuel Ochayi

July 4, 2024

Naira Falls Against Dollar Across FX Markets

Business·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 4th July 2024

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN)

Emmanuel Ochayi

July 4, 2024

US Election: Biden Pulls Out Of Presidential Race

News·World News

US Election: Biden Weighing Whether To Continue In The Race- Report

Biden Acknowledges Election Challenges President Joe Biden has admitted to a close ally that his chances of salvaging his candidacy hinge on convincing the public that he is fit for the job.

Emmanuel Ochayi

July 3, 2024

Naira Ends Week With N30 Gain In Black Market: Hope For Naira?

Business·News

Inflation: Nigerian Money Supply Hits N99trn, Sparks Economic Worries

Nigerian Money Supply Reaches Record High In May 2024, Nigeria’s money supply (M3) hit an unprecedented high of N99.23 trillion, raising concerns about the naira’s stability and ongoing inflation. According to the

Emmanuel Ochayi

July 3, 2024

Nigerians Spend N16.5trn On Diesel, Petrol, Generators For Self-Generated Power In 2023- Report

Business·News

Nigerians Spend N16.5trn On Diesel, Petrol, Generators For Self-Generated Power- Report

Informal Power Spending Soars In 2023 alone, Nigerians spent N16.5 trillion on diesel, petrol, and generators to meet their electricity needs. This figure dwarfs the N1 trillion revenue generated by the formal

Emmanuel Ochayi

July 3, 2024

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Emmanuel Ochayi

Senate Scores Executive Low On 2024 Budget Implementation

Cryptocurrency Platforms Begin Charging 7.5% VAT On Transactions In Nigeria

Nigeria’s Food Crisis: Corruption, Mismanagement To Blame?

Mauritania: 3 Protesters Die In Detention Over Post-Election Unrest

World Bank Approves $208m Grant To Aid Zambia Amid Severe Drought

Equity Market Maintains Positive Momentum, Rises By 0.23% Despite Low Activity

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 4th July 2024

US Election: Biden Weighing Whether To Continue In The Race- Report

Inflation: Nigerian Money Supply Hits N99trn, Sparks Economic Worries

Nigerians Spend N16.5trn On Diesel, Petrol, Generators For Self-Generated Power- Report

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