Emmanuel Ochayi

Emmanuel Ochayi is a journalist. He is a graduate of the University of Lagos, School of first choice and the nations pride. Emmanuel is keen on exploring writing angles in different areas, including Business, climate change, politics, Education, and others.

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency·News

Naira Depreciates In Official Market, Black Market On Wednesday

The naira took a dip against the U.S. dollar, leaving speculators scratching their heads. The official market, usually a bastion of stability, witnessed a 0.55% depreciation, closing at N874.71 to a dollar on Wednesday. This marked a contrast to the brief uptick recorded

November 9, 2023

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

Business·Markets·News

JAPAULGOLD, OMATEK, Others Top Gainers As Market Capitalization Surges To N38.885 Trillion

The NGX All-Share Index continued its upward trajectory, closing at 70,773.31 points today, inching closer to the elusive 71,000 mark. The market witnessed a gain of N87 billion, propelling the market capitalization to N38.885 trillion. Market analysts attribute this positive trend to

November 9, 2023

Naira Depreciation Spurs Export Surge To N35trn

Business·Currency·News

Old, Redesigned Naira Notes Remain Legal Tender – CBN

The Central Bank of Nigeria (CBN) has reiterated that the old and newly redesigned naira notes remain legal tender. The CBN emphasized this point following Section 20(5) of the CBN Act, 2007. Despite previous assurances of adequate cash stocks across the country,

November 8, 2023

Africa·Business·News

AfDB Unveils $15 Billion Investment Interest In Abidjan-Lagos Highway Corridor

Dr. Akinwumi Adesina, President of the African Development Bank (AfDB) has announced that the Abidjan-Lagos highway corridor, a lifeline for regional economic integration has attracted $15.5 billion in investment interest. Speaking during the 2023 Africa Investment Forum (AIF) Market Days in Marrakech held

November 8, 2023

Ajero Brutal Treatment: NLC, TUC Declare Nationwide Strike

Business·News

Aviation Unions Ground Flights To Owerri Airport Over Ajero’s Humiliation

All flights to Owerri Airport in Imo State will come to a standstill starting from midnight on Thursday. This decision was announced by a coalition of aviation industry unions, who also took the extraordinary step of declaring Mr. Hope Uzodimma, the Governor

November 8, 2023

Business·News

Customs Seizes N1.2 Billion Worth Of Foreign Rice, Others In October

The Nigeria Customs Service has made a stride by seizing 13 trailer loads of foreign parboiled rice, along with 17 vehicles and various contraband items worth N1,241,777,700 during October. This news came to light through an official statement on the Nigerian Customs

November 8, 2023

Agro-Economy·Business·News

Nigeria’s Agricultural Exports Face US Rejection Due To Food Safety Gaps- USDA

The United States Department for Agriculture (USDA) pointed out that Nigeria’s agricultural produce is facing rejection in the international market, primarily due to a lack of food safety documentation. This disconcerting issue was highlighted by the Councilor for Agriculture Affairs, USDA, Christopher

November 8, 2023

Africa·Business·News·Oil & Gas

NNPCL, Aiteo Launch Nembe Crude Oil Grade

The Nigerian National Petroleum Company Limited (NNPCL) and Aiteo have jointly introduced the Nembe crude oil grade. The announcement was made at the Argus European Crude Conference in London, with Olufemi Soneye, NNPCL’s Chief Corporate Communications Officer, delivering the news on Wednesday,

November 8, 2023

Agro-Economy·Business·News

NASENI, Ministry of Agriculture Partner To Boost Agro-Allied Industries, Food Security

The National Agency for Science and Engineering Infrastructure (NASENI) and the Federal Ministry of Agriculture and Food Security have initiated discussions to harness their technical expertise and resources for the enhancement of agro-allied industries, climate change mitigation, and smart solar irrigation to

November 8, 2023

Business·News

EFCC Arraigns 11 OAU Students For Internet Fraud, Grants Bail To 6

The Ibadan Zonal Command of the Economic and Financial Crimes Commission (EFCC) on Monday arraigned eleven students of Obafemi Awolowo University (OAU) before Justice Nathaniel Ayo-Emmanuel of the Federal High Court in Osogbo, Osun State. The students were accused of their alleged

November 8, 2023

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Emmanuel Ochayi

Naira Depreciates In Official Market, Black Market On Wednesday

JAPAULGOLD, OMATEK, Others Top Gainers As Market Capitalization Surges To N38.885 Trillion

Old, Redesigned Naira Notes Remain Legal Tender – CBN

AfDB Unveils $15 Billion Investment Interest In Abidjan-Lagos Highway Corridor

Aviation Unions Ground Flights To Owerri Airport Over Ajero’s Humiliation

Customs Seizes N1.2 Billion Worth Of Foreign Rice, Others In October

Nigeria’s Agricultural Exports Face US Rejection Due To Food Safety Gaps- USDA

NNPCL, Aiteo Launch Nembe Crude Oil Grade

NASENI, Ministry of Agriculture Partner To Boost Agro-Allied Industries, Food Security

EFCC Arraigns 11 OAU Students For Internet Fraud, Grants Bail To 6

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