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.

Business·News

Presidential Committee Proposes Tax On Unofficial Forex Transactions

the Presidential Fiscal Policy and Tax Reform Committee, led by Taiwo Oyedele, has recommended the imposition of excise tax penalties on foreign exchange transactions conducted outside the official market.

October 25, 2023

2023 Lagos Guber: 'I’m Running On Records, Get Ready For More’ – Sanwo-olu

News

Sanwo-Olu Launches Vehicle Assembly Plant, First 2000 Vehicles To Be Rolled Out

The Lagos State Governor, Babajide Sanwo-Olu, has inaugurated a vehicle assembly plant, a joint venture between the Lagos State Government and the Chinese automobile company CIG Motors, with 2000 vehicles expected to hit the street soon. The assembly plant, situated along WEMPCO

October 25, 2023

NGX: Investors Gain N313bn As ASI Rebound By 0.70%

Business·Markets

NGX: FLOUR MILL, University Press, Others Among Top Gainers As All-Share Index Gains 0.5%

In a turn of events, the equities market yesterday made a rebound after several days of bearish performance. The All-Share Index surged by 0.5%, reaching 67,217.77 points, marking a positive shift in investor sentiment. The positive momentum translated into a notable N187

October 25, 2023

News

Nigeria’s Gas Flare Commercialisation Programme To Boost GDP By Over $1bn – NUPRC

The Nigerian Gas Flare Commercialisation Programme (NGFCP) is projected to inject over $1 billion into the country’s Gross Domestic Product (GDP). This revelation comes from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), which has been at the forefront of this transformative initiative.

October 25, 2023

News

CAC Uncovers 189 Fake Companies Used For Land Allocation Scam

The Corporate Affairs Commission (CAC) has uncovered 189 fake companies involved in a nefarious scheme to secure land allocations in the Federal Capital Territory.

October 24, 2023

AfDB Boosts Nigerian Fertilizer Industry With $75m Loan

News

$3trn Infrastructure Investment Required for Economic Growth In Nigeria – AfDB

A report by the African Development Bank (AfDB) has revealed that Nigeria needs $3 trillion Infrastructure Investment over the next three decades to foster its economic growth. This revelation comes alongside a shorter-term requirement of $165 billion, all aimed at catapulting Nigeria

October 24, 2023

Data War Analysis: Globacom Loses Data Market Share, Over 300,000 Subscribers Stop Using 9mobile Internet Service

News·Technology

Nigeria’s Mobile Subscriptions Drop To 220.71 Million In August

According to a report from the Nigerian Communications Commission (NCC), Nigeria saw a decrease of 0.07 per cent in active mobile subscriptions, marking a decline from 220.86 million in July to 220.71 million in August 2023. This decrease, equivalent to 145,026 fewer

October 24, 2023

Business·Markets

VFG Group, McNichols Among Top Losers As Capitalization Dips By N22bn

Equities at the Nigerian Exchange Limited (NGX) kicked off yesterday with a twist as market capitalization dipped by N22 billion, with a slump in the shares of VFG Group and 20 other stocks creating waves of uncertainty among investors. The All-Share Index

October 24, 2023

Nigeria’s Oil Production Declines By 33,000 Barrels As OPEC Reports Setback In September

Business·Oil & Gas

OPEC Canvasses $14trn Investment To Meet Soaring Global Oil Demand

OPEC Secretary General, Haitham Al Ghais, has made an urgent call for a $14 trillion investment between 2023 and 2045 in a plea to address the escalating global thirst for oil and energy demands.

October 24, 2023

Business·Finance & Economy

Experts Call For Local Production To Strengthen The Naira

Experts have pointed out that local productivity can strengthen the Naira. This is coming as Nigerians continue to decry the unending depreciation of the Naira in spite of monetary policy initiatives by the Central Bank of Nigeria (CBN) to strengthen the currency.

October 24, 2023

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Emmanuel Ochayi

Presidential Committee Proposes Tax On Unofficial Forex Transactions

Sanwo-Olu Launches Vehicle Assembly Plant, First 2000 Vehicles To Be Rolled Out

NGX: FLOUR MILL, University Press, Others Among Top Gainers As All-Share Index Gains 0.5%

Nigeria’s Gas Flare Commercialisation Programme To Boost GDP By Over $1bn – NUPRC

CAC Uncovers 189 Fake Companies Used For Land Allocation Scam

$3trn Infrastructure Investment Required for Economic Growth In Nigeria – AfDB

Nigeria’s Mobile Subscriptions Drop To 220.71 Million In August

VFG Group, McNichols Among Top Losers As Capitalization Dips By N22bn

OPEC Canvasses $14trn Investment To Meet Soaring Global Oil Demand

Experts Call For Local Production To Strengthen The Naira

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NGX Extends Gains As Market Cap Increases By N13.53bn

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Emmanuel Ochayi

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