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 Exchange Rate Crisis Strands Imported Vehicles At Nigerian Seaport- Custom

News

Naira Exchange Rate Crisis Strands Imported Vehicles At Seaport- Custom

Nigerian customs authorities have revealed that the ongoing crisis in the Nigeria exchange rate has left imported vehicles stranded at a major Nigerian seaport. This was revealed by Comptroller Dera Nnadi, the Nigeria Customs Service area controller for the Tin Can Island

September 28, 2023

Business·News·World News

Evergrande’s Chairman Under Police Watch Amid Uncertain Future

Trading in shares of China Evergrande Group (3333.HK) was abruptly suspended today following reports of its chairman, Hui Ka Yan, being placed under police surveillance. The development has intensified concerns over the beleaguered developer’s future as liquidation risks loom large. Evergrande, grappling

September 28, 2023

Business·Finance & Economy·News

FG To Release Of CBN Audit Report Soon

The Federal Government of Nigeria has revealed that the special investigator, Jim Obazee, has completed an extensive audit report on the operations of the Central Bank of Nigeria (CBN). This highly anticipated report is expected to shed light on the issues that

September 28, 2023

News

IMF Urges Nigeria, Sub-Saharan Africa To Ditch Tax Exemptions For Growth

The International Monetary Fund (IMF) has called on Nigeria and Sub-Saharan African nations to prioritize the removal of tax exemptions and boost domestic revenue generation as a means to tackle fiscal deficits. In their recent publication titled ‘Avoiding a Debt Crisis in

September 28, 2023

Business·Markets·News

Nigerian Stock Market Soars To N2.42 Trillion As Investors Embrace Pro-Market Reforms

In a remarkable surge driven by intensified bargain-hunting for Nigerian equities, the Nigerian equities market has achieved a staggering total transaction value of N2.42 trillion in the first eight months of 2023. A report released by the Nigerian Exchange (NGX) unveiled this

September 28, 2023

Nyesom Wike has once again stirred the hornet’s nest. The former Governor of Rivers State and current Minister of the Federal Capital Territory (FCT) is no stranger to controversy

Business·News

FCT Minister Sacks 21 Heads Of Parastatals, Agencies, Promises New Appointments

Minister of the Federal Capital Territory, Nyesom Wike, has announced the immediate removal of 21 heads of parastatals and agencies within the FCT Administration (FCTA). This was confirmed by the Director of Press, Office of the Minister, Anthony Ogunleye, in a statement

September 28, 2023

Access Bank Obtains Central Bank of Angola’s Approval To Acquire 80% of Finibanco

Agro-Economy·Business·News

Access Bank Invests Over N200 Billion In Agribusiness, Benefitting 10,000+ Ventures

Access Bank Plc’s Executive Director of Commercial Banking, Hadiza Ambursa, has announced that the bank’s investment in agribusiness has surpassed a staggering N200 billion, leading to significant benefits for over 10,000 agribusinesses across Nigeria. Speaking at the bank’s Agriculture and Development Desks

September 28, 2023

Binance To Exit Russia Amidst US Sanctions Probe

Business·Currency·News

Binance To Exit Russia Amidst Sanctions Violation Probe By US

Cryptocurrency giant, Binance, on Wednesday, announced decision to divest its Russian operations, citing its commitment to compliance and distancing itself from potential sanctions violations. This comes in the wake of months-long investigations by US authorities into alleged sanctions breaches involving Russian users

September 27, 2023

Business·News·Oil & Gas

Afrexim Seeks $3 Billion Loan From Oil Traders To Bolster Nigeria’s Naira

In a groundbreaking move aimed at shoring up Nigeria’s dwindling naira, Afrexim Bank is actively engaging oil traders to secure a $3 billion loan for the country’s national oil enterprise, NNPC LTD. The oil-backed loan is pivotal to Nigeria’s ongoing efforts to

September 27, 2023

How Nigeria’s External Reserves Rose By 5.6% To $38.8bn In 2024 — CBN

Business·Currency·News

FG Urges CBN To Trim BDCs From 5,000 To 200

Tope Fasua, Special Adviser to President Tinubu on Economic Affairs, has sparked intense debate with a proposal for the reduction of Nigeria’s 5,000+ Bureau de Change operators to just 200 in a major economic policy event. Fasua’s striking suggestion aims to address

September 27, 2023

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Silver Slides as Investors Lock in Profits Amid Receding Fears

The pullback comes as broader risk appetite improved, fueled by

Japan’s Stocks Could Rally Further As Takaichi Becomes First Female PM

Takaichi's historic election as Japan's first female leader has given

UPDATED: Moniepoint Managers Speak On $200 million ‘Miraculous’ Fundraise – Backed by DPI, Google, Visa, IFC, and LeapFrog

The move follows UK market entry and launch of digital

‘Rare Earths ‘Arms Race’ Will Define 2026’

The global scramble for rare earths and other critical minerals

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Emmanuel Ochayi

Naira Exchange Rate Crisis Strands Imported Vehicles At Seaport- Custom

Evergrande’s Chairman Under Police Watch Amid Uncertain Future

FG To Release Of CBN Audit Report Soon

IMF Urges Nigeria, Sub-Saharan Africa To Ditch Tax Exemptions For Growth

Nigerian Stock Market Soars To N2.42 Trillion As Investors Embrace Pro-Market Reforms

FCT Minister Sacks 21 Heads Of Parastatals, Agencies, Promises New Appointments

Access Bank Invests Over N200 Billion In Agribusiness, Benefitting 10,000+ Ventures

Binance To Exit Russia Amidst Sanctions Violation Probe By US

Afrexim Seeks $3 Billion Loan From Oil Traders To Bolster Nigeria’s Naira

FG Urges CBN To Trim BDCs From 5,000 To 200

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Silver Slides as Investors Lock in Profits Amid Receding Fears

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Japan’s Stocks Could Rally Further As Takaichi Becomes First Female PM

‘UK Borrowing Crisis Makes pension Tax Raid Almost Inevitable’

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Sanwo-Olu Unveils West Africa’s Largest Library at Lagos State University

Silver Slides as Investors Lock in Profits Amid Receding Fears

Cargo Plane Skids Off Runway, Killing 2 Crew Members

Japan’s Stocks Could Rally Further As Takaichi Becomes First Female PM

Silver Slides as Investors Lock in Profits Amid Receding Fears

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UPDATED: Moniepoint Managers Speak On $200 million ‘Miraculous’ Fundraise – Backed by DPI, Google, Visa, IFC, and LeapFrog

‘Rare Earths ‘Arms Race’ Will Define 2026’

Sanwo-Olu Unveils West Africa’s Largest Library at Lagos State University

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Emmanuel Ochayi

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