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

Nigeria’s FX Crisis Deepens As Foreign Investments Drop Amid Liquidity Concerns

Foreign Exchange Crisis Hits Nigeria’s Investment Market The persistent FX crisis in Nigeria has caused a significant downturn in foreign investments, with investors fleeing the market. Nigeria, once Africa’s largest economy, has struggled to attract both foreign direct investments (FDI) and foreign

October 12, 2024

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

Business·Markets·News

Nigerian Equity Market Closes In The Green As All-Share Index Gains 0.13%

The Nigerian equity market closed on a positive note on October 11, 2024, as the All-Share Index (ASI) rose by 0.13%, adding 129.44 points to close at 97,606.63. This uptick in performance highlights the continued resilience of Nigeria’s stock market, with investors

October 12, 2024

Federal High Court Denies Bail To Binance Executive Gambaryan Again

Business·News

Again, Federal High Court Denies Binance Executive, Gambaryan Bail

Binance Executive’s Bail Denied Despite Health Claims The Federal High Court in Maitama has once again denied the bail application of Tigran Gambaryan, a top executive of Binance Holdings Ltd, who is facing a multi-million-dollar money laundering case. Gambaryan, who has been

October 12, 2024

Naira Falls Against Dollar Across FX Markets

Business·Markets·News

Net Forex Inflows To Nigeria Surge By 67.8% In First Half

Net Forex Inflows Experience Significant Growth in 2024 Net foreign exchange (Net Forex) inflows into Nigeria’s economy surged by 67.8% in the first half of 2024, rising from $16.44 billion in the same period of 2023 to $27.6 billion. This growth was

October 12, 2024

Business·News·Oil & Gas

NNPCL Lacks Power To Fix Petroleum Prices, Says Falana

Human rights lawyer, Femi Falana, has criticised the Nigerian National Petroleum Company Limited (NNPCL) for setting petroleum prices, arguing that the practice is illegal according to the law that governs the company. Falana made this claim in response to NNPCL’s recent announcement

October 11, 2024

Food Prices Rises Continually As Two-thirds Go Hungry- Report

Business·News

Nigeria Among Top 5 Nations Facing Food Inflation, Says World Bank

A recent report by the World Bank has said that Nigeria is among the top five countries worst affected by food inflation worldwide. The report, released in September, highlights Nigeria’s deteriorating food security due to rising inflation, conflict, and climate-related challenges. The

October 11, 2024

Dangote Refinery To Start Processing Only Nigerian Oil By Year End

Business·Markets·Oil & Gas

Nigerian Govt Permits Marketers To Lift Petrol Directly From Dangote Refinery

In a significant shift for Nigeria’s petroleum industry, the Federal Government has approved a new system that allows petroleum marketers to lift petrol directly from the Dangote Refinery. This change bypasses the Nigerian National Petroleum Company Limited (NNPCL), marking a move towards

October 11, 2024

News·World News

Israeli Airstrike On Gaza School Leaves 28 Dead, Dozens Injured

An Israeli airstrike on a school in the central Gaza Strip has left 28 people dead and more than 50 injured, according to the Palestinian Red Crescent. The Rufaida al-Aslamia school, located in the town of Deir al-Balah, was being used as

October 11, 2024

Barely 48 Hours After Petrol Price Hike; Food, Transportation Prices Remain Unchanged

Business·FEATURES·News·Oil & Gas

48 Hours After Petrol Price Hike: Food, Transport Costs Remain Unchanged

Petrol Price Hike Sparks Concern, but Lagos Transport and Food Prices Stay Unchanged In the wake of the latest petrol price hike by the Nigerian National Petroleum Company Limited (NNPCL) to N1,000 and N1,030 per litre, up from N897 and N900, Nigerians

October 11, 2024

Business·News·Oil & Gas

Atiku Slams Tinubu Over Hardship, Labels Him ‘T-Pain’

Former Vice President Atiku Abubakar has strongly criticised President Bola Tinubu for the ongoing economic hardship that Nigerians are facing, particularly due to the rise in fuel price. Atiku, who was the 2023 presidential candidate for the People’s Democratic Party (PDP), took

October 11, 2024

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Emmanuel Ochayi

Nigeria’s FX Crisis Deepens As Foreign Investments Drop Amid Liquidity Concerns

Nigerian Equity Market Closes In The Green As All-Share Index Gains 0.13%

Again, Federal High Court Denies Binance Executive, Gambaryan Bail

Net Forex Inflows To Nigeria Surge By 67.8% In First Half

NNPCL Lacks Power To Fix Petroleum Prices, Says Falana

Nigeria Among Top 5 Nations Facing Food Inflation, Says World Bank

Nigerian Govt Permits Marketers To Lift Petrol Directly From Dangote Refinery

Israeli Airstrike On Gaza School Leaves 28 Dead, Dozens Injured

48 Hours After Petrol Price Hike: Food, Transport Costs Remain Unchanged

Atiku Slams Tinubu Over Hardship, Labels Him ‘T-Pain’

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Emmanuel Ochayi

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