Feyisayo Ajayi is a finance reporter at Billionaires Africa, covering company valuations, latest market trends, and developments in the African continent with a special focus on finance, energy & renewables, and technology.
KEY POINTS
Lagos Assembly plans to spend N55.4bn in 2026 on lawmakers’ quarters and beautification projects.
Only N16bn is allocated to community-based infrastructure interventions.
Budget reviews show a pattern of heavy spending on lawmakers’ welfare, vehicles, generators, and renovations despite wider public infrastructure challenges.
The...
KEY POINTS
Gunmen killed 13 people in an attack on Anwase Market in Kwande LGA, Benue State.
The assault followed another attack two days earlier in Abande community.
Community leaders warn of worsening insecurity as residents flee their homes amid repeated violence.
Gunmen suspected to...
Nigeria's gig economy empowers freelancers with income opportunities, skill development, and independence, while challenges like earnings volatility and digital gaps persist.
Africa attracts $53 billion in FDI, fueled by its natural resources, youthful market, green energy projects, and growing digital economy despite global challenges.
Nigeria’s manufacturing sector thrives with "Made in Nigeria" initiatives, overcoming challenges to boost global competitiveness and economic growth.