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Feyisayo Ajayi

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.
Business

Caverton Q4 Revenue Slides Sharply as Losses Narrow Slightly

KEY POINTS Caverton’s fourth-quarter revenue fell to 3.74 billion naira from 13.11 billion naira in Q4 2024. Net loss narrowed slightly to 7.31 billion naira, with loss per share improving. Results reflect ongoing volatility and structural pressures in offshore logistics tied to oil and...
News

Ogoni Group Demands Probe Into Alleged $300m Compensation Fund

KEY POINTS Ogoni group demands investigation into alleged diversion of a 300 million dollars compensation fund meant for community development. Peaceful protest held in Bori, with calls to stop alleged illegal oil exploration in Lekuma communities. Group threatens wider protests and issues 14-day ultimatum...

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Business

The Gig Economy in Nigeria: Opportunities and Challenges for Freelancers

Nigeria's gig economy empowers freelancers with income opportunities, skill development, and independence, while challenges like earnings volatility and digital gaps persist.
Business

Africa’s Foreign Investment Boom: Key Drivers of Global Capital Flow

Africa attracts $53 billion in FDI, fueled by its natural resources, youthful market, green energy projects, and growing digital economy despite global challenges.
Society

Nigeria’s National Grid Challenges: Reform Efforts and Pathways to Sustainability

Nigeria’s energy sector faces persistent challenges, with grid inefficiencies and energy poverty hindering economic growth and development.
Politics

US to Return $53 Million in Seized Assets from Ex-Nigerian Oil Minister

US to return $53 million in seized assets from ex-Nigerian oil minister to fund development and security initiatives.
Business

Nigeria’s E-commerce Boom: Opportunities and Risks

Nigeria's e-commerce boom drives economic growth, creates jobs, fosters innovation, but faces infrastructure, security, and regulatory challenges.
News

Made in Nigeria: How Local Manufacturing is Competing on the Global Stage

Nigeria’s manufacturing sector thrives with "Made in Nigeria" initiatives, overcoming challenges to boost global competitiveness and economic growth.
Business

Vulnerable industries to watch: Nigeria’s Most Endangered Sectors in 2025

Nigeria's key sectors face risks in 2025, from energy transitions to climate change, inflation, and policy challenges.
Business

The Emergence of AI in Nigeria’s Leading 5 Companies

AI transforms Nigeria's top companies, boosting efficiency, innovation, and growth across banking, telecoms, fintech, manufacturing, and energy.
Business

Top 10 Founders driving Nigeria’s Tech revolution

Nigeria's tech leaders are redefining innovation, driving fintech, e-commerce, and telecom growth, shaping Africa’s digital future.
News

Lagos State Appeals Doctor’s Acquittal in Child Defilement Case

Lagos State appeals Supreme Court to reverse acquittal of Dr. Femi Olaleye in child defilement case.
News

Nigerian Government to Investigate Civilian Deaths in Sokoto Airstrike

Nigerian government pledges thorough investigation into the Sokoto airstrike that killed 10 civilians, citing erroneous intelligence as the cause.
News

CBN Grants Bureaux de Change Temporary Access to Official FX Market to Bolster Naira

CBN grants Bureaux de Change access to forex market while implementing measures to stabilize the Naira and curb speculation.
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Latest articles

Business

Caverton Q4 Revenue Slides Sharply as Losses Narrow Slightly

KEY POINTS Caverton’s fourth-quarter revenue fell to 3.74 billion naira from 13.11 billion naira...
News

Ogoni Group Demands Probe Into Alleged $300m Compensation Fund

KEY POINTS Ogoni group demands investigation into alleged diversion of a 300 million dollars...
News

Abuja Singer Nanyah Dies After Snake Bite as Search for Anti-Venom Proves Unsuccessful

KEY POINTS Abuja-based singer Ifunanya “Nanyah” Nwangene died after a snake bite and difficulty...
News

Nigerian Troops Kill Boko Haram Deputy Commander Abu Khalid, 10 Others in Borno Night Raid

KEY POINTS Nigerian troops killed Boko Haram deputy commander Abu Khalid and 10 other...

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