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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.
News

Court Finds Former Power Minister Saleh Mamman Guilty in N33.8bn Fraud Case

KEY POINTS Former Power Minister Saleh Mamman was convicted on 12 counts of fraud and money laundering involving ₦33.8 billion. The court found that funds meant for major hydroelectric power projects were diverted through Bureau de Change operators. Mamman was absent during judgment, leading...
News

Tinubu Reassigns Fani-Kayode to South Africa After Germany Posting Controversy

KEY POINTS Femi Fani-Kayode has been reassigned from Germany to South Africa as Nigeria’s High Commissioner. He denied claims that Germany rejected his appointment, saying he personally requested the redeployment. Fani-Kayode threatened legal action against media outlets that reported the alleged rejection story. Former Aviation...

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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

News

Court Finds Former Power Minister Saleh Mamman Guilty in N33.8bn Fraud Case

KEY POINTS Former Power Minister Saleh Mamman was convicted on 12 counts of fraud...
News

Tinubu Reassigns Fani-Kayode to South Africa After Germany Posting Controversy

KEY POINTS Femi Fani-Kayode has been reassigned from Germany to South Africa as Nigeria’s...
News

Sokoto Meningitis Outbreak Claims 33 Children, Over 250 Suspected Cases Recorded

  KEY POINTS Sokoto State confirmed 33 child deaths and 256 suspected meningitis cases across...
Politics

Jonathan Says He Will Consult Widely Before Deciding on 2027 Presidential Race

KEY POINTS Goodluck Jonathan said he will consult widely before deciding on a 2027...