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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

Otedola Raises First HoldCo Stake to 26.6% With Fresh N12.6bn Investment

KEY POINTS Otedola bought another 95.69 million First HoldCo shares for N12.58 billion. His total stake has risen to about 12.23 billion shares, or 26.6 percent. His First HoldCo holding is now worth approximately N1.61 trillion. Femi Otedola, chairman of First HoldCo Plc, has further...
News

Suspected Lakurawa Fighter Linked to Niger Mosque Attack

KEY POINTS A suspected Lakurawa fighter identified as Mar Dego has been linked by local sources to Friday’s mosque attack in Dekera, Niger State. Gunmen reportedly abducted several worshippers during prayers. Community leaders are calling for increased security presence as authorities have yet to...

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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

Otedola Raises First HoldCo Stake to 26.6% With Fresh N12.6bn Investment

KEY POINTS Otedola bought another 95.69 million First HoldCo shares for N12.58 billion. His...
News

Suspected Lakurawa Fighter Linked to Niger Mosque Attack

KEY POINTS A suspected Lakurawa fighter identified as Mar Dego has been linked by...
News

Troops Intercept Gun Runners, Rescue Six Kidnap Victims in Zamfara

KEY POINTS Troops arrested three suspected gun runners in Zamfara. An AK-103-2 rifle and...
News

Lagos Electrician Alleges Four-Day Police Detention, ₦45,000 Extortion Over Missing Phone

KEY POINTS Lagos electrician Sunday Moses Olugbemi alleges police detained him for four days...