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.

FG domestic borrowing hits N8.1tn in Q1 2026

FG domestic borrowing reached N8.1 trillion in the first quarter of 2026, a 7.4 percent year-on-year rise that already overshoots the quarterly benchmark the 2026 Appropriation Act implies.

Manufacturing sector taxes climb to N2.05tn in 2025

Nigeria's manufacturing sector contributed N2.05 trillion in total taxes in 2025, with VAT and Company Income Tax both posting double-digit gains, according to the National Bureau of Statistics.

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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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Latest articles

FG domestic borrowing hits N8.1tn in Q1 2026

FG domestic borrowing reached N8.1 trillion in the first quarter of 2026, a 7.4 percent year-on-year rise that already overshoots the quarterly benchmark the 2026 Appropriation Act implies.

Manufacturing sector taxes climb to N2.05tn in 2025

Nigeria's manufacturing sector contributed N2.05 trillion in total taxes in 2025, with VAT and Company Income Tax both posting double-digit gains, according to the National Bureau of Statistics.

Flood swamps Lagos primary school as pharma company’s canal project leaves children out of class

A pharmaceutical company's construction project has blocked a Lagos canal, flooding a primary school and keeping hundreds of children out of class.

SDP’s Adebayo confirms 2027 presidential bid, warns Nigeria is drifting toward one-man rule

SDP leader Prince Adewole Adebayo has confirmed a 2027 presidential run and warned that Nigeria risks one-man rule, not a one-party state.