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.

Tinubu Approves 15 Percent Import Duty on Petrol and Diesel

President Tinubu has approved a 15 percent import duty on petrol and diesel imports to strengthen local refining and stabilise the domestic oil market

IHS Nigeria Cuts Fuel Use By 50 Million Liters Through Project Green

IHS Nigeria cut diesel use by 50 million liters after investing $750 million in hybrid and solar power systems.

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Examining Infrastructure Development in Northern Nigeria

Infrastructure development in Northern Nigeria faces significant challenges, yet ongoing projects promise economic transformation and improved quality of life.

Wike Says PDP Ticket Unlikely for Atiku in 2027, Criticizes Party Leadership

Wike dismisses Atiku’s 2027 bid, citing past failures, PDP’s internal divisions, and leadership hurdles ahead of elections

ASUU Raises Alarm Over Plot to Destabilize Nigeria’s Public Universities

ASUU President, Prof. Emmanuel Osodeke, accused foreign entities of intensifying efforts to erode the country’s public education framework.

Impact of Nigeria’s Growing Tech Industry on the Economy

Nigeria’s tech industry drives economic growth, job creation, and foreign investment, advancing the nation’s shift from oil dependence.

NCDMB Launches $40 Million Funding for Female-Led Oil Firms

NCDMB launches $40 million fund to boost female-led businesses, aiming to close gender gap in Nigeria's oil and gas industry

PTML Customs Reports N288 Billion Revenue Surge

PTML Command set a record with N288 billion revenue in 2024, marking 34.8% growth and enhanced enforcement efficiency.

The Role of Political Parties in Nigeria’s Democracy

Nigerian political parties shape democracy but face challenges with ideological clarity, inclusivity, and accountability.

Ilobu Mourns Chief of Army Staff’s Death

Ilobu suspends annual celebrations to honor Lt. General Lagbaja following his sudden death ahead of Ilobu Day festivities.

Nigeria’s Grid Collapse Sparks Nationwide Blackouts Again.

Nigeria’s national grid suffers its 10th collapse in 2024, causing widespread blackouts across the country.

FG Faces Pushback Over Proposed Tax Reforms

CEO Adebisi Oderinde urges President Tinubu to delay tax reforms, citing risks for SMEs and Lagos's economy.

Investigating the recent power outages across Nigeria

Nigeria's power sector faces ongoing outages, infrastructure deficits, and gas supply shortages, hindering economic growth and daily life.

Dangote Refinery Rejects Allegations of Overpriced Petrol

Joseph Obele, noted that the refinery’s prices might be affected by reliance on imported crude oil's susceptibility to global market

Latest articles

Tinubu Approves 15 Percent Import Duty on Petrol and Diesel

President Tinubu has approved a 15 percent import duty on petrol and diesel imports to strengthen local refining and stabilise the domestic oil market

IHS Nigeria Cuts Fuel Use By 50 Million Liters Through Project Green

IHS Nigeria cut diesel use by 50 million liters after investing $750 million in hybrid and solar power systems.

Lagos Waterfront Demolition Leaves Oworonshoki Families Homeless, Desperate

Hundreds of Oworonshoki residents remain homeless after a midnight demolition left families struggling to survive in open fields.

Nigeria’s Service Chiefs Outline Plans To Tackle Security Challenges

Nigeria’s new military leaders outlined clear plans to strengthen internal security and called for reforms in the police system.