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Folake Balogun

Folake Balogun is a renowned tech journalist who offers insightful and critical analysis of the African rapidly growing digital economy, particularly within Nigeria. She closely monitors the health of the African startup ecosystem by covering significant venture capital trends, investment deals, and the challenges faced by emerging firms. Known for her deep dives into the fintech sector, she covers the evolution of digital payments, dynamics of major financial innovations and also extends to emerging technologies such as Artificial Intelligence (AI) and the future of connectivity by providing context to their economic and social impact.
675 Articles

Union Dicon Salt’s six-month profit drops 69% to N37m

Union Dicon Salt, a processor and marketer of crude salt in Nigeria,…

5 Min Read

LBS, APPOEMN sign MoU to professionalise event mgt practice in Nigeria

Event and party management in Nigeria is reaching new heights, as the…

3 Min Read

Nigeria’s fiscal deficit drops 29% to N2.82trn

Nigeria’s budget deficit has reduced by 29 percent from 2023 as the…

5 Min Read

How Coca-Cola Beverages Africa is boosting growth with new production line

Coca-Cola Beverages Africa’s new plastic bottle production line in its East Africa…

3 Min Read

Consumer goods firms’ interest expense jumps more than five-fold in one year

Out of 11 consumer goods firms listed on the Nigerian Exchange Limited,…

10 Min Read

Nascon sees first-half profit dips to N4.84bn despite revenue growth

Nascon Allied Industries, a salt maker in Nigeria, has recorded a 17…

5 Min Read

Here are 5 highlights from Cadbury Nigeria’s first-half results

The revenue of Cadbury Nigeria Plc, a food, sweets, and drink company…

4 Min Read

Fitch downgrades Dangote Industries as naira devaluation takes toll on earnings

Fitch Ratings has downgraded Dangote Industries Limited due to the significant deterioration…

4 Min Read
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