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.
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Dangote Sugar Refinery’s loss widens to N184.4bn on higher finance cost
Dangote Sugar Refinery, an integrated sugar business in Nigeria, has seen its…
Cadbury Nigeria incurs N12bn loss on higher costs
Cadbury Nigeria, a food, sweets and drink company in Nigeria, has recorded…
Seven highlights from United Capital’s nine-month financials
United Capital, a pan-African financial services institution, recorded an 89 percent growth…
Cost management drives Transcorp Hotels’ profit to N10.24bn
Transcorp Hotels, the hospitality subsidiary of Transnational Corporation of Nigeria Plc, has…
Nigeria to benefit from €4bn German green energy investment
Nigeria is set to benefit from Germany’s ambitious €4 billion investment in…
IMF approves $3.6bn funding package for low-income countries
The executive board of the International Monetary Fund (IMF) has approved some…
Nigeria’s weaker-than-expected activity drags SSA economic growth — IMF
The International Monetary Fund (IMF) has projected slower growth for the sub-Saharan…
NIDF’s interest income jumps 40% on yields
The Nigeria Infrastructure Debt Fund (NIDF), the first listed infrastructure debt fund…