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.
756 Articles

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

Nigerian businesses establish coalition to boost AfCFTA implementation

Thirty-six Nigerian business associations, with support from the Center for International Private…

3 Min Read

Nestle Nigeria’s after-tax loss widens 254% on naira devaluation

Nestle Nigeria has recorded an after-tax loss of N176.9 billion in the…

4 Min Read

Debt service-to-revenue ratio drops to 74%, lowest in five years

…Fuelled by devaluation Nigeria’s debt service-to-revenue stood at 74.3 percent in the…

8 Min Read

Inflation weakens business activity first time in eight months

Business activity in Nigeria fell for the first time in eight months…

4 Min Read

Nigeria’s business activity falls for first time in 8 months

Business activity in Nigeria fell for the first time in eight months…

2 Min Read

NATOP, NCAC partner to explore collaborative opportunities

The Nigeria Association of Tour Operators (NATOP) have partnered with the National…

2 Min Read

Mushin, Oyingbo market women pay N21m yearly without basic amenities

About 2,000 women plying their trade in Mushin and Oyingbo markets in…

14 Min Read
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