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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.
668 Articles

MTN Nigeria’s quarterly FX loss swells to N656bn, biggest in six years

The foreign exchange loss of MTN Nigeria Communications Plc, the country's biggest…

7 Min Read

Cadbury, Nestlé lead other manufacturers in borrowing cost growth

Cadbury Nigeria Plc, Nestlé Nigeria Plc, and Lafarge Africa Plc were the…

9 Min Read

Zenith Bank to pay shareholders N125.6bn dividend in 2023

Zenith Bank, a large financial service provider in Nigeria and Anglophone West…

2 Min Read

International Breweries’ three-month loss widens to N60bn

International Breweries, an alcoholic beverage maker in Nigeria, reported an after-tax loss…

4 Min Read

Unilever Nigeria to pay shareholders N4.3bn dividend in 2023

Unilever Nigeria, a manufacturer and marketer of consumer products has approved to…

2 Min Read

Eight Nigerian banks see 472% surge in FX gain

The combined foreign exchange revaluation gains of eight Nigerian banks rose by…

6 Min Read

Standard Chartered, Lagos Food Bank to support 300 families

Standard Chartered Bank has partnered with the Lagos Food Bank Initiative to…

2 Min Read

Custodian Investment set to hold board meeting to approve unaudited financial statements 

Custodian Investment PLC , will hold a board meeting to approve unaudited…

1 Min Read
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