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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.
664 Articles

Manufacturers’ borrowing costs almost triple in one year

The combined borrowing costs of nine manufacturers in Nigeria rose by 193.3…

9 Min Read

UACN swings to record quarterly profit on FX gain

UAC of Nigeria (UACN) Plc, an investment holding company, reported an after-tax…

5 Min Read

Why GTCO’s quarterly earnings surged almost eight-fold in one year

The earnings of Guaranty Trust Holding Company Plc (GTCO), a multinational financial…

3 Min Read

Access Holdings’ three-month profit more than doubles to N159bn

Access Holdings Plc recorded an after-tax profit of N159.3 billion in the…

2 Min Read

Nestle Nigeria posts first quarter loss for first time in 12 years

Nestle Nigeria Plc, one of the largest food and beverage companies in…

3 Min Read

Dangote Sugar sees backward integration as best option

Dangote Sugar Refinery Plc, a major operator in the production, refining, and…

4 Min Read

Ikeja Hotel’s quarterly profit soars more than 28-fold to N604m

The earnings of Ikeja Hotel Plc jumped more than 28-fold in the…

3 Min Read

Accion MfB empowers female entrepreneurs with digital skills

Accion Microfinance Bank (MfB) has equipped female entrepreneurs with digital skills to…

2 Min Read
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