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David Olujinmi

David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene. With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.
433 Articles

Dangote Cement hit N503 billion net profit in 2024 

Dangote Cement posted a net profit of N503.2 billion in the 2024…

3 Min Read

USAID’s Power Africa: Counting wins, losses as funding vanishes

After more than a decade, the United States government has officially discontinued…

6 Min Read

Nigeria missing as Africa accounts for 35% of newly discovered oil in 2024

Other African nations are now leading the charge in newly discovered crude…

4 Min Read

Caverton seeks magic wand to offset losses with NNPC deal

Caverton Offshore Support Group, through its subsidiary Caverton Shipping, has signed an…

4 Min Read

Nestlé posts N164.6bn net loss for 2024, on FX losses, interest rate

Nestle Nigeria posted a net loss of N164.6 billion for the 2024…

3 Min Read

How CBN fixed exchange rate disparity in 17 months

Over the past 18 months, the Central Bank of Nigeria (CBN) has…

4 Min Read

Nigerian Banks will have no difficulty in capturing the Francophone market – Georges Foaleng

Only three Nigerian banks have any presence in Francophone West and Central…

11 Min Read

Why Nigerian companies are turning away from bank loans

An assessment of selected Nigerian companies’ new net borrowings in 2024 indicates…

6 Min Read
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