Funmilayo Adebayo

Funmilayo Adebayo — Business & Economy Funmilayo holds a degree in Economics from the University of Lagos and has 8 years of experience covering capital markets, monetary policy, and SME growth in Nigeria. Before joining News247ng, she contributed financial-literacy content for fintech platforms. She specializes in translating economic data into accessible reporting for everyday readers.
19 Articles

NEC Approves $4.5bn Project Gazelle 2 to Refinance Earlier Facility

The National Economic Council has approved the refinancing of the $3.3 billion Project Gazelle Pre Export Finance Facility…

Otedola’s FirstHoldco Stake Consolidation Continues Amid Banking Rally

Lagos State - Femi Otedola's continued acquisition of FirstHoldco shares, which pushed his total stake in the company…

Zamfara Governor to Revive Textile Industries, Cotton Ginneries

Zamfara State - Zamfara State Governor, Dauda Lawal, has revealed plans to create thousands of jobs for residents…

Otedola Acquires Additional N222bn FirstHoldco Shares, Now Controls 26%

Lagos State - Femi Otedola, Chairman of FirstHoldco, parent company of First Bank, has bought an additional 1.779…

Naira Holds Steady Near N1,379 Per Dollar

Lagos State - The naira remained broadly stable against the United States dollar on Friday, with only marginal…

Naira Trades Near N1,370 Per Dollar Amid Stable Weekend Session

Lagos State - The naira continued to trade within a relatively narrow range against the United States dollar…

Dangote Refinery Completes $2.5bn Private Equity Placement

Lagos State - Dangote Petroleum Refinery and Petrochemicals has completed a $2.5 billion private equity placement, in a…

EU Unveils €70m Security, Agriculture Support Package for Nigeria

The European Union has announced fresh support packages worth 70 million euros for Nigeria, including 45 million euros…

Naira Trades Stable Near N1,371 Per Dollar on Official Market

Lagos State - The naira traded within a relatively stable range against the United States dollar on Thursday,…

Zenith Bank Wins Africa’s Best Bank at Euromoney Awards

Lagos State - Zenith Bank Plc has been named Africa's Best Bank and Nigeria's Best Bank for the…

Nigeria, Morocco Sign Deal on Agricultural Intelligence for Food Security

Nigeria is set to sign a Memorandum of Understanding with Morocco's OCP Africa and Ground Truth Analytics on…

FG Begins Validation of First National Soil Policy to Boost Food Production

The Federal Government has commenced validation of its first National Agricultural Land and Soil Management Policy, aimed at…

Naira Posts Mixed Performance Across Official, Parallel Markets

Lagos State - The naira recorded a mixed performance against the United States dollar across the official Nigerian…

Dangote Emerges Big Winner From US Iran Tensions, WSJ Reports

The Wall Street Journal has reported that Dangote Petroleum Refinery is reaping significant benefits from its investment strategy…

Zamfara Unveils $200 Million Lithium Processing Plant, 2,000 Jobs Expected

Zamfara State Governor Dauda Lawal has commissioned a $200 million lithium mining and processing plant in Boko, Zurmi…