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Damilola Esebame
Contributor

Damilola Esebame

Damilola Esebame is an NFEC Certified Financial Education Instructor℠ (CFEI®) and professional finance journalist whose work has appeared in leading outlets such as Investing.com and FinanceFeeds. Since 2018, he has authored articles and insights that simplify complex financial topics, ranging from credit and budgeting to crypto, macroeconomics, and global markets, for audiences around the world.

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Articles by Damilola Esebame

Skyway Aviation building
News

Skyway Aviation slips 10% from 52-week high on NGX

Skyway Aviation shed nearly 10% on August 3 after opening at its 52-week peak, raising questions about whether the stock’s 93% year-to-date rally has finally run out of fuel.

Damilola EsebameAug 4, 2026
Airtel Africa building
News

Airtel Africa swallows another 800k shares

Airtel Africa purchased nearly 800,000 shares in just two trading sessions, pushing its ongoing buyback past 15.9 million shares since May.

Damilola EsebameAug 4, 2026
Transcorp Power
News

Transcorp Power slips to a fresh 52-week low

Transcorp Power closed at ₦197.70 on August 3, falling below a floor that had held for a full year, as transmission vandalism and shrinking revenue weigh on investor confidence in the utility stock.

Damilola EsebameAug 4, 2026
Vitafoam building
News

Vitafoam profit soars past ₦13bn through Q3 2026

Vitafoam Nigeria posted a 45% jump in nine-month net profit, fueled by a dramatic reduction in borrowing costs that unlocked billions in earnings capacity.

Damilola EsebameJul 30, 2026
BUA Food building
News

BUA Foods flips a revenue dip into 12% profit growth

BUA Foods delivered wider margins and a bigger bottom line in H1 2026, even as topline revenue fell by more than ₦147 billion.

Damilola EsebameJul 30, 2026
Dangote Cement
News

Dangote Cement flips ₦683B debt to net cash in H1

Dangote Cement erased its entire net debt position and entered cash surplus territory within a single half-year reporting period.

Damilola EsebameJul 30, 2026
self employed tax nigeria
Taxes

Self-employed tax obligations in Nigeria: what you owe and when

The Nigeria Tax Act reshaped self-employed tax obligations for sole proprietors, and the real cost depends on which structure you choose.

Damilola EsebameJul 29, 2026
TIN registration online in Nigeria — full 2026 walkthrough
Taxes

TIN registration online in Nigeria — full 2026 walkthrough

Nigeria’s TIN registration online now runs through a single NRS portal, and millions of old TINs issued under the defunct JTB system need fresh verification before they work again.

Damilola EsebameJul 29, 2026
Airtel Africa building
News

Airtel Africa snaps up 1.5M more shares in five days

Airtel Africa’s buyback machine keeps grinding, with over 15 million shares now pulled from the open market since May

Damilola EsebameJul 28, 2026
Ecobank building
News

Ecobank’s $296m profit masks $238m in rising losses

Ecobank posted a healthy profit for the first half of 2026, but a 40% spike in impairment charges tells a different story beneath the surface.

Damilola EsebameJul 28, 2026
Loan app interest rate caps in Nigeria: what CBN and FCCPC rules say
Credit & Loans

Loan app interest rate caps in Nigeria: what CBN and FCCPC rules say

Nigeria has no statutory loan app interest rate cap, but FCCPC disclosure rules and CBN interest rate guidance shape what digital lenders can legally charge borrowers.

Damilola EsebameJul 27, 2026
Lowest interest rate loan apps in Nigeria 2026
Credit & Loans

Lowest interest rate loan apps in Nigeria 2026

Most apps advertise weekly or daily rates that mask steep annual costs, so finding the lowest interest rate loan app in Nigeria demands a closer look at the math behind the numbers.

Damilola EsebameJul 27, 2026
NGX building
News

NGX Group profit surges to ₦10.4bn in six months

NGX Group’s transaction fees surged 169% in the first half of 2026, lifting the exchange operator’s earnings to levels that took all of 2025 to reach.

Damilola EsebameJul 27, 2026
TotalEnergies building
News

TotalEnergies Nigeria hits limit down on just 30 shares

TotalEnergies Nigeria’s stock crashed 10% on just 30 traded shares, exposing what a tight float and vanishing liquidity can do to a loss-making giant.

Damilola EsebameJul 25, 2026
Aradel Holdings
News

Aradel Holdings slides 8% days after ₦23 dividend

Aradel Holdings, one of Nigeria’s largest indigenous oil stocks, has shed over 30% from its 52-week peak, and the stock continues to bleed value.

Damilola EsebameJul 24, 2026
Caricature photo of President Donald J. Trump
News

Trump slaps 12.5% tariff on imports from Nigeria

Nigeria lands in the 12.5% tariff tier as Washington rolls out new trade duties on 60 economies, and the fallout could reshape a $15 billion commercial relationship.

Damilola EsebameJul 24, 2026
loan app scams Nigeria
Credit & Loans

Loan app scams in Nigeria: warning signs and how to protect yourself

Loan app scams in Nigeria now range from upfront fee traps to phishing clones of trusted platforms, and the FCCPC has blacklisted dozens of offenders this year alone.

Damilola EsebameJul 23, 2026
how to report loan app to FCCPC
Credit & Loans

How to report a predatory loan app to FCCPC and CBN

Knowing how to report a loan app to FCCPC can stop harassment, protect your data, and hold predatory lenders accountable under Nigeria’s digital lending regulations.

Damilola EsebameJul 23, 2026
how to file personal income tax FIRS
Taxes

How to file your personal income tax in Nigeria (FIRS/NRS step-by-step)

How to file personal income tax FIRS-style under NRS rules, from documents and deadlines to portal steps and what to do if you cannot pay.

Damilola EsebameJul 22, 2026
freelance income tax nigeria
Taxes

Do I need to pay tax on freelance income in Nigeria?

The short answer is yes, and the Nigeria Tax Act 2025 has made enforcement far more aggressive than most self-employed workers expect.

Damilola EsebameJul 22, 2026
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