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FINANCETracked
Senior Finance Journalist

Articles by Damilola Esebame

Aliko Dangote's portrait caricature
Investing

Dangote promises Ethiopians a stake in $2.5bn plant

The Dangote roadshow in Addis unveils a fertilizer carve-out for Horn of Africa investors

Damilola EsebameOct 20, 2026
Caricature picture of Dangote in his refinery
Investing

Dangote’s $1.6B IPO eyes Cairo as Africa buy-in grows

The Dangote IPO is reaching markets no African offering ever has

Damilola EsebameOct 16, 2026
Caricature photo of Tony Elumelu
Investing

Elumelu co-leads $15 billion push for West Africa

Elumelu targets $15 billion to rewire West Africa’s infrastructure

Damilola EsebameOct 16, 2026
Caricature image of Dangote
Investing

Why is Dangote extending an already oversubscribed IPO?

Dangote’s refinery offer is chasing something bigger than cash

Damilola EsebameOct 14, 2026
Caricature image of Protaxi Official Launch Event
News

ProTaxi launched in Abuja with Aso Rock in the room

ProTaxi’s 1,000 EV fleet drew a rare presidential nod

Damilola EsebameOct 3, 2026
NGX building
Investing

NGX oil stocks stumble on Q4’s opening bell

Aradel led the damage as every NGX energy name closed lower

Damilola EsebameOct 2, 2026
Caricature image of Moniepoint building
Investing

Moniepoint tests a radical new role for its PoS empire

Moniepoint is selling Dangote shares where you withdraw cash

Damilola EsebameSep 26, 2026
Caricature portrait of Femi Otedola
Investing

Otedola’s $1.9B fortune has a surprising new engine

Otedola spent decades building wealth through oil and power, but a banking giant now accounts for most of his billionaire fortune.

Damilola EsebameSep 19, 2026
Caricature image of Dangote and dangote refinery
News

Dangote Refinery sets a ₦5,250 entry point for millions

Dangote Refinery opened its ₦2.15 trillion IPO with a buy-in designed to bring millions of first-time investors onto the Nigerian Exchange.

Damilola EsebameSep 14, 2026
Caricature image of NNPC fuel station
News

NNPC eyes 70 fuel stations where drivers pump and pay

NNPC’s first solar-powered self-service station hints at a broader push that could change the way Nigerian motorists buy fuel.

Damilola EsebameSep 11, 2026
Caricature image of Dangote
News

Dangote IPO hasn’t started but NGX lost ₦1.88trn in a day

Investors dumped banking stocks and blue chips on September 8 as the Dangote IPO forced early portfolio decisions across the Nigerian Exchange.

Damilola EsebameSep 9, 2026
Caricature portrait of Mr Eazi
News

Mr Eazi takes 17% of a Ghanaian drug maker after tragedy

Mr Eazi bought a 17.31% stake in a struggling Ghanaian pharmaceutical company, but the real story is what he witnessed during the final years of his mother’s life.

Damilola EsebameSep 8, 2026
Caricature image of Adeshina Adewumi and Trade Lenda logo
News

Trade Lenda grabs $300K after reaching 260,000 SMEs

Trade Lenda secured $300K from a Dutch-backed facility that bets on founders most investors overlook, and the deal already unlocked something bigger.

Damilola EsebameSep 8, 2026
Dangote refinery IPO date
News

Dangote Refinery’s ₦2.15trn IPO hits a milestone

Nigeria’s SEC has approved Dangote Petroleum Refinery’s public share sale, putting the order book for 4.1 billion shares on course to open within days.

Damilola EsebameSep 5, 2026
Caricature picture of Dangote in his refinery
News

Dangote sets Africa’s $5bn IPO on a countdown

Dangote’s 650,000-barrel-per-day refinery is about to test Africa’s capital markets with a $5 billion public offering that could reshape the continent’s investment landscape.

Damilola EsebameSep 4, 2026
Caricature image of Dangote and refinery. Dangote IPO
News

Dangote lifts Nigeria refining to record 43.94% in Q2

Dangote Refinery pushed Nigeria’s oil refining growth to its highest print under the rebased GDP series, fresh NBS data confirms.

Damilola EsebameSep 1, 2026
Caricature image of Moove company exterior
News

Moove’s next chapter after 76 Lagos vehicles is massive

Moove pulled off the largest single funding round by an African startup in 2026, and it is betting everything on robotaxis.

Damilola EsebameAug 31, 2026
Caricature image of Aradel Holdings factory
News

Aradel surges 5.7% as NGX selloff claims another ₦443bn

Aradel Holdings snapped a brutal two-day losing streak on August 21, but the broader Nigerian equities market kept sliding for a ninth straight session.

Damilola EsebameAug 22, 2026
Caricature image of Dangote and refinery. Dangote IPO
News

Dangote offers 30% stake to three East African nations

Dangote is carving out a $1.5 billion slice of his planned Kenyan mega refinery for regional governments eager to buy in.

Damilola EsebameAug 21, 2026
Aliko Dangote's portrait caricature
News

Dangote raises petrol by ₦20 yet still undercuts rivals

Dangote Petroleum Refinery hiked its wholesale petrol price for the first time in weeks. Rival depots across Lagos are still charging more per liter despite the ₦20 increase.

Damilola EsebameAug 21, 2026