Nigeria’s capital expenditure for the first half (H1) of 2024 declined by 25.3 percent to N1.99 trillion, down from N2.68tn in the corresponding period last year, according to the Central Bank of Nigeria (CBN)’s statistical bulletin.
This decline occurred despite the government operating four
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
