EnergyIssue 04 - 2023MAGAZINEThe ‘Renewable Revolution’ in AfricaGBO CorrespondentJanuary 19, 2024January 29, 2024 GBO CorrespondentJanuary 19, 2024January 29, 2024 Africa has a much higher potential for solar radiation than both North...
Banking and FinanceTop StoriesKPMG report shows significant decrease in Nigerian ATM usage in 2023GBO CorrespondentJanuary 16, 2024 GBO CorrespondentJanuary 16, 2024 KPMG report claims that because cash is frequently unavailable at many ATMs,...
EconomyTop StoriesHouthi attacks on Red Sea shipping: New menace for global economy?GBO CorrespondentJanuary 11, 2024January 11, 2024 GBO CorrespondentJanuary 11, 2024January 11, 2024 Many of the biggest freight corporations in the world, including MSC, Hapag-Lloyd,...
FinanceTop StoriesNigeria’s foreign reserves dwindle by USD 1.65 billion following FX unificationGBO CorrespondentDecember 15, 2023December 14, 2023 GBO CorrespondentDecember 15, 2023December 14, 2023 The main source of income for Nigeria’s external reserves is the proceeds...
EconomyTop StoriesKPMG predicts 30% inflation for Nigeria by year-endGBO CorrespondentNovember 17, 2023 GBO CorrespondentNovember 17, 2023 The removal of foreign exchange controls and a fuel subsidy by Nigeria's...
EconomyTop StoriesFitch rates Nigeria ‘B-‘ with stable outlookGBO CorrespondentNovember 10, 2023November 9, 2023 GBO CorrespondentNovember 10, 2023November 9, 2023 Positively, Fitch stated that reforms have advanced more quickly than expected since...
FinanceTop StoriesInvestment migration continues to surge in Africa: ReportGBO CorrespondentNovember 1, 2023October 31, 2023 GBO CorrespondentNovember 1, 2023October 31, 2023 The report forecasts a 42% increase in millionaires on the African continent...
EconomyTop StoriesNigeria seeks World Bank loan to support reform amid South Africa challengeGBO CorrespondentOctober 26, 2023October 25, 2023 GBO CorrespondentOctober 26, 2023October 25, 2023 According to the World Bank, Nigeria continues to have high inflation and...
EconomyTop StoriesNigeria faces 18-year high inflation due to President Bola Tinubu’s reformsGBO CorrespondentSeptember 22, 2023September 21, 2023 GBO CorrespondentSeptember 22, 2023September 21, 2023 Because of Nigeria President Bola Tinubu's decision to allow the naira to...
FinanceTop StoriesInvestments in Africa take a hitGBO CorrespondentAugust 10, 2023August 10, 2023 GBO CorrespondentAugust 10, 2023August 10, 2023 A new research report stated that this has decreased the flow of...