EconomyTop StoriesNigeria’s inflation reaches 28-year high in June, suggesting possible peakGBO CorrespondentJuly 16, 2024 GBO CorrespondentJuly 16, 2024 The most populous country in Africa had an increase in inflation for...
FinanceTop StoriesNigeria reveals new pay structure based on workers’ productivityGBO CorrespondentMay 16, 2024 GBO CorrespondentMay 16, 2024 The federal government realised that productivity was a crucial component in the...
EconomyTop StoriesFitch upgrades Nigeria’s outlook from stable to positiveGBO CorrespondentMay 9, 2024 GBO CorrespondentMay 9, 2024 Nigeria and Egypt’s economic fortunes have dimmed in the last few months...
TechnologyTop StoriesMillions of devices are still infected with PlugX malware: ExpertsGBO CorrespondentMay 8, 2024May 7, 2024 GBO CorrespondentMay 8, 2024May 7, 2024 PlugX became more of a 'common' malware after the source code was...
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...