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...
EnergyTop StoriesGo Green With GBO: Khazna data centres to use biofuel for backup generatorsGBO CorrespondentOctober 27, 2023 GBO CorrespondentOctober 27, 2023 Low-emission biofuel HVO promises outstanding performance without requiring the modification or replacement...
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...
EnergyTop StoriesSaudi Arabia leads G20 nations in energy subsidy expenditure: IMFGBO CorrespondentSeptember 11, 2023 GBO CorrespondentSeptember 11, 2023 The International Monetary Fund reported that in 2022, fossil fuel subsidies hit...
EnergyTop StoriesGo Green with GBO: Australia’s Victoria bans gas to new homes from 2024GBO CorrespondentAugust 11, 2023August 10, 2023 GBO CorrespondentAugust 11, 2023August 10, 2023 With roughly 80% of houses connected, Victoria has Australia's highest rate of...
EconomyTop StoriesMENA Watch: Yemen economy faces bleak futureGBO CorrespondentJuly 19, 2023July 19, 2023 GBO CorrespondentJuly 19, 2023July 19, 2023 Although oil and gas reserves are Yemen's main source of income, they...
AviationTop StoriesNew A330neos, weekly Fujairah flights: SalamAir accelerates its expansionGBO CorrespondentJune 30, 2023June 29, 2023 GBO CorrespondentJune 30, 2023June 29, 2023 By adding the A330neo to the fleet, SalamAir aims to enhance its...
Oil and GasTop StoriesFuel subsidy reforms credit positive for Nigeria: FitchGBO CorrespondentJune 16, 2023 GBO CorrespondentJune 16, 2023 Despite numerous attempts at reform, Nigeria was not able to successfully abolish...
EconomyTop StoriesAmid neck-breaking inflation, Kenya now faces higher fuel pricesGBO CorrespondentMarch 23, 2023 GBO CorrespondentMarch 23, 2023 After the review in mid-November of last year, fuel prices in Kenya...