Arms Makers See Record $679B Revenue Amid Conflicts
Global arms sales reached record $679 billion in 2024 as Ukraine and Gaza wars fuel demand. US firms dominate while European companies face supply chain challenges. Read full analysis.
Category : Search result: AI spending
Arms Makers See Record $679B Revenue Amid Global Tensions
Global arms sales reached record $679 billion in 2024 as Ukraine war and Gaza conflict fuel demand. US companies dominate while European firms see 13% growth despite supply challenges.
Man Reveals He Spends More on High-Maintenance Women
A Nigerian man's viral confession about spending patterns in relationships sparks debate. He invests more in women with high standards than 'understanding' partners. Read the full story.
AI Industry Faces Critical Turning Point in 2026
After three years of rapid growth, the AI industry enters 2026 with bubble concerns and job automation fears. Global spending expected to exceed $2 trillion. Read more about the future of artificial intelligence.
EU spares Germany from budget rules over defence spending
European Union exempts Germany from budget deficit punishment due to increased defence spending. Learn how EU rules adapt to security threats.
US Retail Sales Growth Slows to 0.2% in September
US retail sales cooled to 0.2% growth in September as consumers face higher prices and Trump's tariffs impact costs. Discover how value-hunting trends are reshaping spending.
Nigerians spend $1.39bn on foreign education in 6 months
CBN data reveals Nigerians spent $1.39 billion on overseas education in H1 2025, a 20% increase from 2024. This nearly equals Nigeria's entire 2025 education budget. Read analysis.
Americans Spend Record $1 Trillion Despite Inflation
US holiday spending expected to reach $1 trillion despite inflation concerns. Online sales surge 5.3% as AI transforms shopping habits. Read more about this economic paradox.
Walmart Q3 Revenue Hits $179.5 Billion, Ups Outlook
Walmart reports strong Q3 results with revenue reaching $179.5 billion and raises full-year outlook. E-commerce grows 27% globally as consumers seek value.
Nigeria's N777 Billion Arms Import Bill Revealed
National Bureau of Statistics data shows Nigeria spent N776.9 billion on arms imports from 2020-2025, with 2024 recording the highest expenditure at N520 billion amid rising insecurity.
China Retail Sales Growth Slowest in Over a Year
China's retail sales grew at just 2.9% in October 2025, the slowest pace in over a year, highlighting persistent consumer challenges. Discover the economic implications.
German experts cut 2026 GDP forecast to 0.9%
German economic experts criticize the government's €500bn spending plan, warning it will provide only a minor boost to the struggling economy. They have cut the 2026 GDP growth forecast to 0.9%. Read more for the full analysis.
Naira Visa Cards Boost Cross-Border Spending Confidence
Nigerians can now spend globally with confidence using Naira Visa cards. Secure transactions, fraud protection, and seamless payments for education, business, and travel needs.
GTBank Raises Naira Card Dollar Limit to $6,000
GTBank has increased international spending limits on naira cards from $1,000 to $6,000 per quarter. The move reflects improved forex liquidity and market stability. Learn how this affects Nigerian cardholders.
December in Nigeria: When Celebration Becomes Business
Discover how Nigeria's festive December period has transformed into a massive commercial enterprise, driving economic activity across retail, travel, and entertainment sectors.
Adamawa's ₦114BN Infrastructure Revolution Begins
Adamawa State government has approved a groundbreaking ₦114 billion infrastructure plan targeting healthcare, water supply, and electricity projects across the state in a major development push.
Nigeria's Costly Governance: The Bleeding Economy
An in-depth analysis reveals how Nigeria's massive governance costs are crippling economic development and draining public resources that should serve the people.
Nigerian Reps Demand Urgent Action on Capital Projects
Growing pressure mounts on President Bola Tinubu as lawmakers demand immediate implementation of capital projects amid economic challenges facing Nigeria.
McDonald's Sales Surge 5.4% Despite Economic Pressures
McDonald's defies economic challenges with strategic promotions and affordable offerings, reporting impressive global sales growth of 5.4% in Q2 2024.
Katsina Budgets ₦341bn for Social Sector in 2026
Katsina State Government announces massive ₦341 billion investment in social services for 2026 fiscal year, focusing on education, healthcare, and poverty reduction initiatives across the state.
Redirect Subsidy Savings to Infrastructure - Expert Urges FG
Economist Dr. Muda Yusuf advocates for transparent investment of subsidy removal funds into roads, power, and social infrastructure to boost Nigeria's economy.
South Korea Triples AI Defence Budget in Tech Push
South Korea announces massive increase in AI and defence spending to counter North Korean threats and strengthen military capabilities with cutting-edge technology.
Ekiti Denies Building New Abuja Governor's Lodge
Ekiti State Government has firmly refuted claims of constructing a new multi-million naira governor's lodge in Abuja, calling the reports 'baseless misinformation' aimed at tarnishing the administration's image.
VC: Reduce Government Size, Boost Education Funding Now
A prominent Nigerian Vice-Chancellor calls for urgent government downsizing and increased education funding to rescue the nation's struggling university system from collapse.
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