Category : Search result: military spending


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.

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.

Venezuela Mobilizes 200K Troops Amid US Navy Buildup

Venezuela launches massive military mobilization of 200,000 soldiers in response to US aircraft carrier deployment near Latin America. Tensions escalate as both nations prepare for potential conflict.

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.

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.

Falana Slams US Military Expansion in Nigeria

Prominent human rights lawyer Femi Falana condemns US plans to increase military presence across Africa, warning of sovereignty threats and hidden resource control motives.

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.

Nigerian Army Recruitment Closes in 7 Days

Time is running out! The Nigerian Army has announced that its Short Service Commission recruitment portal will close in just one week. Aspiring candidates must complete their applications before the deadline.

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