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Key Takeaways G7 countries represent 28.4% of global GDP (PPP) today, down from about 50% in the 1980s The G7 accounts for only 9.6% of the world’s population and nearly half (49.3%) of military spending The G7 punches above its weight in terms of military spending, thanks to the U.S. The G7—comprising the United States,…
July 4, 2025
China has avoided buying U.S. crude oil for three straight months—the longest dry spell since 2018—delivering another hit to American shale producers already struggling with weak prices and rising global supply. According to new U.S. Census data released Thursday, China bought no American crude in May, following a similar freeze in March and April. The…
July 4, 2025
By Sonny Iroche West Africa’s Largest Tier III Data Centre Launches in Nigeria MTN Nigeria has officially unveiled West Africa’s largest Tier III data centre – a cutting-edge facility poised to transform the region’s digital landscape . Named the Sifiso Dabengwa Data Centre, this Lagos-based hub boasts a 9 megawatt capacity in its fully built…
July 3, 2025
By Bola Bolawole [email protected] 0807 552 5533 (Published in my TREASURES column on the back page of the New Telegraph newspaper of Wednesday, 3 July, 2025). Three highbrow resignations of recent are those of the presidential spokesperson, Ajuri Ngelale; the NNPC Limited spokesperson, Olufemi Soneye, and now the chairman of the ruling party, All Progressives…
July 3, 2025
By Uzor Maxim Uzoatu The country is going through hell but millions of Nigerians are glued to their TV sets watching the mother of all distractions called Big Brother Naija, BBNaija for short. This is one television show that the young upwardly mobile, the so-called yuppies of Nigeria can ever escape from. Whether you like…
July 2, 2025
‘I will not be with a man who will not marry me along with my children.’ ‘It is either he loves me and my children or there is no deal.’ How many times have you heard these statements from a single mum, or even something more threatening? Some single mums, they are daring and then…
July 2, 2025
Oil markets are now refocusing on OPEC+ as the Iran-Israel ceasefire continues to hold, with the cartel's meeting this weekend likely to be the next big market mover. - Ever since OPEC+ countries started to unwind their 2.2 million b/d worth of voluntary production cuts, the expectation was that Middle Eastern producers would start to…
July 2, 2025
Top Russian economic officials have acknowledged a significant cooling of the economy, with some indicating a transition into recession after a period of robust war-fueled growth. The Russian Central Bank's strategy of hiking interest rates to combat inflation has begun to slow the economy, leading to a potential "soft landing" or a more severe economic…
July 2, 2025
Key Takeaways Switzerland tops the 2024 “Best Countries” ranking from U.S. News & World Report. Survey respondents gave Switzerland high marks for business (#2), quality of life (#3), social purpose (#7) and cultural influence (#8). The best country in the world is the one you live in. Or… not? This infographic spotlights the 40 countries that the world perceives to be the “best.” Like most…
July 1, 2025
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Key Takeaways G7 countries represent 28.4% of global GDP (PPP) today, down from about 50% in the 1980s The G7 accounts for only 9.6% of the world’s population and nearly half (49.3%) of military spending The G7 punches above its weight in terms of military spending, thanks to the U.S. The G7—comprising the United States,…
July 4, 2025
China has avoided buying U.S. crude oil for three straight months—the longest dry spell since 2018—delivering another hit to American shale producers already struggling with weak prices and rising global supply. According to new U.S. Census data released Thursday, China bought no American crude in May, following a similar freeze in March and April. The…
July 4, 2025
By Sonny Iroche West Africa’s Largest Tier III Data Centre Launches in Nigeria MTN Nigeria has officially unveiled West Africa’s largest Tier III data centre – a cutting-edge facility poised to transform the region’s digital landscape . Named the Sifiso Dabengwa Data Centre, this Lagos-based hub boasts a 9 megawatt capacity in its fully built…
July 3, 2025
By Bola Bolawole [email protected] 0807 552 5533 (Published in my TREASURES column on the back page of the New Telegraph newspaper of Wednesday, 3 July, 2025). Three highbrow resignations of recent are those of the presidential spokesperson, Ajuri Ngelale; the NNPC Limited spokesperson, Olufemi Soneye, and now the chairman of the ruling party, All Progressives…
July 3, 2025
By Uzor Maxim Uzoatu The country is going through hell but millions of Nigerians are glued to their TV sets watching the mother of all distractions called Big Brother Naija, BBNaija for short. This is one television show that the young upwardly mobile, the so-called yuppies of Nigeria can ever escape from. Whether you like…
July 2, 2025
‘I will not be with a man who will not marry me along with my children.’ ‘It is either he loves me and my children or there is no deal.’ How many times have you heard these statements from a single mum, or even something more threatening? Some single mums, they are daring and then…
July 2, 2025
Oil markets are now refocusing on OPEC+ as the Iran-Israel ceasefire continues to hold, with the cartel's meeting this weekend likely to be the next big market mover. - Ever since OPEC+ countries started to unwind their 2.2 million b/d worth of voluntary production cuts, the expectation was that Middle Eastern producers would start to…
July 2, 2025
Top Russian economic officials have acknowledged a significant cooling of the economy, with some indicating a transition into recession after a period of robust war-fueled growth. The Russian Central Bank's strategy of hiking interest rates to combat inflation has begun to slow the economy, leading to a potential "soft landing" or a more severe economic…
July 2, 2025
Key Takeaways Switzerland tops the 2024 “Best Countries” ranking from U.S. News & World Report. Survey respondents gave Switzerland high marks for business (#2), quality of life (#3), social purpose (#7) and cultural influence (#8). The best country in the world is the one you live in. Or… not? This infographic spotlights the 40 countries that the world perceives to be the “best.” Like most…
July 1, 2025
