business

Business / 1 week ago
Nigeria’s export relationships are shifting — Here’s what the latest data shows
Recent figures show that countries such as Spain, France, and the Netherlands are now among some of Nigeria’s most important export destinations, reflecting shifts in global energy demand, geopolitical pressures, and the search for more stable supply routes. Recent figures show that countries such as Spain, France, and the Netherlands are now among some of Nigeria’s most important export destinations, reflecting shifts in global energy demand, geopolitical pressures, and the search for more stable supply routes. According to World’s Top Exports, Nigeria exported about $63.3 billion worth of goods in 2023, with crude oil and petroleum products still making up the majority of the value.

Technology / 2 weeks ago
Italy stamps its global brand authority as luxury and industrial icons hold firm
Italy’s top 40 brands are valued at $121.1 billion, with more than half showing growth in the past year despite a challenging global environment, according to the latest Kantar BrandZ Most Valuable Italian Brands 2025 ranking. Italy’s top 40 brands are valued at $121.1 billion, with more than half showing growth in the past year despite a challenging global environment, according to the latest Kantar BrandZ Most Valuable Italian Brands 2025 ranking. At the top of the list sits Gucci, with a brand value of nearly $17 billion, reaffirming its leadership in Italian luxury. Not far behind is Enel (electric-utility powerhouse) at $15.4 billion and Ferrari at $14 billion, marking 38% year-on-year, underlining the power of automotive luxury tied to heritage.

Technology / 2 weeks ago
Global air travel is surging faster than ever
In 1970, only about 310 million people flew each year. Today, that figure has exploded into the billions and by 2053, it may more than double again. In 1970, only about 310 million people flew each year. Today, that figure has exploded into the billions and by 2053, it may more than double again. According to ACI World and the International Civil Aviation Organisation (ICAO), global passenger traffic reached 9.5 billion travellers in 2024, surpassing pre-pandemic levels and marking one of the fastest recoveries in transport history.

Environment / 3 weeks ago
The water behind your T-shirt: One cotton tee uses as much water as you drink in 2½ years
When you pick up a simple cotton T-shirt, you probably don’t think about water. But behind that soft, everyday fabric is surprisingly 2,700 litres of fresh water. When you pick up a simple cotton T-shirt, you probably don’t think about water. But behind that soft, everyday fabric is surprisingly 2,700 litres of fresh water. That’s how much it takes to grow the cotton, process it, and make just one T-shirt. To put that in perspective, that’s roughly the amount of water a person drinks in about two and a half years.

Business / 3 weeks ago







