COGNICURRENT

Health insurance drug costs in South Korea nearly reached 28 trillion won in 2024, and the proportion of drug spending out of total health insurance expenses has slightly increased, standing higher than the OECD average.

The South Korean government plans to allocate a significant portion of a 25 trillion won supplementary budget for local currency support, aiming to alleviate polarization and invigorate local economies amid uncertainties caused by global tensions.

MTN Nigeria has reported a remarkable profit of N1.1 trillion for the financial year 2025, indicating a recovery from previous fiscal challenges.

FMDQ Group reported a remarkable turnover of N60.77 trillion in January, highlighting a surge in the Nigerian financial market's liquidity driven by foreign exchange trading.

The Argentine Supreme Court is facilitating discussions between the Buenos Aires provincial government and the national government over a significant debt claimed by Governor Axel Kicillof, totaling over $2.2 trillion.

The Nigeria Labour Congress has rejected a proposed N6 trillion bailout for power generation companies, advocating for structural reforms instead.

The South Korean government and ruling party are expediting the establishment of a 25 trillion won supplementary budget to address surging oil prices due to the Middle East crisis.

The U.S. Defense Department has requested about $200 billion for the Iran war campaign, while true costs, including lifetime benefits for veterans, may exceeding $1 trillion according to experts.

SERAP has urged the Nigerian Senate to ensure full transparency in its investigation of alleged financial irregularities involving ₦200 trillion in missing funds.

Nigeria's food import expenditures reached N7.65 trillion in 2025, exacerbating the ongoing hunger crisis despite increased imports.

Norway's sovereign fund, known for managing €1.85 trillion, aims to optimize and diversify the wealth generated from the country's oil resources.

A scientific study has found that cigarette butts are the most commonly discarded waste, with around 4.5 trillion butts improperly disposed of each year worldwide.

SoftBank Group has announced a plan to invest 80 trillion yen in AI data centers in Ohio, USA, as part of a larger $550 billion investment commitment to the US.

The article discusses a significant financial loss of 1.7 trillion euros in global markets due to the energy crisis, with warnings of a looming recession.

The financial assets owned by individuals with dementia or mild cognitive impairment in Japan amount to an estimated 260 trillion yen, highlighting the challenge of managing these assets safely while allowing access to them.

The podcast discusses the 50th anniversary of Apple, tracing its journey from inception to a trillion-dollar company fueled by its iconic iPhone.

Lukoil announced a net loss of 1.059 trillion rubles for 2025 due to the write-off of lost foreign assets, a stark contrast to the previous year's profits.

Germany is using a trillion-euro fund to address significant budgetary gaps, aiming to offset economic downturns and maintain public spending.

Meta has decided to shut down its Horizon Worlds metaverse platform, signaling a retreat from its ambitious metaverse vision that CEO Mark Zuckerberg had once touted as the future of the internet.

The US and Japan have agreed to invest 73 billion USD in three projects, including the construction of next-generation small modular reactors (SMR).

The Pentagon seeks an additional $200 billion from Congress for the Iran war, igniting fiscal concerns among some conservatives.

The Pentagon plans to request an additional $200 billion from Congress for the Iraq War, sparking internal tensions among Republicans regarding fiscal conservatism.

The wellness industry is increasingly influencing sectors like real estate and retail, with projections indicating it could reach a market value of $10 trillion by 2029.

U.S. Defense Secretary Pete Hegseth has stated that significant funding is required to bolster the military operations aimed at combatting threats from Iran, specifying a request for over $200 billion from the White House.

U.S. Defense Secretary Hegges confirmed reports of a request for over $200 billion in funding for a conflict involving Iran, stating that financial resources are essential for military operations.

Scientists have discovered a massive cloud of water in space, located 12 billion light-years away, containing 140 trillion times more water than all of Earth's oceans.

Equinor's stock has surged, leading to a market valuation exceeding 1 trillion Norwegian kroner, driven by rising oil and gas prices amid tensions in the Middle East.

More than half of the green finance supplied by South Korea's policy financial institutions last year did not meet government standards, raising concerns about 'greenwashing'.

The Pentagon is requesting an additional four trillion dollars to fund its military efforts against Iran.

Korean banks achieved record-high interest income and net profit in the previous year, with interest income exceeding 60 trillion won for the first time.

Transcorp Plc has achieved a record market capitalization of N4.87 trillion and plans to distribute significant dividends to its shareholders after a strong financial performance.

The Nigerian Exchange Limited's market capitalization fell below N130 trillion due to investor caution and profit-taking.

Japan's shipbuilding industry, once a stronghold, is set to receive significant government investment to bolster its competitiveness against China and South Korea.

Despite a 90 trillion won jackpot from investments made by Samsung Life Insurance, the company has failed to distribute promised dividends to its policyholders over the past 40 years.

This article discusses Iran's significant collection of precious jewels and artifacts, valued at around one trillion crowns, and highlights its status as one of the most valuable treasures globally.

Nigeria's banking sector is becoming a critical component in the country's goal to achieve a $1 trillion economy through a recent recapitalisation initiative.

Polish Prime Minister Donald Tusk has announced significant investments in energy infrastructure, including nuclear power and energy storage, to enhance the country's energy security.

Donald Tusk emphasized the importance of diversified energy sources at the PowerConnect Energy summit, highlighting Poland's efforts to enhance energy security and increase production capabilities amid regional challenges.

Japan's households have increased their financial assets to a record 2,351 trillion yen, reflecting a 5.3% rise from the previous year, as the Bank of Japan's holdings of government bonds drop below 50% for the first time in three and a half years.

In 2025, visitors to 23 national parks in South Korea are projected to spend a total of 3.5 trillion won, averaging 82,000 won per person.

Cigarette butts are the most prevalent form of litter worldwide, with an estimated 4.5 trillion discarded each year, posing significant environmental challenges.

The GDP of Minas Gerais grew by 1.4% in 2025, achieving R$ 1.157 trillion, driven by positive performances in agriculture, extractive industries, transformation industries, and commerce, despite declines in energy and construction sectors.

Nvidia's CEO Jensen Huang projected that chip sales will reach one trillion dollars by next year, but investors reacted negatively, causing the company's stock to decline.

Nvidia has announced that its revenue opportunity from AI processors could reach at least $1 trillion by 2027, highlighting its aggressive strategy to compete in the rapidly growing market for real-time AI systems.

The Japanese government has announced plans to double its science and technology investment target to 60 trillion yen over the next five years, with an emphasis on strengthening the defense industry.

Nvidia's CEO Jensen Huang predicts that the company's new generation of AI chips will generate at least one trillion dollars in revenue by the end of 2027, driven by ongoing high demand.

Russians withdrew 1.6 trillion rubles from banks in January, prompting authorities to consider restricting cash withdrawals to combat potential fraud.

Uganda's public debt has exceeded 130 trillion Shillings, primarily due to an increase in domestic debt issuances.

The private credit market, valued at around $2 trillion, is facing unprecedented challenges amid investor withdrawals and company bankruptcies, raising concerns over loan valuations.

As the US-Israel war with Iran enters its third week, the economic toll is measured at over 11 trillion euros, affecting energy markets and global economies.