Business
World Pizza Day: How an Italian food favourite conquered the world

Published
3 months agoon
By
Ekwutos Blog
17 January marks World Pizza Day, a celebration of a dish with more than 2,000 years of history. From Neapolitan and Roman styles to Margherita, diavola, and even potato-topped variations, there are few places left in the world which don’t honour this iconic culinary tradition.
In 2017, UNESCO recognised “the art of Neapolitan pizza makers” as an Intangible Cultural Heritage of Humanity, highlighting its cultural significance on a global scale.
As for the date, it wasn’t chosen randomly: 17 January coincides with the feast of St. Anthony Abbot, the patron saint of fire and related trades, including machinists, blacksmiths, and, fittingly, pizza makers.
Where is pizza eaten the most in the world? And in Europe?
In Italy, four out of ten families are expected to prepare pizza at home in 2025, according to data from Coldiretti-Ixé. Meanwhile, global pizza turnover in 2024 is projected to reach a record €160 billion, with Italy contributing €15 billion to this figure.
Pizza is a major economic driver in Italy, generating 100,000 jobs nationwide – a number that doubles to 200,000 on weekends. Each year, Italy produces 2.7 billion pizzas, equating to about 46 pizzas per person annually, a figure that includes all age groups, from infants to the elderly.
Italians’ preferences differ significantly from those of the global market. According to Coldiretti, Italians prioritize higher-quality ingredients and are willing to pay a premium for them.
Interestingly, while pizza is an Italian staple, the world’s largest per capita consumers are Americans, who eat an average of 13 kilograms of pizza per year.
In Europe, on the other hand, Italy is in first place with 7.8 kilos per year, followed by Spain’s 4.3kg, and France and Germany’s 4.2kg and in fifth position the United Kingdom with 4kg.
The rise of food delivery has significantly boosted this already thriving sector: some apps speak of ‘an order every two seconds’. Others point to year-on-year growth in turnover of 20 per cent between 2024 and 2025.
The most and least popular pizzas in the world
According to data from the food web portal TasteAtlas, the Margherita reigns as the most popular pizza in the world, followed by the Montanara and calzones. In sixth place is American-style pizza topped with cheese, vegetables, and tomato sauce. Following that is pepperoni pizza (where ‘pepperoni’ in the US refers to a type of salami) and the iconic ‘New York-style’ pizza, before circling back to fried pizza.
In last place is an Italian pizza: the ‘Mimosa pizza,’ topped with corn and cooked ham. Just above it are the Cuban pizza, the Scottish fried pizza, the Quad City-style pizza (a grilled variation popular in the US), and Canada’s unique pizza-ghetti, which features spaghetti as an additional topping.
How much does pizza cost in Italy?
Pizza has always been a popular dish in the Bel Paese, and this has never changed. On the other hand, inflation and the push for higher quality ingredients have increased the price in Italy and across Europe.
A survey by Altroconsumo calculated the average cost of a pizza, a soft drink, and service in various Italian cities. Sassari tops the list as the most expensive city (€14.67), followed by Bolzano, Milan, and Venice. On the more affordable end are Livorno (€8.67), Pescara (€9.18), Naples (€9.63), and Bari (€9.63).
Whatever pizza you love, with or without pineapple, happy World Pizza day.
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Business
Naira depreciates against dollar across official, black markets after Easter holidays

Published
24 hours agoon
April 23, 2025By
Ekwutos Blog
Nigeria’s currency, the naira, depreciated against the dollar at the official and parallel foreign exchange markets upon the resumption of work after Easter holidays.
The Central Bank of Nigeria’s data showed that it weakened to N1,602.63 per dollar on Tuesday from N1,599.93 exchanged on Thursday last week.
This means that it declined by N2.7 against the dollar on a day-to-day basis.
Similarly, the naira fell to N1620 per dollaron Tuesday from N1610 at the weekend.
The N1,620 dollar exchange rate at the black market is the same rate recorded on Thursday before the Easter holidays.
The development comes following the sustained slump in the dollar amid threats to US Federal Reserve independence and the tariff war.
Business
US: Tariffs on China will come down substantially – Trump announces

Published
1 day agoon
April 23, 2025By
Ekwutos Blog
President Donald Trump of the United States has said that high tariffs on goods from China will come down substantially.
He said the tariffs would crash but won’t go down to 0%.
The President stated this during a White House news conference on Tuesday.
Trump stated this in response to earlier comments same day by treasury secretary, Scott Bessent.
Bessent had made it clear that the high tariffs were unsustainable.
Recall that the US had placed import taxes of 145% on China and in response the Asian giants retaliated with 125% tariffs on US goods.
Trump had announced what he described as a reciprocal tariffs on nations across the globe, causing the stock market to stumble and interest rates to increase on US debt.
“We’re doing fine with China,” Trump said.
Despite his high tariffs, Trump said he would be “very nice” to China and not play hardball with Chinese President Xi Jinping.
He added, “We’re going to live together very happily and ideally work together.”
Trump said that the final tariff rate with China would come down “substantially” from the current 145%, saying “It won’t be that high, not going to be that high.”
Business
Nigeria’s electricity generation records steady drop – Report

Published
2 days agoon
April 22, 2025By
Ekwutos Blog
Nigeria’s electricity generation peak has recorded a steady drop to 4,742.20 megawatts in the past three days.
This is according to the National Grid performance report from Thursday, 17 to 19 April 2025.
The report showed that electricity generation dropped by 531 megawatts in the last three days.
Accordingly, the system performance data indicated that the electricity generation peak stood at 5,273.80 megawatts on Thursday but dropped to 5,131.20 megawatts and 4,742.80 megawatts on Friday and Saturday.
The development comes days after the Minister of Power, Adebayo Adelabu, announced that Nigeria hit its highest energy peak of 5,801.63 MW.
On Thursday, Adelabu reiterated that the government is doing everything to avert a collapse of the country’s power sector and plans to partly offset the N4 trillion owed to the electricity generation companies.

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