Stanbic IBTC Holdings has announced an interim dividend of N2.00 per ordinary share of 50 kobo each, amounting to a total payout of N25.9 billion. This development was disclosed in a corporate action statement released by the Nigerian Exchange Group (NGX), highlighting the bank’s strong financial performance during the year. The announcement comes on the…
Dogecoin, one of the largest meme-based cryptocurrencies by market capitalization, experienced a modest surge recently following a cryptic tweet from one of its earliest and most prominent backers. Elon Musk, the multi-billionaire owner of X (formerly known as Twitter), has long played a key role in the promotion of Dogecoin, particularly during its early days….
Real Madrid manager Carlo Ancelotti, a veteran coach with a wealth of experience managing top clubs, has expressed his satisfaction with how both players are settling into their new surroundings.
NNPC explained that the pricing of petroleum products, including those sourced from the Dangote Refinery, is largely influenced by global market conditions.
The Nigeria National Petroleum Company Ltd (NNPCL) has announced plans to supply a substantial amount of crude oil to the Dangote Refinery over the next two months. According to Mr. Adedapo Segun, Executive Vice President of the NNPCL, the company is set to deliver a total of 17.6 million barrels of crude oil between September…
Victor Osimhen, the wantaway striker from Napoli, has finally secured his desired exit—though it wasn’t the move he had anticipated or even imagined. Heading into the summer transfer window, the Nigerian forward was one of the most sought-after talents in Europe, with his name linked to some of the biggest clubs on the continent. Despite…
On Tuesday, September 4th, the X accounts (formerly Twitter) of Donald Trump’s family members, Lara and Tiffany Trump, were hacked and misused to promote a fraudulent Solana-based meme coin. The bad actors behind this breach took over Tiffany Trump’s account to falsely advertise the meme coin, presenting it as the official token for a supposed…
Rowe, a product of Manchester United’s youth academy, made a significant return to the club on a free transfer after 21 years, rejoining the team on Tuesday. The midfielder, now 35, enjoyed a distinguished 17-year professional career, during which he made 650 appearances for various clubs including Wolverhampton Wanderers, Bristol City, and Doncaster Rovers. Now,…
As of June 30, 2024, Nigeria has ascended to the position of the third-largest debtor to the World Bank’s International Development Association (IDA), marking a significant milestone in the country’s borrowing history. According to the World Bank’s financial statements, Nigeria’s debt exposure to the IDA increased by a substantial 14.4%, rising from $14.3 billion in…
Nigeria’s manufacturing sector has experienced a significant downturn in its contribution to the nation’s Gross Domestic Product (GDP) over the last two quarters, marking a steep decline of 20.95% from the end of 2023 through the second quarter of 2024. According to recent data released by the National Bureau of Statistics (NBS), the sector’s share…
