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United Capital Soars! Up 42.78% as Investors Chase Dividends

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The Nigerian Stock Exchange (NGX) saw a strong week ending July 19th, 2024, with the All-Share Index climbing 0.87% to reach 100,539.4 points. This marks the highest point for the index since mid-April, indicating a positive trend in the Nigerian stock market. United Capital Plc emerged as the week’s champion, experiencing a significant surge in […]

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Dangote Out of Steel Race: Opens Door for Local Investors

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Aliko Dangote announced the company’s decision to scrap plans for entering Nigeria’s steel industry. , the owner of Dangote Group, threw a curveball on Saturday. This surprising move comes amidst tensions with the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). Recall that the NMDPRA chief, Farouk Ahmed, raised concerns about relying solely on Dangote’s

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Amad Diallo and Leny Yoro light up the pitch as Man Utd grab their first preseason win!

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Manchester United secured their first win of the pre-season with a convincing 2-0 victory over Rangers! The young guns stole the show, with Amad Diallo impressing in a dazzling first-half performance. Not only did he create chances for his teammates, but he capped it all off with a well-taken goal. Moreover, New signing Leny Yoro

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Microsoft

Microsoft’s hiring practices are under scrutiny, with regulators concerned it might be a way to acquire a competitor through staff recruitment.

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UK regulators are investigating Microsoft’s hiring of a startup’s AI team, including a co-founder who now leads Microsoft’s new AI division. This move has sparked concerns it might stifle competition in the AI market. Microsoft argues it’s simply acquiring talent, but the regulator is also probing a licensing deal between the two companies. A decision

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Disney Faces Security Crisis After Internal Communications Exposed

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Walt Disney Company is looking into a potential security breach after a hacking group claiming to champion artists’ rights leaked what they say are thousands of internal messages. The group, calling itself Nullbulge, alleges they downloaded a massive amount of data, including messages about upcoming Disney projects. The severity of the leak for the media

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Entertainment, News

Elon Musk to relocate SpaceX and X headquarters following California law passage.

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Tech mogul Elon Musk announced plans to relocate the headquarters of his companies SpaceX and X from California to Texas. This decision comes after California passed a law preventing schools from disclosing a student’s gender identity to parents without their consent. Musk expressed strong disapproval of the law, calling it the “final straw.” This follows

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alleged racist chant – Chelsea Probe Fernandez

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France’s football federation (FFF) is filing a complaint with FIFA over a video posted by Argentina player Enzo Fernandez. The video features Argentina’s team singing a song that the FFF considers “racist and discriminatory” towards France’s players. Fernandez’s teammate at Chelsea, Wesley Fofana (who has played for France), called the video “blatant racism” on social

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Rapper Drake takes to social media as flood engulfs his house

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Canadian rapper Drake’s luxurious Toronto mansion wasn’t spared the recent deluge that slammed the city. Heavy rains caused flooding throughout the city, leaving many residents without power and causing traffic disruptions. Drake himself took to social media to share the impact of the storm on his own home. In a video posted to his Instagram

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Toronto in chaos after storms bring floods and power outages.

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Just in, Toronto was hammered by historic rainfall Tuesday, as three massive storms dumped nearly 100 millimeters (4 inches) of rain, shattering the city’s daily record set in 1941. The deluge caused widespread flooding, power outages, and stranded drivers on major highways. Dramatic footage captured the chaos, showing submerged cars, cascading water in Union Station,

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