November 2025

Adenuga Gains Most as Conoil Approves N2.43bn 2024 Dividend

Billionaire Adenuga To Receive Bulk Share Of Conoil Dividend

Conoil’s ₦2.43 billion final dividend for 2024 will deliver substantial returns to shareholders, with chairman Mike Adenuga receiving the largest payout now

Conoil Plc has announced a final dividend of 2.43 billion for the 2024 financial year, a move that is set to deliver significant returns to investors and reaffirm the company’s commitment to shareholder value despite volatility in Nigeria’s petroleum market.

The Lagos-based oil marketing firm disclosed that the distribution will apply to shareholders listed in its Register of Members as of the close of business on November 21, 2024. The dividend, proposed at 3.50 per share,

UNIFIL Israeli Fire Incident Sparks New Border Tensions

UNIFIL: Israeli Fire Incident Sparks New Border Tensions

The United Nations Interim Force in Lebanon (UNIFIL) says Israeli troops opened fire on one of its peacekeeping patrols in southern Lebanon on Sunday, marking the latest in a series of incidents as tensions rise along the border despite a yearlong ceasefire with Hezbollah.

UNIFIL reported that rounds from an Israeli Merkava tank struck the ground roughly five meters from its personnel near an Israeli position built on Lebanese territory. The peacekeepers said they were able to withdraw safely after the tank returned inside the Israeli-held area about 30 minutes later.

The incident shows growing concerns over repeated confrontations between …

Arsenal Hit By Double Injury Blow On International Duty

Arsenal Hit By Double Injury Blow On International Duty

Arsenal return from the international break with more concerns than comfort, after two key defenders picked up injuries while away with their national teams. Gabriel Magalhães was forced off during Brazil’s friendly against Senegal, suffering a groin issue that immediately ruled him out of the rest of the camp.

The early assessment in Brazil’s camp suggests caution rather than panic, but groin injuries rarely follow tidy timelines, and Arsenal will wait for further scans in London before estimating a return date.

The setback compounds what had already been an uneasy week for the club. Riccardo Calafiori, who has quickly grown …

Karius Rises As Schalke’s Steady New Heartbeat

Karius Rises As Schalke’s Steady New Heartbeat

Loris Karius has lived enough highs and lows for several careers, but this season in Gelsenkirchen has given him something he has searched for since that night in Kyiv: a clean slate. Schalke supporters have taken to calling him the phoenix of Schalke—a nod not just to his revival, but to the way he seems to have pulled the club up with him. And in many ways, the nickname fits. After years of drifting through uncertain spells, Karius has become the anchor of a team rediscovering its identity.

His numbers tell one story: just seven goals conceded across twelve league …

Francis Abu Begins Recovery After Successful Surgery

Francis Abu Begins Recovery After Successful Surgery

Ghanaian midfielder Francis Abu has taken the first major step on his long road back to football after undergoing successful surgery in Japan. The operation followed the devastating injury he suffered during Ghana’s recent friendly against the Blue Samurai—an incident that immediately silenced the stadium and left teammates visibly shaken.

The challenge, an accidental but forceful contact as both players attacked a loose ball, resulted in a serious leg injury that required urgent medical intervention and swift transfer to a specialized facility.

Doctors in Japan confirmed that the procedure went according to plan, noting that the early response and timely …

Naira Gains to ₦1,441/$1 as FX Pressure Eases Across Markets

Naira Gains to ₦1,441/$1 as FX Pressure Eases Across Markets

Nigerian Naira gains against the dollar and pound amid rising reserves, while cryptocurrency markets see sharp declines over $1 billion in liquidations.

Nigerian Naira strengthened on Thursday November 13, 2025, reversing some of the recent pressure in the foreign exchange market. In the Nigerian Autonomous Foreign Exchange Market (NAFEM), the Naira closed at ₦1,441.44 per US dollar, up ₦1.64 or 0.11% from Wednesday’s ₦1,443.08/$1.

The local currency also gained against the British Pound, rising ₦2.44 to ₦1,898.96/£1 from ₦1,901.40/£1 the previous day. Against the Euro, however, the Naira dipped slightly by 99 kobo to ₦1,674.96/€1, compared with Wednesday’s ₦1,673.97/€1.

At …

U.S. Expands Caribbean Boat Strikes In Bid To Curb Drug Flows

U.S. Expands Caribbean Boat Strikes In Bid To Curb Drug Flows

United States Military confirms its 20th strike on alleged drug-trafficking boats, raising fatalities to 80 as questions grow over targeting and identification.

The United States military has intensified its campaign against suspected drug-trafficking vessels in the Caribbean, carrying out its 20th strike this week, a Defense Department official confirmed on Thursday November 13, 2025. The latest operation, which killed four people aboard an alleged smuggling boat, underscores Washington’s heightened effort to curb narcotics shipments moving toward US shores.

The strike brings the total death toll in the campaign to 80, a figure that has raised concerns among some analysts and …

US Flight Cuts Persist As Airports Face Ongoing Staffing Strain

US Flight Cuts Persist As Airports Face Ongoing Staffing Strain

Air travel across major US hubs remains disrupted as the FAA restores operations gradually, leaving airlines and passengers bracing for further delays.

Air travel across the United States continues to face widespread disruption even as the federal government resumes normal operations. A 6% reduction in flights at 40 major airports remains in effect, and officials warn that full capacity will only return once safety standards are assured and more air traffic controllers are back on duty.

Transportation Secretary Sean Duffy said the Federal Aviation Administration (FAA) is taking a deliberately cautious approach as it works to rebuild staffing levels after …

Ronaldo Sent Off As Portugal Fall Behind In Dublin Qualifier

Ronaldo Sent Off As Portugal Fall Behind In Dublin Qualifier

Cristiano Ronaldo receives his first-ever Portugal red card as Ireland surge to a 2-0 lead in a tense World Cup qualifier in Dublin on Thursday night.

Cristiano Ronaldo’s hopes of steering Portugal to a crucial World Cup qualifying win collapsed dramatically on Thursday November 13, 2025, after he was sent off during a tense match against the Republic of Ireland in Dublin.

The incident unfolded just after the hour mark at the Aviva Stadium, with Portugal already pushing to recover from a two-goal deficit. Ireland’s Troy Parrott had stunned the visitors with a pair of well-taken goals, giving the home …

Nigeria's 3 Dominates Africa’s Top 300 Banks, GTB Leads Again

Nigeria’s 3 Dominates Africa’s Top 300 Banks, GTB Leads Again

Guaranty Trust, Zenith, United Bank for Africa (UBA) top Africa’s 2025 finance ranking, reflecting Nigeria’s strong banking growth and investor confidence.

Nigeria has reinforced its position as a powerhouse in Africa’s banking sector, with Guaranty Trust Bank (GTB), Zenith Bank, and United Bank for Africa (UBA) among the top five institutions on The Africa Report’s 2025 ranking of the Top 300 Finance Champions.

The ranking evaluates Africa’s largest banking groups based on profitability, solvency, liquidity, credit quality, and total assets. GTB retained the top spot for the second consecutive year, followed by Zenith Bank at third and UBA at fifth.

U.S. Military Buildup In Venezuela Intensifies Amid Backlash

U.S. Military Buildup In Venezuela Intensifies Amid Backlash

The United States military has confirmed that four people were killed in an air strike on a boat in international waters, marking the 20th reported attack on vessels in the Caribbean and Pacific this year. The operation comes as the Trump administration weighs potential military actions in Venezuela and significantly expands its presence in the region.

US Southern Command said Friday on X that the strike, carried out Monday, was authorized by Defense Secretary Pete Hegseth. The statement described the targeted vessel as “trafficking narcotics” but did not provide evidence to support the claim.

The strike coincides with a rapid …

China Climate Leadership Rises As U.S. Skips COP30

China Climate Leadership Rises As U.S. Skips COP30

For the first time in three decades, the United States is absent from the U.N.’s annual climate summit, and China is rapidly filling the void. From commanding the most prominent pavilion at COP30 to deploying a robust diplomatic and corporate presence, Beijing has stepped into a leadership role once associated with Washington.

China’s influence is visible across the sprawling conference grounds in Belem, where executives from its largest clean-energy firms address packed audiences in English and diplomats work behind the scenes to keep negotiations on track.

“Water flows to where there is space, and diplomacy often does the same,” said …