Why was Stanbic IBTC fined by SEC Nigeria?

Stanbic IBTC Capital Limited was fined ₦50.145 million ($34,490) by the Securities and Exchange Commission (SEC) for using digital distribution channels during GTCO’s public offer without prior approval.

How much was the Stanbic IBTC fine?

The fine was ₦50.145 million, though Stanbic initially misreported it as ₦50.15 billion due to a clerical error. The mistake was later corrected.

What is a digital public offer in Nigeria?

A digital public offer is a capital raise conducted through apps, online platforms, and mobile channels. It improves accessibility and allows more retail investors to participate in Nigeria’s capital markets.

Why is SEC approval important for public offers?

SEC approval ensures investor protection, transparency, and fairness in Nigeria’s capital markets. It is a mandatory step for both traditional and digital public offers.

Will the Stanbic fine slow down digitalisation in Nigeria’s capital markets?

No. Digitalisation is growing rapidly, with retail investments through apps reaching ₦516.50 billion in July 2025. The fine reinforces the need for compliance but will not derail the digital drive.

When will the M5 MacBook Pro be released?

The M5 MacBook Pro is expected to launch on Wednesday, October 16, 2025, based on Apple's teaser video and insider reports from Mark Gurman.

How much will the M5 MacBook Pro cost?

The base 14-inch M5 MacBook Pro will likely start at $1,599, matching current M4 pricing. Final pricing will be confirmed at launch.

What's the difference between M5, M5 Pro, and M5 Max?

The M5 is the base chip for everyday users. M5 Pro offers more CPU and GPU cores for professionals. M5 Max provides the highest performance for intensive workflows. Pro and Max variants won't arrive until early 2026.

Is the M5 MacBook Pro worth buying over M4?

Yes, if you're buying now. The M5 offers 12% faster CPU and 36% better GPU performance compared to M4, making it a significant upgrade.

Will there be a 16-inch M5 MacBook Pro?

Initially, only the 14-inch model with the base M5 chip will launch. The 16-inch models with M5 Pro and M5 Max chips are expected in early 2026.

Can I pre-order the M5 MacBook Pro?

Pre-orders should open shortly after Apple's official announcement on Wednesday, October 16, 2025.

What colors will the M5 MacBook Pro come in?

Apple hasn't announced color options yet, but expect the traditional Space Gray and Silver finishes at minimum.

Will the M5 MacBook Pro have better battery life?

While not confirmed, Apple typically improves power efficiency with each chip generation, so better battery life is likely.

Should I wait for M5 Pro or buy M5 now?

If you need a laptop now, buy the M5. If you need maximum performance and can wait until 2026, hold out for M5 Pro or Max.

Does the M5 MacBook Pro support external displays?

Yes, based on Apple's recent MacBook Pro models, the M5 version should support multiple external displays.

Villpress is an integrated media company dedicated to uncovering the deeper stories behind culture-shaping people, technology, businesses, and events across Africa and beyond.

When was Villpress founded?

Villpress was founded in 2023 with the goal of shaping Africa’s narrative through storytelling, digital publishing, and culture-focused media.

What is Villpress’ mission?

Villpress aims to change the culture of media through purpose-driven narratives that inspire thought, spark dialogue, build understanding, and drive positive social impact.

What makes Villpress different?

Villpress believes storytelling is more than information — it is a bridge that connects people, preserves truth, and sparks change. The platform focuses on in-depth narrative journalism rather than surface-level headlines.

What topics does Villpress cover?

Villpress covers culture, technology, business, people, and events across Africa and the world, with a focus on the deeper stories behind major developments.

Who owns or runs Villpress?

Villpress is operated by a team of storytellers, journalists, media professionals, and creatives committed to shaping Africa’s culture of media.

Villpress is an integrated media company dedicated to uncovering the deeper stories behind culture-shaping people, technology, businesses, and events across Africa and beyond.

When was Villpress founded?

Villpress was founded in 2023 with the goal of shaping Africa’s narrative through storytelling, digital publishing, and culture-focused media.

What is Villpress’ mission?

Villpress aims to change the culture of media through purpose-driven narratives that inspire thought, spark dialogue, build understanding, and drive positive social impact.

What makes Villpress different?

Villpress believes storytelling is more than information — it is a bridge that connects people, preserves truth, and sparks change. The platform focuses on in-depth narrative journalism rather than surface-level headlines.

What topics does Villpress cover?

Villpress covers culture, technology, business, people, and events across Africa and the world, focusing on the deeper stories behind major developments.

Who owns or runs Villpress?

Villpress is operated by a team of storytellers, journalists, media professionals, and creatives committed to shaping Africa’s culture of media.

Villpress Insider - Villpress

Villpress Insider

The Villpress Insider team is a collective of seasoned editors and industry experts dedicated to delivering high-quality content on the latest trends and innovations in business, technology, artificial intelligence, advertising, and more.

Staff @Villpress

Follow:

465 Articles

Discover

Ndoh Joel Chibueze: The Engineer Turning Institutional Chaos into Scalable Software

When most people see long queues, scattered files, and outdated systems, they…

Villpress Insider

Discover

Funding Startups

YC-backed AI startups that raised funding in 2025: The Startups Defining the Next Wave

2025 has proven to be another milestone year for Y Combinator’s AI…

Villpress Insider

Marketing

Old Nigerian Ads and the Japanese Secret: How Emotion, Not Algorithms, Built Lasting Brands

You don’t forget a great ad; it lives rent-free in your head.…

Villpress Insider

News

Andrew Tulloch Joins Meta After Co-Founding Thinking Machines Lab

AI researcher and co-founder Andrew Tulloch has officially left Thinking Machines Lab…

Villpress Insider

News

NITDA DG Inspires Corp Members to Build Startups and Shape Nigeria’s Digital Future

The Director General of the National Information Technology Development Agency (NITDA), Kashifu…

Villpress Insider

Crypto

Behind Bitcoin’s Meltdown: Fear, ETFs, and Power Plays

Bitcoin is on another wild ride.Just days after hitting an all-time high…

Villpress Insider

Grow, expand and leverage your business with Villpress for Business

Quick Links

Our Newsletters

Villpress Insider

Ndoh Joel Chibueze: The Engineer Turning Institutional Chaos into Scalable Software

Two Brothers Fulfilling Their Father’s Dream with Africa’s First AI-Powered School Management System

Apple Lawsuit: Everything You Need to Know About Apple Being Sued by Neuroscientists Over AI Training Data

OpenAI’s Sora 2 Faces Backlash Over Copyright Violations and Deepfake Controversy

Inside Nvidia’s AI empire: explore their AI startup investments

YC-backed AI startups that raised funding in 2025: The Startups Defining the Next Wave

Old Nigerian Ads and the Japanese Secret: How Emotion, Not Algorithms, Built Lasting Brands

Andrew Tulloch Joins Meta After Co-Founding Thinking Machines Lab

NITDA DG Inspires Corp Members to Build Startups and Shape Nigeria’s Digital Future

Behind Bitcoin’s Meltdown: Fear, ETFs, and Power Plays

All the latest Stories and content straight to your inbox

Grow, expand and leverage your business with Villpress for Business

Quick Links

Our Newsletters

All the latest Stories and content straight to your inbox

Get All the latest Villpress Stories and Content straight to your inbox

Join Us!