Presco Plc Launches ₦237B Rights Issue for Expansion
Nigerian agribusiness giant Presco Plc announces massive ₦237 billion rights issue to drive expansion, strengthen market leadership, and enhance production capacity across West Africa.
Category : Search result: stock market recovery
Presco Plc Launches ₦250BN Rights Issue for Expansion
Nigerian agribusiness giant Presco Plc unveils ambitious ₦250 billion rights issue strategy to accelerate expansion, strengthen market leadership, and enhance production capacity across West Africa.
Nigeria Businesses Eye China Trade Boost at Shanghai Expo
Nigerian businesses are positioning for significant economic recovery through strengthened trade partnerships with China at the Shanghai Import Expo, signaling new hope for commerce.
AstraZeneca Profit Soars with 19% Revenue Growth
British-Swedish pharmaceutical giant AstraZeneca reports massive profit jump with 19% revenue growth. Discover how emerging markets and cancer drugs drove this impressive performance.
SEC Chief Urges Registrars to Embrace Innovation
SEC Director-General Timi Owoturo challenges registrars to drive efficiency and technological advancement in Nigeria's capital market operations.
Neimeth Pharmaceuticals Profit Soars 120%
Neimeth International Pharmaceuticals records massive 120% operating profit growth as strategic marketing expansion and cost management deliver outstanding results in Nigerian healthcare sector.
Nigeria Stock Crisis: ₦1.3Trn Lost in Day
Nigeria's stock market plunges deeper into turmoil as investors witness massive wealth erosion, raising concerns about market stability and economic recovery prospects.
Police dismantle major kidnapping syndicate in Delta, Anambra
Nigerian police forces have successfully dismantled a sophisticated kidnapping syndicate operating across Delta and Anambra states, recovering dangerous firearms and ammunition in major security breakthrough.
Asian Markets Rebound Strongly on US Jobs Data
Asian markets surged dramatically as robust US employment figures boosted investor confidence, triggering a powerful recovery across major indices from Tokyo to Sydney.
Trump Effect Worsens Nigerian Stock Market Losses
Nigerian equities continue downward trend as Trump's political resurgence creates global market jitters. NGX sheds N1.36 trillion in two-day losing streak.
Delta Police Arrest Kidnappers, Recover N4M Ransom
Nigerian police in Delta State have arrested suspected kidnappers and recovered N4 million ransom in a major security breakthrough that highlights ongoing efforts to combat crime in the region.
BMW Reports Profit Surge, Shares Jump 5.5%
German luxury automaker BMW reports unexpected profit jump, sending shares soaring by 5.5% as premium vehicle sales defy economic challenges. Full-year outlook remains strong despite market volatility.
BRIPAN Reforms Nigeria's Insolvency Practice Nationwide
The Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) is spearheading a nationwide initiative to strengthen Nigeria's insolvency framework, enhance practitioner expertise, and boost investor confidence through comprehensive re
Sri Lanka Targets Big Fish in Anti-Corruption Crackdown
Sri Lanka intensifies anti-corruption campaign, targeting high-profile figures and recovering billions in stolen assets as nation rebuilds economy.
Asian Markets Crash Amid Tech Bubble Fears
Asian markets experienced significant declines as growing concerns about a technology stock bubble and Federal Reserve policy shifts sparked investor panic across major exchanges.
Naira Crashes, Stocks Drop After Trump Victory
Donald Trump's presidential win triggers financial turmoil in Nigeria as Naira crashes to record lows and stock market experiences significant drops. Expert analysis reveals what this means for Nigeria's economy.
Telefónica Shares Drop Amid Dividend Cut and Net Loss
Spanish telecom giant Telefónica faces market turbulence as shares plummet following dividend reduction and unexpected net loss announcement.
Nigeria Private Sector Growth Hits 6-Month High
Nigeria's private sector shows strongest growth in six months as business output and new orders surge, signaling economic recovery despite persistent inflation challenges.
Nigeria Stock Market Gains ₦7.2 Trillion in October
Nigeria's stock market experienced an unprecedented rally in October, delivering massive gains to investors as renewed confidence and steady reforms fuel economic optimism.
Asian Markets Volatile Amid Tech Rally, Fed Watch
Asian markets experienced significant volatility as technology shares surged while traders anxiously await the Federal Reserve's interest rate outlook. Discover how major indices performed and what's driving market sentiment.
Troops rescue kidnapped victims, recover N3.8m ransom in Kogi
In a dramatic operation, Nigerian security forces have rescued two kidnapped victims and recovered a hefty N3.8 million ransom in Kogi State, dealing a significant blow to criminal elements in the region.
Naira Hits 2025 High as Reserves Surge - Economic Boost
Nigeria's currency surges to strongest position this year while foreign reserves climb significantly, signaling robust economic recovery under CBN's strategic reforms.
Troops Rescue Kidnapped Victims, Recover Ransom in Kogi
In a major counter-kidnapping victory, Nigerian Army troops have successfully rescued two victims and recovered ransom money during a fierce confrontation with kidnappers in Kogi State's Osara forest.
Asian Markets Rally on Trader Optimism Surge
Major Asian stock markets surged as investor optimism grew over economic recovery prospects. Discover which markets led the gains and what's driving this positive momentum across the region.
Oyo Police Bust Gang, Arrest 6, Recover Weapons
Nigerian Police Force in Oyo State scores major victory against crime as operatives dismantle dangerous criminal network, recover sophisticated weapons and military gear in intelligence-driven raid.
Troops Arrest 7 Cultists in Benue, Recover Weapons
Security forces intensify crackdown on cultism in Benue State, arresting seven suspects and recovering firearms, ammunition, and mystical charms in major operation.
Yemi Alade's Smoking Addiction Confession Shocks Fans
Nigerian music superstar Yemi Alade opens up about her secret battle with cigarette addiction and how she narrowly escaped its grip in emotional new revelation.
NAFDAC: Violence Won't Stop Fake Goods Crackdown
NAFDAC remains resolute in fighting substandard products despite recent attacks on officials at Trade Fair Market. Agency promises intensified operations against fake goods.
Naira Hits ₦1,142/$1: Strongest Level in Weeks
Nigeria's Naira surges to ₦1,142 against the dollar, marking its strongest performance in weeks following significant dollar inflows and Central Bank interventions.
NGX Gains ₦285BN as Market Stages Impressive Comeback
The Nigerian Exchange Limited staged an impressive recovery, adding ₦285 billion in market capitalization as banking and insurance stocks led a bullish charge, reversing previous losses and signaling renewed investor confidence.
Page 3 of 4