Nike Shares Slump After China Sales Drop 17%
Nike's quarterly profits fell 32% due to weak China sales and US tariffs. CEO promises a 'new approach' to revive the brand. Read the full analysis.
Nike's quarterly profits fell 32% due to weak China sales and US tariffs. CEO promises a 'new approach' to revive the brand. Read the full analysis.
Pfizer shares tumbled after the drugmaker projected flat revenues and lower profits for 2026, citing declining Covid-19 sales and heavy investment in new products like weight-loss drugs.
16-year-old Nicole Harry-Erin's solo art show, 'The Essence of Life,' at Nike Art Gallery Abuja raised about N1.2 million for Hope and Faith Orphanage. Her work inspires optimism and philanthropy.
16-year-old Nicole Harry-Erin's solo art exhibition, 'The Essence of Life', at Nike Art Gallery Abuja raised about N1.2 million for Hope and Faith Orphanage. Read how her art inspires optimism and philanthropy.
Airbus confirms a supplier quality problem affecting some A320 metal panels, causing a stock plunge. The issue is contained, with fewer than 100 planes grounded for a separate software fix.
Airbus detects a 'supplier quality issue' on some A320 metal panels, causing a stock plunge. This is the second problem for the jet in a week. Read the full details and market impact.
Nigerian stock market declined 0.49% Wednesday as investors reacted to CBN's decision to maintain 27% MPR. Market capitalization lost N444 billion. Read full analysis.
Ukraine signs historic agreement with France for 100 Rafale warplanes to strengthen air defence against Russian attacks. Zelenskiy calls it 'greatest air defence in the world'.
Academy Press Plc shareholders approved 15 kobo dividend per share and 1-for-5 bonus issue at 61st AGM. Company expands capital base amid strong financial performance. Read full details.
Serbia confronts a winter energy crisis as US sanctions on Russian-owned NIS threaten oil supplies. President Vučić seeks to avoid confiscation of Russian shares. Read more.
Spanish telecom giant Telefónica faces market turbulence as shares plummet following dividend reduction and unexpected net loss announcement.
Amazon's stock surges to record highs as artificial intelligence revolution drives unprecedented growth in AWS cloud services, creating massive opportunities for Nigerian tech investors and businesses.
A Nigerian teacher's video of his talented student singing passionately during school hours has captured hearts online, showcasing raw musical talent in the classroom.
Stellantis, the automotive giant behind Jeep, faces investor concerns as shares drop despite reporting increased sales. Discover the market forces behind this surprising downturn.
Asian stock markets joined Wall Street's record-breaking rally as technology shares continue their impressive bull run. Discover which markets and tech giants are driving this global surge.