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.
Category : Search result: shares drop
Pfizer Shares Fall on Weak 2026 Profit Outlook
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.
Airbus A320 Faces 'Quality Issue' on Metal Panels
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.
Rice Price Drops in Lagos, Farmers Predict More Cuts
Lagos slashes rice price to N57,000 per 50kg bag, triggering market-wide reductions. Farmers forecast further price drops ahead of Christmas but criticize import policies. Read for full market analysis.
Airbus Confirms Quality Issue on A320 Aircraft Panels
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.
Nigeria Stock Market Falls After CBN MPC Meeting
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.
Food Prices Drop: Beans, Garri, Maize Get Cheaper
NBS reports significant price drops for beans, garri, maize, and tomatoes in September 2025. Discover state-by-state variations and mixed trends for rice and beef.
Lagos Poultry Farmers Promise Price Drop for Xmas
Lagos residents can expect cheaper eggs and chicken this festive season as poultry farmers announce price reductions, thanks to the state government's Ounje Eko subsidy program. Find out how this impacts your holiday budget.
Ukraine signs deal for 100 French Rafale fighter jets
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 Endorses 15k Dividend, Bonus Shares
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's NIS oil firm faces shutdown amid US sanctions
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.
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.
Amazon Shares Surge as AI Boom Drives Cloud Growth
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.
Nigerian Pupil's Powerful Singing Voice Goes Viral
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 Shares Fall Despite Sales Growth
Stellantis, the automotive giant behind Jeep, faces investor concerns as shares drop despite reporting increased sales. Discover the market forces behind this surprising downturn.
Cooking Gas Prices Set for Major Drop in Nigeria
Cooking gas marketers predict substantial price reduction as Nigeria targets 6 million metric tonnes to meet growing consumer demand and ease economic pressure on households.
Asian Markets Join Wall Street's Record Tech Rally
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.
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