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Proshare – What to Expect from the Markets this Week

Proshare – What to Expect from the Markets this Week

This week, the domestic macroeconomic space was dominated by the new N1.15 trn borrowing plan, oversubscription of the Eurobond issuance…
Presco Plc Launches N250bn Rights Issue to Boost Expansion and Market Position

Presco Plc Launches N250bn Rights Issue to Boost Expansion and Market Position

Presco Plc announces the launch of its N250 billion Rights Issue, following approvals from its Shareholders, Regulatory Authorities, and the Nigerian…
CPPE: Trump’s threat of military action against Nigeria may trigger capital flight, weaken naira

CPPE: Trump’s threat of military action against Nigeria may trigger capital flight, weaken naira

The Centre for the Promotion of Private Enterprise (CPPE) says the recent threat of possible military action against Nigeria by United States…
Otedola hails Tinubu’s 15% petrol, diesel import tariff policy

Otedola hails Tinubu’s 15% petrol, diesel import tariff policy

Billionaire businessman, Femi Otedola, has applauded President Bola Tinubu over the implementation of a 15 per cent import tariff on…
EU, France invest €10.2m to boost Nigeria’s pharmaceutical manufacturing capacity

EU, France invest €10.2m to boost Nigeria’s pharmaceutical manufacturing capacity

The European Union (EU) and France have committed a €10.2 million investment to strengthen Nigeria’s pharmaceutical manufacturing capacity, in what officials…
Equities Extends Bearish Trend on Thursday, as Investors Lost N371bn; BDC Rate Appreciates to N1,465/US$1

Equities Extends Bearish Trend on Thursday, as Investors Lost N371bn; BDC Rate Appreciates to N1,465/US$1

Source: Proshare.co 1.1 NGX – Listed Equities Equities on the NGX sustained a bearish trend on Thursday, as the benchmark All-Share…
Chinese property giant Evergrande delisted after spectacular fall

Chinese property giant Evergrande delisted after spectacular fall

Chinese property giant Evergrande’s shares were taken off the Hong Kong stock market on Monday after more than a decade…
Stock Recommendation for the Week of July 14, 2025

Stock Recommendation for the Week of July 14, 2025

The Nigerian Equities market showed a bullish run last week, with the NGX ASI closing above 125,000 points. The market’s upward trend…
AfDB Pandemic Fund sign agreement to leverage resources for pandemic preparedness

AfDB Pandemic Fund sign agreement to leverage resources for pandemic preparedness

Fri, Feb 28, 2025 The Pandemic Fund is a partnership among donor countries, co-investors, foundations and civil society organizations hosted…
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