Stock Market

The FCC has issued an urgent alert after hackers infiltrated U.S. radio transmission gear, broadcasting fake Emergency Alert System (EAS) signals, obscene language, and bigoted content across stations in Texas and Virginia. Targeting vulnerable Barix devices, these cyber intrusions highlight critical security gaps in broadcast infrastructure. Learn about the incidents, FCC recommendations for broadcasters, and … Read more

President Bola Tinubu addressed Nigeria’s spiraling insecurity on November 26, 2025, by declaring a nationwide security emergency and authorizing a massive expansion of law enforcement ranks. In a televised statement from Abuja, he approved the recruitment of an additional 20,000 police officers, elevating the total new intake under his administration to 50,000. This move, coupled … Read more

Lagos Food Prices Decline in November 2025: Relief for Staples, But Onions, Fish, and Essentials Lag Behind Food prices in Lagos markets dipped 15-20% in November 2025 for staples like rice, garri, and tomatoes, per recent surveys, easing inflation pressures amid harvest gluts. However, onions, frozen fish, and select essentials like pepper persist at elevated … Read more

Nykode Therapeutics Q3 2025 Earnings Slides: $3.7M Net Loss, Pipeline Advances, Cash to 2028-2029 Nykode Therapeutics’ Q3 2025 slides reveal a narrowed net loss of $3.7 million on $0.1 million revenue, key pipeline milestones in oncology and autoimmune therapies, and a $63.9 million cash pile funding operations into 2028-2029—bolstered by a potential $32.5 million tax … Read more

NAHCO 2025: Robust Earnings Growth & Stock Surge Face Working Capital Hurdles Nigerian Aviation Handling Company (NAHCO) shines in 2025 with 47% profit jump to N13.46 billion in Q3, stock up 157% yearly. Yet, cash dips signal working capital strains from receivables and inflation. Explore the balance sheet boosts, operational wins, and risks ahead in … Read more

Champion Breweries Audited H1 2025 Financials: N4.04 Billion Profit Surge Amid Revenue Boom Champion Breweries Plc unveiled its audited half-year 2025 results, posting a staggering N4.04 billion profit after tax—a 1,046% upgrade from last year’s N359 million loss. Driven by 76% revenue growth to N15.9 billion and naira stability, the Heineken subsidiary eyes full-year dominance. … Read more

Cargo Tracking System Could Save Nigeria N900 Billion Annually in Revenue Leakages LAGOS, Nigeria – In a push to plug gaping holes in its trade revenue, Nigeria stands to recover an estimated N900 billion annually through a robust cargo tracking system, according to a new policy brief from the Sea Empowerment and Research Centre (SEREC). … Read more