May 5, 2025/InvestmentOne Update The dynamics of the Nigerian economy has witnessed a major shift since the Tinubu led administration began late May 2023, following policy adjustments around the foreign exchange market and PMS subsidy removal. We highlight that these decisions were in tune with policy recommendations from multilateral organizations […]
OPINION/EDITORIAL
Presco Plc Q1-25: Strong Topline Growth Drives Profitability
May 2, 2025/Cordros Report Presco Plc (PRESCO) published their Q1-25 unaudited financial results after close of business on Wednesday (30 April), reporting a standalone EPS of NGN47.58 in Q1-25 (Q1-24: NGN24.06). This strong earnings performance was primarily driven by exceptional topline growth (+120.4% y/y). PRESCO’s revenue rose by 120.4% y/y […]
Oil Markets Enter May on the Back Foot
May 2, 2025/Oilprice.com Tom Kool Editor, Oilprice.com Crude oil futures tumbled over the past week, falling more than 6% as concerns over weakening global demand and a resurgent supply outlook weighed on sentiment. Friday, May 2nd, 2025 China, preparing for a week-long lull in trading activity, has nevertheless given the […]

