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Investors Pivot to Safer Havens Amid Market Volatility, Says Schwab President

May 1, 2025 By InvestAdvocate Lagos (INVESTADVOCATE)-Amid an atmosphere of economic uncertainty and geopolitical tension, investors are recalibrating their portfolios to mitigate risk and seek stability, according to Charles Schwab President and CEO Rick Wurster. Speaking during a Reuters NEXT Newsmaker interview monitored by InvestAdvocate on Thursday, Wurster observed a […]

Nigeria Courts ₦1.5trn Private Investment in Bold Infrastructure Overhaul

May 1, 2025 By InvestAdvocate  Lagos (INVESTADVOCATE)- In a decisive stride toward revitalising Nigeria’s road infrastructure, the Federal Government has unveiled an ambitious ₦1.5 trillion initiative to harness private capital for the development of over 900 kilometres of highways.  Spearheaded under the Highway Development and Management Initiative (HDMI), the programme […]

Nestle Nigeria Plc Q1-25: Sustained Revenue Growth and FX Relief Bolsters Q1 Earnings

April 30, 2025/Cordros Report NESTLE published their Q1-25 unaudited results this morning, reporting an earnings per share of NGN38.07 in Q1-25, a sharp recovery from the loss per share of NGN180.01 in Q1-24.The performance was driven by strong revenue growth (+60.7% y/y) and reduction in FX loss (-99.9% y/y).  Revenue […]