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Nike, one of the world’s most iconic footwear brands, is facing significant financial turbulence after President Donald Trump announced sweeping new tariffs on imports from nearly all U.S. trading partners. The new tariffs have sent shockwaves through the apparel and footwear industries, causing Nike’s stock to plummet by more than 13% in pre-market trading on Thursday.

International Breweries has reported a significant loss after tax of N113.61 billion in the 2024 financial year, marking its seventh consecutive year of losses. Despite this, the company has seen strong revenue growth, with a 87.63% increase in revenue to N488.96 billion.

eTranzact International Plc has announced a remarkable pre-tax profit of N5 billion for the year ended December 31, 2024, marking a 53.2% year-on-year growth. This impressive performance highlights the company's accelerating profitability and strategic expansion in the fintech sector.

Nigerian Breweries has announced that the proceeds from its N599 billion rights issue have been instrumental in eliminating its foreign exchange (FX) debt entirely from its balance sheet. This move mitigates the company's exposure to currency volatility and reduces its local debt burden.

Transcorp Hotels has delivered a remarkable performance in the 2024 financial year, with a 138% increase in profit before tax to N22.61 billion. The company's strong financial performance is driven by its strategic focus on revenue generation, cost management, and market positioning.

LivingTrust Mortgage Bank Plc has secured an extension of time to file and publish its 2024 Audited Financial Statements, following approval from the Nigerian Exchange Limited (NGX). Key Highlights The bank's request for an extension was necessitated by the following factors: - Newly Reconstituted Board: The bank's newly reconstituted board was approved by the regulator towards the end of March 2025, requiring time to review the accounts.

Catalysts Industry Tailwinds: Continued global demand for wastewater treatment driven by urbanisation, water scarcity, and stricter environmental regulations. A rising focus on circular economies that value resource recovery from organic waste.

Phillips 66 (PSX) is often considered undervalued for several reasons. Investment analysis typically looks at various factors to determine if a company's stock might be undervalued and whether it has the potential to achieve higher profit margins.

Cenovus Energy offers a strong investment opportunity with a low-cost production base, robust balance sheet, and improving downstream performance. Major capital projects nearing completion, such as Narrow Lake and West White Rose, position CVE for significant production and earnings growth.