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Finance & Markets

Risk Assets Can Withstand Fed Rate Hike, BlackRock's Rosenberg Says

Jeffrey Rosenberg, portfolio manager of the systematic multi-strategy fund at BlackRock, says a 25 basis-point rate hike would not be a big issue for risk assets. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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PZ posts N45 billion profit in 2026. Test comes in 2027 without asset sales

PZ Cussons Nigeria has released its audited full-year 2026 financial results for the year ended May 31, 2026, and the numbers look like the kind of turnaround investors dream about.

  • PZ Cussons Nigeria posted N45 billion profit in 2026, up 349% from previous year
  • Profit driven by asset sales, not recurring operating profit
  • Dividend proposed at N2.50 per share, yielding 3.1%

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