Companies & Markets

Oil Prices Rise as UAE Increases Demand Amid Red Sea Attacks

Oil Prices Rise as UAE Increases Demand Amid Red Sea Attacks

Oil prices edged higher for a third consecutive session on Tuesday, buoyed by strong demand signals from the United Arab… Read More

4 weeks ago

Merck Nears $10bn Acquisition of Lung Disease Biotech Verona Pharma

Merck is on the verge of finalizing a $10 billion deal to acquire Verona Pharma, a biotech company specializing in… Read More

4 weeks ago

Dangote Refinery Eyes Full Reliance on Nigerian Crude by Year End

Dangote Refinery, the largest in Africa, is on track to process only Nigerian crude oil by the end of 2025,… Read More

4 weeks ago

Presco Plc Declares N42 Final Dividend

Presco Plc, West Africa’s leading edible oil producer, has announced a final dividend of N42 per share, underscoring its record-breaking… Read More

4 weeks ago

FG Sets 16 as Minimum Age for University Admission in Nigeria

The Federal Government has declared 16 years as the minimum age for admission into Nigeria’s tertiary institutions, reinforcing a long-standing… Read More

4 weeks ago

CBN Demands Bank Capital Plans, Ends Loan Waivers, Amid Measures for Forbearance Exit

The Central Bank of Nigeria (CBN) has directed all lenders to submit comprehensive capital restoration plans by the end of… Read More

4 weeks ago

GTCO, FBNH, and Seplat Lift Nigerian Stocks as Investors Regain Confidence

Nigerian equities edged higher on Monday, driven by gains in some of the country’s most heavily traded banking and energy… Read More

4 weeks ago

Oil Prices Steady Amid OPEC+ Supply Surge and Trump’s Tariff Threats

Oil prices remained steady on Monday despite OPEC+ announcing a larger-than-expected production hike for August, stoking fears of an impending… Read More

4 weeks ago

Tesla Stock Slides as Musk Announces New Political Party

Tesla shares slid by roughly 6–7% in pre-market trading on Monday after CEO Elon Musk announced his new political venture,… Read More

4 weeks ago

OPEC+ To Increase Oil Supply by 548,000 bpd in August 2025

OPEC+ has announced a larger-than-expected oil production increase for August 2025, further raising its output by 548,000 barrels per day… Read More

4 weeks ago