British oil giant BP said today it has agreed to sell a majority stake in its Castrol lubricants business to US investment firm Stonepeak, as it seeks to cut debt. The sale of BP’s 65 per cent stake will net it around $6 billion, the company said in a statement. The deal, which values Castrol […]
The Federal Competition and Consumer Protection Commission (FCCPC) has commenced a probe of the high cost of Blood Pressure (BP) and Diabetic drugs in the country. The Executive Vice Chairman(EVC) of the commission Tunji Bello said the inquiry was to ensure better medication and healthcare delivery, reports The Nation. He spoke at a stakeholde...

