GSK Shares Surge After $2.2bn Settlement Deal

Shares of GSK (GSK.L) surged by as much as 6.5 per cent on Thursday following the announcement of a $2.2bn settlement related to U.S. lawsuits alleging that its discontinued heartburn medication, Zantac, caused cancer. The settlement, disclosed on Wednesday, was significantly lower than anticipated, with JP Morgan previously estimating a …

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ETI Issues $400m Notes At 10.125% Interest Rate

Ecobank Transnational Incorporated (ETI) has successfully priced its $400m 10.125 per cent notes, which are set to mature on October 15, 2029. Interest payments on the notes will be made semi-annually, on April 15 and October 15 each year, with the first payment commencing on April 15, 2025. This information …

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Man United summer signing diagnosed with heart condition

Manchester United’s summer signing Noussair Mazraoui is set to miss the next two months due to a diagnosis of cardiac arrhythmia, according to reports. The setback comes as the club grapples with their worst-ever start to a Premier League season, having secured just eight points from their opening seven matches. …

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Why APC may win 2027 election — PDP chieftain

A Peoples Democratic Party chairmanship aspirant, Conrad Utaan, has warned that the All Progressives Congress could secure victory in the 2027 election if the ongoing issues within the PDP continue. Utaan stated this during an interaction with journalists in Abuja on Wednesday, highlighting that the internal crisis has rendered all …

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