Aradel Holdings Plc closed the first half of 2025 with stronger earnings despite weaker crude prices and mounting cost pressures, as rising crude output, higher refined product sales and record gains from associate companies lifted the bottom line.
The indigenous energy company reported a profit
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Wasiu Alli
Wasiu Alli is a business, economics cum data journalist with strong expertise covering macro trends, capital markets, government policies, corporate earnings and comparative economics analysis. Alli turns raw data into trends that not only tells compelling stories but nudges investors to make valued and informed decisions. He’s an alumnus of Lagos State University and trained at Lagos Business School. He formerly heads the Companies and Markets desk at BusinessDay where he writes and supervises the production of well researched articles on earnings updates, corporate sectoral comparisons, market intelligence as well as interviews with C-suite executives.
