Oil prices rallied in the global commodity market on Monday as the U.S. slammed higher tariffs on its major suppliers, Canada and Mexico with a 10% tariff hike on China. Brent crude rose by 0.03%, trading at $76.33 per barrel, while the US benchmark West Texas Intermediate (WTI) increased by 0.2%, reaching $73.56 per barrel.

BUA Foods Plc bolstered net income by 145.1% year on year to N274.946 billion in 2024 as the company sales increased significantly. In 12 months, BUA Foods revenue rose by more than 109% year on year to N1.526 trillion from N729.443 billion.