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Nigeria Major Corporations Exit Nigeria, Leaving 20,000 Job Losses, NECA Report Reveals
In a recent revelation, the Nigeria Employers' Consultative Association (NECA) has sounded the alarm over a significant exodus of multinational corporations from Africa's largest economy, resulting in the loss of 20,000 jobs over the past three years. Adewale Oyerinde, the director general of... -
Nigeria Nigeria's Top Manufacturers Hit Hard as Forex Loss Skyrockets 400%
The once-thriving Nigerian manufacturing sector is facing an unprecedented crisis, grappling with a colossal 400% surge in net foreign exchange losses totaling a staggering N466 billion over the nine months ending in September. Industry insiders point to a complex interplay of factors, including... -
Nigeria Tinubu Urges Multinationals to Stay Amid Company Exits in Nigeria
In a bid to stem the tide of multinational companies leaving Nigeria, Bola Tinubu, on Thursday, December 7, pleaded with corporations to reconsider their departure, assuring them of the government's commitment to resolving obstacles hindering their operations. Speaking during a meeting with a... -
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Business EXPLAINER: Here’s why GSK is leaving Nigeria after 51 years - The Cable
https://www.thecable.ng/explainer-heres-why-gsk-is-leaving-nigeria-after-51-years- Wakanda
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Business GSK, producer of Panadol, shuts down operations in Nigeria
https://www.thecable.ng/gsk-nigeria-shuts-down-operations-to-return-capital-to-shareholders/amp- Wakanda
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- glaxosmith gsk producer of panadol
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Business GSK Declares 60 kobo Special Dividend to Nigerian Shareholders
GlaxoSmithKline has declared a special dividend of 60 Kobo per share to its shareholders in Nigeria. The declaration was approved by the company’s shareholders during the extra-ordinary general meeting held on Monday, July 4, 2016 on the disposal of the company’s drinks business (Lucozade and...- LequteMan
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- glaxosmithkline gsk naija news
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Business GSK Nigeria Accepts Buyout Offer From Suntory Foods
The board of directors of GlaxoSmithKline Consumer Plc (GSK Nigeria) has announced that it has accepted a binding offer from Suntory Beverage and Food Nigeria Ltd, for the divestment of its drinks bottling and distribution business. The board is also recommending GSK's shareholders to approve...- LequteMan
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- glaxosmithkline gsk suntory beverage and food
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