Categories: Economy And Business Headline

BREAKING: GSK Group To Cease Operations In Nigeria

The Company made this announcement via an official statement signed by Company Secretary, Frederick Ichekwai which was sent to the Nigeria Exchange Limited (NGX).

Advertisement
Advertisement

GSK Group is set to cease operations in Nigeria.

 

Newsonline Nigeria reports that GSK UK Group has informed GlaxoSmithKline Consumer Nigeria PLC of its strategic intent to cease the commercialization of its prescription medicines and vaccines in Nigeria. 

 

The Company made this announcement via an official statement signed by Company Secretary, Frederick Ichekwai which was sent to the Nigeria Exchange Limited (NGX). 

 

According to its unaudited HY 2023 financial statement, the company noted that it would appoint a local third-party distributor in Nigeria for the supply of its consumer healthcare products. 

 

This is a developing story…

Advertisement
NewsOnline Nigeria

Recent Posts

  • Africa

General Tiani Accuses France Offering Nigeria Funds To Destabilize Niger Republic

General Tiani has accused France of offering Nigeria funds to destabilize the Niger Republic and…

10 hours ago
  • 2027 Election

Kwankwaso Vows To Diminish APC Just Like PDP In 2027 General Elections

Kwankwaso has vowed to diminish APC just like PDP in the 2027 general elections.  …

10 hours ago
  • Headline

BREAKING: MTN, AIRTEL, GLO, Others To Hike Call, Data Tariffs Early 2025

MTN, AIRTEL, and GLO among other telecoms operators are reportedly set to hike call and…

10 hours ago
  • Crime Watch

BREAKING: EFCC Arrests Joy Enwa Over N1.3 Trillion Misappropriation Under Okowa

EFCC has arrested Joy Enwa over N1.3 trillion misappropriation under Okowa.   NewsOnline Nigeria reports…

10 hours ago
  • Featured

Open Heaven 26 December 2024 RCCG Daily Devotional

Open Heaven 26 December 2024 RCCG Daily Devotional can be accessed below.   NewsOnline Nigeria…

10 hours ago
  • Exchange Rates

Black Market Dollar To Naira Exchange Rate In Lagos, FCT, 26 December 2024

Black Market Dollar To Naira Exchange Rate in Lagos and FCT today, 26 December 2024.…

10 hours ago