• Forex crises crippling sector as black-market dictates survival • Scarcity, price hike may promote poor-quality products from unscrupulous operators • New model, scaling down business segments will trigger fresh job losses • CPPE, others urge govt to tackle Naira fluctuations, boost ease of doing business With the economic crisis confronting Nigeria showing no signs of abating […]
On Thursday, GlaxoSmithKline (GSK), a British multinational pharmaceutical and biotechnology company, announced its plan to discontinue operations in Nigeria, 51 years after the company’s first office was opened in Lagos on July 1, 1972.