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Glaxosmithkline

After over half a century in Nigeria, GlaxoSmithKline closes shop

GlaxoSmithKline

By our reporter After over 50 years’ presence in Nigeria, British pharmaceutical giant, GlaxoSmithKline Plc (GSK) yesterday said it was withdrawing its known line of business from the country. The firm cited what it described as a “strategic intent” to explore other favourable business options. In a note to the Nigerian Stock Exchange (NSE), the […]

Fidson shareholders endorse N312.95m dividend for 2018

Shareholders of Fidson Healthcare Plc have unanimously endorsed the N312.95m dividend proposed by the board of directors of the company for the financial year ended Dec. 31, 2018. Speaking at the 20th Annual General Meeting (AGM) of the company held in Lagos, Chairman, Fidson Healthcare, Mr Segun Adebanji, said the board of directors proposed a […]

NSE records N19bn gain on first trading day in September

Stock Exchange

Motolani Oseni The equities market segment of the Nigerian Stock Exchange (NSE) commenced trading in September on positive note with a marginal growth of 0.14 per cent, which translated to investors’ gain of N19 billion. Specifically, the All Share Index (ASI) rose by 39.28 points or 0.14 per cent to 27,565.09 points. Accordingly, investors gained […]

GSK Nigeria Plc shows support for IDPs

… donate Horlicks and Colart GlaxoSmithKline Consumer Nigeria Plc recently donated 14,802 units of Horlicks (nutritional health drink), and Colart (anti-malarial) to Borno State Government for distribution to Internally Displaced Persons (IDPs) taking refuge in camps and host communities in the State. The company in its statement during the visit said that the donation is […]