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GSK NIGERIA
The Court-Ordered Meeting of GSK, Setfirst and SmithKline Beecham Limited opted not to receive their portion of the Initial Cash Distribution.
From FMN's commercial paper issuance to Coronation Group's license acquisition, these stories highlight the defining moments from Corporate Nigeria last week. Enjoy.
It was another busy week for corporate Nigeria, characterised by Q3 earnings forecasts, dividend announcements, appointments, and even product launches.
GSK Nigeria Plc highlighted some of the ways Nigeria's forex crisis is affecting drug production/availability in the country.
Drug manufacturer, GlaxoSmithKline Consumer Nigeria Plc, has released its consolidated financial statements for half-year 2019.
NPF Microfinance Bank Plc led the worst performing stocks for the week, ending June 28, 2019.
The plan is part of the leading pharmaceutical company's restructuring efforts, which would see it focus on building "a more sustainable commercial business".