BusinessNewsNigeriaAfrica’s largest syringe firm, JSM folds up business in Nigeria
Jubilee Syringe Manufacturing, JSM, has folded up business operations in Nigeria, saying the shutdown was triggered by “unforeseen circumstances affecting our business operations.” President Bola Tinubu in December boasted that Nigeria is a top-level destination for investments. He assured foreign investors and the international community that his administration is determined to “remove all cobwebs and anti-investment impediments” in the country. Yet, two weeks after the high assurances, JSM has joined the list of companies that...