GlaxoSmithKline, GSK, a British multinational pharmaceutical and biotechnology company, has made known its plan to cease operations in Nigeria. A statement by GSK Consumer Nigeria Plc, the Nigerian subsidiary of the company, on Thursday, said that the company’s pharmaceutical products will be distributed by third-party agents across the country. “In our published Q2 results we disclosed that the GSK UK Group has informed GlaxoSmithKline Consumer Nigeria PLC of its strategic intent to cease commercialization of...

OPay Nigeria, a leading digital fintech company, has officially rebranded and unveiled a new logo to mark its fifth year anniversary in the Nigerian market. The new logo, an “O” loop with a square element, was unveiled on Wednesday across the company’s social media pages. Check out our new Logo. Welcome to the new Era #OPayBeyondBanking #OPayNewLogo pic.twitter.com/OxTXUff5NF — OPay (@OPay_NG) July 26, 2023 According to Nairametrics, the “O” loop represents OPay’s dedication to continuously...

To make digital transactions on Google Play Store easier and more accessible for Nigerians, Google says Nigerians can now make payments on the store using the local currency, the naira. This followed its partnership with Verve, the largest domestic card scheme in Africa, on Wednesday, aimed at strengthening the digital ecosystem in Nigeria. “We are thrilled to collaborate with Verve, expanding Google Play access for more Nigerians,” Anthea Crawford, the head of retail and payment...

…Urges others to prioritise staff wellbeing Wema Bank in a bid to cushion the effect of fuel subsidy has emphasised the need to prioritise employee’s wellbeing by increasing the staff salaries of the bank. According to the bank, the current economic realities, which have witnessed recent spikes in fuel, electricity, and other prices, require that employers prioritise the welfare of their workers. This was disclosed in a statement signed by its Divisional Head, People, Brand...

State Commissioner for Industry says top 100 industries in Anambra State would export to 54 African Countries The Anambra State Commissioner for Industry, Christian Udechukwu, has said that the state government has restored order across the state. This and more he said while speaking on Arise Television. According to the Commissioner, the Anambra Ministry of Industry has worked out modalities for the top one hundred industries in Anambra, to export to fifty-four African countries. Speaking...

President Bola Tinubu, on Friday, approved the establishment of a presidential committee on fiscal policy and tax reforms and has appointed Taiwo Oyedele to chair the committee. Oyedele is the fiscal policy partner and Africa tax leader at PricewaterhouseCoopers, PwC, a network of firms in 152 countries that offers business advisory services such as auditing, accounting, taxation, strategy management, and human resource consulting services. Announcing the development in a statement, Dele Alake, special adviser to...