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Capital Market to Decline by N55.3bn as GSK Exits Nigeria After 51 Years of Operations

August 03, (THEWILL) - Nigeria’s equities market will lose N55.3 billion market capitalisation following GlaxoSmithKline’s (GSK), plan to close its operations in Nigeria after 51 years. The British multinational .pharmaceutical and biotechnology company which commenced operations in Nigeria in 1972 was listed on the Exchange in 1977. The current market price of the company is
United Kingdom Ogun State Frederick Ichekwai United Kingdom Group Haleon Group Nigeria Plc

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Akpabio, Others Pad President Tinubu's Palliative Budget With Over N200 Billion

July 14,2023. Senate President Godswill Akpabio and some of his colleagues have used the amendment of the 2022 Supplementary Appropriation Act as an opportunity to pad the budget by over N200 billion. Sources told Naija247news on Thursday that the senators involved capitalised on the request made by President Bola Tinubu for the appropriation of N500 |
Akwa Ibom Ikot Ekpene Ekiti State Nigeria General Abuja Federal Capital Territory Ibi Akpan

EXCLUSIVE: Senate President Akpabio, Others Pad President Tinubu's Palliative Budget With Over N200 Billion

Senate President Godswill Akpabio and some of his colleagues have used the amendment of the 2022 Supplementary Appropriation Act as an opportunity to pad the budget by over N200 billion.   Sources told SaharaReporters on Thursday that the senators involved capitalised on the request made by President Bola Tinubu for the appropriation of N500 billion for palliatives through the amendment of the Act to heavily pad the budget.  
Ikot Ekpene Akwa Ibom Ogun State Nigeria General Ibi Akpan Abuja Federal Capital Territory

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