Purdue Pharma dissolved in opioid crisis settlement
US judge approves Purdue Pharma bankruptcy, dissolving OxyContin maker. Sacklers pay $6.5-7B settlement. Learn about Nigeria's opioid awareness.
Category : Search result: pharmaceutical manufacturing
Nigeria Baking Crisis: 80,000 Bakeries Shut Down
Nigeria's baking industry faces collapse as over 80,000 bakeries closed since 2020 due to high production costs, energy crisis, and insecurity. Learn how this affects jobs and bread prices.
Alstom's Profits Surge on Global Rail Demand
French rail giant Alstom posts a net income of €220 million in H1 2025-2026, driven by strong global demand for trains and infrastructure. Revenue growth forecast upgraded.
Pfizer buys Metsera in $10bn weight loss drug deal
Pfizer completes Metsera acquisition worth up to $10 billion, entering the competitive weight loss drug market. Learn how this deal positions Pfizer against Novo Nordisk.
Steel & Defence Ministries Sign Military Hardware MOU
Nigeria's Ministry of Steel Development and Ministry of Defence sign landmark agreement for military hardware production at Ajaokuta Steel Company, boosting national security and local manufacturing.
Northern Industries Back 15% Power Tariff Hike
Major northern industrial associations endorse new electricity tariff, citing long-term economic benefits despite initial cost concerns for manufacturers and households.
Beta Glass Invests ₦85M in Nigerian Communities
Leading glass and packaging manufacturer Beta Glass PLC has made significant investments in community development while generating massive economic value for Nigeria's economy through job creation and local content.
IVM Boss: Banking Bottlenecks Hurt Nigerian Manufacturers
IVM's Managing Director Mitchell Elegbe advocates for strengthened local content policy while highlighting banking sector challenges crippling Nigerian manufacturers' competitiveness.
Imo State Revives Aluminium Company with ₦500M
Imo State Government injects ₦500 million to resuscitate the moribund Inyishi Aluminium Company, creating jobs and boosting local manufacturing in Southeast Nigeria.
Nigeria gets €6.3M EU-UNICEF health production deal
Federal Government partners with European Union and UNICEF in groundbreaking €6.3 million initiative to boost local manufacturing of essential health commodities and reduce import dependency.
Nigeria signs €6.3M health production deal with EU-UNICEF
Federal Government signs landmark agreement to strengthen local manufacturing of essential health commodities, reducing import dependency and creating jobs.
Northern Industrialists Support 15% Electricity Tariff Hike
Major northern industrial groups endorse controversial electricity tariff increase, arguing it will stabilize Nigeria's power sector and attract critical investment despite consumer concerns.
AstraZeneca Profit Soars with 19% Revenue Growth
British-Swedish pharmaceutical giant AstraZeneca reports massive profit jump with 19% revenue growth. Discover how emerging markets and cancer drugs drove this impressive performance.
Neimeth Pharmaceuticals Profit Soars 120%
Neimeth International Pharmaceuticals records massive 120% operating profit growth as strategic marketing expansion and cost management deliver outstanding results in Nigerian healthcare sector.
German Steel Industry Faces Major Crisis and Job Cuts
Germany's once-powerful steel industry confronts an uncertain future as high energy costs and global competition threaten thousands of jobs and factory operations across the nation.
Nigeria to Privatize Refineries in Historic Agreement
In a groundbreaking move to revitalize Nigeria's oil sector, the Federal Government and manufacturers have agreed to privatize the Port Harcourt refinery and other national refineries, promising to end fuel import dependency.
CAP Plc Advocates Sustainable Paint Manufacturing in Nigeria
Chemical and Allied Products Plc leads Nigeria's paint industry toward safer, environmentally conscious manufacturing practices while maintaining quality standards.
German Factory Orders Decline in June 2024
Germany's factory orders unexpectedly fell in June 2024, raising concerns about Europe's largest economy. Latest data shows manufacturing sector struggles continue.
NAFDAC Boss Praised for Health Sector Transformation
NAFDAC's Director-General Prof. Moji Adeyeye earns commendation for transformational leadership that's reshaping Nigeria's healthcare landscape and regulatory standards.
Edo State to Begin Local Drug Production in 2026
Edo State announces groundbreaking pharmaceutical manufacturing initiative to produce essential medicines locally by 2026, reducing import dependency and creating thousands of jobs.
Pfizer Profits Dip as COVID Vaccine Sales Decline
Global pharmaceutical giant Pfizer experiences significant profit decline amid falling COVID-19 product sales. Analysis of impact on Nigerian healthcare market and future outlook.
Germany Slashes Industrial Power Costs from 2025
German government announces significant electricity price cuts for industries starting January 2025, offering relief to manufacturers amid economic challenges.
EU, France invest €10.2M in Nigeria pharma sector
Massive €10.2 million investment aims to boost local drug manufacturing, reduce import dependency, and create thousands of jobs in Nigeria's healthcare sector.
Dangote Cement Employee Exposes Salary Breakdown
A Nigerian man's viral post revealing his alleged salary structure at Dangote Cement has sparked nationwide debate about workers' compensation in major manufacturing companies.
EU & France Invest €10.2M in Nigeria Pharma Industry
Breaking: European Union and France launch massive €10.2 million investment to transform Nigeria's local drug manufacturing capacity and healthcare security.
China Exempts Nexperia From Dutch Semiconductor Export Ban
China exempts Nexperia from Dutch semiconductor export restrictions, securing chip supply chain and highlighting strategic importance of Chinese-owned tech firms in global market.
Ogun State: Driving Nigeria's Industrial Revolution
Discover how Ogun State's strategic partnerships with multinational corporations and local industry leaders are driving Nigeria's most significant industrial transformation in decades.
Nigeria's Printing Industry Battles Survival Crisis
Lagos Chamber of Commerce intervenes as Nigeria's printing sector faces existential threat from rising production costs, forex volatility, and power challenges. Key stakeholders gather for crucial dialogue.
ACPN Fights Illegal Drug Distribution in Nigerian Hospitals
ACPN demands immediate government action against unlicensed drug distribution in healthcare facilities, warning of dire consequences for patient safety and public health.
Tinubu Boosts Local Medicine Manufacturing in Nigeria
President Tinubu's administration takes decisive action to revolutionize Nigeria's pharmaceutical sector with new policies aimed at boosting local medicine manufacturing and reducing import dependency.
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