Category : Search result: local pharmaceutical production


US stops penny production after 232 years

The United States has minted its last circulating penny, ending 232 years of production. Discover why this cost-saving move matters and what happens next to your coins.

Nigeria Sets December 1 for 2025 Oil Licensing Round

NUPRC confirms 2025 oil licensing round starting December 1, aiming to boost Nigeria's crude production and create new investment opportunities. Learn how this could transform Nigeria's energy sector.

World Wine Output to See Modest 2025 Recovery

Global wine production is projected for a modest 3% recovery in 2025, yet remains below average due to climate change and shifting consumer habits. Get the full analysis.

Oshiomhole: Don't Tax Nigerian-Made Beer, Goods

Senator Adams Oshiomhole argues for removing excise duty on locally produced goods like beer to boost Nigerian manufacturing. Read his compelling reasons and public reactions.

Dangote, German Firm Build 4 New Fertiliser Plants

Dangote Fertiliser Limited partners with Germany's thyssenkrupp to construct four new urea plants in Lagos, boosting Nigeria's fertiliser output to over 8 million tons annually and strengthening export earnings.

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.

FG Launches N250BN Food Security Fund

The Nigerian government unveils massive intervention fund to boost agricultural production and stabilize food markets across the nation.

Presco Plans ₦23.7 Billion Rights Issue for Expansion

Nigerian agro-industrial giant Presco Plc announces ambitious ₦23.7 billion capital raise through rights issue to fund expansion projects and enhance palm oil production capabilities across its operations.

Local Content Key to Africa's Energy Future

Nigerian Content Development and Monitoring Board reveals how prioritizing local content is transforming Africa's energy sector and creating sustainable growth opportunities.

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.

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.

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.

PENGASSAN Strike Threatens Nigeria's Oil Economy

As PENGASSAN oil workers threaten nationwide strike over minimum wage disputes, Nigeria faces potential economic paralysis. Explore the delicate balance between workers' rights and national survival.

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