GlaxoSmithKline Plc plans to spend more than $1 billion to raise stakes in its Indian and Nigerian consumer healthcare arms, as Britain’s biggest drugmaker deepens its emerging markets and non-prescription consumer health footprint. The deals are the latest of several by GSK, which is reducing its reliance on traditional prescription […]
Author: InvestAdvocate
Slow bank lending to persist in 2013 – Fitch
Indications have emerged that industrialists and entrepreneurs may continue to suffer lack of access to loans from deposit money banks in 2013. A report by Fitch obtained by our correspondent on Monday said, “We expect loan growth to be subdued until second half of 2013, as the market adjusts to […]
FG to reduce lending rate for growth
The Federal Government says it has resolved to reduce lending rate to single digit to attract investors and grow the economy. This indication was given on Monday by the Minister of Trade and Investment, Mr. Olusegun Aganga, at the foundation laying ceremony of Funduk Intravenous Fluids Factory in Ibadan. According […]
