Eli Lilly to invest $1.8 billion to expand manufacturing for weight loss, diabetes and Alzheimer’s drugs

Category: Procurement News

Demand for Eli Lilly’s Zepbound and Mounjaro has outstripped supply over the last year, forcing the company to invest heavily to increase production....

Moderna to cut $1.1 billion in costs and launch 10 new products by 2027 as it charts post-Covid future

Category: Procurement News

Moderna is deprioritizing certain parts of its pipeline, which involves pausing work on some products and scrapping others....

Tinubu pledges speedy assent to Federal Audit Service Bill to stem corruption

Category: Procurement News

President Bola Ahmed Tinubu has said he is committed to ensuring the country wins the fight against corruption. The President, who stated this on Wednesday at...

Japaul Gold targets N4 billion turnover from mining sector investment

Category: Procurement News

Japaul Gold and Ventures Plc has expressed optimism for increased capital appreciation and dividend payout as the firm received approval from the Securities...

AfDB decries low procurement by women businesses

Category: Procurement News

African Development Bank (AfDB), yesterday, lamented the disparity in public procurement, revealing that women-owned businesses receive a mere 1% of the...

AMOSUN, ZHONGFU AND DUE PROCESS 

Category: Procurement News

  SABIU GAYA contends that there is no basis for negotiation with Zhongfu International Investment FXE Since the news broke that a Chinese firm,  Zhongfu...

Ebonyi Govt to spend N3billion on 263 foreign scholarship students

Category: Procurement News

The Chairman of the Ebonyi State Scholarship Board, Chaka Nweze, has said that the state government will spend 3 billion naira for the 263 foreign students....

Bauchi pledges Intervention for flood victims

Category: Procurement News

The Bauchi State Government has pledged to provide urgent relief to communities affected by recent floods in the state. DAILY POST reports that no fewer than...

NUPRC denies approving Shell’s $1.3 billion asset sale to Renaissance

Category: Procurement News

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has denied a report that it has granted Shell International’s bid to sell its onshore assets to...

AIICO projects 46% profit growth in 2024 as it pays out N42.5 billion claims in six months

Category: Procurement News

AIICO Insurance Plc is forecasting a pre-tax profit of N17.6 billion, representing a 46% increase from the N12 billion pre-tax profit. read more AIICO projects...

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