News

Emzor boosts local drug production with $230m API plant

Emzor Pharmaceutical Industries Limited, a leading pharmaceutical company in Nigeria, has announced a ground-breaking $230 million investment in a new Active Pharmaceutical Ingredients (API) manufacturing plant. This strategic move is set to significantly enhance local drug production, reduce reliance on imported pharmaceutical ingredients, and further strengthen Nigeria’s healthcare system. The...
Read more

PenCom mandates states to implement CPS

The National Pension Commission (PenCom) has mandated states and local governments to implement the Contributory Pension Scheme (CPS) for a pension-secure Nigeria. The Pension Reform Act (PRA) 2014, in Section 2(1), stipulates that the CPS applies to all public sector employees across the Federation, including the Federal Capital Territory, states, and local...
Read more