Neimeth International Pharmaceuticals Plc is reorganising nearly N2 billion in reserves under a court-backed scheme, emphasising a deeper shift across Nigeria’s pharmaceutical industry as companies move away from an increasingly unsustainable reliance on short-term bank borrowing. Shareholders approved the scheme of arrangement at a court-ordered meeting on March 31, clearing the way for the company […]
read more Neimeth restructures reserves as drugmakers abandon costly debt model