Manufacturing

Renault names new leaders as scandal-hit Ghosn bows out

Renault appointed Michelin boss Jean-Dominique Senard as its new chairman on Thursday, after Carlos Ghosn was forced to resign in…

Pfizer, Merck KGaA’s Bavencio takes a hit with second ovarian cancer failure

Back in November, Pfizer and Merck KGaA reported that immuno-oncology drug Bavencio had failed a late-stage ovarian cancer trial. And…

Novartis keeps promise, eyes new method for funding ultrapricey next-gen drugs

Novartis is weighing an insurance method often associated with natural disasters to help win coverage for its pricey next-generation cell and…

Nigerian Bottling Coy plans doubling production to 75m units with new mega plant in Port Harcourt

Ben Eguzozie, in Port Harcourt Nigeria’s largest soft drink producer, the Nigerian Bottling Company (NBC) is expanding its operations in…

Manufacturers’ group in Nigeria’s Imo, Abia say South-east governments lukewarm towards industrialization

By Dikachi Franklin, Owerri. The manufacturers association of Nigeria (MAN) is worried about the lackadaisical attitude of the governments of Imo…

Lafarge records 1206% loss after tax in 9 months on rising operating, finance costs

Cement producer, Lafarge Africa Plc., closed the first nine months of the 2018 financial year with a loss after tax…