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GSK Exits Nigeria Due to Forex Crisis

GSK Group is Winding Down Operations in Nigeria, Citing Forex Crisis

It could look hopeless when you examine the root cause of the forex crisis, but leaving Nigeria is not an option: "GSK UK Group is winding down operations in Nigeria, the company has announced, after citing the impact of the country’s forex crisis on its business." GSK is a very important company in Nigeria and we want it to stay.

 

The corporation GSK UK Group has stated that it will cease operations in Nigeria, blaming the negative effects of the nation's currency crisis on its operations. We want GSK to remain because it is a significant firm in Nigeria.