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Featured: Latest Nigerian News
financial restructuring
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Nigeria PZ Cussons Aims to Reduce Debt Burden with Equity Conversion Plan
PZ Cussons Nigeria Plc is converting a N51.79 billion loan from its UK parent company into equity to strengthen its balance sheet and reduce foreign exchange risk. This move, subject to shareholder approval, aims to restore financial stability amidst ongoing economic challenges in Nigeria. PZ...- Nigeria News
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- 2 min read
- equity conversion financial restructuring loan conversion nigeria foreign exchange pz cussons
- Category: Business
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