PZ Cussons Plc plans to sell its African business, including a 73.27% stake in PZ Cussons Nigeria, to reduce exposure to naira fluctuations. The company cites significant financial losses due to the Nigerian naira's 70% devaluation, which has severely impacted earnings and operational costs in...
PZ Cussons Nigeria reports a massive N96.4 billion loss in FY 2024, resulting in negative equity. Despite revenue growth, exchange losses, and macroeconomic challenges have severely impacted the company's finances. Delisting plans face hurdles as the parent company reviews Nigerian operations to...
PZ Cussons Plc, a distinguished British consumer goods conglomerate with a rich legacy dating back 140 years, is weighing the prospect of withdrawing from its African operations. The decision follows a sharp decline in sales within its Nigerian market, prompting the company to reassess its...
PZ Cussons Nigeria Plc has announced an extraordinary general meeting scheduled for March 30th in Abuja, addressing concerns over its negative net asset position as of the end of Q2, 2023/2024.
The company's unaudited financial results reveal a staggering after-tax loss of N74.14 billion...
Kola Jamodu, Chairman, PZ Cussons Nigeria Plc In a notice to the Nigerian Stock Exchange (NSE) today, PZ Cussons Plc has announced the resignation of its Chief Financial Officer (CFO) Mr David Petzer. His resignation takes effect from 19th February 2018. Petzer joined the company in September...
PZ Cussons profits in the year ending in May,2016 has dropped by 5.5 per cent but the management very hopefully of the recently-introduced floating currency regime i Nigeria.
PZ Cussons' pre-tax profit of Imperial Leather soap and Original Source shower gel fell 5.3 per cent on the year to...
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