PZ Cussons Plc, the parent company of PZ Cussons Nigeria, has announced that the company is planning to sell its African subsidiaries, citing naira fluctuations. The company in its ‘Results for the year ended 31 May 2024,’ published on Wednesday, said it is is looking at partial or full sale, saying the sale will reduce the company’s exposure to naira fluctuations. The consumer goods manufacturer said its Board has received multiple interests in the sale of its African business. It said, “The Group is currently engaged in a process to…
Read MorePZ Cussons to exit Nigeria, Africa over Naira fluctuations
