See another company preparing to exit Nigeria and Africa

  • PZ Cussons Plc has indicated interest in shutting down its operations in Africa due to sales challenges in Nigeria
  • The company stated that it is reassessing its operation on the continent, which could include a change of ownership
  • It said that it has received several approaches in the past months but has not yet decided to sell the firm

Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.

PZ Cussons Plc said on Wednesday, April 24, 2024, that it has begun a strategic review of its African businesses to exit Africa, partly due to economic challenges in Nigeria.