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Nairaland Forum / Nairaland / General / Business / 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge (22864 Views)
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140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by Racoon(m): 6:22pm On Apr 25 |
There are indications that PZ Cussons Plc may leave Africa after sales plunged in its Nigeria operation. PZ Cussons has put its Africa business under review, potentially pivoting away from the region in which it was founded to invest in its remaining business and pay down debt, Bloomberg reports.https://leadership.ng/140-yr-old-pz-cussons-considers-leaving-africa-over-nigerias-sales-plunge/#google_vignette 5 Likes 1 Share
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Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by immortalcrown(m): 6:25pm On Apr 25 |
Gagantuan gaga! It seems the PZ has accepted to hit the ground running. 82 Likes 7 Shares |
Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by Racoon(m): 6:26pm On Apr 25 |
Who will come or sustain investments in a nation that has been bastardized by grossly corrupt, clueless, incompetent and inept people? Idiots who have destroyed a nation are busy obsessed with person who pass them. 152 Likes 12 Shares
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Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by Racoon(m): 6:39pm On Apr 25 |
The destructive APC government is just wasting Nigerian lean resources on a useless jamboree of going to attract foreign investors or investment. Provide the right environment and see investors pursuing you . 110 Likes 9 Shares |
Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by Racoon(m): 6:51pm On Apr 25 |
Racoon: 53 Likes 8 Shares |
Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by Delphi(m): 7:03pm On Apr 25 |
Nawaa o. It's a pitiable state. 26 Likes 1 Share |
Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by OmihaniFARH: 7:17pm On Apr 25 |
This one never do one year for office multinationals don dey leave the country. Nah wa o 121 Likes 5 Shares |
Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by specialmati(m): 7:19pm On Apr 25 |
the thief only came to steal , destroy and perish what is left . .this is the period for all the touts and agberos nairaland branch to be useful .does it mean they don't have any advice to give their chairman to get the country back on track 61 Likes 3 Shares
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Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by chieveboy(m): 7:20pm On Apr 25 |
The rise of numerous Nigerian companies with better or competing products contributed to the sales plunge. Many women now produce soaps from their backyard. This is not bad at all. Naustine: Yes I did. They will go look for available local or even international companies to render their services to or setup small-scale factories to that effect, which was how PZ itself started. Nothing is lost from the macro viewpoint. 15 Likes 7 Shares |
Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by b3llo(m): 7:20pm On Apr 25 |
Nawa o... |
Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by happney65: 7:20pm On Apr 25 |
Aha! Na statistics we go chop.. Oro buruku oun erin 57 Likes 2 Shares |
Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by ARISHEM: 7:20pm On Apr 25 |
Emilokan has done it again. We are yet to see the storm of investments that his lapdog Ajuri Ngelele said will flood Nigeria. What we are witnessing is the opposite. 69 Likes 3 Shares |
Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by edenex: 7:21pm On Apr 25 |
Reno is keeping corn crew happy on Twitter To distract them from the economic disaster ongoing Economy is dropping Companies are fleeing Fake naira stability has failed They don't know the country needs trillions invested in production and not a phantom coastal road that will end after lagos border 63 Likes 4 Shares |
Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by Seefinish: 7:21pm On Apr 25 |
Tinubu is working, another dividend of Renewed Hopelessness. 45 Likes |
Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by Pidginwhisper: 7:21pm On Apr 25 |
Bye |
Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by Flame333: 7:21pm On Apr 25 |
One of the irony of things getting better... I was sturned when I saw the news 23 Likes |
Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by EleventhWeirdo: 7:21pm On Apr 25 |
Racoon: Hmm see pain |
Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by Bubu4Sea: 7:21pm On Apr 25 |
Ebola thinks that running a successful drug cartel is the same as running a successful country. There are no national agberos, no national thugs. 51 Likes 2 Shares |
Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by BUDGETBOOSTS: 7:21pm On Apr 25 |
Jaaaa |
Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by id4sho(m): 7:22pm On Apr 25 |
Sapa go finish us 15 Likes 1 Share
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Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by Shellsploit: 7:22pm On Apr 25 |
Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by Pastoshizzy(m): 7:22pm On Apr 25 |
Imperial Leather ❌ Carex ❌ Cusson Baby ✔️ Premier soap✔️ (Premier Cool) Robb ❌ (na 'Aboniki' kill that one that year) Venus ❌ (Pluto ni ) Auction bonanza loading. 15 Likes 3 Shares
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Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by Anatolia: 7:22pm On Apr 25 |
Profits have been eroded by massive inflation. 21 Likes |
Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by PHIPEX(m): 7:23pm On Apr 25 |
APC, the odogwu of economic management. Na you do this one. Nigeria is running in the opposite direction in full speed. Nigeria had vision 2020; to become 20th largest economy by year 2020. In 2015 we were 22nd in the world, APC took over and now we are closer to 40th. When they are done wrecking the economy, the next govt will look for another "Okonjo Iweala" to clean the mess Propaganda does not run the economy nor put food on your table 44 Likes |
Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by edenex: 7:23pm On Apr 25 |
chieveboy: Yea. Those backyard women are employing 1000s and producing world class products 43 Likes 1 Share |
Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by HKAlegacy(m): 7:23pm On Apr 25 |
Nawa |
Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by tuoyoojo(m): 7:23pm On Apr 25 |
Some people would come and blame Senior Man Peter Obi Since our first class accountant climb seat, na different companies just dey close upadan What is happening to the lagos magic that he promised 40 Likes 4 Shares |
Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by bouncin04(m): 7:23pm On Apr 25 |
Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by RevenuesBoost(f): 7:23pm On Apr 25 |
People establish businesses for profit sake. So they should do what will favour their business 2 Likes |
Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by santaclaws: 7:23pm On Apr 25 |
They can leave. Their main reason is reduced sales according to them and Nigeria is just leaving a recession, coupled with our fight against inflation. They're not the only ones who experienced a plunge in sales, a lot of Nigerians were forced to cut down on their expenditure and it affected businesses. This is why the govt must support indigenous businesses cos all these foreign businesses have no real stake in the country. Once they can't maximise profit, they jet out. Only local businesses can bear with the country through hard times, just like BUA cement & Air Peace... 6 Likes 4 Shares |
Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by SensualMan: 7:23pm On Apr 25 |
Lol. Ebi mpiawa azu We don't need his body we only need his brain. He tamed the Atlantic ocean. He boosted a meagre 600 million monthly IGR to 6 billion naira monthly. He is the next best thing after sliced bread. He will handle the economy the hausa man will handle the security. He is our CORNmaster! On his mandate we shall stand! 26 Likes 1 Share
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Re: 140-yr-old PZ Cussons Considers Leaving Africa Over Nigeria’s Sales Plunge by Blaze14k: 7:24pm On Apr 25 |
May God help nigeria. This situation is really affecting everyone I just hope this government don't put us in a deep mess 11 Likes |
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