Business
PZ Cussons sees lower full-year profit as Africa challenges mount
Cosmetics and soap maker PZ Cussons Plc said on Tuesday it expected a sharp decline in pretax profit for the year ending May, hurt by sluggish demand and challenging conditions in its important Nigerian market. The company said full-year adjusted pretax profit is now expected to be 70 million pounds ($92.1 million), down from 80.1 million pounds a year earlier. PZ Cussons also said adjusted pretax profit for the half year declined 1.5 percent to 32.8 million
-
News19 hours agoCourt orders British Govt. to pay £420m to 21 coal miners killed by colonial masters
-
Maritime19 hours agoNIMASA mulls expansion of deep blue project, calls for continued partnership with Navy
-
Economy19 hours agoBPE, stakeholders unite to rollout $500m free meters, DisCos pledge to lead drive
-
Finance19 hours agoCBN cuts 1-Year Treasury Bill rate, rejects Bids
-
Business19 hours agoMTN to acquire controlling stake in IHS Holdings, eyes full ownership
-
Agriculture19 hours agoOver 2.5m metric tonnes of food valued N2trn produced in 2yrs—FG
-
Oil and Gas19 hours agoDangote refinery backs gantry loading, cautions against costly coastal evacuation
-
News19 hours agoRaham Bello, others launch N20bn endowment fund for alma mater