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
-
Oil and Gas1 day agoOil prices fall 2% on hopes for US-Iran conflict easing
-
Stock Market1 day agoNigerian equities market closed on a bullish note, marginal fall in average yield
-
Finance1 day agoCurrency outside Nigerian banking system drops to N4.92trn in June
-
News1 day agoParis Club Refund: ALGON, LGAs urge court to dismiss lawyer’s suit
-
News3 hours agoPwC, EY jointly command an estimated 35.9% of Nigeria’s corporate audit market in 2025`
-
Economy3 hours agoAtiku raises alarm over Nigeria’s N12.62tr debt profile
-
Economy1 day agoS&P Global to buy majority stake in Agusto & Co ratings agency
-
News3 hours agoFlutterwave makes CNBC, Statista’s World’s top fintech companies list