The PZ Cussons Plc logo sits on the exterior of their Agecroft factory near Manchester, U.K., on Tuesday, Sept. 13, 2016. Through its subsidiaries, PZ Cussons manufactures soaps, detergents, toiletries, pharmaceuticals, refrigerators, and air conditioners. Photographer: Matthew Lloyd/Bloomberg

PZ Cussons denies pulling out of Nigeria

Leading homecare product maker, PZ Cussons Nigeria Plc, has denied reports that it is pulling out of Nigeria. A report had emerged on an online platform, Nairaland, on Wednesday, titled, “PZ pulls out from Nigeria.” The story, however, lacked body and only one line saying, “details later…” followed the title. In its response, PZ Cussons […]

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PZ Cussons renews deal with Omoni Oboli as brand ambassador

PZ Cussons has announced the renewal of its partnership deal with Nollywood Icon, Omoni Oboli as the Brand Ambassador of its Nunu milk brand for the third consecutive year. It made the announcement at the official signing ceremony, which held at the company’s headquarters in Lagos. Speaking on the development, PZ Cussons Managing Director Commercial, […]

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The PZ Cussons Plc logo sits on the exterior of their Agecroft factory near Manchester, U.K., on Tuesday, Sept. 13, 2016. Through its subsidiaries, PZ Cussons manufactures soaps, detergents, toiletries, pharmaceuticals, refrigerators, and air conditioners. Photographer: Matthew Lloyd/Bloomberg

PZ Cussons warns of lower HY operating profit, shares fall

Soap and shampoo maker PZ Cussons said firsthalf operating profit was expected to fall 10 per cent as reduced margins in its European and African businesses weighed on profitability. The company, which sells brands such as Carex and Five:Am., said the performance in these two regions were expected to improve in the second half with […]

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The PZ Cussons Plc logo sits on the exterior of their Agecroft factory near Manchester, U.K., on Tuesday, Sept. 13, 2016. Through its subsidiaries, PZ Cussons manufactures soaps, detergents, toiletries, pharmaceuticals, refrigerators, and air conditioners. Photographer: Matthew Lloyd/Bloomberg

PZ Cussons gets ISO certification

PZ Cussons Nigeria Plc has been awarded an ISO 9001:2015 certification by Standards Organisation of Nigeria. The Chairman, PZ Cussons Nigeria, Mr. Kola Jamodu, said during the presentation of the certificate to the company in Lagos that the firm was fully committed to manufacturing products that would exceed consumers’ expectations. “This occasion is especially meaningful, […]

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PZ Cussons director for award

PZ CUSSONS Nigeria PLC Corporate Affairs & Administration Director Mrs Yomi Ifaturoti will receive the Lifetime Achievement Award at the MarketingWorld Awards tomorrow. Scheduled to hold at the Lagos Oriental Hotel, Lekki, the Country Manager for Google, Mrs Juliet Ehimuan, is the keynote speaker. In a statement released by InstinctWave, the sixth edition will display […]

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We buy dollar at N320, says PZ Cussons

PZ Cussons Plc says it is paying as much as 70 per cent more than the official rate for dollars as the Central Bank of Nigeria trading restrictions reduce availability of foreign currency in Africa’s biggest economy. “Whilst the official naira exchange rate continues to be stable, a lack of availability at that rate is […]

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PZ Cussons Heads For Another Profit Drop

Profit loss suffered by consumer goods company, PZ Cussons Plc, for the second year at the end of its 2015 financial year ended May, may continue at the end of the current financial year ending May 2016. This is because the company lost one-third of the after tax profit on year-on-year basis at the end […]

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