TIMELINE: P&G's troubled operations in Nigeria
The company’s chief financial officer (CFO), Andre Schulten, said it is pretty difficult for his company, as a U.S. dollar-denominated...
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The company’s chief financial officer (CFO), Andre Schulten, said it is pretty difficult for his company, as a U.S. dollar-denominated...
Minister of Trade and Investment, Otunba Adeniyi Adebayo and Twitter CEO, Jack Dorsey By Sun Apr 18 2021 The recent decision of social media giant, Twitter, to set up its Africa office in Accra, Ghana, has reopened talks on how Nigeria increasingly lose similar opportunity even as more companies relocate to the Ghanian capital. Daily Trust on Sunday reports on the trend and how it can be reversed. Ghana, and not Nigeria, has become the preferred destination for international firms hoping to invest and set up offices in Africa, findings have revealed. Few days after micro-blogging site T...
EXCLUSIVE: P&G lays off more workers but firm says not exiting Nigeria The firm has struggled lately in the fast-moving consumer goods market it previously dominated for decades, as it faces higher cost. 4 min read Procter and Gamble Nigeria, the local subsidiary of the American consumer goods maker, has laid off another batch of workers, and has significantly scaled down its operations in the country, indicating its troubled Nigeria operation and uncertain future there, but the firm says it does not plan to leave. The firm has struggled in recent years to have a hold in the f...