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Business News of Saturday, 28 March 2020

Source: www.mynigeria.com

PZ Cussons extend closed period, blame it on COVID-19

PZ Cussons PZ Cussons

PZ Cussons has extended its closed period to April 30th 2020.

In a notice filed to the Nigerian Stock Exchange, it blamed the COVID-19 pandemic as the reason for its latest line of action.

Also, it told the investing public that the 3rd quarter unaudited financial statement of the company would not be submitted on March 30th, 2020 due to logistics reasons occasioned by the coronavirus.

Just recently, the consumer goods manufacturer changed its leadership.

Panagiotis Katsis replaced Christos Giannopoulos as the Chief Executive Officer of PZ Cussons Nigeria Plc.

Katsis appointment as CEO will be effective July 1st 2020.