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Economic Crisis: Rising joblessness as...

Economic Crisis: Rising joblessness as 16 multinationals...

Economic Crisis: Rising joblessness as 16 multinationals exit Nigeria

Economic Crisis: Rising joblessness as 16 multinationals exit Nigeria As Nigeria battles an economic crisis sparked by the government’s twin policies of petrol subsidy removal and unification of FX windows, United Kingdom-based Diageo joined about 15 other multinational companies that have exited the country in the past three years. Diageo is the latest to announce its departure on Tuesday, June 11, when it said it will sell its 58.02% stake in Guinness Nigeria to Tolaram. Diageo joins others like Kimberly-Clark, manufacturers of Huggies and Kotex brands of diapers; US-based Procter and Gamble...

Economic Crisis: Rising...

Economic Crisis: Rising joblessness as 16 multinationals exit Nigeria As Nigeria battles an economic crisis sparked by the government’s twin policies of petrol subsidy removal...
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