Fleeing Western Multinationals Replaced By Asian, Turkish Firms In Nigeria
LAGOS JUNE 20TH (NEWSRANGERS)-As US and Europe-based multinationals exit Nigeria, Asian and local companies are stepping in to fill the void. Last week, London-based Diageo Plc sold its controlling stake in Guinness Nigeria Plc to Singapore’s Tolaram Group Inc. The Fouani Group, a local firm, operates a diaper and sanitary pad plant in a complex…