Tag Archives: Unilever Nigeria

Unilever Nigeria Plc released its Audited financial results for the year ended 31st December, 2025, reporting a turnover of N214 billion which represents 43% increase from N150 billion turnover recorded in the corresponding period of 2024. 

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Despite a challenging operating environment, Unilever Nigeria's topline growth has remained strong, driven primarily by its food products segment.

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Following continued dwindling in its fortune, Shareholders of Unilever Nigeria Plc has expressed concern over the poor performance of the multi-national company, which had led to losses as shown in its key indicators for the period ended December 31, 2020.

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The board of directors of Unilever Nigeria Plc has restated their commitments towards growing value for its existing and prospective shareholders, despite the challenging trade conditions and the company’s decision in third quarter of 2019 to prioritize tightening of credit terms and minimize exposure on trade receivable.

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Shareholders of Fast Moving Consumer Goods (FMCG) Unilever Nigeria Plc, on Thursday May 9, 2019, approved a dividend of N1.50 kobo that was proposed by the board of directors for the financial year ended December 31, 2018.

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Unilever Nigeria Plc has announced a 30.09 per cent rise in its revenue for the year ended December 31, 2017, from N69,777 billion in 2016 to N90,771 billion in 2017. According to the company’s result posted on the Nigerian Stock Exchange website, the board of directors has recommend N2,872 billion to shareholders as dividend amounting to 50 kobo per share. …

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Unilever Nigeria Plc has appointed a new Non-Executive Director, Mr. Chika Nwobi to the board of the company. According to the company’s legal Director & Company Mrs. A. Ademola his appointment takes effect from 1 January, 2018. Chika Nwobi is founder of Level 5 Lab (L5Lab)– a venture development firm that has incubated several successful African tech companies including Jobberman.com …

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The board and management of Unilever Nigeria Plc, has disclosed that the company would deploy the proceed of the ongoing N58 billion right issue which will end by September 8, 2017,  to support its working capital as well as re-position the company to exploit value accretive opportunities. Addressing stockbroking community and financial journalist on the floor of Nigerian Stock Exchange (NSE) …

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