Tag Archives: Unilever

With about 7 billion people living in the world, natural resources have come under tremendous strain globally. Rising temperatures, water scarcity, double burden of nutrition and increasing gaps between the poor and the rich are some of the challenges facing the world. Some corporate organisations have come to understand that companies must be a part of the solution to these …

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The Unilever Nigeria Plc N58 billion right issue which is targeted at the company existing shareholders ends today Friday September 8, 2017. According to the managing director of the company Yaw Nsarkoh, the proceed of the offer will be used to support working capital as well as re-position the company to exploit value accretive opportunities. He noted that the right …

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Since the last market meltdown in 2008, quoted companies had been reluctant to approach the capital market for funds that can aid their business growth, due to apathy on the part of shareholders that were affected negatively during and after the last global financial crisis. For Unilever Nigeria Plc, the ongoing N58 billion right issue have started to rekindle investors’ …

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Obi of Onitsha, HRM. Igwe Nnaemeka Alfred Ugochukwu Achebe Unilever Nigeria Plc on Thursday received shareholders’ approval to raise N63 billion, the board of directors of the company got the go ahead at the company 92nd Annual General Meeting in Lagos. The capital raising which is still subject to relevant regulatory authorities’ approval, according to the board is going to …

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Dutch-British consumer products giant Unilever on Thursday announced the surprise sale of its underperforming margarine division, seeking to soothe investor jitters after spurning a takeover bid by US rival Kraft Heinz. The Rotterdam-based group said it is also planning to boost dividends in 2017 by 12 percent and will launch a shares buy-back of some five billion euros ($5.3 billion) …

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Unilever Nigeria Plc says it remains committed to sustainable growth and resilience, even under the current depressed economic conditions. The firm, which recently released its audited results for the year ended December 31, 2016, posted a N69 billion turnover, with a leap in profit after tax from its 2015 position of N1.19 billion to close the year with PAT of …

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Unilever Nigeria Plc. recently released its audited results for the year ended 31 st December 2016 posting N69bn turnover. The Company recorded a significant leap in PAT from its 2015 position of N1.19bn to close the year with PAT of N3.07bn. The Company’s results for the year ended 31 st December 2016 shows sustained growth and resilience even under depressed …

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