Unilever Nigeria

Business

Unilever Nigeria: H1 Profit Surge Masks Deeper Corporate Weakness

Sam Diala, THEWILL -
Unilever Nigeria Plc reported revenue of N119.92 billion for the six months ended June 30, 2026, up 22.2 percent from N98.10 billion in the corresponding period of 2025. Gross profit rose 30 percent to N54.74 billion, while operating profit increased 29.5 percent to N24.36 billion.
Business

Unilever Outperforms as Cadbury, Nestlé Face Margin Strain in Q1 2026

Ogochukwu Onwaeze, THEWILL -
May 25 (THEWILL) — Unilever Nigeria Plc led the Nigerian Fast-Moving Consumer Goods (FMCG) pack in Q1 2026, as Nestlé Nigeria Plc and Cadbury Nigeria Plc reported varying degrees of margin pressure amid sustained cost inflation. The three NGX-listed stocks...
Business

Unilever Nigeria Approves N18.67bn Dividend as Profit More Than Doubles in 2025

Ogochukwu Onwaeze, THEWILL -
May 12, (THEWILL) — Unilever Nigeria Plc has approved the payment of N18.67 billion as dividend to shareholders for the 2025 financial year following resolutions passed at its Annual General Meeting (AGM) held on May 8, 2026, in...
Business

Unilever Exits Home Care Brands Amid Tough Environment – Omo, Sunlight, Lux Major Casualties

Sam Diala, THEWILL -
April 11, (THEWILL) - Unilever Nigeria Plc says it is stopping the production of its popular home care brands as it struggles to sustain its operations in Nigeria’s tough operating environment. The products affected include the legendary OMO, Sunlight and...
Business

Unilever Profits Nosedive

Aina Ojonugwa, THEWILL -
July 22, (THEWILL) - The British consumer goods group, Unilever, on Thursday posted a drop in first half net profit due to rising costs. Profit after tax dropped 5 percent to 3.12 billion euros ($3.68 billion) in the first six...
Business

Unilever Declares N19.4bn Turnover In Q1 2021, Nets N4.5b Profit

Aina Ojonugwa, THEWILL -
BEVERLY HILLS, April 21, (THEWILL) - Unilever Nigeria Plc has recorded a turnover of N19.4 bn in the first quarter of 2021. This represents 46% growth compared to N13.3bn recorded in the corresponding quarter of 2020. The company, in its...
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Nestlé, NBA Announce Multi-year International Marketing Partnership

As part of the collaboration, Nestlé and the NBA will build on a shared commitment to youth participation in sport by creating more opportunities for young people and families to engage with basketball. This will include activations across select NBA youth basketball development programs and platforms.
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