Unilever Nigeria Plc

Unilever Nigeria Plc followed an unexpected path to overturn its fortunes from a net loss of over N1 billion in the third quarter to a N6.9 billion profit in the final quarter. That was enough for the company to make good the results of…

Rising production cost outmatched growth in sales revenue for Unilever Nigeria Plc by close to two and half times, which dried up profit in the second quarter. Input cost grew by about N11 billion in the quarter or 67 percent to over N27…

Unilever Nigeria Plc is back in the red with a loss of N2.3 billion in the third quarter that ended September 2022. The company only returned to a profit of N3.6 billion in 2021 from two years of losses - N7.6 billion in 2019 and N4.5…

Sunlight, a leading household brand from Unilever Nigeria Plc, has unveiled a new, refreshed and exciting packaging for its range of products as a Masterbrand. The brand has also launched a new television commercial deeply rooted in its…

Unilever Nigeria’s operating profit of N963 million in the second quarter was consumed by net finance cost of N335 million and income tax of N518 million, leaving N110 million for shareholders. With that, the company lost the room for…

Unilever Nigeria Plc has announced the appointment of Mr. Jaime Aguilera as a Non-Executive Director into its board, with effect from January 1, 2021. The new appointment was made known on Friday in Lagos in a statement by Unilever's…

Unilever Nigeria plunged from its peak profit record of N10.5 billion in 2018 into a loss of over N4 billion in 2019. This was our expectation for the company at the end of the third quarter that “the full-year outlook for the conglomerate…

Umoru Abdulkadir Unilever Nigeria Plc Thursday announced the appointment of Carl Raymond Cruz as its new Managing Director. In a statement by the Company’s Secretary, Unilever Nigeria, Abidemi Ademola said the appointment which was…

Six companies will construct 19 federal roads covering 794.4km under the new Executive Order 007 signed by President Muhammadu Buhari on Friday. The Minister of Finance, Zainab Ahmed, listed the roads at the signing ceremony inside the…

By ADEBISI ADEMOLA Unilever Nigeria Plc has reported 56 per cent increase in profit for the half year ended June 30, 2018 (H1) unaudited financial statement submitted to the Nigerian Stock Exchange (NSE) on Friday. The household company…