Unilever Nigeria

As the processes for the 2023 general elections gather momentum, and flagbearers of parties emerge, the blossoming Nigeria's capital market may be hard hit over a possible change of government and increasing insecurity in the country.…

The appetite of investors on Monday switched their attention towards the insurance sector, pushing Mansard Insurance to top activity with a sale of 90.181 million valued at N91.082 million. The days trading featured no bank in the top…

Unilever Nigeria built up another loss of N1.5 billion in the third quarter, on the N1.6 billion it posted for the second quarter operations. The losses for the two quarters have wiped off the company’s profit of over N1 billion in the…

Unilever Nigeria has opened one of the first shots of a stream of earnings disappointments expected to mark company operations generally in the second quarter of this year. The second quarter is expected to reflect the full impact of…

Unilever Nigeria has raised hopes of rising from the plunge at which it closed trading in 2019. It had plunged from a peak profit of N10.5 billion in 2018 into a loss of over N4 billion in the year. The conglomerate resurfaced in the first…

OMOTAYO ARAOYE Unilever Nigeria, Monday announced that it recorded a 46 percent increase in revenue in Q1 2020, rebounding from the 31 percent drop in the corresponding period last year. The company's unaudited financial statement shows…

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…

Unilever Nigeria’s operating pressure took a new turn in the third quarter when input cost exceeded sales revenue. That produced a gross loss of N1.7 billion from which the company built a net loss of over N3 billion for the three months of…

Unilever Nigeria’s 58.85 billion-naira ($187 million) rights issue was 120 percent subscribed, the company said on Wednesday. The local subsidiary of Anglo-Dutch consumer goods group Unilever , said in a statement it sold 14 new new shares…