Unilever Nigeria PLC

Unilever Nigeria PLC

NNSENG:UNILEVER
109.00
NGN
0.00
(0.00%)
Oct 26Next Earn
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Tobi Adeniyi
Full Time Employees
1,042
Sector
Consumer non-durables
Industry
Household/Personal care
Address
Ikeja Nigeria
IPO Date
Aug 11, 1995
Business
Unilever Nigeria PLC is a Nigeria-based fast-moving consumer goods company engaged in the manufacture, marketing, and distribution of nutrition, beauty, and personal care products. The company operates through three principal business segments: Food Products, Beauty & Wellbeing, and Personal Care. Its Food Products segment manufactures and markets culinary and savoury food solutions, including bouillon seasoning cubes, meal enhancers, and powdered condiments under the Knorr and Royco brands; its Beauty & Wellbeing segment produces and distributes skin creams, moisturizers, petroleum jelly, and baby care toiletries under the Vaseline and Pears brands; and its Personal Care segment offers oral care preparations, toothpastes, toothbrushes, and antiperspirant deodorants under the Closeup, Pepsodent, and Rexona brands. The company supplies consumer markets nationwide across Nigeria through an extensive network of key distributors, modern retail chains, wholesalers, and general trade channels, with selective export operations across West Africa. In recent strategic developments, Unilever Nigeria PLC completed a comprehensive operational restructuring by exiting its capital-intensive Home Care and Skin Cleansing divisions, discontinuing production of legacy laundry powders and soap bars under the OMO, Sunlight, and Lux brands to mitigate foreign exchange volatility, protect operating margins, and refocus investments toward its high-growth core portfolios. The company has additionally expanded local raw and packaging material procurement programs to exceed fifty percent domestic sourcing and repurposed its manufacturing plant infrastructure in Lagos and Ogun State to optimize asset utilization. Founded in 1923 as Lever Brothers (West Africa) and headquartered in Lagos, Nigeria, Unilever Nigeria PLC operates as a subsidiary of Unilever PLC.