Unilever Nigeria Posts N26.4 Billion Profit as Margins Defy Inflation Headwinds

Unilever Nigeria recorded a 20 percent surge in net profit to N26.4 billion for the first nine months of the year, driven by resilient consumer demand and improved operational margins. Revenue reached N184 billion despite mounting pressure on household spending, prompting the FMCG giant to declare an N11.5 billion dividend for shareholders.