- In a major shift in its business model, Unilever will stop manufacturing some popular products, including Omo and Lux
- The company believes that the proposed change will drive its profitability and help it navigate weak naira challenge
- Unilever PLC has been in operation in Nigeria for more than 100 years and is one of the most valuable companies on the Nigerian stock exchange
Unilever Nigeria Plc, one of the leading consumer goods companies, has announced that it will stop manufacturing some of its popular products, including Omo and Lux.
The manufacturer says it will exit two categories, Home Care and Skin Cleansing, which will affect the aforementioned brands.