This information was made known by Unilever Nigeria’s Secretary, Abidemi Ademola, who made the revelation in a corporate notice to the Nigerian Exchange Limited and signed.
Unilever Nigeria recently announced its exit from the home care and skin cleansing markets in Nigeria to find a more sustainable and profitable business model.
The company also stated that it anticipated that its withdrawal from these two categories over 2023 will lead to an overall increase in profitability, business growth, and sustainability.