Unilever Nigeria raises interim dividend fourfold amid slight increase in half-year profit
READ ALSO: Unilever Nigeria Plc appoints new executive director The company, last year, scaled up local sourcing to 60 per cent, its 2025 Sustainability Report said, as it engaged more than 10,000 farmers to bolster its value chain.
Unilever Nigeria chose to go lavish with shareholder rewards at half-year 2026, despite a paltry increase in the net profit for the period, rather than take the long view in reinvesting the bulk of the cash in its business.7 per cent equivalent of post-tax profit, will be allocated to equity investors for an accounting period in which the profit itself only grew by a single digit.
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