News
Unilever Nigeria stops production, sale of Omo, others
Unilever Nigeria Plc says it has stopped the production and sale of home care and skin cleansing products. This is coming about 10 months after it announced plans to exit both markets.
The company disclosed this in its unaudited interim financial statements for the year ended December 31, 2023, sent to the Nigerian Exchange Limited (NGX) weekend.
In another statement, the company disclosed that it has appointed an interim Board Chairman for Unilever Nigeria Plc.
This was contained in a letter sent to the NGX and obtained by Vanguard by Mrs Afolasade Olowe, Senior Counsel and Company Secretary, Unilever Nigeria.
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It stated: “Mr Michael Ikpoki has been appointed as interim chairman of the Board of Unilever Nigeria Plc, pending the appointment of the substantive chairman of the Board.
“Ikpoki replaces His Majesty, Nnaemeka A. Achebe, Obi of Onitsha, who retired from the Board effective 31st December 2023.”
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