Unilever Nigeria has fixed its remuneration to the Non-executive Directors of the company in 2021 at N62 million.
Heavy sell-off in the shares of PZ Cussons and Unilever Nigeria Plc triggered a decline in their share prices today.
Unilever wants to split its Tea business as a separate entity.
Unilever has announced the appointment of Mr Michael Ikpoki as an Independent non-Executive Director of Unilever Nigeria Plc.
The Unaudited interim report also indicates that the Company recorded Turnover of N61.6bn for the year ended 31st December 2020.
Unilever declares a N1.59 billion loss in 2020, 62.3% lower than 2019 figures.
Over 27 million shares of Unilever Nigeria Plc has been acquired by Unilever Overseas Holdings.
Unilever PLC has announced the completion of the unification of its Group legal structure
Unilever Nigeria Plc has announced the appointment of Mr. Jaime Aguilera as a Non-Executive Director.
9 months into the change of management, Unilever Nigeria Plc's performance in Nigeria has been largely underwhelming.