Unilever Faces Tough Quarter Amidst Inflation, Escalating Costs

Unilever Nigeria Plc, one of the leading consumer goods companies in the country, has reported a challenging second quarter in 2023, marked by an operating loss of N3.2 billion. This significant loss was attributed to escalating costs that outpaced revenues during the period under review. The company’s financial performance was greatly impacted by the 22.79% … Continue reading Unilever Faces Tough Quarter Amidst Inflation, Escalating Costs