News

Unilever injects extra £442m into marketing amid ‘digital hubs’ investment

Ihesiulo Grace 13 February 2023 0

By Godwin Anyebe Unilever has confirmed its brand and marketing investment “will grow again in 2023”, after the FMCG giant ramped up spend by €500m (£442m) last year. More than 80% of Unilever’s 2022 marketing spend went directly into media. Media investment as a percentage of turnover

Business

Unilever increases marketing spend by 1.7% to €7.27bn

Ihesiulo Grace 13 March 2020 0

…opens 38 digital hubs, content studios in one year Godwin Anyebe Unilever, an FMCG company has increased its brand and marketing investment (BMI) by 1.7 per cent in 2019 to €7.27billion (£6.33bn), according to its annual financial report – an increase of €122million. The rise in BMI is significant because Unilever, one of the world’s […]

Business

Unilever launches new AI-powered talent marketplace

Ihesiulo Grace 3 July 2019 0

Godwin Anyebe Unilever has announced the introduction of a new internal online talent marketplace, FLEX Experiences, which helps employees push the boundaries of their career by using an AI-powered platform to identify personalised open opportunities across the business, in real-time. Unilever encourages its teams to create capability through lifelong learning, encouraging

Brands and Marketing Business

Unilever reiterates importance of good oral hygiene at Annual General Meeting of Nigerian Dental Association

Ihesiulo Grace 28 August 2017 0

In its continued support to promote good oral hygiene and ensure a cavity free Nigeria, Unilever Nigeria Plc. charged the populace to adopt good oral care practices like brushing twice daily (morning and night) at the Annual General Meeting of the Nigerian Dental Association held from Tuesday 22 – Thursday 24 August 2017 in Asaba, […]

Business

Unilever declares N1.1 billion as first half profit

Ihesiulo Grace 18 July 2016 0

…as O.K. Pinnick resigns from board Unilever Plc has declared a profit after tax of N1.1 billion for the six months ended June 30, 2016 from N85.6 million posted in prior six months, representing a 1,177.9 per cent increase. The unaudited interim financial statements posted on The Nigerian Stock Exchange official website, showed that the […]

Business

Unilever grows profit by 76 percent

Ihesiulo Grace 22 April 2016 0

  …assures shareholders of steady expansion Unilever Nigeria Plc recently released its results for the three month period ended 31 March, 2016 with turnover and Profit after Tax (PAT) of N16.8 billion and N1.04billion respectively. The Company grew its PAT by 76.4 percent from N590.45 million recorded in the same period of 2015 to close […]

Brands and Marketing Business

Unilever Reviews Fiscal Strategy as Profit Slumps 49%

Ihesiulo Grace 14 May 2015 0

Unilever Nigeria on Tuesday said the company’s top line and bottom line dropped due to the devaluation of naira and collapse of crude oil prices. The company’s profit for the year fell 48.9 per cent to N2.42 billion in the review period, from N4.72 billion posted in the corresponding period of 2013. Speaking at the […]

Brands and Marketing Business

Unilever to Increase Investments in Nigeria by N43bn

Ihesiulo Grace 11 May 2015 0

  In its bid to return Unilever Nigeria to profitability, Unilever overseas last week opened an offer to increase its equity stake in Unilever Nigeria from 50.10 per cent to a maximum of 75 per cent which has been approved by the Securities and Exchange Commission and Nigerian Stock Exchange. The offer provides shareholders who […]

Brands and Marketing

Culinary Competition ‘Taste Quest’ Returns

Ihesiulo Grace 30 April 2015 0

Knorr, from the stable of Unilever Nigeria plc is back with another exciting season of its cooking show- Knorr Taste Quest. The show was birthed to reinforce Knorr’s culinary expertise and brings to live the brand’s love for Flavour.  It is a platform for people to showcase their culinary skills, as well as bring to […]

Business

CAP Plc Unveils 2015 Dulux ‘Colour of the Year’

Ihesiulo Grace 1 April 2015 0

Chemical and Allied Products (CAP) Plc, makers of Dulux brand of premium paint,  a subsidiary of UACN Plc group and the technological licensee of Akzo Nobel has named ‘Copper Orange’ as the2015 Colour of the Year. Delivering his keynote address at the unveiling ceremony recently in Lagos, the Group Managing Director, UAC of Nigeria Plc, […]