issues

Unilever undertakes N58.9BN rights issue

Unilever undertakes N58.9BN rights issue

Following shareholder approval received in May, Unilever Nigeria Plc has now received clearance of the issue documents from the Securities and Exchange Commission and the Nigerian Stock Exchange (“The NSE”) in respect of the Rights Issue. The transaction is part of the Company’s strategy to drive sustained and steady growth despite economic headwinds.