2023 In Review : The Year of Multinational Manufacturers’ Exit From Nigeria

In Summary▪︎On March 17, 2023, Unilever Nigeria, the local unit of British multinational consumer goods company Unilever Plc, announced it would fold up the production of its homecare and skin-cleansing brands ( Omo, Sunlight and Lux)in Nigeria. “The production for home care category ceased in June 2023, and sales ceased in September 2023. ▪︎ On…

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