Unilever Nigeria nine-month profit up 20%, interim dividend quadrupled

Unilever Nigeria reported a 20% increase in nine-month profit and raised its interim dividend fourfold, signaling strong domestic demand and improved margins. The company generated 98% of revenue from domestic sales, underscoring resilience in Nigeria's consumer market despite macroeconomic headwinds. The dividend hike suggests confidence in sustained cash flow, though the broader impact is limited to the company's stock and Nigerian consumer sector.

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