Unilever Nigeria, a manufacturing consumer goods firm, has seen a continuous trend in its increased costs of sales driven by inflation that has caused prices of raw materials to skyrocket.
The firm’s cost of sales surged to N94.03 billion in 2024 from N72.01 billion in 2023 while in Q4, cost in
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
