Unilever Nigeria Posts ₦119.9bn Revenue, Declares ₦11.5bn Interim Dividend

Unilever Nigeria Plc has reported revenue of ₦119.9 billion for the first half of 2026, representing a 22% increase from ₦98.1 billion recorded in the corresponding period of 2025. According to the company's unaudited financial results for the six months ended June 30, 2026, gross profit rose by 30% to ₦54.7 billion from ₦42.1 billion in the same period last year, while net profit increased to ₦15.6 billion from ₦14.4 billion. Following the performance, the Board of Directors approved an interim dividend of ₦2.00

Court Confirms FCCPC’s Oversight of Airtime Lending, Excludes Licensing Powers

The Federal High Court in Lagos has ruled that the Federal Competition and Consumer Protection Commission (FCCPC) has the legal authority to regulate consumer protection and competition in Nigeria's airtime and data lending market, estimated to be worth over N400 billion annually. Justice Ambrose Allagoa dismissed a suit filed by the Wireless Application Service Providers Association of Nigeria (WASPAN), which challenged the Commission's Digital, Electronic, Online and Non-Traditional Consumer Lending Regulations

Coca-Cola Refreshes Brand Look To Ensure Consistency Across Global Markets

The Coca-Cola Company has rolled out a new visual identity for its flagship soft drink brand, part of an effort to give the brand a more unified appearance in the more than 200 markets where it is sold around the world. Announced recently, the update leans into design elements the public already associates with the brand rather than starting from a blank slate. Company officials have framed the philosophy behind the project as an attempt to make the brand feel "more Coca-Cola," not less familiar. The rollout

ARCON Announces 2026 Advertising Industry Colloquium On Future Of Advertising

The Advertising Regulatory Council of Nigeria (ARCON) has announced the 2026 edition of its Advertising Industry Colloquium, saying the stakeholder engagement forum is aimed at bridging the gap between academia and industry while promoting dialogue on emerging issues shaping the advertising and marketing communications sector. The announcement was contained in a press statement signed by Prof. Rotimi Olatunji, Chairman, National Planning Committee, Advertising Industry Colloquium and Journal Committee of ARCON.

ARCON Inaugurates Special Recognition Awards Committee To Honour Compliance, Excellence & Outstanding Contributions To Nigeria’s…

The Advertising Regulatory Council of Nigeria (ARCON) has inaugurated a Special Recognition Awards Committee to oversee the planning, coordination, and successful execution of the forthcoming ARCON Special Recognition and Advertising Standards Panel (ASP) Awards Ceremony. The awards program is designed to recognise and reward advertisers, agencies, media organisations, and other industry stakeholders that have demonstrated exemplary compliance with advertising regulations and best practices. It will also

Ogra says Facebook Judgment Strengthens Nigeria’s Regulatory Certainty, Protects Consumers

The Senior Special Assistant to the President on Digital Communications, Engagement and New Media Strategy, O'Tega Ogra, has said the recent Federal High Court judgment involving Facebook Nigeria and the Advertising Regulatory Council of Nigeria (ARCON) strengthens the rule of law and promotes a more stable regulatory environment, rather than weakening consumer protection. In an article published recently titled "The Facebook Nigeria Judgment Is Not a Defeat for Consumers. It Is a Victory for the Rule of Law,"

Nigeria’s Omoniyi Ibietan Re-Elected Secretary-General Of APRA

Nigerian communications expert, Omoniyi Ibietan has been re-elected to a top position at the African Public Relations Association (APRA), the continent's umbrella body for public relations professionals. Dr. Omoniyi Ibietan who is a journalist, writer, scholar, author, strategic communications professional as well as a retired Deputy Director at Nigerian Communications Commission (NCC) where he served as Head of Media Relations, was returned as Secretary-General of the association during its General Assembly held

Wema, Access Banks Win Big At 2026 Euromoney Awards For Excellence

Two Nigerian banks have taken home top honours at the 2026 Euromoney Awards for Excellence, with Wema Bank named Nigeria's Best Digital Bank for Consumers and Access Bank picking up 16 awards across several African markets. Wema Bank, described as the pioneer of Africa's fully digital banking model, received its award in recognition of its digital transformation journey, anchored on its digital banking platform, ALAT, Africa's first fully digital bank. The Euromoney Awards for Excellence, presented annually,

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