After several months of waiting, the unlocked LG G5 here in the United States is finally receiving its Android Nougat update. The update comes months after many other unlocked variants in other countries received the update. Canadian LG G5 users for example, received the update back in December. Locked variants of the phone on AT&T received the update in February.
The update is a big one at over 1.3GB so Wi-Fi is a must to download it and you can expect the install time after the download to take about 10 minutes.