The LG V10 is the predecessor of LG V20 and the upcoming LG V30. The update is arriving on the LG V10 handsets with the build number H90130b. It is an OTA update and will take some time to reach your device.
For those not in the know, Android 7.0 Nougat brings quick app switching (double tap the recent key to go to the last app), split screen mode, revamped notification shade which bundles similar notifications together, clear recent apps button (present at top), a new row of quick settings, easier settings navigation thanks to navigation menu present under hamburger icon and suggested settings.
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It is advisable to connect to a good Wi-Fi network before downloading the update and keep your handset charged as high as 50 percent while installing the update.
If you haven’t received the update yet, you can check for it manually via the device settings. Go to Settings – About – Software updates.