Unilever Nigeria Reports Growth Driven by Resilience

Bolaji Balogun, Chairman of Unilever Nigeria Plc, attributed the company's growth for the 2025 financial year to operational resilience. This statement was made during the company's Annual General Meeting (AGM) held in Lagos, where it was announced that shareholders would receive a final dividend of N3.25 per share, in addition to an interim dividend of N0.50 per share received earlier in the year, totaling N3.75 per share for the financial year.

The financial results indicated that Unilever Nigeria achieved a turnover of N214.30 billion, a significant increase from N149.52 billion in the previous reporting period. The profit for the year grew twofold to reach N32.20 billion, compared to N15.14 billion in 2024.

Tobi Adeniyi, the Managing Director, described the company's remarkable performance as a result of daily operational execution and leveraging its power brands. Financial Director Ibrahim Sodip noted that the company's performance over the past five years has consistently led to volume growth driven by innovation and operational efficiency, resulting in improved shareholder returns.