Unilever Nigeria Reports N119.9bn Revenue in H1 2026

Unilever Nigeria Plc released its unaudited financial statement for the six-month period ending 30 June 2026, reporting a turnover of N119.9 billion, which represents a 22% growth compared to N98.1 billion in the same period of 2025. The gross profit increased by 30% to N54.7 billion from N42.1 billion year-on-year.

The company achieved a net profit of N15.6 billion for the period, up from N14.4 billion in the corresponding period of 2025. An interim dividend of N2.00 per 50 kobo ordinary share was approved, amounting to N11.5 billion, payable to shareholders as of 31 July 2026.

Tobi Adeniyi, the Managing Director, stated that the company navigated a challenging environment marked by geopolitical volatility and rising costs while focusing on consumer service and operational excellence. Looking forward, he emphasized the commitment to sustainable growth and delivering value to stakeholders.