Unilever Nigeria Reports N32 Billion Profit Surge

Unilever Nigeria (NGX: UNILEVER) announced a significant profit increase to N32 billion for the fiscal year ending December 31, 2025, as detailed in a comprehensive audit report submitted to the Nigerian Exchange Group (NGX: NGXGROUP). The company's turnover reached N214 billion, marking a 43% rise from the N150 billion recorded in the previous year.

Gross profit also saw a substantial increase of 62%, amounting to N90 billion, while net profit doubled from N15 billion in 2024. Tobi Adeniyi, the Managing Director, attributed this strong performance to a focused resource allocation on key brands such as Knorr, Vaseline, and Rexona.

The company is committed to a disciplined approach to improve its cost structure and enhance consumer experience, leveraging its global scale while maintaining local market leadership. Adeniyi emphasized the importance of a consumer-centric strategy and operational clarity to ensure Unilever Nigeria's readiness for future challenges.