Unilever Nigeria Reports 50% Revenue Surge, Doubles Profit to N22bn in Nine Months

Unilever Nigeria Plc has recorded a robust financial performance for the nine months ended September 30, 2025, posting a turnover of ₦155 billion, representing a 50 per cent increase from the ₦104 billion recorded in the same period of 2024.

The company’s gross profit climbed by 49 per cent to ₦64 billion, while net profit after tax doubled to ₦22 billion, compared to ₦11 billion in the corresponding period last year.

Commenting on the results, Managing Director, Tobi Adeniyi, credited the impressive performance to Unilever Nigeria’s strategic focus on its core brands, product mix optimisation, and disciplined cost management.

> “Our Q3 performance reflects the strength of our focus on power brands, strategic product mix optimisation, and disciplined cost control,” Adeniyi said. “We remain committed to sustaining brand investment, strengthening supply chain resilience, and driving volume-led growth through our diverse portfolio.”

He reaffirmed the company’s long-term commitment to local manufacturing and partnerships that support Nigeria’s industrial ecosystem.

> “As a cornerstone of Nigerian manufacturing for over a century, we continue to invest locally, expand our operations, build equitable partnerships across our value chain, and deepen trust with Nigerian consumers,” Adeniyi added.

The results highlight Unilever Nigeria’s ability to deliver consistent growth in both revenue and profit while maintaining strategic investments in its brands, operations, and local value creation.