Unilever Nigeria Plc has credited its strong performance in the 2025 financial year to operational resilience and strategic investments that helped the company grow despite economic challenges.
The company made this known during its Annual General Meeting (AGM) held in Lagos on Friday, May 15, 2026, where shareholders approved the payment of dividends for the financial year.
Chairman of the company, Bolaji Balogun, announced that shareholders would receive a final dividend of N3.25 per share. This comes in addition to the interim dividend of 50 kobo per share already paid earlier in the year.
With both payments combined, the total dividend for the 2025 financial year stands at N3.75 per share, reflecting the company’s commitment to rewarding investors.
The company also posted impressive financial results for the year. According to its report, turnover rose significantly to N214.30 billion, compared to N149.52 billion recorded in 2024.
Profit after tax also recorded major growth, more than doubling from N15.14 billion in 2024 to N32.20 billion in 2025.
Balogun explained that the strong results were largely driven by investments aimed at expanding production capacity across different product categories. He said the company remained focused on long-term growth and sustainable investments that would continue to strengthen its operations in Nigeria.
He described the dividend payment as part of Unilever Nigeria’s policy of consistently rewarding shareholders while also investing in the future of the business.
The Managing Director of the company, Tobi Adeniyi, also spoke on the company’s success. According to him, the strong financial performance was achieved through disciplined daily operations and the company’s focus on its leading brands.
Adeniyi stated that Unilever Nigeria concentrated on fast-growing product categories and introduced smarter business strategies to stay competitive in the market.
He added that the company improved its operations by simplifying processes, making better business decisions, and strengthening innovation across its product lines.
The Finance Director, Ibrahim Sodipe, noted that the company had maintained steady growth over the past five years.
According to him, innovation and operational efficiency helped increase product sales and improve returns for shareholders. He added that the company’s consistent performance had created long-term value for investors.
Some shareholders at the meeting also expressed satisfaction with the company’s progress.
One of the shareholders, Kolawole Durojaiye, praised the management team for maintaining discipline in running the company’s operations.
He said the management’s efforts had resulted in stronger revenue growth, higher profits, and improved dividend payments to shareholders.
The company’s latest performance highlights the growing strength of major consumer goods firms in Nigeria as businesses continue to adapt to economic pressures through innovation, investment, and operational efficiency.
