Unilever Nigeria reported a landmark financial performance for the year ended 31 December 2025.
In a comprehensive audited report submitted to the Nigerian Exchange Group on Monday, the consumer goods giant revealed a turnover of N214bn, representing a 43 per cent rise from the N150 billion recorded in the previous year.
This revenue growth was accompanied by an even more significant leap in profitability, with gross profit rising 62 per cent to N90bn and net profit doubling from N15bn in 2024 to N32bn in 2025.
“Our strong full-year performance reflects a business that is sharper, faster, and built to win,” stated the Managing Director, Tobi Adeniyi, while addressing the results.
He further explained that “this momentum stems from focusing our resources on our power brands such as Knorr, Vaseline, Close Up, Pepsodent, and Rexona.”
According to the Managing Director, these iconic brands continue to anchor the company’s growth and benefit from structural tailwinds across the categories in which they operate.
He emphasised that “our disciplined approach reinforces Unilever’s collective intent to build a simpler, sharper organisation with a future-ready portfolio and brands that drive desirability at scale.”
Beyond the top-line figures, the leadership highlighted a fundamental shift in the company’s internal efficiency and consumer-centric approach.
“We have revamped our operations by embedding clarity, accountability and speed into the heart of our operations,” Adeniyi noted, adding that the firm is now better positioned to innovate and serve the millions of Nigerian households who use their products daily.
He concluded by affirming that “we have strengthened our ‘play to win’ culture, where excellence in innovation and execution is non-negotiable”, while reiterating a commitment to a culture of discipline that relentlessly improves cost structures and elevates the overall consumer experience. With a manufacturing heritage spanning over a century in Nigeria, the company continues to leverage its global scale as a leading supplier of personal care and food products to maintain its local market leadership.
