Bolden African News · Friday 23 October 2026
Unilever Nigeria lifts nine-month revenue 18% to ₦184 billion and declares interim dividend
Unilever Nigeria reported revenue of ₦184.0 billion for the nine months to 30 September 2026, up 18%, and net profit of ₦26.4 billion, up 20%. Gross profit rose 34% to ₦85.5 billion. The board declared an interim dividend of ₦2 per share, totalling ₦11.5 billion. Managing Director Tobi Adeniyi noted weaker consumer demand in the third quarter.
Why it matters
The results show a multinational consumer goods group growing revenue and margins in Nigeria while household incomes remain constrained.
Sources: Nairametrics, Daba Finance, Brand Spur · 23 October 2026