Unilever Nigeria Sees Profits Double to N22bn in Third Quarter

Unilever Nigeria has reported a sharp rise in earnings for the nine months to the end of September 2025. The company’s net profit after tax jumped to N22 billion, up from N11 billion in the same period last year.

Turnover also grew strongly, climbing 50 per cent to N155 billion compared with N104 billion the year before. This boost came from better sales volumes and smart tweaks to product ranges.

The firm’s head, Tobi Adeniyi, praised the results as proof of solid planning around key brands and tight control on costs. He said the group would keep backing its products, shore up supply lines, and push for growth through higher sales numbers.

As a long-time player in local making goods for over a century, Unilever plans to pour more funds into its sites, forge fair links along the supply chain, and build stronger bonds with buyers in Nigeria.