The Chairman of Unilever Nigeria PLC, Bolaji Balogun, has identified operational resilience as the primary factor behind the company's growth in the 2025 financial year. This announcement followed the shareholders' approval of dividends at the company’s Annual General Meeting (AGM) held in Lagos.

During the AGM, Balogun informed shareholders that each would receive a final dividend of N3.25k per share. This is in addition to the N50k per share interim dividend distributed earlier in the year, making the total dividend payout per share for the 2025 financial year N3.75k.

Financial results for the year show a significant increase in turnover, reaching N214.30 billion, a substantial rise from the N149.52 billion reported for the same period in 2024. The profit for the year also saw more than a twofold increase, growing to N32.20 billion from N15.14 billion in 2024.

Balogun highlighted that these results were achieved through capacity-expansion investments across various categories, aligning with the company's long-term objectives. He described the dividend payment as a testament to the company’s commitment to rewarding its shareholders, while reinforcing its long-term strategy of continuous investment in growth and supporting resources.

The Managing Director of Unilever Nigeria PLC, Tobi Adeniyi, commented on the company’s performance, attributing its success to the consistent daily execution of operations and the strategic leverage of its power brands for market differentiation.

“This performance was driven by a strategic focus on high-growth categories and power brands, supported by sharper choices, simplified ways of working, and a stronger innovation pipeline,” Adeniyi added.