Unilever Nigeria Profit Climbs 20% as Interim Dividend Quadruples

Key Facts

1Unilever Nigeria's net profit rose 20.1% to N26.4 billion for the first nine months of 2026.

2The company raised its interim dividend fourfold to N2 per share.

3Revenue climbed to N184 billion, driven largely by higher sales from the food business.

Unilever Nigeria's net profit rose 20.1% to N26.4 billion for the first nine months of 2026. Premium Times Nigeria reported that the company raised its interim dividend fourfold to N2 per share. Revenue climbed to N184 billion during the period, a growth driven largely by higher sales from the food business segment.

UL closed at $66.23 on October 23, 2026, with the stock trading between a day low of $65.91 and a high of $67.17 during that session. The double-digit profit growth and significant dividend increase follow a period of expanded revenue generation across the company's core operations.