Not compliant
Unilever Nigeria does not pass Shariah screening under the AAOIFI Standard.
NGX: UNILEVER · Consumer goods · Screened 3 Sept 2026 · H1 2026 accounts
Unilever Nigeria Plc manufactures and distributes food, home care and personal care products in Nigeria, organised around Foods, Beauty and Wellbeing, and Personal Care. Its reported segments are Food Products, covering tea and savoury products, and Home and Personal Care, covering fabric care, household cleaning, skin care and oral care. Food brands include Lipton and Glen teas, Royco broths, and Knorr seasonings and sauces. Home and personal care brands include OMO Multiactive and Sunlight washing powders, Close-Up and Pepsodent toothpastes, Vaseline and Pears body creams, lotions and hair oil, and Lux and LifeBuoy soap bars. Manufacturing is carried out at Oregun in Lagos State and Agbara in Ogun State. The parent company is Unilever Overseas Holdings B.V., which holds 75.97% of share capital. The company has over 100 years of manufacturing heritage in Nigeria, having been incorporated in 1923 and formerly known as Lever Brothers (West Africa) Ltd. before changing its name to Unilever Nigeria Plc in 2001. It is headquartered in Lagos and employed 498 people as at 31 December 2025.
In 2023, the company separated its home care business as part of a strategy to focus on more profitable products. The strategy has paid off: for FY2025, revenue rose 43.3% to N214.3 billion from N149.5 billion in 2024, with profit after tax up 112.6% to N32.1 billion. By segment, Foods led with N127.8 billion, followed by Personal Care at N60.08 billion, and Beauty & Wellbeing at N26.3 billion, growing 103.6% year-on-year. The board declared a final dividend of N3.25 per share, totaling N18.6 billion. The company sustained its growth momentum into Q1 2026, with revenue rising 26% to N59.17 billion and profit after tax up 26.4% to N7.02 billion.
Two reported segments: Food Products, and Home and Personal Care.
No. As of 3 September 2026, Unilever Nigeria (UNILEVER) does not pass Shariah screening under the AAOIFI Standard.
Qistal re-screens every NGX ticker when new audited or interim accounts are filed. This page always shows the date of the most recent screen.
Yes. Compliance drifts as a company borrows, raises cash, or changes its business mix, so a verdict describes a moment rather than a permanent status.