In 2022FY, United Africa Company of Nigeria (UACN) recorded revenue of NGN109.27bn, representing a growth of 7.79% YoY compared to NGN101.38bn in 2021FY. This performance was largely supported by the increase in the number of corporate stores (Mr. Bigg’s and Debonairs Pizza), an upward review of prices across the Animal Feed products lines – which contributes c.58% to revenue – (oils, concentrates and poultry and fish feeds), and new retail stores in the Paint segment.
