BUA Foods Plc, the Lagos-based food giant controlled by Nigerian billionaire Abdul Samad Rabiu, capped its 2025 financial year with a sharp jump in earnings, reinforcing its position as one of Africas most profitable food manufacturers at a time when many producers are still grappling with inflation and currency pressure.
The company reported a profit of N507.7 billion 366.6 million for the nine months ended Dec. 31, 2025, according to its financial statement. That marked a significant increase from N266 billion 192.7 million recorded in the same period a year earlier. The improvement was supported by stronger sales across key product lines, including sugar, pasta and rice, alongside tighter control of production and distribution costs in a challenging operating environment.
Nigeria staples lift sales across categories
