When recalling UAC of Nigeria Plc, one cannot forget it as a legacy company Nigeria’s economy has to offer. In terms of economic advancement, employment opportunities, and innovation on both national and international levels, they boast of over 100 years of experience, and claim to be one of the firsts and big-league players – against the backdrop of reputation, industrial ingenuity, and economic remodeling.
Whether a scanner, student, a layman in the domain of business, or simply an avid reader. There is a sprightly value one can accrue by reading about one of the acclaimed congolmerate in the Western side Africa. In this detailed post, we would show and explain all we can on what operates & subsidiaries does UAC Nigeria Holdings in the present, to understand its evolution in the past.
What is UAC of Nigeria Plc?
UAC stands for United Africa Company of Nigeria, it is the biggest multi-sectoral company privately owned by Nigerian that deals in:
- Animal Feed and Livestock
- Real estate
- Logistics and Warehousing
- Paints and Chemicals
- Food and Beverages
UAC has it’s roots based in the 19th century, where it started out as The United Africa Company – subsidiary of Unilever. Slowly growing, we later shifted to an independent Nigerian company after independence which has now developed into a publicly traded group on the Nigerian Stock Exchange (NGX).
Key Facts About UAC of Nigeria Plc
- Founded: 1879 (as a trading company), restructured in Nigeria post-independence
- Headquarters: Lagos, Nigeria
- Ticker Symbol: UACN (on the Nigerian Exchange)
- Business Type: Public Limited Company
- Website: https://www.uacnplc.com
A Brief History of UAC of Nigeria Plc
UAC of Nigeria Plc has its roots in the Royal Niger Company which was established in 1879. This company merged with other companies over the years to create the current identity of UAC.
The company was officially called UAC of Nigeria Limited in 1943 and later became UAC of Nigeria Plc in 1991, when it was listed on the stock exchange in Nigeria.
UAC has one of the oldest stock histories in Nigeria which makes UAC one of the oldest companies in the Nigerian business environment. The company has grown with the country over the years and so has changed its operation to local and international standards.
UAC Board Of Directors
Khalifa Biobaku
Chairman and Non-Executive Director
Folasope Aiyesimoju
Group Managing Director
Funke Ijaiya-Oladipo
Group Finance Director
Debola Badejo
Group Investment Director
Karl Toriola
Independent Non-Executive Director
Suzanne Iroche
Independent Non-Executive Director
Obi James
Independent Non-Executive Director
UAC Operations and Key Sectors
A highlight of UAC of Nigeria Plc is that it has diversified operations. The company is highly active in many fields which include food processing, real estate and even logistics.
1. Food Products
UAC dominates the food industry in Nigeria and is known to be a high quality food supplier. They are producing the most loved products in the country through their daughter companies such as UAC Foods Limited.
Gala Sausage Rolls
This is a highly popular snack in Nigeria.
Supreme Ice Cream
With plenty of cross competition in the frozen desserts sector, UAC has remained a significant participant in the market with its cream line business.
Funtime Cakes and Snacks
Here we offer different types of confectionery easily accessible.
2. Real Estate
UA through UPDC (UAC Property Development Company) Handles grade A office and retail area managed properties.The company specializes in developing residential estates, commercial buildings, and mixed-use properties. Its real estate projects are some of the country’s most sought-after, contributing to urban development and housing solutions.
3. Paints and Coatings
UAC also has an interest in CAP Plc which is a leading player in paints and coatings for Chemical and Allied Products Plc. Through collaboration with global companies, UAC brings premium paint products to the Nigerian market.*
4. Logistics and Warehousing
In the area of agricultural logistics, UAC supports under the brand name Grand Cereals Limited. The company manages the production and the supply chain of livestock feeds and cereals at the silo level.
5. Packaged Water
UAC subsidiary, Spring Waters Nigeria Limited, produces branded SWAN bottled water, making high-quality drinking water readily available for consumers throughout the country.*
The Impact of UAC on the Nigerian Economy
UAC of Nigeria Plc plays a diverse role in Nation Building. For more than 140 years of existence, the organization has contributed to the economy of Nigeria through:
- Job Creation: Through its subsidiaries and operations, UAC has, directly and indirectly, provided employment to thousands of Nigerians.*
- Agricultural Support: Value addition to the agriculture sector in Nigeria is made possible by UAC’s processes in Grand Cereals and other ventures as they transform raw materials into finished goods.*
- Core Infrastructure Development: The company’s real estate investments have changed the face of cities as they build contemporary residential and commercial properties.*
- SME Development: With its robust supply chains, UAC has created significant opportunities for small and medium-sized enterprises who contract, vend, and distribute through these supplies.
Careers at UAC of Nigeria Plc
Job Opportunities
To apply for jobs at UAC of Nigeria Plc, visit the official career page of UAC of Nigeria Plc below.
Connect With UAC of Nigeria Plc
🌐 Official Website: www.uacnplc.com
📍 Head Office: 1-5 Odunlami St, Lagos Island, Lagos, Nigeria
📞 Phone: +234 1 270 1879 +234 808 878 7030
📧 Email: info@uacnplc.com
FAQs About UAC of Nigeria Plc
What products are made by UAC Foods?
UACN is best known for its food brands like Gala Sausage Rolls, Dulux Paints, and its contributions to real estate and agriculture in Nigeria.
How much are UAC shares in Nigeria?
N32.80 as of 27 May, 2025.
What is the UAC graduate trainee program?
The UAC Foods Graduate Trainee Program is an opportunity for young Nigerian graduates to work with a leading indigenous conglomerate in Nigeria.
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