UAC 2023

2023 BSM Index

TOP 50 BRANDS NIGERIA® 2023

 
#32UAC of Nigeria Plc.
BSM Index56
 YoY+4
CEO Oluyemi Oloyede
Year Founded (in Nigeria) 1931
Websitewww.uacnplc.com
Head Office

UAC House
1-5, Odunlami Street
Marina
Lagos

NationalityNG
Customer Base–
 Number of Branches –
 Annual Turnover–
Employees1,486
 Marketing Budget –

United Africa Company of Nigeria (UACN Plc):

Nurturing Sustainable Growth and Market Leadership

 

The United Africa Company of Nigeria (UACN Plc) stands as an enduring investment holding company, driven by the mission to generate attractive long-term returns for investors while cultivating market leadership across diverse sectors. With a rich history dating back to its establishment in 1879, UACN has emerged as a leading Nigerian conglomerate, making its mark in the Food and Beverage, Real Estate, Paint, and Logistics industries. The company’s commitment to sustainable growth is fortified by strategic regional and international partnerships.

UACN’s roots can be traced to its incorporation as part of the UACI’s group of companies in Nigeria, dedicated to strategic market transactions. Over time, these companies evolved into divisions under UACN of Nigeria in 1973, marking a consolidation that laid the foundation for the company’s continued growth and influence.

While UACN’s early involvement was centered around the auto trade market, the company’s vision expanded to encompass broader economic development and improved livelihoods for Nigerian farmers and citizens. This commitment to socio-economic progress propelled UACN to venture into various sectors, most notably engage in produce buying from local farmers for export, coupled with offering credit support to traders and middlemen.

UACN’s strategic partnerships reflect its dedication to operational excellence, enhanced delivery capabilities, and market share consolidation within a competitive landscape. By leveraging its current business model and seizing opportunities, UACN strategically positions itself for success.

The company’s Corporate Social Responsibility (CSR) initiative, The Goodness League, underscores UACN’s commitment to education in Nigeria. This program extends infrastructural interventions and support to Legacy Schools across the nation, spanning multiple geo-political zones. Through its Schools Support Programme, UACN actively contributes to educational institutions in the South West, North West, South South, North Central, and South East regions, championing a brighter future for the country’s youth.

fAs a venerated player in the Nigerian business landscape, UACN Plc remains dedicated to fostering growth, market leadership, and positive socio-economic impact. With a legacy built on resilience, forward-thinking, and community empowerment, UACN continues to shape Nigeria’s economic landscape for the better.

RSS UAC News
  • UAC Of Nigeria PLC – Notice Of Board Changes July 28, 2023
    The Board of Directors (the “Board”) of UAC of Nigeria PLC (“UAC” or the “Company”) wishes to inform the Nigerian Exchange Limited, the Company’s shareholders and the investing public as follows: APPOINTMENT The appointment of Mr. Adebolanle Badejo (“Debola Badejo”) as an Executive Director of the Company effective 28 July 2023, subject to the approval […]
    Taiwo Oluwadare
  • UAC Of Nigeria PLC – Election Of Vice-Chairman Of the Board Of Directors June 22, 2023
    The Board of Directors (the “Board”) of UAC of Nigeria PLC (“UAC” or the “Company”) is pleased to announce the election of Mr. Khalifa Adebayo Biobaku as Vice Chairman of the Board effective June 21, 2023. Mr. Biobaku is currently a Non-Executive Director on the Board of UAC and was appointed in that capacity on […]
    Taiwo Oluwadare
  • Retirement Of Mr. Babatunde Kasali As Non-Executive Director June 21, 2023
    UAC of Nigeria PLC (the “Company”) wishes to inform the Nigerian Exchange Limited, its shareholders and the investing public of the retirement of Mr. Babatunde Kasali, a Non-Executive Director from the Board of Directors (the “Board”) of the Company at the end of the Company’s Annual General Meeting on 21 June 2023. View Statement
    Taiwo Oluwadare