Meet Fola Aiyesimoju Group Managing Director of UAC of Nigeria Plc. one of Nigeria’s youngest dealmakers who is quietly turning equity ownership into a $90 million story of momentum on the Nigerian Exchange.
Folasope Babasola Aiyesimoju, CEO and largest shareholder of UAC of Nigeria Plc., has gained nearly $18 million (N22.2 billion) in 2026 alone as the conglomerate’s shares continue their upward climb after its 2025 dividend windfall.
His combined equity exposure across UACN and UPDC Plc. now exceeds $90 million (N121.8 billion), boosted by strong investor demand for dividend-paying stocks and a N2.93 billion ($2.12 million) payout for FY2025.
UAC shares have risen 34% year-to-date, lifting market value and reinforcing confidence in its diversified portfolio spanning foods, logistics, real estate, and consumer goods.
Despite a profit dip, revenue surged 73% to N340.47 billion ($246.8 million), highlighting operational strength and aggressive expansion under Fola Aiyesimoju’s leadership across key sectors.
Investors are watching closely as one of NGX’s most dynamic conglomerates continues to reward long-term positioning and disciplined corporate strategy with further upside potential ahead in 2026 cycle.
