UAC’s Mr Bigg’s Extends Losing Streak to Seven Years as Loss Widens to N1.8bn

Mr Bigg’s, once a dominant force in Nigeria’s fast-food industry, has reported its seventh consecutive annual loss for 2025 as intensifying competition and a cost-of-living crisis squeeze consumer spending.

UAC Restaurants Limited, a subsidiary of UAC of Nigeria (UAC), operates the Mr Bigg’s and Debonairs Pizza quick service restaurant (QSR) brands across the country. The business is run in joint venture with South Africa’s Famous Brands, which acquired a 49% stake in 2013.

The QSR unit generated revenue of N2.6 billion in 2025, slightly higher than the N2.5 billion recorded in 2024, UAC said in an earnings release on Tuesday.

However, loss before tax widened to a record N1.8 billion, from N1.3 billion in 2024.

Since 2019, the subsidiary’s pretax loss has deepened 24-fold. It reported a loss of N75.21 million that year, reversing a profit of N59.24 million in 2018, according to data compiled by MarketsReporters.