The Ilesha based, International Breweries Plc, a subsidiary of Belgian Brewer, Anheuser-Busch InBev (AB InBev), has announced a merger talk with Intafact Beverages Limited and Pabod Breweries Limited, also co-owned by AB InBev.…

International Breweries Plc has returned to borrowing, and high finance costs and income tax expenses have impacted the half-year profit. After shareholders bailed out the company from a huge debt overhang and foreign exchange losses in…

Profitability at International Breweries Plc declined sharply in the first quarter of 2026, as a significant spike in tax expense offset strong operational gains and pressured overall earnings delivery. The brewer reported a 33 per cent…

International Breweries Plc hit a major milestone in 2025 by recording its first profit in years, just shy of N51 billion. Despite this achievement, the company remains a few years away from paying dividends. In 2024, shareholders poured…

Nigerian Breweries (NB), citing ongoing high operational and input costs, has raised the prices of its products after informing its direct customers in the West Zone about an upcoming price adjustment across its entire product range. In…

Nigerian Breweries Plc (NB) has announced the full acquisition of Distell Wines and Spirits Nigeria Limited (DWSN) after purchasing the remaining 20 per cent minority shares from Ekulo International Limited and Next International Nigeria…

International Breweries Plc incurred a N60.4 billion loss in the first quarter, shrinking the company's equity capital from over N115 billion to N5 billion in losses that have run for seven straight years. At the current rate,…

Nigeria’s foremost brewing company, Nigerian Breweries Plc has officially acquired 80 per cent of Distell Wines and Spirits Nigeria Limited (Distell Nigeria). The Corporate Affairs Director, Sade Morgan in a statement on the Nigerian…

Nigerian Breweries Plc has announced another increase in the price of its products. The announcement would make a second upward review of prices in two months after an earlier increase in February. The new price review will take…

Champion Breweries Plc has announced Inalegwu Adoga as its new Managing Director to fortify its leadership team. Adoga's new position became effective December 1, capping a journey that began in 2019 when he assumed the role of…