International Breweries

Nigeria’s three largest listed brewers generated over ₦1.41 trillion in revenue during the first half of 2026, extending the industry’s recovery despite persistent pressure on household spending. Yet beneath the stronger top line lies a…

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…

 Brewing companies are generally picking up the pieces after a lasting storm that broke the industry’s corporate ships. After years of running losses and ruined equity capital, the companies are returning to profitability in 2025. The…

The equities market on the Nigerian Exchange began the new week in bullish form, closing on Monday with a market capitalisation of N60.6 trillion, up from last Friday's closure of N60.3 trillion, a N300 billion gain at the trading session.…

International Breweries incurred a further loss of nearly N5 billion in the third quarter, which pushed up the nine-month closing net loss to N28.6 billion. The finance costs of N6.8 billion on the company’s N320 billion debts, and the 288…

International Breweries suffered a foreign exchange loss of about N42 billion in the second quarter, which has swollen its N2.3 billion loss in the first quarter to N23.6 billion at half year. This has further strained the company’s…

International Breweries is on the sixth year of streaming losses, closing with a net loss of N2.3 billion in the first quarter. It is a worse start for the company this year than in 2022. It began 2022 with a profit of N721 million in the…

International Breweries’ stream of losses clocked an uninterrupted fifth year with a net loss of N21.6 billion in 2022. This is an unexpected increase from a net loss of N17.6 billion the company posted at the end of 2021. The…

The Nigerian equities market has continued its yoyo ride in recent times with the exchange closing bearish Tuesday. The All-Share Index (ASI) lost 204.95 index points or 0.40 per cent to settle at 51,586.5 basis points as against…