Nigerian Breweries Plc

Nigerian Breweries Plc has employed massive spending on products marketing and promotion to lead consumers back to brewed products. The company spent over N97 billion in marketing and distribution expenses in 2021 with N39.5…

Nigerian Breweries Plc reversed its dismal performance in the second quarter in the third-quarter yet it is headed downward for the third year running. This is in accordance with our expectation at the end of half-year that “some recovery…

Heineken Brouwerijen B.V, the major shareholder of the largest brewer in Nigeria, has purchased 144,965 units of additional shares of the Nigerian Breweries Plc. The company in a notification to the Nigerian Stock Exchange and signed by…

Nigerian Breweries Plc is again staying on the downside of profitability at which it closed trading in 2019. Climbing down the path of profit performance happened for the second time last year and has extended to the third straight year in…

Nigerian Breweries Plc suffered another profit drop in 2019 from its already lowest profit in the prior year. The company also lost sales revenue for the second year despite that seasonal effect improved sales in the final quarter. The…

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has facilitated various landmark transactions in the Nigerian financial market. The firm, through its subsidiaries, handled milestone deals for Nigerian Breweries Plc,…

Nigerian Breweries Plc, has said it will appeal a recent ruling by an Edo High Court in the case of Prof. Ernest Izevbigie vs Nigerian Breweries Plc. The court in the ruing had ordered Nigerian Breweries to apologise to one of its…

Star Lager beer, the flagship beer brand of Nigerian Breweries Plc, has revealed plans to round up the year in conjunction with the Lagos State Government at its Yuletide revue, One Lagos Fiesta, which is set to hold from 24th…

MMESOMA ILOH The National Industrial Court of Nigeria has asked Nigerian Breweries Plc to include its early retirement policy in its staff Handbook. Justice Ogbuanya in his ruling ordered the firm to specify the…

GBOLABO AFUWAPE The management of Nigerian Breweries (NB) Plc will meet on Wednesday 5th  to deliberate on a proposal for changes in the composition of its  board among other issues. The beverage manufacturing firm assured that it…