Hans Essaadi
13 Dec
The Beer Sectoral Group (BSG) of the Manufacturers Association of Nigeria (MAN), the Federal Road Safety Corps (FRSC), the National Union of Road Transport Workers (NURTW), and other stakeholders have urged road users to drive safely during the Yuletide period and beyond.
18 Sep
Nigerian Breweries has assured that the company is currently restrategising to reduce impact of foreign exchange exposure and uncertainty in its operations to enhance sustainable profitability.
3 Aug 2024
Nigerian Breweries Plc has recorded 73 per cent increase in revenue in the half-year period ended 30 June 2024, despite the challenging operating environment characterized by soaring inflation, exchange rate volatility, security challenges, elevated input costs, and rising cost of living.
5 Jun 2024
Nigerian Breweries Plc has completed the acquisition of a majority stake, 80 per cent, in Distell Wines and Spirits Nigeria Limited
29 Apr 2024
Shareholders of Nigerian Breweries (Plc), have unanimously approved the firm's capital raising of N600 billion by way of a rights issue to existing shareholders.
24 Apr 2024
The Managing Director of Nigeria Breweries Plc, Hans Essaadi, said the fact that the naira has shown some appreciation against the dollar in recent weeks has had little or no impact on input cost.
18 Apr 2024
Nigerian Breweries (NB) Plc has disclosed that the proposed N600 billion recapitalisation scheme by way of rights issue would settle N153 billion outstanding foreign exchange (FX) losses and part of its local bank debt facility.
17 Apr 2024
Just last week, Nigeria’s local manufacturing sector was dealt a huge blow as one of the biggest brewers in the country, Nigerian Breweries, announced that it is suspending operations in two of its nine breweries.
14 Apr 2024
The country’s manufacturing sector has further suffered more setbacks as one of its biggest players, Nigerian Breweries (NB) Plc, has suspended operations in two of its nine breweries.
6 Apr 2024
Nigerian Breweries Plc, has commenced the implementation of its strategic Business Recovery Plan aimed at securing a resilient and sustainable future for its shareholders and other stakeholder. In view of this, the company has by notified the Nigerian Exchange Limited (NGX) of its intention to raise capital of up to ₦600 billion (six hundred billion…
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A delegation of Yobe Government officials led by Alhaji Baba Wali, the Secretary to the State Government (SSG), is in Morocco to explore partnerships in fertilizer production and other critical sectors. This is contained in a statement by Alhaji Mamman Mohammed, Gov. Mai Mala Buni’s Director-General, Press and Media Affairs in Damaturu on Thursday. He…
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The House of Representatives Committee on the Review of the 1999 Constitution has received proposals for the creation of 31 new states across the country. This was disclosed by Deputy Speaker Benjamin Kalu after reading a letter from the committee during plenary on Thursday. He outlined the constitutional conditions that must be met before…
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The Panama Canal Authority late on Wednesday, denied any changes to transit fees after the U.S. Department of State said U.S. government ships would no longer pay to use the canal. “The government of Panama has agreed to no longer charge fees for U.S. government vessels to transit the Panama Canal.’’ The Department of State…
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London's Grenfell Tower -- scene of Britain's worst residential fire since World War II -- is set to be demolished seven years after 72 people died in a blaze there, survivors and families of victims said Thursday.
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The health ministry in Hamas-run Gaza said Thursday that the death toll from the war with Israel in the Palestinian territory had reached 47,583.
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The First Lady, Sen. Oluremi Tinubu, has condoled with the families of people who died in a fire outbreak that affected an Islamic school in Kaura Namoda, Zamfara State, on Tuesday night. The Police in Zamfara confirmed the death of 17 Almajiris (street urchins) while 17 others were injured in the fire incident in Kaura…