International breweries
23 Dec
Zenith Bank Plc, International Breweries Plc, NNPC Foundation, and others took center stage, carting home the coveted awards at the 18th edition of the SERAS Africa Sustainability Awards. Held at the Lagos Oriental Hotel on December 14, 2024, Zenith Bank Plc stole the show on the night by emerging as the overall Best Responsible Corporate…
19 Sep
Rising inflation, foreign exchange (FX) crisis, business climate uncertainty and other macroeconomic challenges, which have severely battered the balance sheet of listed companies pushed seven corporates to opt for fresh capital raising of up to N1,300 trillion in nine months to shore up capital deficit.
30 Aug
Following renewed investors’ appetite in Julius Berger and 26 stocks, the Nigerian equities market closed in an upbeat yesterday, as the overall capitalisation rose by N118 billion.
10 Jun 2024
International Breweries Plc (IBPLC), a leading brewer and part of AB InBev, the largest brewer in the world, has announced the launch of its rights issue of 161,172,395,100 shares, providing a unique opportunity for shareholders and non-shareholders
20 May 2024
One of Nigeria's major brewers, International Breweries (IB) Plc, has announced another increase in the prices of its products, from June 1, 2024. This latest increase in the price of beer and other Stock Keeping Units
11 Mar 2024
International Breweries Plc, a leading beverage company in Nigeria, announced price increases across its product portfolio effective from March 1st, 2024. The company cited "escalating costs impacting our business" as the reason for the hike. Popular brands like Castle Lite, Hero, Trophy, Beta Malt, and Grand Malt will all see their prices increase. The new…
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Britian's King Charles III is to feature in a new Amazon documentary, in which he is expected to highlight his environmental charity work and "philosophy of harmony," the Press Association reported Saturday. A source from "The King's Foundation" said the monarch's charity was "looking forward to working with Amazon on a one-off documentary to showcase…
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Dangote Petroleum Refinery has announced a reduction in the price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890 per litre. The price slash takes effect from Saturday, February 1, 2025. Dangote Refinery's spokesperson, Anthony Chiejina, disclosed this in a statement on Saturday. Chiejina said the 'strategic adjustment' was a direct…
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Egyptian President Abdel Fattah al-Sisi told his US counterpart Donald Trump on Saturday that the world was relying on him "to reach a permanent and historic peace agreement" to end the conflict between Israelis and Palestinians. Saturday's phone call was the first between the two leaders since Trump repeatedly floated a plan to relocate Palestinians…
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A Syria war monitor said 10 pro-Turkey fighters were killed on Saturday during fighting with Kurdish-led forces in the country's north, while nine people were killed in a car bombing. The Syrian Observatory for Human Rights said 10 members of pro-Ankara groups were killed in clashes with the US-backed, Kurdish-led Syrian Democratic Forces (SDF), who…
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Artillery shelling and air strikes killed at least 56 people across greater Khartoum on Saturday, according to a medical source and Sudanese activists. Sudan's regular army and the paramilitary Rapid Support Forces (RSF) have been locked in a battle for power since April 2023 that has intensified this month with the army fighting to take…
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The United States military on Saturday conducted air strikes on Islamic State group targets in Somalia, President Donald Trump announced. "This morning I ordered precision military air strikes on the senior ISIS attack planner and other terrorists he recruited and led in Somalia," Trump said on Truth Social. Defence Secretary Pete Hegseth said the strikes…
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Bayern Munich stretched their lead at the top of the Bundesliga to nine points on Saturday with an extraordinary 4-3 victory over Holstein Kiel. Bayern led 4-0 as Harry Kane scored twice, but Finn Porath replied for Kiel before Steven Skrzybski's stoppage-time double threatened to steal an unlikely point. The full-time whistle was met with…
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Donald Trump has fired the head of the Consumer Financial Protection Bureau, who announced Saturday that his term had been "concluded" in the latest move by the Republican president to reshape the American government. Rohit Chopra, who had been named to head the agency responsible for protecting bank customers in 2021, had been due to…
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The death toll from the crash of a medical jet carrying a Mexican child home from a hospital in Philadelphia has risen to seven, officials said Saturday, with 19 others wounded. The crash -- the second major aviation disaster in the United States this week -- occurred Friday when the twin-engine Learjet 55 plummeted towards…
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Indian commandos shot dead at least eight Maoist rebels in the dense jungles of central India on Saturday as security forces ramp up efforts to crush the long-running conflict. More than 10,000 people have been killed in the decades-long insurgency waged by the rebels, who say they are fighting for the rights of marginalised Indigenous…