Operators have expressed concerns about the government’s inability to provide an enabling environment for the real sector, thereby avoiding the multiplier effect on banks’ Non-Performing Loans (NPLs), as well as their profitability.
To prevent binge and drunk driving, sales of alcohol to minors and pregnant women among other harmful use of alcohol, International Breweries Plc has taken its Responsible Beverage Service (RBS) training campaign to key Local Government Areas in Lagos State.
15 Jul 2022
Bearish sentiments persisted at the Nigerian Exchange Limited (NGX), yesterday as losses in Zenith Bank, nine others, dragged market capitalisation further by N28 billion.
25 May 2022
International Breweries Plc has said it recorded N1.9bn profit before tax in the first quarter of 2022. The firm said this in a statement on its 2022 first-quarter results.
17 May 2022
Following renewed profit-taking embarked by investors, the Nigerian Exchange Limited (NGX) halted its gaining streak to close on a downward note yesterday, causing the index to depreciate by 0.3 per cent.
30 Mar 2022
Following losses suffered by most blue-chip stocks, especially International Breweries and Veritas Kapital, the Nigerian Exchange Limited (NGX) extended its bearish run to the second trading
13 Dec 2021
Notable dignitaries, government, industry giants and company stakeholders including SSA to the President on Political Matters, Senator Babafemi Ojudu, who represented the Vice President of Nigeria have commended beverage brewers...
3 Nov 2021
Despite price losses that outweighed gains, renewed bargain hunting in the shares of International Breweries, Lasaco and eight others lifted the All-Share Index (ASI) by 0.09 per cent.
2 Nov 2021
International Breweries recorded a revenue growth of 32.1% to N46.43 billion in the third quarter of 2021. This is contained in its Q3 2021 financial report, released on the website of the Nigerian Exchange Group (NGX).
17 Sep 2021
Transactions on the floor of Nigerian Exchange Limited (NGX) reversed gains to close on a downturn yesterday as losses in the shares of Eterna, and 16 others dragged market capitalisation by N30 billion.
29 Apr 2021
The bears maintained dominance on the equities market yesterday, as more blue-chip stocks depreciated, resulting in a further decline in market capitalisation by N274 billion.