Nigerian Breweries
1 day ago
Nigerian Breweries has rejigged its portfolio with the relaunch of Ace Root, a low-sugar, herbal and alcoholic beverage, to cater to the health of consumers and promote taste varieties. The product relaunch, occurred simultaneously in Lagos and Ibadan at the Big Weekend Experience 2.0. Portfolio Manager, Nigerian Breweries PLC, Sampson Oloche stated his excitement over…
6 Apr
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…
30 Mar
Nigerian Breweries Plc. is set to further excite its consumers tomorrow with the second edition of ‘Big Weekend Experience’, which will be hosted simultaneously across three cities – Onitsha, Warri, and Akure.
11 Mar
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…
19 Feb
Beer drinkers in Nigeria will have to pay as much as N1,300 for a bottle, after the Nigerian Breweries Plc on Monday announced an increase of 40 percent in the prices of the products.
17 Feb
Nigerian Breweries Plc has recorded a net loss of N106 billion for the year ended 2023, as against N13.93 billion posted in its 2022 financials, indicating 860 per cent loss.
22 Sep 2023
Following price depreciation in 30 stocks, the stock market continued on a downturn yesterday, resulting to a further slide in market capitalisation by N36 billion. Accordingly, the all share index (ASI) declined by 64.58 points, representing a loss of 0.09 per cent to close at 68,271.14 points. Also, market capitalisation shed N36 billion to close…
1 Sep 2023
…Redefine drinking, taste experiences In a landmark move to revolutionize the Nigerian alcohol beverage market, Nigerian Breweries has officially launched Goldberg Black, a dark lager, with a relatively higher ABV of 6%, brewed with dark malt and notes of caramel for a distinct taste and aroma. This unveiling comes as a momentous step, marking the…
23 Aug 2023
Following gains recorded by many blue-chip stocks, the Nigerian Exchange (NGX) sustained gains, yesterday, as market capitalisation appreciated by N158 billion.
13 Aug 2023
For serving meritoriously, Nigerian Breweries Plc, has organised a reception in honour of Chief Kola Jamodu, who retired recently as the company’s chairman.
15 Jun 2023
Friends and associates of the late Fatai Olukayode Lawal, who was the Business Controller at the Nigerian Breweries, Ibadan, yesterday, called on the Inspector General of Police (IGP), Usman Alkali Baba, to intervene in the ongoing police investigation to unravel the mystery surrounding his death.
31 May 2023
Expectations that President Bola Tinubu’s administration will stimulate activities in the nation’s stock market and restore the exchange on a path of sustainable growth triggered an unprecedented rally in the bourse yesterday, as investors gained N1.5 trillion, the highest daily profit in two years.
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2 mins ago
In response to disruptions sparked by recent haulage rate announcements for Eastern Ports, the Nigerian Shippers' Council (NSC) has agreed to schedule a stakeholder meeting to renegotiate the rates. This, according to NSC will serve as a platform where robust consultation and decisive action would be taken to ease the stress of port users. Emerging…
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The Oyo State Government says it demolished the building belonging to the Yoruba Nation agitators in its capital, Ibadan, over alleged illegal and nefarious activities in the house.
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The National Chairman of All Progressives Congress (APC) Dr. Abdullahi Umar Ganduje has secured an exparte injunction restraining further action on his purported suspension as member of the party. In an exparte motion granted by Federal high Court in Kano, Wednesday, Justice A. U Liman ordered the purported suspension of Ganduje as member of the…
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3 hours ago
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A senior Revolutionary Guards general threatened on Thursday to target Israel's "nuclear facilities" if it strikes Iranian atomic sites, state media reported, anticipating retaliation for Tehran's unprecedented weekend attack.