Nigerian Breweries in solar power deal with CrossBoundary Energy

NIGERIA - Nigerian Breweries Plc (NB), franchise bottler of Heinenek Lager, has entered into a solar energy supply deal with CrossBoundary Energy for the operation of a 650 kW solar plant at NB’s Ibadan Brewery. The green energy project is in line with the current global ambitions of exploring sustainable energy solutions and positions Nigerian…

Nigerian Breweries appoints Sade Morgan as Corporate Affairs Director

NIGERIA - Nigerian Breweries Plc has announced Mrs Sade Morgan as its Corporate Affairs Director and member of its executive committee, reports Beverage Industry News. This follow the resignation of Kufre Ekanem from the position in October 2018 who left NB to start a career at a culture, marketing and public relations consultancy firm, Philosoville…

Nigerian government to increase excise duty on alcohol, tobacco

NIGERIA – the Nigerian government has unveiled its Strategic Revenue Growth Initiative (SRGI) which will see an increase in excise duty rates from the current 5% on alcohol, carbonated soft drinks, tobacco and other goods. Speaking during the launch of the SRGI, the Minister of Finance, Mrs. Zainab Ahmed, said the implementation of the initiative…

Nigerian Breweries reassures consumers of quality product, dismisses allegations.

NIGERIA - Beverage manufacturer, Nigerian Breweries (NB) Plc, has re-assured consumers of producing high quality products and dismissed allegation over its brand, Amstel Malta, being paraded as fake, reports Beverage Industry News. A statement by the brewery highlighted that there is no fake Amstel Malta in the market, adding that it recently revised the packaging…

NSE downgrades Nigerian Breweries stock to medium-priced status

NIGERIA – The Nigerian Stock Exchange (NSE) reclassified Nigerian Breweries Plc stock from its previous high-priced stock to medium-priced stock following a fall of the brewer’s stock price below the required High-Priced Stock threshold. According to Beverage Industry News, NSE issued a circular that the downgrade was as a result of a review it conducted…

Nigerian Breweries to appeal court ruling on Amstel Malta

NIGERIA- Nigerian Breweries Plc has issued a formal statement confirming Edo State High court ruling against it in the case of Prof Ernest Izevbigie vs. Nigerian Breweries Plc and says that it intends to appeal against the ruling. The company was facing a law suit for allegedly wrongfully inscribing “low sugar”on one of its brands,…

Nigerian Breweries announce director resignation and appointments to its board

NIGERIA – Nigerian distributor of lager and stout beer, Nigerian Breweries has announced the appointment of one resignation and two new appointments of Non-Executive Directors to its board,reports Beverage Industry News. The company has appointed of Mr Oluseyi Bickersteth and Mrs Adeyinka O. Aroyewun as Non-Executive Directors while Chief Samuel O. Bolarinde, a Non-Executive Director…

Nigerian Breweries ordered to reinforce employee retirement policy

NIGERIA – The National Industrial Court of Nigeria has made a ruling mandating Nigerian Breweries to include early retirement policy in its employee handbook, reports BeverageIndustryNews. The ruling requires the brewing company to specify the pre-qualification, notice period and severance package in order to avoid litigation of the policy. This follows claims by a former…

Nigerian Breweries promotes healthy living with Amstel Malta

NIGERIA - Promoters of Amstel Malta, a premium malt drink from Nigerian Breweries, have advocated the need for a healthy living among its consumer’s through supporting various healthy living lifestyles, reports This Day. Ugo Ahukannah, Nigerian Breweries Senior Brand Manager for Amstel Malta, said that they are devoted to promote fitness across Nigeria through supporting…

Nigerian Breweries and road safety agency promote Don’t Drink and Drive campaign

NIGERIA – Star Lager maker, Nigerian Breweries has together with the Federal Road Safety Corps (FRSC) held a mega rally on road safety in Lagos in a bid to curb the number of road accidents in the country. According to Beverage Industry News, the Don’t Drink and Drive rally campaign was the second of the…