Nigeria Breweries
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Nigerian Breweries banks on price hike to enable it to maneuver through economic challenges
NIGERIA – Nigerian alcoholic lovers have been notified to brace themselves for a price hike effective August 10, 2023, by the country’s largest brewing company,…
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Nigerian Breweries receives offer to acquire Distell Wines & Spirits Nigeria
NIGERIA – Nigerian Breweries Plc, one of the biggest beer makers in the country, has proposed to acquire 80 percent of Distell Wine & Spirits…
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Nigerian Breweries appoints Asue Ighodalo as new Non-Executive Chairman to succeed Chief Kolawole B. Jamodu
NIGERIA – Nigerian Breweries Plc (NB), the largest brewing company in Nigeria, has announced the retirement of its Chairman, Chief Kolawole B. Jamodu, CFR, with…
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Nigerian Breweries seeks US$121m loan from Heineken to strengthen operations
NIGERIA – The board and management of Nigerian Breweries Plc (NB) plan to seek shareholders’ approval for an intercompany loan of €110 million (US$121.36m) from…
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Naira shortage, galloping inflation bites Nigerian Breweries’ FY22 profits
NIGERIA – Nigerian Breweries Plc, the largest brewing company in Nigeria, said a shortage of Nigerian naira denominations and galloping inflation has led to an…
