Nigerian breweries on Thursday reported the Sustained sell pressure which witnessed shares of some blue-chip firms quoted on the Nigerian Exchange has resulted in shareholders of Nigerian Breweries Plc losing about N26.717 billion in a trading day. The result showed…
Nigerian Exchange Limited (NGX) has admitted 145,074,002 units of Nigerian Breweries Plc’s shares arising from the 2021 Scrip Dividend Election Scheme into its platform. The Breweries giant had proposed for shareholders’ approval, the Share for Cash Dividend Election Scheme, a…
The operating environment for many businesses across the country was unpleasant but thankfully Nigerian Breweries Plc recorded some milestones in the intervening period. The Brewery giant grew profit by over 72 per cent to N12.7 billion and hopes to pay…
By Philemon Adedeji Nigerian Breweries PLC on Monday 21st of February 2022, Reported 72 per cent increase in profit for audited full year result and accounts for the period ended December 31, 2021. Also, the group reported N104.5 per cent…
Nigerian Breweries Plc (NB) has invested N78 billion in the cultivation of raw materials in the country in the past five years to boost job creation. NB’s Corporate Affairs Director, Mrs Sade Morgan, said this at a media parley in…
By Kayode Tokede With significant increase in net revenue, Nigerian Breweries Plc has reported 38.8 per cent increase in profit before tax to N11.5billion in its unaudited first quarter (Q1) results for period ended March 31, 2021 from N8.3 billion…
By Kayode Tokede The Managing Director/ Chief Executive Officer, Nigerian Breweries Plc, Mr Jordi Borrut Bel has expressed that the foremost brewer company, remains committed to long term value creation for its shareholder and have the right strategy to achieve…
The Nigerian Breweries Plc (NB) has received the Kaduna State Internal Revenue Service (KADIRS) 2020 Highest Taxpayer, Pay-As-You-Earn Award. The Executive Chairman, KADIRS, Dr Zaid Abubakar, described Nigerian Breweries at the agency’s 2020 Grand Dinner and Award Night, in Kaduna…
By Kayode Tokede Nigerian Breweries (NB) Plc has declared a revenue of N337.01 billion for the financial year ended Dec. 31, 2020. The revenue represented an increase of 4.3 per cent compared with N323 billion recorded in the corresponding period…
The management of Nigerian Breweries Plc has said it is going to appeal against court ruling that awarded N169million ro Ondo State Government in respect of tax liabilities. An Ondo State High Court sitting in Akure, had ordered that the…
