Nigeria Breweries have recorded N10.7 billion loss in first quarter of 2023 amid poor sales revenue and rising costs The brewing company has experienced heightened operating pressure for the past three quarters, having posted losses in the entire second half…
Shareholders of Nigerian Breweries Plc, Nigeria’s foremost brewing company have approved the issuance of 2.1 billion bonus shares to its qualifying shareholders. The company made the disclosure in a report signed by Mrs Sade Morgan, Corporate Affairs Director, Nigerian Breweries…
Shareholders of Nigerian Breweries Plc, Nigeria’s foremost brewing company have approved the issuance of N2.1 billion bonus shares to its qualifying shareholders. The company made the disclosure in a report signed by Mrs Sade Morgan, Corporate Affairs Director, Nigerian Breweries…
The Board of Directors, Nigerian Breweries Plc has announced a total sum of N274.03billion as revenue for the first half of the 2022 financial year, which ended on June 30, 2022. The company’s performance comes on the heels of high…
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…
