Nigerian Breweries Plc says the 41 per cent decline in its profit after tax for the financial year ended December 31, 2018 is due to increased excise duty rates. The Company Secretary/Legal Director, Nigerian Breweries, Mr Uaboi Agbebaku, said in a statement that the increase in excise duty during the year under review affected its […]
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Activities closed for the week on the Nigerian Stock Exchange (NSE) on a positive trend following gains recorded by some highly capitalised stocks after two consecutive days losses. Specifically, Seplat led the gainers’ table, gaining ₦54 to close at ₦594 per share. It was followed by Nigerian Breweries with ₦3.50 to close at ₦79.50, while […]
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In a keenly contested multi-agency pitch, a Lagos based advertising agency, Leo Burnett Lagos has emerged winner of the highly coveted Nigerian Breweries Below-the-line (BTL) design account. Nigerian Breweries is the leading brewery firm in Nigeria with over 32 brands in its portfolios. Leo Burnett was said to have won the creative development account of […]
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Nigeria’s leading brewing company, Nigerian Breweries Plc has urged the Super Eagles to extract their pound of flesh from the Bafana Bafana of South Africa when the two sides meet on Saturday in a 2019 Africa Cup of Nations match day five game at the FNB stadium in Johannesburg, South Africa. This motivational message was […]
Read More Leading brewery firm, Nigerian Breweries Plc yesterday announced an interim dividend of 60 kobo for the nine months ended September 30, 2018. The dividend announcement followed the release of the company’s nine months results, which showed a decline in top and bottom-lines. The interim dividend is 40 per cent lower than the 100 kobo interim […]
Read More Life Continental Lager Beer, a beverage brand in the stables of Nigeria Breweries (NB), has earmarked N30 million for empowerment of 100 artisans and small businesses. Mr Emma Agu, the Portfolio Manager in-charge of Mainstream Lager and Stout of NB, disclosed this at the launch of the 2018 Life Beer Empowerment Scheme on Tuesday in […]
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Social media personalities have described the ongoing Heineken Nigeria’s 192 countries social media campaign as the most talked-about public relations campaign. In a statement, Marketing Director, Nigeria Breweries, NB, Franco Mario Maggi said social media users have continued to express their excitement on the new campaign and “timelines are constantly being flooded by #192 countries.” […]
Read More Nigerian Breweries Plc has announced a profit after tax of ₦18 billion for the first half of 2018. According to the unaudited financial results released to the Nigerian Stock Exchange, the N18bn represents a 22 per cent decrease over the ₦24 billion recorded in the corresponding period in 2017. The company’s revenue dipped by five […]
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The Federal Government has set up a committee to investigate the regular usage and arrest of Nigerian Breweries lorries conveying prohibited items into the country. Two months ago, a lorry belonging to the Company was arrested with over 270 bags of foreign rice concealed among some empty crates of it alcoholic beverage products. Even this […]
Read More 86 years after it rolled out the first bottle in a Malayan brewery in the territory now known as Singapore, World’s No. 1 International Premium Asian Beer, Tiger Beer, finally launched in Nigeria with style. Tiger Beer is a product of Nigeria’s leading brewer, Nigerian Breweries Plc, a Heineken Operating company. The global beer is […]
Read More Nigerian Breweries, Plc has launched a new premium lager beer, Stella, to the market. The company said the new beer is rich in its heritage, brewing process and taste. And it is a brand that stands on its own with the kind of appeal the market craves. The launch of Stella Lager beer is part […]
Read More Indigenous brewer, Nigerian Breweries Plc, has announced the appointment of Mr. Jordi Borrut Bel as the company’s managing director/chief executive officer. The appointment takes effect on January 22, 2018, according to a company statement. Borrut Bel will succeed Mr. Johan Doyer, who has served as MD/CEO on an interim basis since June 16, 2017. The […]
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