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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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 […]
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 […]
Read More Nigerian Breweries (NB), a Heineken company and Nigeria’s largest brewer, has announced the signing of award- winning Nigerian rapper and entertainer, Phyno, as its new Brand Ambassador for the leading Southeast premium beer brand, Life Continental Lager Beer. Speaking at the unveiling ceremony at the weekend, its Marketing Director, Mr Maria Franco Maggi, said: “Working […]
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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 […]
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Nigerian equities traded on a tight balance of bargain-hunting and profit-taking yesterday at the Nigerian Stock Exchange (NSE), but losses by two highly capitalised companies-Lafarge Africa and Nigerian Breweries, weighed down the overall market position. With 19 gainers and losers each, the market appeared to be on a momentary pause after the recent streak of […]
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Organisers of the Sustainability, Enterprise and Responsibility Awards, otherwise known as The SERAS CSR Awards Africa has announced a list of 84 organizations that beat the deadline for the submission of entries for the 2017 edition. The list include Fidelity bank, GTbank, Diageo, Lafarge, Sahara Energy, Shell, Chevron, Tolaram group, 9Mobile, FCMB, FrieslandCampina, Multichoice, Access […]
Read More Nigerian Breweries Plc has deepened its partnership with local entrepreneurs and farmers to harness huge value chain from its backward integration policy. Mr. Patrick Olowokere, the company’s Corporate Communications and Brand Public Relations Manager, explained that the company was consolidating its local sourcing of inputs for its operations and has fast-tracked its plan to attain […]
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