NB

NB targets 60 pct local materials by 2020

The Nigerian Breweries (NB) Plc unveil plans to increase sourcing of raw materials like sorghum, food grade starch and others locally from 57 to 60 per cent by 2020. Mr. Patrick Olowookere, Corporate Communications and Brand Public Relations Manager, made the disclosure to newsmen during a facility tour in Ado Awaiye in Iseyin area of […]

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NB

99% packaging materials sourced locally by NB for sustainable development

In its quest for sustainable development in the manufacturing sector, the Nigerian Breweries (NB) Plc says it sources 99 per cent of its packaging materials locally. Patrick This was disclosed by Olowookere, the Corporate Communications and Brand Public Relations Manager of the company, at the Ibadan brewing plant on Thursday. Olowookere said that the percentage […]

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NB

Shareholders approve Nigerian Breweries ₦28.386bn dividend

The shareholders of Nigerian Breweries Plc have approved the company’s dividend pay-out of ₦28.386bn for the 2016 financial year. The shareholders, at the 71st Annual General Meeting of the company held in Lagos, noted that the company’s performance in spite of the very challenging operating environment, was impressive and commendable. They stated that the 2016 […]

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NB

Nigerian Breweries MD, Nicolaas Vervelde resigns

Nigerian Breweries Plc has said that its Managing Director/Chief Executive Officer, Mr. Nicolaas Vervelde, will complete his assignment in the company on June 16, 2017 to take up a new role within the Heineken Group outside Nigeria. A statement from the firm’s Corporate Affairs Adviser, Kufre Ekanem, on Thursday said in anticipation of and preparatory […]

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NB seek shareholders approval for conversion of cash dividend to scrip issue

Nigerian Breweries, NB Plc, yesterday, said it will seek shareholders approval at its forth coming Annual General Meeting (AGM) to convert their cash dividend to ordinary shares. The Managing Director/CEO, NB Plc, Mr. Nicolaas A. Vervelde, who disclosed this to Vanguard at the sideline of the company’s Pre-AGM press briefing in Lagos stated: “We want […]

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