Nigerian Breweries Plc

Nigerian Breweries Wipes Out Accumulated Losses As H1 Profit Hits ₦156.3bn

Nigerian Breweries grew profit before tax by 18 percent to ₦156.3 billion in the first half of 2026 as stronger revenue and lower finance costs lifted earnings. The brewer eliminated its interest-bearing debt and returned retained earnings to...

Nigerian Breweries: Profit Recovery Masks Assets 6.3% Shrink in 2025

March 16, (THEWILL) — Despite a highlighted profit rebound, Nigerian Breweries Plc’s financial statements for 2025 showed that the foremost brewer experienced a shrink of N72.15 billion in its assets value to N1.06 trillion from N1.13 trillion in the...

Nigerian Breweries Battles Rising Costs, Records Post-Tax Profit of N85.5bn

May Not Pay Dividend for Second Year October 27, (THEWILL) — Nigerian Breweries Plc has posted a profit after tax (PAT) of N85.5 billion for the nine months ended September 30, 2025, sharp rebound from a N149.5 billion loss recorded...

EnjoyCorp Acquires Champion Breweries Plc From Heineken

February 29, (THEWILL) - EnjoyCorp Limited has acquired Champion Breweries Plc. Champion Breweries Plc in a statement signed on Thursday by its Chairman, Imo-Abasi Jacob, said EnjoyCorp Limited reached an agreement with Heineken B.V to acquire 100% of its shareholding...

Nigerian Breweries Announces Price Hike Of Products

February 13, (THEWILL) - Nigerian Breweries Plc has announced an upward review in the prices of some products in its Stock-Keeping Units (STUs), with effect from February 19. This was disclosed in a letter signed by the Zonal Business Manager...

Nigerian Breweries Considering Acquisition of Distell Wines & Spirits Nigeria

June 01, (THEWILL) - Nigerian Breweries Plc will decide in the weeks ahead whether to acquire the controlling stake in the local unit of Stellenbosch-based Distell International Limited after an offer from Heineken Beverages Limited South Africa, the company...

Nigerian Breweries Plc: Directors’ Pay Climbs to N685m Amid 27% Profit Slump

The remunerations of Nigerian Breweries Plc directors rose to N684.9 million in 2022, from N612.1 million the corporate governance chiefs collectively received in the previous year. This represents a 12 percent rise in a year the company suffered a...

Gov Ugwuanyi Commissions N56b Nigerian Breweries Enugu Expansion Facility

May 17, (THEWILL) – Nigeria’s foremost brewing company, Nigerian Breweries Plc, has commissioned civil works of its expansion project at Ama Brewery, Enugu State. The expansion project worth N56 billion (or 112 million euros) is expected to boost the...

Flavour N’abania Seals Deal As Brand Ambassador For Life Continental Lager Beer

BEVERLY HILLS, June 10, (THEWILL) - Last month, we brought you news that award-wining artiste, Flavour N’abania had ported to from Harp Lager to Life Beer as ambassador. ‎Nigerian Breweries Plc, the ‎largest brewing company in Nigeria, has formally announced...
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