nigerian breweries
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Nigeria Brewing Industry in Nigeria Hit Hard with Combined Losses of N169.7 Billion
Nigeria's top breweries, including Nigerian Breweries Plc and Guinness Nigeria Plc, suffer a combined loss of N169.7 billion in Q1 2024 due to rising interest rates and naira devaluation. BusinessDay's analysis reveals the sector's financial strain amid foreign exchange losses and economic...- Nigeria News
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- Category: Business
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Nigeria Consumers Brace for Impact as Nigerian Breweries Responds to Economic Pressures with Second Price Hike in Two Months
Nigerian Breweries Plc has announced another round of price increases for its products, marking the second adjustment in just two months. The company, in a review notification distributed to customers in the South-West zone, revealed that the new prices would come into effect from March 15...- Nigeria News
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Nigeria Brewing Woes: Heineken's Nigerian Operations Hit Hardest Downturn in Company's History, CEO Reveals
In an investor call on Monday, Hans Essaadi, CEO of Nigerian Breweries Plc, the Nigerian unit of Heineken NV, delivered grim news, declaring that the company is currently facing its worst downturn in the history of operations in Nigeria. Essaadi attributed the challenges to a significant decline...- Nigeria News
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- brewing industry ceo of nigerian breweries plc economic challenges hans essaadi heineken naira devaluation nigerian breweries
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Nigeria Nigerian Breweries Reports N106 Billion Loss in 2023 Amid Economic Headwinds
In a stark contrast to its 2022 financials, Nigerian Breweries Plc has reported a staggering net loss of N106 billion for the fiscal year 2023, marking an alarming 860 percent increase in losses. The audited financial results, disclosed by Company Secretary Uaboi Agbebaku, unveil a challenging...- Nigeria News
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- Category: Business
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Nigeria Nigerians Sobered By Decision of Breweries to Increase the Price of Beer
Nigerian Breweries PLC has issued a "Price Review Notification" to its direct customers in the West Zone, signaling the third price adjustment in the year. The letter, dated February 12, 2024, cites the necessity of the price changes, effective from Monday, February 19, 2024, to offset the...- Nigeria News
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Business Heineken acquires more stakes in Nigerian Breweries – The Nation News
https://thenationonlineng.net/heineken-acquires-more-stakes-in-nigerian-breweries/- Chinedu Iroka
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Business Nigerian Breweries, GTB, other stocks witness sell-off – BusinessDay
The stocks of Nigerian Breweries Plc, GTBank Plc, Dangote Sugar Refinery Plc, Forte Oil Plc, and UAC of Nigeria Plc witnessed remarkable sell-off which thereafter impacted their prices after Tuesday’s trading on the Nigerian Bourse. Only 14 stocks advanced in price as against 29 … Read more...- curator
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Business NSE All-Share Index drops further by 0.26 percent – Today Ng News
The Nigerian Stock Exchange (NSE) All-Share Index closed for the week on Thursday ahead of Eid-el-Fitr celebration with a loss of 0.26 per cent. Read more via TODAY.NG – https://ift.tt/2MsKIkF Get more: Nigeria Business News- curator
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Business Nigerian Breweries appoints new Managing Director – Premium Times Nigeria
Nigerian Breweries Plc has announced the appointment of Jordi Borrut Bel as the company’s Managing Director/CEO. The appointment takes effect on January 22, 2018. Mr. Borrut Bel will succeed Johan Doyer who has served as Managing Director/CEO on an interim basis since June 16. The company...- naija questions
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Business Nigerian Breweries’ MD, Nicholas Vervelde, Resigns
The Managing Director of Nigerian Breweries, Nicholaas Vervelde, has resigned. The company made the announcement via the Nigerian Stock Exchange website on Thursday that Mr. Vervelde would take up a new role within the Heineken group outside Nigeria. “In anticipation of that and preparation to...- ProfRem
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Business Guinness, Breweries, Cadbury Lead Losers As Nigeria Stocks Close Down
Equities market on the Nigerian Stock Exchange closed Wednesday on a negative note, second day running as NSE ASI depreciated by 0.58 per cent to close at 25,183.10 basis points, as against 0.17% depreciation recorded on Tuesday. DEALS: 2,958.00 VOLUME: 228,023,780.00 VALUE: 2,390,880,435.86...- ProfRem
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Metro Nigerian Breweries Issues Statement on Fire Incident
The management of Nigerian Breweries has said that no life was lost in the fire that gutted the company on Christmas Day. In a statement issued on Sunday by its Corporate Affairs Adviser, Mr Kufre Ekanem, said the inferno affected some sections of the bottle holding bay, including empty...- kemi
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Metro Fire Outbreak At Nigerian Breweries In Iganmu [PHOTOS/VIDEO]
A section of the Multinational company, Nigerian Breweries is currently on fire at the company's headquarters, Iganmu, Lagos. The tragic incident which started early hour of Christmas day, according to sources. Men of the Federal Fire Service and the Nigeria Police Force are at the location to...- ProfRem
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Business 9 Largest Companies in Nigeria and Their Market Values
The strength and size of a company can be measured by its market capitalization. The market cap. of a firm also indicates the market value of a company at a particular time. It can rise and fall, based on the performance of the shares of the firm on the stock market. The shares are in turn...- LequteMan
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Maltina Teacher Of The Year: How To Apply For The 2016 Edition
The Maltina Teacher of the Year is an initiative which aims to recognize and celebrate exceptional teachers in Nigeria. The initiative is open to teachers in ALL secondary schools across the country. There will be champions from each state of the federation and the FCT from which the overall...- mrsam
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Business Nigerian Breweries Records N77.55b Revenue, N10.5b Profit in First Quarter of 2016
Nigerian Breweries (NB) Plc has posted a revenue of N77.55 billion and profit after tax of N10.45 billion in its first quarter operations. Specifically, the company’s unaudited result for the first quarter ended March 31, showed 11 per cent increase in revenue from N69.92 billion in 2015 to...- ProfRem
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