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...
Nigerian Breweries Plc, one of Nigeria's leading beverage companies, has unveiled plans for a company-wide reorganization, which will involve the temporary closure of two out of its nine breweries across the country.
The decision comes as part of the company's business recovery plan aimed at...
Trading activities dropped on the Nigerian Stock Exchange (NSE) on Wednesday after two consecutive days of growth, with the All-Share Index reducing 0.40 per cent.
The index closed lower at 39,031.72 against....
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The management of the Nigerian Breweries Plc has released statement over the fire outbreak that engulfed the factory section of its premises in Iganmu area of Lagos State.
The company, in a statement issued on Sunday by its Corporate Affairs Adviser, Mr Kufre Ekanem, said no life was lost in...
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