Business

Nigerian Breweries shareholders to get N3.29bn dividend for Q3

Ihesiulo Grace 6 November 2022 0

By Temitope Adebayo Nigerian Breweries Plc has announced revenue of N393.336 billion for the Third Quarter (nine months) that ended 30th September 2022. The figure represents an increase of 27.2 % from N309.22 billion recorded in the corresponding period in 2021. In a statement signed by the

Business News

NSE sustains growth by N66bn on Seplat gain

Ihesiulo Grace 8 January 2021 0

Trading activities on the nation’s bourse advanced further by N66 billion to extend gaining streak to two consecutive sessions. The price rally was driven by gains posted by Seplat and 26 other equities. Specifically, the All-Share Index gained 125.70 points or 0.31 per cent to close at 40,590.85 from 40,465.15 achieved on Wednesday. Also, the […]

Business

Nigerian Breweries declares N83.2bn revenue in Q1

Ihesiulo Grace 25 April 2020 0

The Board of Directors of Nigerian Breweries has announced a revenue of N83.2 billion for the first quarter ended March 31. The revenue represented a decrease of 0.09 per cent when compared with N83.3 billion achieved in the corresponding period of 2019. The company during the period under review posted a profit after tax of […]

Business

Nigerian Breweries, two others splash N60bn on marketing

Ihesiulo Grace 26 August 2019 0

Godwin Anyebe About N60 billion was spent on marketing and promotional activities among the top three brewers in Nigeria in 2018, representing the highest that the sector has spent since 2016. Nigerian Breweries which controls more than 50 per cent of the industry’s market share led the chart with close to 24billion devoted to its […]

Business Capital Market

Equities market indices dip by 40% amid profit-taking

Ihesiulo Grace 23 July 2019 0

Temitope Adebayo The equities market of the Nigeria Stock Exchange (NSE) began this week trading activities on on Monday on a downward trend, with major indices shedding 0.40 per cent. Specifically, market capitalisation which opened at N13.606 trillion lost N54 billion or 0.40 per cent to close at N13.552 trillion against N13.606 trillion on Friday. […]

News Nigeria

Customs to investigate Nigerian Breweries over smuggled foreign rice

Ihesiulo Grace 16 May 2018 0

…Intercepts 30 exotic vehicles, 5,516 bags of foreign rice, other items, arrests 14 suspects Following the recent interception of trucks belonging to Nigerian Breweries Plc used in the smuggling of bags of foreign parboiled rice, the Nigerian Customs Service, Federal Operations Unit said it has set up an investigation Committee to ascertain the culpability of […]

Capital Market

Shareholders laud Nigerian Breweries’ results, approve dividend payout

Ihesiulo Grace 23 April 2018 0

Shareholders of Nigerian Breweries Plc have lauded its 2017 financial performance and approved the N33 billion dividend pay-out proposed by the Board. The shareholders who spoke at the 72nd Annual General Meeting of the company held at the Muson Center, Onikan-Lagos on Friday noted that the company’s performance in spite of the very challenging operating […]

Business

Nigerian Breweries announces Jordi Borrut as new MD

Ihesiulo Grace 11 December 2017 0

… changes in management team Nigerian Breweries Plc has announced the appointment of Mr. Jordi Borrut Bel as the Company’s Managing Director/CEO. The company in a statement on Monday said ”The Board has informed the Nigerian Stock Exchange of the appointment and is confident that Mr. Borrut Bel’s track record and broad experience stand him […]

News Nigeria

NB Plc inaugurates new brand into market

Ihesiulo Grace 8 December 2017 0

…comes with unique quality Nigeria’s biggest brewer, Nigerian Breweries, has launched an exciting new brand that captures the changing face of the beer market. Stella Lager Beer was unveiled into the Nigerian market at the Grand Ballroom, Eko Hotel and Suites on the 6th of December, 2017, in the presence of key stakeholders and consumers […]

Business

N8.4m Goldberg’s fund lifts 28 entrepreneurs in Ondo

Ihesiulo Grace 28 November 2017 0

Goldberg, the leading culture centric beer brand from the stables of Nigerian Breweries Plc, on Friday, rewarded 28 entrepreneurs and small-scale business owners operating in Ondo State with a total sum of ₦8.4million through Isedowo, its empowerment initiative. The 28 beneficiaries received a business grant of ₦300,000 each after being selected from a large pool […]

Brands and Marketing

Students charged on talents, career Development

Ihesiulo Grace 27 November 2017 0

Students have been advised to focus on their abilities and talents in order to take advantage of opportunities in their chosen career. Speaking on recently in Lagos at this year’s edition of Beyond the School, an initiative of the Nigerian Breweries/Felix Ohiwerei Education Trust Fund, Emilia Asim-Ita, a Senior Consultant with Thistle Praxis Consulting, enjoined […]

Business Capital Market Crime

Identity theft: SEC arraigns Man over sale of Nigerian Breweries shares

Ihesiulo Grace 31 October 2017 0

The zero tolerance stance on market infractions and fraud of the Securities and Exchange Commission (SEC), received yet another major boost Tuesday when Mr. Oyekun Akinsemoyin was arraigned before the Ikeja magistrate court 1 on charges of conspiracy, forgery, fraud and impersonation contrary to sections 412, 380 and 368 of the Lagos state criminal code. […]

Capital Market News

Nigerian Breweries under Police Investigation

Ihesiulo Grace 26 January 2017 0

Nigerian Breweries (NB) has said its top management staff have been invited to the Force Headquarters (Police), Abuja for questioning based on a petition.   The company in a statement to the Nigerian Stock Exchange (NSE) on Wednesday said “The petition was written by the lawyers of TMDK Oil Traders (TMDK) to the Attorney General of the Federation […]

Celebrities Entertainment Life & Times Music

Flavour lands endorsement deal

Ihesiulo Grace 28 April 2016 0

Light skinned singer and Golibe crooner, Flavour N’abania has just landed a mouth-watery deal with Life Beer made by Nigerian Breweries. Excited Flavour who could not curtail his joy took to his Instagram page yesterday to make the announcement public. Flavour who recently threw a party for his aged father captioned the photo, “Life is […]

Business Economy

Nigerian Brewers Striding Confidently in an Unstable Economy

Ihesiulo Grace 7 May 2015 0

The Nigerian Economic landscape has witnessed unprecedented headwinds in recent times. However, the brewery Industry seems to be doing well amidst these economic avalanches.     No doubt the uncertainty in the economy occasioned by the age of global oil glut and falling prices, has created a sense of panic and caution in the economies […]

Brands and Marketing Business

Goldberg Connects with Consumers with Fuji T’O Bam

Ihesiulo Grace 22 April 2015 0

Fuji music will once again take centre stage as Goldberg, a lager beer brand from the stable of Nigerian Breweries Plc is set to put the music on the global map as the third edition of Fuji T’o Bam (a Fuji talent hunt show) begins. Fuji T’o Bam is an indigenous music activation platform of […]

Brands and Marketing Business

Ace Roots Debuts in Ibadan

Ihesiulo Grace 16 April 2015 0

Nigerian Breweries Plc stormed the ancient city of Ibadan recently with the Trade Launch/unveiling of its new product, Ace Roots to traders, distributors, retailers, entertainment spot operators and teeming consumers in the Ibadan, Oyo, Ogbomosho, Oshogbo, Ilesha/Esa-Oke trade zone. Speaking at the launch of the new product, the company’s Zonal Business Manager – West,

Business

Star Introduces ‘Football Superfans’

Ihesiulo Grace 27 March 2015 0

Nigerian Breweries, manufacturer of Star beer, has introduced a new football platform called Star Football Superfans, which is set to recognise, celebrate and reward the passion of football fans and winners for decade. Sponsored by Nigeria’s premier beer, Star Lager, the campaign is set to run in selected bars across the country as well as […]