See why many may lose jobs as Nigerian Breweries shuts down two breweries

  • Nigerian Breweries has announced a recovery plan after reporting a loss of about N153 billion in 2023
  • The figure represents the highest foreign exchange loss in the company’s history since it began operations in Nigeria
  • Part of the strategy to recover includes the temporary closure of two of its nine breweries across Nigeria

Legit.ng journalist Victor Enengedi has over a decade’s experience covering Energy, MSMEs, Technology and the stock market.

Nigerian Breweries Plc has announced intentions to temporarily close two of its nine breweries nationwide.