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Business

Over 370 Workers Exit Nigerian Breweries As Dollar Scarcity Pushes Company’s Loss To N106.3bn

Nigerian Breweries Plc’s workforce has been reduced by 380 workers as the brewer struggled with the loss induced by surging cost and the naira...

Business

Champion Breweries Plc posts revenue decline of 13.23% in Q2 2023

Profit after tax for the 6 months period was N29.073 million, down by 97.3% from N1.076 billion reported the previous year.Earnings per share of...

Business

Akwa Ibom Govt Stops Heineken’s Full Take-Over Bid Of Champion Breweries

Akwa Ibom Investment Corporation is the biggest obstacle hindering the mandatory takeover of minority shares of Champion Breweries Plc by Raysun Nigeria Limited, a...

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