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Nigerian Breweries Secures South Africa’s Approval To Acquire Distell Wines

Nigerian Breweries (NB) has completed the acquisition of a majority stake in Distell Wines and Spirits Nigeria Limited (Distell Nigeria), the company said in...

News

A Delicious Collaboration: Providus Bank And Awari Announce Burger Week 2024

Bun, Mayo, Cheese, Lettuce and ten days of vibes. Get ready to indulge in mouthwatering burgers as Burger Week sets to make its triumphant...

Business

Shareholders back Nigerian Breweries’ bid to raise N600bn

The shareholders’ associations in Nigeria have declared their support for plans by Nigerian Breweries Plc to raise N600 billion through Rights Issues. This followed...

Business

Massive Job Loses Looms As Nigerian Breweries Shutdown Two Factories

Workers of Nigerian Breweries Plc are set to lose their jobs as the brewer is shutting down two of its nine factories in Nigeria...

Business

Nigerian Breweries to raise N600bn via rights issue to tackle debt burden from losses

Nigerian Breweries Plc has unveiled plans to raise up to N600 billion through a rights issue to address the debt challenges posed by the...

Business

To Avoid Repeat Of Losses Recorded In 2023, Nigerian Breweries Effects Another Price Increment

Nigerian Breweries Plc has fallen back on price increment to avert a repeat of the losses it made in 2023.Last year was terrible for...

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...

News

Asue Ighodalo resigns as Nigerian Breweries chairman, to face Edo guber race

Uaboi Agbebaku, the company secretary, in a corporate filing on the Nigerian Exchange Limited (NGX), on Friday, said there were other changes in its...

Business

Asue Ighodalo Resigns As Nigerian Breweries Chairman, Heads For Public Service

The Chairman of Nigerian Breweries Plc, Aue Ighodalo, has resigned from his role on the board of the company.The company announced on Friday that...

Business

Nigerian Breweries To Venture Into Production Of Wines, Spirits With Planned Acquisition Of Distell Ltd

Nigerian Breweries Plc has asked its shareholders to approve its plan to acquire 80 per cent of Distell Wines and Spirits Ltd.The company made...

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