The Lagos state government has announced the temporary closure of the Nigerian Breweries level crossing from Friday, 18th to Monday, 21st of December, 2020. A statement by the State ministry of transportation said the closure was to enable the continuation of construction works on the tracks of the Nigerian Railway Modernisation Project. According to the…
Nigerian Breweries Plc has announced the recent appointment of Mrs Sade Morgan as its Corporate Affairs Director and member of the Nigerian Breweries Executive Committee (EXCO) reporting in this capacity to its Managing Director/Chief Executive Officer, Jordi Borrut Bel. In her role as Corporate Affairs Director, Mrs Morgan will strengthen the company’s non-crisis stakeholder relations…
An interim dividend of N4,798,141,231 has been approved by the Board of Directors of Nigerian Breweries Plc. This represents 60 (sixty) kobo per ordinary share of 50 kobo in the share capital of the company, for the period ended September 30, 2018. The interim dividend, which is subject to the deduction of withholding tax, is…
Nigerian Breweries Plc has announced a Profit after Tax of N18 billion for the first half of2018, according to the unaudited financial results released to The Nigerian Stock Exchange. The N18 billion represents a 22 per cent decrease over the N24 billion recorded in thecorresponding period in 2017.An analysis of the filing sent to The…
Last Friday in Lagos, brewing giant, Nigerian Breweries Plc, held an award ceremony to celebrate its distributors and trade partners who excelled in the course of their business partnerships with the company in the last year. During the occasion, Uche Unigwe, the company’s Sale Director, said the theme of this year’s award ‘Winning More Together’,…
Foremost brewer in the country, Nigerian Breweries Plc, has recommended a total dividend of N33 billion for the 2017 financial year. The recommendation, which amounts to a total dividend of N4.13 per ordinary share of 50 kobo each is a 100% payout, making it the third year in a row that the company is delivering…
It is a good year for shareholders of Nigerian Breweries Plc as the Board of Directors of the company has announced its results for the 2017 operating year with a dividend recommendation of N33 billion. The recommendation, which amounts to a total dividend of N4.13 per share for the 2017 operating year was part of…
Last week, Nigerian Breweries Plc, the foremost brewer in the country, launched the first zobo-flavoured alcoholic drink into the Nigerian market. It was its latest addition into the Ready-to-Drink (RTD) market. The launch was held in Lagos and the Marketing Director of Nigerian Breweries Plc, Franco Maria Maggi, explained to journalists that the Ace Desire…
Nigerian Breweries Plc, the foremost brewer in the country, has explained that the N314 billion revenue it recorded in the 2016 financial year is as a result of its twin agenda of Cost Leadership and Market Leadership supported by Innovation. Managing Director of the Company, Mr. Nicolaas Vervelde explained to journalists at a media briefing…
The Board of Directors of Nigerian Breweries Plc has declared a profit after tax of N11.44 billion for the first quarter of 2017. The unaudited and provisional results sent to the Nigerian Stock Exchange shows that the amount represents a 9 percent increase over the N10.45 billion recorded in the same period in 2016. According…