Nigerian Breweries Reports 2023 Full Year Results

Key Highlights Nigeria’s brewing giant, Nigerian Breweries Plc, has announced its audited results for the period ended 31st December 2023, revealing a net loss of N106 billion during the year, largely induced by the impact of the devaluation of the naira on its foreign exchange transactions. The audited results which were released to the Nigerian […]

Nigerian Breweries Plc’s shareholders approve acquisition of Distell Nigeria

Shareholders of Nigerian Breweries Plc, Nigeria’s foremost brewing company, have overwhelmingly approved the acquisition of an 80% stake in Distell Wines and Spirits Nigeria Limited (Distell Nigeria) and the import business of Heineken Beverages (Holdings) Limited (Heineken Beverages).The approval was given at the company’s Extraordinary General Meeting (EGM) held on Wednesday, December 20, 2023, at […]

Nigerian Breweries Plc appoints Ayodele Alabi as Head of Integrated Communications

Nigerian Breweries Plc-Nigeria’s foremost brewing company has announced the appointment of Ayodele Alabi as Head of Integrated Communications. According to a statement signed by the Corporate Affairs Director, Nigerian Breweries Plc, Sade Morgan, the appointment takes immediate effect. Alabi is a seasoned professional with 12 years of varied and extensive experience in strategic corporate communications, […]

Lagos Teacher, Adeola Adefemi Emerges 2023 Maltina Teacher of the Year

Adeola Adedunke Adefemi of Keke Senior High School, Agege, Lagos has emerged the winner of the 9th edition of the coveted Maltina Teacher of the Year Competition at the Grand Finale held in Lagos on Friday, October 20, 2023. Adefemi, having emerged as the winner, received a total cash prize of N6.5 million. Additionally, she […]

Nigerian Breweries Plc honors and celebrates former chairman, Chief Kola Jamodu.

Nigerian Breweries Plc hosted an elegant send-forth dinner on Wednesday, July 26th, 2023, in honour of Chief Kola Jamodu (CFR) who retired recently as Chairman. The event was attended by top government functionaries, captains of industries, notable personalities, as well as families and friends. The dinner, held at The Jewel Aeida, Lekki Phase 1, Lagos, […]

Entries open for the 2023 Maltina Teacher of the Year Competition

The Nigeria Breweries-Felix Ohiwerei Education Trust Fund is excited to announce the opening of entries for the 9th edition of the highly anticipated Maltina Teacher of the Year competition. This nationwide search for the best secondary school teacher aims to recognize and reward exceptional educators who are shaping the future of our country. Entries for […]

Nigerian Breweries Plc to Acquire 80% Stake in Distell Wines and Spirits Nigeria Limited

Nigerian Breweries Plc- Nigeria’s foremost brewing company has concluded plans to acquire 80%  stake in Distell Wines and Spirits Nigeria Limited as part of efforts to capture significant growth opportunities in the wines and spirits segment of the brewing industry. The announcement is contained in a notification of proposal sent to Nigeria Exchange Limited and […]

Nigerian Breweries shareholders approve N13.87 billion dividend payout

Shareholders of Nigeria’s foremost brewing company, Nigerian Breweries Plc, have unanimously approved the dividend payout of N13.87 billion for the 2022 financial year. The dividend was approved at the 77th Annual General Meeting of the company held at the Civic Centre in Lagos on Wednesday, April 26, 2023. The shareholders equally authorised an intercompany loan […]

We use cookies to deliver the best possible experience on our website. To learn more, visit our PRIVACY POLICY. By continuing to use this site or closing this box, you consent to our use of cookies. VIEW COOKIE POLICY