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 […]

Nigerian Breweries Plc appoints Ayodele Lawal as Sales Director

Nigerian Breweries Plc today announced the appointment of Mr. Ayodele Lawal as its new Sales Director. His appointment takes effect from May 1, 2023, and he will be responsible for overseeing Nigerian Breweries’ Sales strategy and execution across Nigeria. Mr. Lawal replaces Mr. Uche Unigwe, who is retiring from the Company on attaining the mandatory […]

NB Plc appoints 2 New Board Members – Ibrahim Puri and Ben Wessels Boers.

Nigerian Breweries Plc has announced the appointment of two new Board Members – Mr. Ibrahim Puri from Nigeria and Mr.Ben Wessels Boer from Netherlands, who will also serve as the new Finance Director of the company. In a notice to the Nigeria Exchange Limited, signed by the Company Secretary/ Legal Director, Uaboi Agbebaku, the appointment […]

NB Plc Partners with Konexa to Deliver 100% Renewable Energy to its Kaduna Breweries

Nigeria’s largest brewer, Nigerian Breweries Plc yesterday signed a historic power purchase agreement with Konexa an integrated energy development and investment platform to deliver 100% renewable energy that will fully cover the electricity needs of its two breweries in Kaduna state. This bold step is in line with its business strategy and ‘Brew a Better […]

Stakeholders laud Nigerian Breweries N56billion investment in Ama Brewery expansion

/*! elementor – v3.6.5 – 27-04-2022 */ .elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px} Stakeholders including the Central Bank of Nigeria (CBN), Enugu State Government, and the Federal Ministry of Industry, Trade & Investment have commended Nigerian Breweries Plc for taking the bold decision to commence civil works on the expansion of Ama Brewery in […]

Nigerian Breweries Plc Records N437.196 Billion Revenue In 2021 Financial Year

The Board of Directors of Nigerian Breweries Plc has released its audited financial statement for the year ended 31 December 2021, declaring a revenue of N437.196 billion. This represents a 29.7% increase when compared to N337.006 billion recorded during the corresponding period in 2020. A further breakdown of the audited results show that the Company’s […]

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