Nigerian Breweries, CrossBoundary Energy sign $10 million renewable energy contract for Ibadan and Enugu Breweries
Lagos and Nairobi – Today, Nigerian Breweries Plc (NB) and CrossBoundary Energy announced the commencement of two renewable energy (solar and battery storage hybrid) projects for NB Plc’s Ibadan and Ama breweries in Oyo and Enugu States. Valued at the sum of $10 million, this will be one of the largest renewable energy projects for […]
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 […]
Nigerian Breweries Plc Records N274.03 billion Revenue, Declares N19.08b Profit For H1, 2022.
The Board of Directors, Nigerian Breweries Plc-Nigeria’s foremost brewing company, has announced a total sum of ₦274.03billion as revenue for the first half of the 2022 financial year, which ended on June 30, 2022. The company also recorded a Profit After Tax (PAT) of ₦19.08 billion during the period. According to the unaudited report and […]
Nigerian Breweries MD advocates sorghum as a focus crop under the ‘Anchor Borrowers’ Programme’
Anchor Borrowers Programme: FG should prioritize sorghum as a focus crop. The Managing Director of Nigerian Breweries Plc, Hans Essaadi, has advocated the need for the Federal Government to place sorghum as a focus crop under its ‘Anchor Borrower Programme’ given the growing demand and usage by many manufacturing companies in its production processes. Essaadi […]
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 […]
Hans Essaadi Resumes as MD/CEO, Nigerian Breweries Plc.
The board and management of Nigerian Breweries Plc – the leading brewer in the country, has confirmed the resumption of duty of its new Managing Director and Chief Executive Officer, Hans Essaadi, effective Monday, August 2, 2021. An industry veteran with 30 years’ experience, Essaadi who was appointed CEO designate in May replaces Jordi Borrut […]
Q3 2021: NB Plc Records N309.22billion Revenue, Declares N8.47b as Profit
Nigerian Breweries Plc, the foremost brewer and leading beverage company in Nigeria has announced its figures for the 3rd quarter of 2021, delivering N309.22 billion in revenues for the third quarter of the 2021 financial year. The revenue represents an increase of 32.1% from N234.02billion recorded in the corresponding period in 2020. Further breakdown of […]
Nigerian Breweries Plc Certified as a Great Place to Work
The board and management of Nigerian Breweries Plc – the leading brewer in the country, has confirmed the resumption of duty of its new Managing Director and Chief Executive Officer, Hans Essaadi, effective Monday, August 2, 2021. An industry veteran with 30 years’ experience, Essaadi who was appointed CEO designate in May replaces Jordi Borrut […]
