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NB Plc Commissions Multi-Billion Naira Ota Brewery Upgrade
Nigerian Breweries Plc on Wednesday commissioned its upgraded brewery in Ota, Ogun State as part of its strategic plan to consolidate its leadership position in the industry. Part of the brewery infrastructure commissioned at the well-attended ceremony included a new PET line, a Water Treatment Plant and a Waste Water Treatment Plant, among twenty one […]
NB Records Resilient Performance In 2016, Delivers 6.7% Revenue Growth Despite Economic Challenges
The Board of Directors of Nigerian Breweries Plc has announced a revenue of N313 billion for the 2016 financial year. The amount represents only a 6.7% growth from the N293 billion it recorded in 2015. An analysis of the audited results shows that Results from Operating Activities declined by 15 percent to close at N52.9 […]
NB Proposes N28b Dividend Payout Despite Drop In Profit
The Board of Directors of Nigerian Breweries Plc has proposed a total dividend of N28, 181, 179 (Twenty eight billion, three hundred and eighty six million, one hundred and eighty one thousand, one hundred and seventy nine naira only), that is, N3.58 (three Naira fifty kobo) per ordinary share of fifty kobo each for approval […]
NSE Commends NB Plc On Corprate Governance
The Chief Executive Officer of The Nigerian Stock Exchange, NSE, Mr. Oscar Onyema has commended Nigerian Breweries Plc for her commitment to corporate governance standards. The NSE CEO made this commendation when the management of Nigerian Breweries Plc visited the Exchange for the closing gong ceremony on Wednesday in Lagos. Speaking during the visit, Onyema […]
Shareholders Applaud Nigerian Breweries’ 2015 Financial Performance
Shareholders of Nigerian Breweries Plc, Nigeria’s foremost brewer, have applauded the company for recording an impressive financial result for 2015. According to the shareholders who spoke at the 70th Annual General Meeting, AGM, of the company held in Lagos on Wednesday, the company’s performance in spite of the very challenging operating environment, stood out as […]
Mr. Nicolaas Vervelde, CEO of NB Plc (right) receiving the 2015 Most Compliant Listed Firm award from Mr. Oscar Onyema, CEO of The Nigerian Stock Exchange
Nigerian Breweries Plc has been named the winner of The Nigerian Stock Exchange CEO’s Distinguished Award for Compliance in 2015. The award also known as the Most Complaint Listed Firm award is given by The NSE to a company that demonstrates the highest degree of compliance with the rules and regulations regarding disclosure obligations of […]
NB Plc proposes N38 billion dividend for 2015, posts resilient results
The Board of Directors of Nigerian Breweries Plc has announced a revenue of N293 billion for the Company in the 2015 financial year. The amount shows a 10.3 per cent increase compared with the N266 billion recorded by the Company in 2014. The results sent to The Nigerian Stock Exchange show that the Company’s shareholders […]
NB Plc posts N293 billion Revenue in 2015, proposes highest ever dividend
The Board of Directors of Nigerian Breweries Plc has announced a 10.3 per cent increase in revenue from N266 billion recorded in 2014 to N293 billion in the 2015 financial year. The 2015 audited results filed with The Nigerian Stock Exchange show that the Company’s shareholders would enjoy a total dividend of N4.80 (Four Naira […]
NB Plc holds 2015 Financial Markets Forum
The 2015 edition of the Nigerian Breweries Plc Financial Markets Forum held recently at Lagos Brewery provided an opportunity for financial analysts and journalists to have a first-hand knowledge of the company’s activities in the current financial year. According to the Managing Director/Chief Executive, Nigerian Breweries Plc, Mr. Nicolaas Vervelde, the forum was held to […]
