Business Hilights

Tracking Nigeria's Headline Business News Online

Nigerian Breweries (NB) Plc

Why NBPlc is pioneering solar powered brewery in Nigeria—Borrut Bel

The Managing Director of Nigerian Breweries (NB) Plc, Jordi Borrut Bel has given additional details on the key factors that encouraged the company to partner CrossBoundary Energy Group in the sealed Heineken’s first solar project in Africa. In an interview,…

Analysts differ with Nigerian Breweries on why it’s H1 2018 profit dropped by 22%

Contrary to claims by the Nigerian Breweries (NB) Plc that its half year profit came down by 22 per cent due to the new excise duty regime and higher tax on beer introduced by the Federal Government in June 2018,…

Nigerian Breweries names Phyno Brand Amb to raise market share of Life Lager Beer

In view of the stiff competition in the market share of beer in Nigeria, Nigerian Breweries (NB) Plc. has started a strategic build up to shore up market visibility of one of its stables, Life Continental Lager Beer. Accordingly, the…

Breakthrough as NB completes backward integration in packaging materials

In view of reducing capital flights and increasing local content in production, the Nigerian Breweries (NB) Plc, has attained 99 per cent in sourcing packaging materials locally. Corporate Communications and Brand Public Relations Manager of the company, Mr. Patrick Olowookere,…