Why Nigerian Breweries reported decent Q4-19 upon operating challenges
Leading capital market analyst group, Cordros Securities has given insights on why the Nigerian Breweries reported a decent Q4-19 result despite the challenging operating environment. The new report showed that the company’s revenue growth hit a nine-quarter high, and gross…
Five factors that will make or mar brewing sub-sector in 2020
Fresh outlook for the Nigerian Consumer Goods Sector, with a key focus on the Brewers by Cordros Securities has identified four factors that will shape the Nigerian brewing industry from next year. In a new report made available to our…
How AB InBev’s Hero brand is changing Nigeria’s beer market narratives
Fact check showed the first strategic move by AB InBev in assuming a commanding status in the Nigerian beer market was the deal with the Onitsha based brewery, the original producers of Hero beer, a beverage so dear to many…
Amstel Malt contains more sugar than stated on container, Prof tells Court
Aggrieved chemical expert and former vice-chancellor, Benson Idahosa University (BIU), Prof. Ernest Izevbigie, has dragged Nigerian Breweries to a Benin High Court for misleading people about the sugar content of its leading malt drink, Amstel Malt. Izevbigie, a Professor of…
Boston Consulting Group lists Glo, others as driver of African integration, growth
A global management consulting firm, Boston Consulting Group (BCG), has named Nigeria telecommunication giant, Globacom, as one of the African companies pioneering economic integration across the continent. In a report entitled, ‘Pioneering One Africa: African Corporations Trail-blazing across the Continent’,…
