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Economic downturn: Nigerian Breweries shuts two breweries in Nigeria

Economic downturn: Nigerian Breweries shuts two breweries in Nigeria
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Hans essaadiNigerian breweryNigerian exchange groupNigerian breweries plc nbNigerian breweries plcNational union of foodNigerian breweriesNb plcTobacco senior staff associationAnn plcHuman resource directorGrace omo lamaiNational unionTobacco employeesFood beverageSix hundred

Hardship: Amid N153bn FX loss, NB CEO decries inability of many Nigerians to afford beer

Hardship: Amid N153bn FX loss, NB CEO decries inability of many Nigerians to afford beer
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Hans essaadiCentral bankNigerian breweries plc nbChief executive officerNigerian breweries plcStar lagerLegend extra stout

NB Plc shareholders approve N13 9bn dividend payout, €110m loan

SHAREHOLDERS of Nigerian Breweries Plc (NB Plc), while applauding the company’s performance, have unanimously approved the dividend payout of N13.87

Uaboi agbebakuHans essaadiBoniface okezieCivic centreNational coordinatorNigerian breweries plcShareholders association of nigeriaProgressive shareholders association of nigeriaHeineken internationalNigerian breweries plc nbNb plcAnnual general meetingChief kola jamoduProgressive shareholders associationChairman emeritusIndependent shareholders association

NB Plc Vs Guinness Plc: The beer review

The Nigerian beverage market has been dominated by Nigerian Breweries Plc (NB Plc) and Guinness Plc for decades. Nigeran Breweries Plc, a subsidiary of Heineken International was the pioneer and began brewing and marketing beer in 1949 (yes, before there was Nigeria). Nigeria also has some history with Guinness Plc, a subsidiary of Diageo as Nigeria was the first location to be selected outside Great Britain to brew the stout lager in 1963. NB Plc has nine breweries across Nigeria with two malting plants, while Guinness has five brewing plants. This picture has since changed as Anheuser-Busch In Bev (AB InBev), the world’s largest beer producer, entered Nigeria in 2016 as International Breweries.

United kingdomGreat britainHeineken internationalNigeran breweries plcNigerian breweriesIb plcGuinness plcInternational breweries ib plcNigerian breweries plcInternational breweriesNb plcNigerian breweries plc nbBreweries plcAnheuser busch inbevGross profitNet income