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Vanguard News NB records 4.3% increase in revenue to N337bn On Kindly Share This Story: Nigerian Breweries, NB Plc has recorded revenue of N337 billion for the year ended December 2020, representing an increase of 4.3 per cent from N323 billion recorded in the corresponding period of 2019. The company however recorded a 53 per cent fall in its profit after tax to N7.52 billion in 2020 from N16.1 billion in the corresponding period of 2019.  In the statement signed by the Company Secretary/Legal Director, Uaboi Agbebaku, the Board of Directors of NB commended the company’s management for i...

Chris Uba The Nigerian Breweries (NB) Plc has inaugurated a multi-billion naira ultra-modern automated Polyethylene Terephthalate PET) line at Ijebu Ode, Ogun State. The facility was built to further deepen availability of the brewer’s non-alcoholic product portfolio. The facility which is located along the outskirt of the city was a fresh investment amounting to N5 billion and will several direct and indirect jobs for indigenes of the state. The new ultra-modern automated PET line has the capacity to produce 24, 000 bottles of drink per hour. The line was designed with the latest technolog...

This file may not be suitable for users of assistive technology. Request an accessible format. If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email publications@insolvency.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use. Details Summary of complaint: This Order is made in relation to a complaint that Mr Haskew, in his capacity as Joint Administrator of A Limited: Between 13 November 2014 and 18 February 2016, failed to identify in accorda...

Vanguard News NB commissions N5bn automated PET line On By Providence Adeyinka ECONOMY Nigerian Breweries, NB Plc, has commissioned a N5 billion ultramodern automated production line for manufacturing of pet plastic bottles for its products at its Ijebu Ode Brewery, Ogun State. Meanwhile, the brewing giant said it has been listed as one of the highest tax paying companies in Nigeria with tax and duty payments amounting to N326 billion made over the last five years. Speaking at the official commissioning of the new facility, Managing Director/Chief Executive, NB, Mr Jordi Borrut Bel, said tha...