This week’s stocks to watch list for this week include MTN Nigeria, MRS Oil, and International Breweries. The companies made the cut due to their capital...
The brewery industry is struggling to curb the cost of operations, and this is affecting the net profit of the sector. As the former rose by...
The Chief Executive Officers of International Breweries Limited and Chams Holding have resigned from their positions in the companies. The International Breweries said in a document...
International Breweries said foreign exchange illiquidity and other factors affected the business of the firm, after suffering N3.14 billion net loss in Q3 2022. The brewer...
This week’s stocks to watch is centred around the performance of First Bank, McNichols and International Breweries’ capital market performance in the past week, and how...
As investors exited their investment in Guinness, demand for Champion Brew, International Breweries and Nigerian Breweries in the capital market rose, as rivals gained from Guinness’...
Nigerians spent over N245.61 billion to consume alcoholic and non-alcoholic drinks within three months of this year’s Q1, parting with 31.17% more than they paid for...
Despite spending a whooping N17.67 billion on marketing and advertising, the management of International Breweries Plc couldn’t prevent the company from suffering profit loss in 2021....
Revenue growth from alcohol and drink consumption rose by over 53.8 percent in Q3 2021 according to Ripples Nigeria analysis, as Nigerians spent over N194.04 billion...
The Nigerian stock reported investors traded 2.179 billion shares worth N21.963 billion in 22,438 deals this week. This week’s investment was above the N16.183 billion pumped...
The bears have taken over the alcoholic companies as investors take out their investment from Guinness, Nigerian Breweries, International Breweries despite exit from COVID-19 mystery for...
International Breweries recorded a profit after tax loss of N11.30 billion in the second quarter of this year as the cost of production eats into the...
The International Breweries has canceled dividends for its shareholders for last year after the company’s profit declined during the period. However, its revenue increased to N136.79...
Last week was a good one for investors with the market recording gains in all the four trading days on the back of renewed interest for...
The Nigerian Stock Exchange (NSE) ended the week on a positive note, appreciating by 0.08% – week to date – despite 3 days of loss. The...
Alcoholic beverage maker and a subsidiary of AbInBev, International Breweries has recorded a whopping 130.41% increase in loss after tax in its Q3 2019 financial statement...
It’s the earning season and listed companies are expected to have a closed period, and some will be releasing their Q3 2019 results. Despite the earning...
The stock market on Tuesday extended its Monday’s bearish performance as the key performance indicator of the Nigerian Stock Exchange (NSE), the All Share Index (ASI)...
