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...
SCOA, MTN Nigeria, Oando and Nigerian Breweries made the list of stocks to watch this week, for various reasons that includes market capital and operational activities....
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...
An insider dealing occurred in Nigerian Breweries in the second week of last month after Distilled Trading International B.V. acquired more shares in the company. Insider...
Nestle Nigeria, Nigerian Breweries, MTN Nigeria and Mutial Benefit made the stocks to watch list this week with their on and off capital market activities which...
Guinness Nigeria shareholders saw their rival, Guinness, gain as they lost about N1 billion during the same period. The end of trading last week showed investors...
Nigerian Breweries shareholders are popping the champagne to celebrate an impressive week that added about N20 billion to their investment in the company. The company started...
The head of Al-Haram Beverages, the Heineken Operating Company in Egypt, C, has been appointed as the new Managing Director of Nigerian Breweries Plc. However, Essaadi’s...
Nigerian Breweries reported a significant rise in revenue for the first quarter of this year, but marketing expenses and cost of sales is biting into the...
Last week, the Nigerian Stock Exchange (NSE) underperformed, with the decliners rising above the gainers. However, despite the lose to investors, some companies caught the eye...
Few months after Heineken invested over N200 million in Nigerian Breweries, the Dutch company plans to sack 8,000 workers across its markets. Heineken decided to cut...
The Nigerian Stock Exchange was mostly bearish last week, as investors across several companies engaged in a sell-off to protect their profit, while others dumped shares...
The management of Nigerian Breweries has rejected the ruling by the Ondo State High Court which directed the company to pay N169 million as haulage fee...
The Nigerian bourse posted gains in all its trading sessions last week as cumulative gains came to about a trillion naira, the corporate actions, developments and...
Nigerian Breweries Plc Thursday said it would pay its shareholders an interim dividend of N0.25 on every unit of common stock held by its shareholders. This...
The equity section of the Nigerian Stock Exchange (NSE) advanced further on Thursday with market capitalisation rising by N106.720 billion on the back of buy pressure...
Dutch brewing company, Heineken N.V., has upped its majority stake in Nigerian Breweries Plc, Nigeria’s biggest brewer. As of 30th June 2020, according to Nigerian Breweries half-year...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market, mainstream business activities...
Beer maker, Nigerian Breweries Plc, has reported a 58% contraction in its top line for the first of half of 2020 as turnover fell to N151.810 billion...
Nigeria’s oldest and biggest brewer, Nigerian Breweries Plc Thursday reported a 30.93% fall in its earnings for First Quarter 2020, compared to the corresponding period of 2019. The...
The Nigerian bourse recorded gains in all its sessions last week, making it one of the best weekly performances so far this year. We have selected...
The market recorded gains in all its four sessions this week with no activity recorded on Monday being public holiday commemorating Easter. Nigerian Breweries, Conoil and...
Nigerian Breweries PLC Thursday announced it was floating a commercial paper aimed at generating capital in the neighbourhood of N48 billion from the investing public. Commercial...
For its 10th year edition, the South African Breweries, SAB, through its independent funding trust, the SAB Foundation, is set to reward a new cohort of...
The Nigerian Stock Exchange (NSE) remained largely bearish last week, further sustaining the downturn that had crippled market activities in recent times. There were two intervening...
The path to stable recovery still seems far ahead for the Nigerian equity market considering that this week marks its third straight loss this year. As...
The 2019 Annual Report and Accounts of Nigeria’s largest brewer, Nigerian Breweries Plc, has revealed a 17% or N3.296 billion drop in its after-tax profit for Full Year...
Nigeria’s largest brewer, Nigerian Breweries Plc, has announced the continuation of its Commercial Paper programme by launching the Series 5 and 6 of the programme, which...
Despite having 3 days of bullish run, it wasn’t enough to stop the Nigerian Stock Exchange (NSE) from closing on a bearish note. The week saw...
Last week was a bearish one for the Nigerian Stock Exchange (NSE), with the market shedding 1.68%. Out of the traded stocks we have carefully curated...
The 2019 general elections and the heated political climate in the country have taken a toll on the nation’s stock market, as investors on the Nigerian...
The board of directors of Nigerian Breweries Plc. has recommended an interim dividend of N4.8 billion to its shareholders. The total dividend translates to 60 kobo...
Trading on the floor of the Nigerian Stock Exchange (NSE) turned bearish on Monday to open the new week after recording gains in the last two...
The Nigerian Stock Exchange (NSE) on Thursday recorded another bearish performance for the third consecutive trading session in spite of positive investors’ sentiment. Today’s negative performance...
The Nigerian Stock Exchange (NSE) on Tuesday extended its bearish performance for the third consecutive trading session on the back of losses in market bellwethers to...
The Nigerian Stock Exchange (NSE) on Thursday extended its bearish performance for the second trading session on sustained profit taking activities, even as 28 stocks advanced...
After bearish performance was sustained at the Nigeria Stock Exchange (NSE) for 11 consecutive trading sessions, the equities market rebounded on Monday to halt the longest...
The Nigeria Stock Exchange (NSE) sustained a weak performance throughout May, causing the market to hit its worst monthly decline in over 2 years amid continous...
The stock market closed with a bearish performance for the 9th consecutive trading session on Wednesday amid massive sell-offs in profit taking in stocks. Sell pressures...
Nigerian equities continued on the downtrend on Wednesday as investors showed preference for profit-taking than dividend yields. Equities dropped by 0.46 per cent on Wednesday, equivalent...
Nigeria’s largest brewer–Nigerian Breweries Plc– will be distributing a final dividend of N25 billion for the 2017 business year, raising the total payout for the year...
Nigerian Breweries Plc on Wednesday listed 67.8 million ordinary shares of 50 kobo each. The supplementary shares were due to the scrip dividend scheme offered by...
Nigerian equities continued on the uptrend on Thursday, the seventh consecutive positive trading session in a sustained rally that had seen the average year-to-date return at...
It is the best in more than three years for the Nigerian investors. Nigerian equities on Tuesday rallied to a 37-month high as average year-to-date return...
Nigeria’s second most capitalised quoted company-Nigerian Breweries Plc, is considering making major changes in the composition of its board of directors. A regulatory filing indicated that...
Nigerian equities traded on a tight balance of profit-taking and bargain-hunting on Thursday but the decline in the share prices of Nigeria’s two most capitalised quoted...
Nigeria’s two largest breweries-Nigerian Breweries and Guinness Nigeria, led the bullish run to sustain the rally at the Nigerian stock market on Wednesday as investors remained...
The underlying sentiment at the Nigerian stock market remained bullish as the market reopened on Monday but losses recorded by some highly capitalised stocks, especially Nigerian...
Nigerian Breweries Plc, Nigeria’s second most capitalised company, has appointed Mr. Johan Antonie Doyer as its new managing director and chief executive. Doyer’s appointment takes effect...
Nigeria’s two leading breweries, Nigerian Breweries (NB) Plc and Guinness Nigeria Plc braced up the overall market position at the Nigerian Stock Exchange (NSE) to a...
