The shareholders’ associations in Nigeria have declared their support for plans by Nigerian Breweries Plc to raise N600 billion through Rights Issues. This followed the foreign...
Nigerian Breweries Plc has unveiled plans to raise up to N600 billion through a rights issue to address the debt challenges posed by the Naira devaluation...
Nigerian Breweries, Access Holdings and MTN Nigeria are stocks to watch out for this week, as the Nigerian bourse resumes for another trading week. Ripples Nigeria...
Nigerian Breweries has disclosed that the company is in need of N25 billion to meet its capital requirement for the brewer’s operation. The drink producer made...
Transnational Corporation (Transcorp) Plc, Access Holdings and Nigerian Breweries are some of the stocks to watch out for this week. Ripples Nigeria stocks watchlist is a...
Nigerian Breweries’ majority investor in Nigeria, Kolawole B. Jamodu, will exit the company after 14 years. He will officially leave the company on April 30, 2023....
The operation of Nigerian Breweries was negatively impacted by the Naira redesign policy of the Central Bank of Nigeria (CBN) in the first quarter (Q1) of...
Trading in the Nigerian stock market resumes on Monday, with MTN Nigeria, FCMB and Nigerian Breweries making the list of stocks to watch. Ripples Nigeria stocks...
Nigerian Breweries have been slammed with various lawsuits that could cost the firm 17.9 per cent of its net profit, Ripples Nigeria has learnt. It was...
The shareholders of Nigerian Breweries will earn N13.8 billion from dividends for the 2022 period due to their equity investments in the brewery company. In its...
Flour Mills of Nigeria (FMN), Unilever, and Nigerian Breweries are some of the stocks to watch this week after the equity market resumes trading. Ripples Nigeria...
The Nigerian capital market recorded a positive return on investments with the equity capitalization closing at N24.23 trillion at the close of trading on Friday. The...
Nigerian Breweries, Guinness and Honeywell made it into the list of stocks to watch this week, as the stock market resumes trading for another week. Ripples...
Alcoholic and non-alcoholic producers in the Nigerian market cashed in on heavy drinkers in the first six months of 2022, as their turnover for the period...
As the stock exchange returned to its five days trading activities calendar this week, after the two-day Eid-ul-Fitr holiday last week, Ripples Nigeria brings you five...
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...
Nigerian Breweries has offered to pay shareholders N1.60kobo per share as dividend for the year ended 2021. The decision was taken at the company’s Annual General...
Nigerian Breweries, International Breweries, BUA Foods and Unity Bank should be on your stocks to watch list for this week, as the companies struggle with government...
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...
