Prices of soft drinks rise amid FX woes, inflationary pressure

Prices of soft drinks are on the rise as the industry continues to grapple with the fallout from macroeconomic headwinds induced by the drop in oil price. Nigerian Bottling Company (NBC), the More »

How brewers are selling beer with folklore

As Nigeria’s recession deepens and consumers pockets are squeezed, majority of those still drinking have shifted their beer preferences to value or low cost brands. Nigerian Breweries Plc, the country’s leading brewer More »

Category Archives: Beer

Life Continental Beer unveils 2018 edition of “Progress Booster”

Life Continental Lager Beer, a brand from the stable of Nigerian Breweries Plc, has concluded plans to launch the fourth edition of its “Life Progress Booster” promo, an initiative by the brand to promote small and medium scale enterprises (SMEs) in the South Eastern states of Abia, Anambra, Enugu, Ebonyi, Imo, Delta and Rivers, where the brand is the market leader.

According to the brand handlers, the scheme is meant to boost the entrepreneurial spirit of Igbo men and women across the South East states of Nigeria as the brand launched the 2018 edition of its famous Life Beer Progress Booster in Enugu.

NB seeks to expand leadership in premium lager, scale-up mainstream and drive malt growth

Nigerian Breweries Plc (“NB Plc”), the country’s largest brewer by volume and sales has set a goal to expand its leadership in premium lager, build scale in mainstream segment (formerly value segment) and drive malt growth as it counters stiff competition from rivals – International Breweries Plc, a subsidiary of AB InBev and Guinness Nigeria Plc.

Lagos to host 2nd ‘Nigeria Beer Festival’

Lagos State is set to host the second edition of the Nigeria Beer Festival, between September 25 to October 1, 2018.

The annual event is being organised in partnership with beer brewers in the country and their counterparts across the globe to create maximum excitement during the week-long fiesta. It will climax with the Independence Day Mega Concert to commemorate Nigeria’s independence.

Guinness Nigeria finishes year on a high

Guinness Nigeria Plc, said on Thursday that net profit for the full year ending on June 30 grew 249% to N6.7bn, from N1.9bn in the previous year.

The company best known for its popular Guinness Foreign Extra Stout among a roster of other brands, and in more recent years has broadened its offerings to include International Premium Sprits brands (IPS), said that profit growth was helped by a 14% growth in revenue to N143bn. The firm’s Operating Profit rose by 31.4% to N13.3bn, benefiting from productivity gains. The company noted that its marketing spend increased by 18% demonstrating a sustained investment behind its brands. The company saw a 28% reduction in administrative expenses, while net finance cost declined by 54% to N3.4bn, from N7.5bn, benefiting from the N40bn rights issue it launched last year.

Int’l Breweries unveils new N90bn brewery in Sagamu

International Breweries Plc, has commissioned its N90bn ($250m) state-of-the art brewery in Sagamu, Ogun State.

The brewer which is the Nigerian subsidiary of Anheuser-Busch InBev has promised to create 600 direct and over 2000 indirect jobs along the value chain.

Nigeria’s President, Muhammadu Buhari, who commissioned the plant on Tuesday restated the government’s commitment to securing the business environment so that foreign direct investment (FDI) could flow into the country.

Nigerian Breweries appoints Nigerian as new Marketing Director

Nigerian Breweries Plc (“NB Plc”), has announced the appointment of Mr Emmanuel Oriakhi, a Nigerian as its new Marketing Director. He succeeds Mr Franco Maria Maggi whose secondment at the brewing company ended at the end of August. Maggi will take up a new assignment at the Heineken headquarters in Amsterdam.

According to a statement by (“NB”), Mr Oriakhi joined the company in 2003 as a Commercial Management Trainee and held increasingly senior roles within the Commercial Function of the company.

Nigerian Breweries delivers block of classrooms, furniture, library, and books to Kano State Government

The Governor of Kano State, Abdullahi Ganduje, has commended Nigerian Breweries Plc for its contribution to the education sector in Kano State, saying the brewing giant has made his job easier.

The Governor was speaking while receiving a block of eight classrooms, furniture, library and books at the Government Technical College, Gwale, donated by the brewing company.

Also speaking at the event, the Emir of Kano, His Royal Highness Muhammadu Sanusi II, in a goodwill message, said Nigerian Breweries has added value to Kano people through its Corporate Social Responsibility (CSR) platform, adding “Maltina is no doubt our pride in CSR and other corporate bodies in Kano State should follow suit.”

International Breweries sets August 28th for commissioning of newly built Sagamu brewery

International Breweries Plc (“IB plc”), the Nigerian unit of Anheuser-Busch InBev has announced Tuesday, August 28 as the date it will commission its newly built brewery.

The new brewery which was constructed at a cost of US$250 million will be commissioned by Nigeria’s President, Muhammadu Buhari.

Beta Glass names Ayobami Adebisi as new Company Secretary

Beta Glass Plc announced on Thursday the appointment of Ms. Adebola Ayobami Adebisi as its new Company Secretary effective 5 July 2018.

According to the company, Ms. Adebisi will replace Ms. Y. Titi Talabi.

Beta Glass sees growth acceleration continue in the second quarter

Beta Glass Plc reported a strong first half in 2018, a continuation of the growth acceleration begun in the first quarter. The company saw revenue growth of 49% to ₦13.1bn, driven by a 54% sales surge in the second quarter to ₦6.7bn.