Tag Archives: Nigerian Breweries

“33” Export Lager marks World Friendship Day at the ‘City of Friends’

“33” Export Lager beer, a premium brand from the portfolio of Nigerian Breweries Plc, celebrated World Friendship Day at the ‘City of Friends’ in Lagos.

The event brought together friends and consumers of the brand including celebrities such as Timi Dakolo, A’rese Emokpae, Wale Ojo and many others.

The occasion which kicked-off on 28th July through 30th July took place at the beachfront behind Landmark Centre, Oniru, Lagos and featured top Nigerian entertainers such as Femi Kuti, Flavour N’abania, MI Abaga, Cynthia Morgan, Seyi Shay and many more as well as consumers of the brand. Gideon Okeke officiated the event.

Nigerian Breweries sustains momentum as half-year profit surge 24%

Nigerian Breweries Plc, said on Friday that the benefits of the price increases it took in 2016 to mitigate the effects of skyrocketing inflation and foreign currency challenges continued into its first-half results.

The company declared a 15% growth in revenue for the first six months of its financial year. Sales grew to N181bn, from N157bn from the previous year.

Heineken Africa Foundation, Nigerian Breweries donate neonatal equipment to LUTH

Heineken Africa Foundation (HAF), in partnership with Nigerian Breweries Plc (NB PLC), on Thursday, July 13, 2017 commissioned an upgraded neonatal ward at the Lagos University Teaching Hospital (LUTH).

The upgrade involved a physical and infrastructural revamp of electrical units and provision of piped oxygen and air to the neonatal unit complex. The plumbing facilities were also upgraded to ensure availability of potable water in the unit.

Local cassava firm fills void left by drop in raw materials imports

PSALTRY International Company Limited, an Oyo State-based grower and processor of high-grade cassava starch is filling a void left by a drop in imports of raw materials used by local beverage companies and other Fast Moving Consumer Goods (FMCG) firms. The drop in imports has created a surge in demand for local cassava starch which is a close substitute of maltose, an ingredient used in beverages and other products. The surge in local demand was caused by a high dollar exchange rate precipitated by low oil price, a situation that has forced many local manufacturers to abandon imports of raw materials with local substitutes.

Nigerian Breweries targets 60% local raw material sourcing by 2020

The Nigerian Breweries (“NB”) Plc has said that it was making plans to increase sourcing of raw materials like sorghum, Food Grade Starch and others locally from 57 to 60 per cent by 2020.

Mr Patrick Olowookere, Corporate Communications and Brand Public Relations Manager, made the disclosure to newsmen during a facility tour in Ado Awaiye in Iseyin area of Oyo State on Wednesday.

“33” Export Lager unveils ‘City of Friends’ campaign as it seeks to deepen bond with consumers

“33″ Export Lager Beer, the premium beer brand from the stables of Nigerian Breweries Plc (“NB”), a Heineken company has unveiled yet another initiative called ‘City of Friends’ at the Sheraton Hotel, Ikeja, Lagos. The event is a three-day long celebration that would feature some of Nigeria’s top entertainers.

Nigerian Breweries appoints Johan Doyer as Interim Managing Director

Nigerian Breweries Plc (“NB”) Board of Directors have moved quickly to appoint a new Managing Director to replace the departing Mr. Nicolaas Vervelde, who resigned last week having completed his tenure at the firm. His last day on the job would be on the 16th of June 2017.

In a statement released by the company on Tuesday, it said that the appointment of Mr. Johan Doyer will take effect on 16th June 2017 and would be on an interim basis pending the appointment of a substantive Managing Director/CEO for the company.

Nigerian Breweries Managing Director, Nicolaas Vervelde to leave post in June

Mr. Nicolaas-Vervelde

Nigerian Breweries Plc, announced on Thursday that its long-serving Managing Director/CEO, Mr. Nicolaas Vervelde, will leave his post on 16th June 2017 to take up a new role within the HEINEKEN Group outside Nigeria.

Mr. Vervelde, who has been serving as the company’s MD for nearly 7-years, was formerly a non-Executive Director of the company before rejoining the board on 1st August 2010 as Managing Director/CEO.

In a statement released by the company, it said that “The Company has recorded several laudable milestones with Mr. Vervelde at the helm of affairs including the expansion of its operations through acquisition of additional Breweries.

Nigerian Breweries seeks increase in local raw materials sourcing to improve earnings

Nigerian Breweries Plc, said it would ramp up efforts to source local raw materials as well as look for further improvements in its sorghum value-chain as a way of lessening the impact of foreign exchange challenges it faced during the 2016 financial year.

The country’s largest brewer added that it would be consolidating its earnings and profitability through improved market penetration with its innovative products, noting that it would carefully look at its price adjustment mechanism to ensure a balance in the management of input costs and price consumers are willing to pay for its products.

Governor El-Rufai lauds Nigerian Breweries for its economic and social support in Kaduna State

Kaduna State Governor, Mallam Nasir Ahmad el-Rufai, has commended the Nigerian Breweries Plc for its role in the economic development of the state, noting that the brewer is the largest tax payer in Kaduna.

The governor who was at the recently concluded Kaduna Economic and Investment Summit (KadInvest 2.0) had stopped by Nigerian Breweries stand, and said that the brewer plays a big role in the state as far as investment and economic development are concerned and remains a concrete testimony of the friendly business and investment environment the state is promoting.