Tag Archives: Nigerian Breweries

NB says it has invested N243bn in Nigerian economy

Nigerian Breweries Plc, the country’s leading brewer said it has invested N243bn in the Nigerian economy. This was contained in a newsletter made available to the News Agency of Nigeria (NAN) in Abuja last Monday.

The company further stated that the amount translates to 0.65% of the country’s Gross Domestic Product (GDP).

Nigerian Breweries named Best Company in Responsible Consumption and Production

Nigerian Breweries Plc, the country’s largest brewer has been named the Best Company in Responsible Consumption and Production in 2016.

The award was announced at the 2016 edition of the Nigeria CSR Awards – The Social Enterprise Report and Awards (SERA) which took place in Lagos.

Nigerian Breweries, FRSC embark on annual “Don’t Drink and Drive” Campaign

Nigerian Breweries Plc, said it has begun the ninth edition of the ‘Don’t Drink and Drive’ campaign in some parts of the country, in partnership with the Federal Road Safety Corps (FRSC).

In a statement released by the company, it said the programme, which began in the Federal Capital Territory, Abuja was part of its efforts to promote responsible consumption of alcoholic beverages among road users, particularly commercial drivers and riders.

Fourth Quarter will be just as tough for Nigerian Consumer Firms – Analysts

Some of Nigeria’s biggest companies suffered losses in the third quarter as the naira continued to depreciate against major world currencies and with inflation spiking to 18.3% as of October, amid a drop in consumer spending and foreign currency scarcity.

Ambode congratulates Nigerian Breweries at 70, concurs with brewer on Lagos Fiesta

The Lagos State Governor, Mr. Akinwunmi Ambode, paid a commemorative visit to Nigerian Breweries Plc on Tuesday, where he commended the brewer for its commitment to the economic prosperity of the state and the nation.

The Governor enjoined the company’s management to remain focused on excellent business practices and outstanding corporate governance. He congratulated the company on its 70th anniversary, noting that Nigerian Breweries has been part of the development of Lagos State since its creation fifty years ago.

CBN allocates manufacturers $660m FX to ease pressure

The Central Bank of Nigeria (CBN), said it has allocated 1,342 manufacturing and trading firms foreign exchange through its recent intervention.

The apex bank said it sold a total of $660m to the firms through FX forwards to their respective banks for onward sales to the firms.

Stiff competition made us sell our breweries to Nigerian Breweries Plc, says Sona Group MD

Sona Group, a diversified conglomerate with interest in alcoholic and non-alcoholic beverages, confectioneries, agro allied industries, among others said it decided to sell its interest in Sona Breweries to Nigerian Breweries Plc in 2010 due to strong market competition in the brewery segment.

The Group Managing Director, Sona Group of Industries, Ajai Musaddi, said that competition in the brewery industry between the leading brewery brands like Nigerian Breweries Plc, Guinness Nigeria Plc and others made his company have a rethink to divest from the industry.

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 recently re-launched Goldberg Lager, one of its low cost brands as “Your Excellency” in a new credential campaign.

Goldberg Lager unveiled as “Your Excellency” in new Credential Campaign

Nigerian Breweries Plc over the weekend unveiled Goldberg lager beer as “Your Excellency” in a new credential campaign launched in Lagos and Ibadan. According to the company, “Your Excellency”, as an appellation for Goldberg, reinforces its leading position in the market.

Amstel Malta gets new look and updated packaging

Amstel Malta, a leading malt drink in the country produced by Nigerian Breweries Plc announced it has a new and updated packaging for its famous malt brand.

The company said it became necessary to change the packaging to align with the new Standard Organisation of Nigeria (SON) and National Agency for Food Drug Administration and Control (NAFDAC) guidelines.