Daily Archives: April 23, 2016

Nigerian Breweries starts year with momentum as sales rise 11% in first quarter

Nigerian Breweries Plc (NB) said on Thursday its revenue grew by 11% for the three months ended 31st March 2016, climbing to N77.5bn, from N69.9bn recorded a year earlier.

The brewer of Star Lager, Gulder and Legend Extra Stout, among others has been facing economic headwinds following a slump in global oil prices which has led to a drop in consumer demand.