Nigerian Breweries commissions skills acquisition centre in Kaduna
By Ibrahim Hassan-Wuyo Nigerian Breweries Plc has commissioned a state-of-the-art Maltina Skills Acquisition Centre in Kakuri, Kaduna, as part of its commitment to empowering host communities through sustainable development initiatives. At the commissioning ceremony, Kaduna State Deputy Governor, Dr. Hadiza Balarabe, described the initiative as the beginning of new opportunities and a vital step toward […]
Nigerian Breweries Plc: Shrinking volume sales raising concerns
THE Q1’18 results of Nigerian Breweries Plc (NB) shows revenues slipped by 9.1% YoY to N83billion, below analysts’ estimate of N93 billion (-10.8% deviation). Similarly, after tax earnings sunk by 10.9% YoY to N10.2 billion, although this was higher than some analysts’ N9.5 billion (+7.6% deviation) expectation.
Nigerian Breweries: Analysts downgrade stock, as investors’ sentiment rebounds
AS the bulls resurged at the Nigerian Stock Exchange, NSE last week, after the momentary banking sector shake-down in the first two trading days, Nigerian Breweries Plc, NB, may be a key beneficiary ahead of this week’s rally. But this is also coming against a major investment analysts’ downgrade of the stock.
NFF, Nigerian Breweries, sign N2.5bn deal
Nigeria Football Federation and Nigeria Breweries have unveiled a N2.5 billion partnership deal that would see the two organisations work hand-in-hand for the development of football in the country. The signing ceremony took place at the NBL headquarters at Iganmu Lagos on Friday.
NB appoints Borrut Bel as managing director
Nigerian Breweries, NB Plc, has announced the appointment of Mr. Jordi Borrut Bel as its Managing Director/Chief Executive Officer, even as it reorganises its management team. The appointment will take effect on January 22, 2018.
Nigerian Breweries honours 65 long service workers
NIGERIAN Breweries has honoured 65 of its long service workers, who diligently gave long period of service to the beverage company.
