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Nigerian Breweries Incurred N106.3bn Loss in 2023 – Report

Nigerian Breweries Incurred N106.3bn Loss in 2023 – Report Nigerian Breweries Plc, the biggest brewer in the country, recorded an after-tax loss of N106.31 billion, driven by foreign exchange losses that strained its financial performance. The brewer swung to a loss from a profit of N105.8...

Nigerian Breweries Incurred N106.3bn Loss in 2023 – Report

Nigerian Breweries Incurred N106.3bn Loss in 2023 – Report Nigerian Breweries Plc, the biggest brewer in the country, recorded an after-tax loss of N106.31 billion, driven by foreign exchange losses that strained its financial performance. The brewer swung to a loss from a profit of N105.8...

Nigerian Breweries suffers N153bn FX Loss

Nigerian Breweries suffers N153bn FX Loss Nigerian Breweries Plc has announced that it suffered a N153 billion foreign exchange loss due to the devaluation of the naira. This was disclosed in its earnings report which accompanied its audited results for the year ended December 2023 filed...

N124billion Loss, Dangote Cement Others Lead

N124billion Loss, Dangote Cement Others Lead   The bears again upstaged the bulls yesterday, as profit taking takes a toll on some highly capitalised stocks, especially Nigerian Breweries (NB), and Dangote Cement, causing market capitalisation to dip by N124billion. At the close of transactions on the trading...

Nigerian Breweries, Forte Oil lead Gainers’ Table at NSE

Nigerian Breweries, Forte Oil lead Gainers’ Table at NSE The Nigerian Breweries has at the Nigerian Stock Exchange (NSE) led the gainers’ table, gaining N3.60 to close at N129.70 per share . Forte Oil followed with a gain of N1.85 to close at N39.50, while GlaxosmithKline...