See every side of every news story
Get Started
SubscribeLogin
Israel-Hamas Conflict
Tariffs
Liberation Day
Natural Disasters
Donald Trump
Trade War
Social Media
Stock Markets
Trade
Artificial Intelligence
Nintendo
Climate Change
Taxes
Published • loading... • Updated

Despite Rise In Beer Consumption, Nigeria Breweries, Others Post Loss Of N257.2bn

Summary by The Whistler Nigeria
…Naira Depreciation, High Operating Cost Erode Profitability Beer producers in Nigeria collectively suffered a staggering loss of N257.2bn in 2024, despite a significant surge in beer consumption across the country. This downward trend was suffered by three out of the four listed breweries on the Nigerian Exchange Limited. The companies analyzed are Nigerian Breweries Plc (NB), International Breweries, Champion Breweries Plc and Umuahia-based Go…
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

2 Articles

All
Left
Center
Right
The Whistler NigeriaThe Whistler Nigeria

Despite Rise In Beer Consumption, Nigeria Breweries, Others Post Loss Of N257.2bn

…Naira Depreciation, High Operating Cost Erode Profitability Beer producers in Nigeria collectively suffered a staggering loss of N257.2bn in 2024, despite a significant surge in beer consumption across the country. This downward trend was suffered by three out of the four listed breweries on the Nigerian Exchange Limited. The companies analyzed are Nigerian Breweries Plc (NB), International Breweries, Champion Breweries Plc and Umuahia-based Go…

Read Full Article
CGACGA

Beer gains share in US On Premise as drafts and imports build momentum

OPM, which delivers deep and authoritative insights into the out-of-home drinks landscape in the US, shows beer attracted 40.1% of all BevAl spending in the 12 months to end-January—a year-on-year gain of 0.3 percentage points. The wine and spirits categories lost 0.3 and 0.4 percentage points of share respectively.     Beer’s performance has been largely driven by higher prices and distribution. Average prices have risen by 1.6% and total distr…

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

CGA broke the news in on Tuesday, March 25, 2025.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

Similar News Topics

Uyo

Uyo

United States

United States

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.

News
For You
SearchBlindspotLocal