The Nigerian Exchange Ltd., (NGX) closed on an upward note on Thursday occasioned by gains in 25 stocks, as market capitalisation appreciated by N35...

Lafarge Africa, Nigerian Breweries, Stanbic IBTC, United Capital, and FTN Cocoa made the list of best-performing stocks in the third quarter of 2020.

Nigerian Breweries Plc has announced the exit of Mr Atedo Peterside from the non-Executive Director of its board.

The flagship beer brand of Nigerian Breweries Plc, Star Larger has unveiled an all-new label and great taste. The beer brand also announced that it will now be available in draught. A draught beer (also spelled draft beer) is a beer served from a pump, cask or keg. The new Star lager was unveiled at the first “Access the Stars” concert which first took place in Abeokuta and at a second concert in Lagos.

International Breweries Plc, the Nigerian unit of Belgian brewer Anheuser-Busch InBev recorded a net loss of US$10.49 million (N3.8bn) for the year ended December 2018 despite strong revenue growth of 230% to US$332.97m (N120.6bn). The company said that the growth was driven by the launch of its new brewery in Sagamu, Ogun State as well as a strong marketing push by the company.