International Breweries Archives

Africa: Nigeria’s second Largest Brewer International Breweries returns to profit with N50.9 billion after seven years of losses

AtqnewsApril 13, 2026072 views

International Breweries has returned to profitability, reporting its first annual profit since 2017 for the 2025 financial year, marking a significant turnaround…

Africa: Inflation, Currency Devaluation Hit Beer Sales in Nigeria and South Africa as Nigeria’s Major Brewers Report N89.4B H1 2023 Losses Due to Soaring Borrowing Costs

AtqnewsOctober 27, 20230886 views

Heineken, the renowned beverage giant, faced a challenging third quarter in 2023 as beer sales in Nigeria and South Africa plummeted, primarily…