Nigerian Breweries Plc, the foremost brewing company in Nigeria, maintains its industry leadership position by retaining its number one position in Lager and Malt while ranking number 2 in Stout.
This was disclosed recently by the Corporate Affairs Director of Nigerian Breweries Plc, Uzodinma Odenigbo, during a media parley in Lagos.
Odenigbo stated that Nigerian Breweries remains one of Nigeria’s long-standing manufacturing companies, having operated for 79 years.
He revealed that the company currently has eight manufacturing facilities nationwide.
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“With seven operational Breweries and 1 Malting plant, 12 Sales Regions and 21 Depots, which gives us a nationwide coverage, we have a competitive edge over our competitors with our brands available across the nooks and crannies of the country, including the rural areas”.
He further revealed that, as of June 2025, the company remains one of the most capitalised, with a market capitalisation of N1.82trn, equivalent to $1.19 bn.
He added that the company recorded an H1 net revenue of N738bn, an operating profit of N151 bn, and net assets of N549bn. He explained that Heineken holds 72.9% of the company shares and has 118,193 shareholders.
Speaking further, Odenigbo explained that Nigerian Breweries Plc has become a total beverage company with the complete acquisition of Distell Nigeria, which aligns with its ‘Beyond Beer’ ambition.
He affirmed that the acquisition has expanded Nigerian Breweries Plc’s brand portfolio to include wine, spirits, and ready-to-drink (RTD) brands, including Chamdor, 4th Street, Hunters, Amarula, and Savana.
He noted that the company remains committed to its corporate brand purpose of brewing the joy of true togetherness to inspire a better world.
BV.
