Nigeria’s biggest beer maker, Nigerian Breweries, is on course to record its highest profit in more than a decade as lowering cost pressures and stable naira overturn two consecutive year losses incurred by the consumer goods giant.
The Lagos-headquartered brewer is expected to declare a N165.5 billion profit-after-tax in full year 2025, a material recovery from the N144.9 billion loss reported last year and N106.3 billion posted in 2023.
Analysts at CardinalStone Research, a Lagos-based consultancy, see the company’s recovery set in the
