Nigerian Breweries Plc Reports Strong Recovery in 2025

During the 80th annual general meeting of Nigerian Breweries Plc held at the Orient Hotel, Victoria Island, Lagos, on April 22, 2026, shareholders commended the board and management for the company's strong recovery and improved profitability in the 2025 financial year. Mr. Ek Emmanuel, representing the Independent Shareholders Association of Nigeria, praised the management for steering the company through a volatile macroeconomic environment and strengthening its financial position.

Mr. Owolabi Opeyemi, a member of the Noble Shareholders Association, lauded the board for navigating challenging business conditions and restoring the company's financial health after two years of net losses. Board Chair Mr. Juliet Anammah expressed confidence in the company's recovery path and noted the decision not to declare dividends was due to the need to rebuild retained earnings impacted by prior macroeconomic shocks.

She emphasized the importance of shareholder understanding during this period and reaffirmed the company's commitment to returning to dividend payments soon.