Nigerian Breweries Report Strong Revenue Growth Amid Economic Hardship

Nigerians spent N1.54 trillion on beer and non-alcoholic beverages in the first nine months of 2025 despite economic difficulties. Nigerian Breweries Plc (NGX: NB), International Breweries Plc (NGX: INTBREW), and Champion Breweries Plc (NGX: CHAMPION) released unaudited financial statements showing increased revenue compared to the same period in 2024.

Nigerian Breweries Plc, the largest brewer in the country, reported a significant increase in net revenue to N710.87 billion, achieving a gross profit of N415.15 billion. The company also recorded a profit before tax of N85.51 billion, marking a sharp recovery from a loss in the previous year.

Similarly, International Breweries Plc and Champion Breweries Plc also experienced revenue growth and profitability during the nine-month period ending September 30, 2025. Despite challenges in the broader economy, the Nigerian beer industry continues to benefit from strong brand presence and distribution networks.