Nigerians Spend ₦1.5 Trillion on Beer Amid Rising Costs in 2025

Nigerians spent an estimated ₦1.54 trillion on beer beverages in the first nine months of 2025, as per unaudited financial statements from the country's major brewers - Nigerian Breweries Plc (NGX: NB), International Breweries Plc (NGX: INTBREW), and Champion Breweries Plc (NGX: CHAMPION). Nigerian Breweries, the largest brewer in the country, recorded a significant increase in net revenue to 1.05 trillion, posting a profit after tax of 85.51 billion.

This reflects changing consumer behavior as Nigerians cut back on beer consumption amid economic pressures.