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Sat. Oct 4th, 2025
Trending News: NESCAFÉ Samples 65,000 Cups Nationwide to Celebrate Global Coffee, Nigeria’s Independence DayNIPR Tasks Nigerians on Nation’s GreatnessUnaccredited ADR Organisations are Issuing Illegal, Invalid Certificates, Training Institute RevealsUNICAL Alumni Inaugurate Multi-million Naira Starlink Facility for Students20 AAU Students Receive Opay’s N1.2bn Scholarship Grant Sokoto, UNICEF Sensitise Residents on Effectiveness of Measles, Rubella, Polio Vaccines Judaism Adherents in S’East Plead with Tinubu to Release Kanu, Pray for His HealthGov Mohammed Hosts Stakeholders Ahead of Bauchi Investment SummitAddress Marginalisation, Ethnic Profiling of Igbos, ADC Chieftain Tells TinubuAt Ibom Ignite 2025, Gov Eno Charges Youths to Tap into Emerging Business OpportunitiesWorld Heart Day: DOAM Foundation, Bond Chemical Industries Embark on Free Health ScreeningsMr. Football, A Teacher Like No Other Always Impacting LivesPerspectives on CBN’s Plan to Take Full Control of Fixed Income MarketSokoto NUJ Ethics Committee Urges Journalists to Uphold Professional StandardsBREAKING: Gunmen Abduct, Kill Top Veterinary Doctor In Abuja As Three Children Remain With KidnappersADA Registration in Trouble as Atiku, Amaechi,  Opposition Coalition Pull out, Key Sponsors Join ADCPresident Tinubu, Call Your Inspector-General of Police to OrderEXCLUSIVE: Police Detectives Search Ex-Senator Elisha Abbo’s Abuja Apartment Over Rape Of 13-Year-Old Girl As Wife Accuses Victim Of Stealing JewelryDangote Refinery And Trade Union ActivismThe Critical Message in Oluremi Tinubu’s National Library Project Jonathan: I Thought Buhari Would End Boko Haram Since They Once Chose Him as NegotiatorConcerns Mount over Rising Diabetes Cases Amid Hike in Drug PricesCardoso: Reforms Have Sparked Global Investors’ Renewed Appetite for NigeriaCourt Extends Account Freezing Order Over Osun LG FundsIn First Private Investor JV, Dangote Begins $2.5bn Urea Fertiliser Manufacturing Plant in EthiopiaAGF Fagbemi: Technology in Justice Not Luxury, But NecessityConservative Anglicans Kick as Church of England Names First Female Archbishop of CanterburyEx-IG, Solomon Arase, Buried in Benin Stakeholders: Nigeria’s Power Sector Still Struggling Despite ReformsNorwegian Diplomats Hail Nigeria’s World Class Art WorkKano Governor Writes NSA, Seeks State Commissioner of Police Removal BAP’s ‘Fela & The Kalakuta Queens’ Musical Thrills Audience as National Theatre Roars Back to LifeFormer NNPC Spokesman, Femi Soneye Launches ‘The Exchange’ PodcastTourism Experts Harp on Adherence to Standards to Grow Sector NYSC Provides Services Worth Over N14B to Lagos State Annually, Says DGBREAKING: US Rapper Sean ‘Diddy’ Combs Sentenced To Four Years, Two Months In PrisonSean ‘Diddy’ Combs Sentenced to 4 Years in PrisonJonathan: Buhari Was Boko Haram’s Preferred Negotiator, Yet Insurgency Persisted in His TenureNiger Infrastructure Devt: Work Resumes At Project SitesFresh Relief for Mokwa Flood SurvivorsKumo Hails Tinubu, As First Lady Commissions FMC, Bags Traditional Title of Sarauniyar Yakin AkkoUgborodo 7-Day HCDT Ultimatum: Chevron Multi-billion Dollar EGTL, Shell, IOCs Operations ThreatenedRailways, Cement and the Future of Ogun State’s InfrastructureTanker Explosion: Unconfirmed Deaths, Vehicles Burnt on Abeokuta-Sagamu ExpresswayGov Otti Demands Retraction, Threatens Legal Action Over ‘Defamatory’ Facebook PostsTinubu Urges S’ east Politicians to Emulate Late Michael Okpara’s PoliticsNAFDAC  Seals Off Two Chinese Supermarkets, Eight Cosmetic Shops in AbujaBREAKING: Bandits Kill 4, Including NYSC Member, Abduct Many In Southern Kaduna Amid Underreported AttacksBREAKING: Court Orders Nigerian Police To Halt Enforcement Of Tinted Glass Permit Policy, Maintain Status QuoEXCLUSIVE: Ebonyi Govt Awards N7.2Billion Contracts To Governor Nwifuru’s Personal AssistantReflection, Reinvention, and Winning at 65: A Field Note for Nigeria’s Next ChapterUS-Based Groups Fault Tinubu’s IPOB-Boko Haram ComparisonKainji, Jebba, Shiroro, Zungeru Dams to Discharge Excess WaterResidents Gear Up for Edo CarnivalCEO of Versa Farms Condemns Killings in KwaraNorthern CAN: Insecurity, Hardship, Threats to Nigeria’s Founding IdealsCourt Hears Dispute on 5% Equity Stake in Pan African Towers CaseGroup Tasks Journalists on Professionalism, Impactful ReportageBandits Abduct Police Officer in Kwara CommunityLokpobiri: Oil Sector Divestments Added 200,000 bpd to Nigeria’s Crude OutputCapital Market Operators Seek Review of Proposed 30% Capital Gains Tax to 25%There Are No Constitutional Breaches By Damagum, PDP Replies AnyanwuNDIC Warns Nigerians to Steer Clear of Unlicensed Banks, Ponzi SchemesEx-President Jonathan Mourns Death of Arise TV AnchorMinister Inspects 43.65km Mararaba-Keffi Road, Laments DelayOgun Elders: Gateway International Airport Best Investment of Abiodun’s AdministrationIMO Secretary-General Commends Nigeria’s Maritime Security Gains, Deep Blue Project, Blue Economy PolicyShettima Back in Abuja After UNGA80 Mission, Germany EngagementsBREAKING: Terrorists Kill Abducted ECWA Pastor In Kwara Despite Collecting N5million RansomMHCDI Spelling Bee Boosts Confidence, Literacy in FCTGov Lawal Unveils New 18-seater Buses for Zamfara Transport CompanyHURIWA, Retired Justice Omolaye-Ajileye Praise DSS DG for N20m Compensation to Wrongfully Arrested IndividualsGateway International Airport, Best Investment of Gov. Abiodun’s Administration,Say Ogun EldersHow to Choose Best Travel Insurance Plan for Senior Citizens in IndiaBREAKING: Dangote-Backed New Trucking Company Writes NUPENG, Says Drivers Reject Union MembershipEXCLUSIVE: Petition Accuses Ex-Senator Elisha Abbo Of Raping 13-Year-Old Pupil, Attempting To Assault Her Sister, Threatening To Kill FamilyKekere-Ekun: Appointment of Judges Now More Transparent BREAKING: Former Senator Elisha Abbo Turns Himself In At Police FCID Over Alleged Rape Of 13-Year-Old School Pupil In AbujaBREAKING: National Assembly Tightens Security, Bars Aides From Senate Corridor In Front Of Akpabio’s OfficeBREAKING: Police Officer Abducted By Bandits In Kwara North, Colleague Escapes AmbushSani Launches Emergency Medical Services in Kaduna2027: INEC Urges N’Assembly to Expedite Action On Electoral Reform Proposal Alleged Defamation: Court Adjourns Sowore’s Case Until Nov 20EXCLUSIVE: Immigration Officers Accuse JTF Commanders Of Diverting N93,000 Monthly Feeding Allowances, Leaving Them With One ‘Poor’ Meal Daily In Borno”EXCLUSIVE: Tinubu’s NSA Ribadu, Gov AbdulRasaq Accused Of Deploying Migrant Fulani Herders With AK-47s To Kwara South To Tackle Insecurity, Residents KickWard Delineation: N’ Delta Youth Seeks Urgent Action Against Escalating Violence Amongst Ijaw, Itsekiri, Urhobo In Warri Nigeria @65: NAPPS President Calls for Education Reform Shettima Back In Abuja After UNGA80 Mission, Germany EngagementsBREAKING: Bandits Kidnap Three From Kogi Farm, Shoot Bread Distributor In Senator Karimi’s Yagba West Local GovtBREAKING: Bandits Storm Zamfara Capital On Independence Day, Abduct Two Local Govt Councillors, ResidentAbdulRazaq: Nowhere ‘ll Be Safe for Criminals, Kidnappers in KwaraPolice Call for Probe into Killing of Three in Osun CommunityCoastal Highway: CSOs, Experts Commend Quality of WorkLukman Raises the Alarm over Plot to Hijack  ADC  StructuresTinubu Reopens National Arts TheatreJobberman Expands  Operations to A’ lbomAt Unveiling of Future is Now Project, Youths Seek 70% Seats in House of Reps, State Assemblies, LGsTinubu Canvasses New Orientation, Urges Nigerians to Lift, Believe, Put Country FirstFCT Police: How Arise News Anchor, Maduagwu, DiedUS Govt Shuts Down as Congress Fails to Reach New Funding Deal
Sat. Oct 4th, 2025

H1: NB, 2 Others Generate N1.09trn from Alcoholic, Non-alcoholic Drink Sales

Kayode Tokede

Despite the high cost of living in Nigeria due to double-digit inflation and the devaluation of the Naira, Nigerian Breweries Plc and two other brewing companies generated N1.09 trillion revenue from sales of alcoholic, and non- alcoholic drinks in the half year (H1) ended June 2025.

The other two companies are:  Champion Breweries Plc and International Breweries Plc.

According to their H1 2025 unaudited result and accounts, the N1.09 trillion revenue is a significant increase of 43.2 per cent from N711.58 billion reported in the half year ended June 30, 2024. 

A breakdown showed that Nigerian Breweries earned N733.19 billion revenue in H1 2025, about 53 per cent increase from N478.84billion declared in H1 2024. 

International Breweries posted N340.99 billion revenue in H1 2025, representing an increase of 53 per cent from N223.2 billion reported in H1 2024, while Champion Breweries announced N15.9 billion revenue in H1 2025, up by 66.9 per cent from N9.5 billion declared in H1 2024.

It was learnt that the revenue growth was propelled by social drinking culture amid hike in cost of living, and strategic distribution—especially during Easter and Sallah festive seasons.

The industry continued to face significant challenges in 2025 such as hike in Cost of Goods largely due to macro-economic headwinds, currency depreciation and higher petrol prices – averaging N939.5/litre in December after peaking at N1,184.83/litre in June 2024.

The cost pressures also impacted on operating expenses (OPEX), Foreign Exchange (FX) losses and Finance Costs.

Amid growth in revenue, the likes of Nigerian Breweries, Champion Breweries Plc and International Breweries that recorded losses in H1 2024 over Centrral Bank of Nigeria (CBN) foreign exchange policies.

However, they have recovered and posted impressive results in H1 2025. For instance, Nigerian Breweries migrated from a loss of N115.5 billion in H1 2024 to N130.84 billion profit in H1 2025, while International Breweries posted a profit of N41.3 billion in H1 2025 from a loss of N106.78 billion declared in H1 2024. 

In addition, Champion Breweries announced N2.29 billion profit in H1 2025 as against a loss of N386.7 million in H1 2024. Champion Breweries in H1 2024 had reported N910.74 million loss on foreign exchange transactions as against NIL in H1 2025.

In a report titled, “Nigerian Brewery Sector Update Report: Brewing Back to Profitability,” Afrinvest revealed that the global brewery industry sales volume in 2024 declined marginally for the second consecutive year, settling at 1.78 million hectolitres.

This, it stated, was primarily due to sluggish global demand and persistently high inflation.

“Despite volume pressures, industry-wide revenue – approximated by the performance of major regulated players – rose by 3.3 per cent year-on-year (y/y) to $617.7billion, as estimated by Statista. Looking ahead to 2025, we anticipate that global brewery performance will be influenced by several key trends: (i) the deepening of premiumisation strategies for flagship brands, (ii) Innovation tailored to Gen-Z preferences, (iii) supply chain decarbonisation, (iv) strategic mergers, acquisitions, and market exit driven by profitability outlooks. These trends are explored in detail in the global industry analysis section,” the report added.

On the domestic brewery market, Afrinvest stated that Nigeria’s brewery industry revenue in 2024 significantly outperformed its base-case forecast, rising by 39.2 per cent to N1.9 trillion.

“This was largely driven by inflation-induced price adjustments across product lines and a marked improvement in consumer purchasing power following the 133.5per cent increase in the national minimum wage to N70,000 in Q3.

“The industry experienced a strong close to the year, with revenue in Q4:2024 rising 42.6per cent quarter-on-quarter (q/q) to N611.0billion – the highest quarterly revenue in 2024 and the sharpest quarterly growth. A key enabler was the resurgence of year-end social events, particularly in Lagos, where the “Detty-December” festivities contributed an estimated N111.5billion (approximately, $71.6million) to tourism and entertainment spend, with brewery products benefitting as derived demand.

“Looking forward, we project a return to profitability in 2025 for the domestic industry, with a base-case profit before tax (PBT) estimate of N215.3 billion. This outlook is underpinned by a mix of favourable external conditions (e.g., macroeconomic stabilisation and corporate income tax adjustments) and internal initiatives such as capital injections, merger and acquisition synergies, and product resisting strategies,” it added.

The post H1: NB, 2 Others Generate N1.09trn from Alcoholic, Non-alcoholic Drink Sales appeared first on THISDAYLIVE.

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    NESCAFÉ Samples 65,000 Cups Nationwide to Celebrate Global Coffee, Nigeria’s Independence Day

    Charles Ajunwa

    In commemoration of International Coffee Day and Nigeria’s 65th Independence Anniversary, NESCAFÉ executed a large-scale activation, serving 65,000 cups of coffee to consumers nationwide to mark the dual occasion. The initiative spanned 25 cities, including Lagos, Abuja, Kano, Port Harcourt, Ibadan, Enugu, Jos, Nasarawa,

    Minna, Kaduna, Bauchi, Owerri, Onitsha, Abeokuta, Ilorin, Calabar, Uyo, Lokoja, Lafia, Osogbo, Ado Ekiti, Maiduguri, Yola, Benin, Asaba, Makurdi, and Sokoto, reaching consumers in universities, business districts, markets, and community hubs. 

    This activity also follows the relaunch of the original NESCAFÉ 3-in-1 in Nigeria, which now comes with enhanced creaminess, a smooth milky taste, and the brand’s signature aroma, all developed from local consumer insights. The product is now delivered in design-for-recycling packaging, underscoring Nestlé’s commitment to sustainability while meeting evolving consumer preferences. 

    Speaking on the occasion, Jean-Pierre Duplan, Category Manager, Coffee, Nestlé Nigeria, said: “Earlier this year, we relaunched NESCAFÉ 3-in-1, offering an improved flavour and smoother creaminess in a convenient sachet. This coffee variant is loved by many in Nigeria. The relaunch was carefully shaped by consumer preferences while advancing our sustainability commitments through recyclable packaging. We also recognised that International Coffee Day, a global celebration of the people who make coffee special across the value chain from farm to cup, coincided with the nation’s 65th Independence Anniversary. We decided to delight our consumers by serving 65,000 cups across the country as a way of celebrating both milestones while reinforcing NESCAFÉ’s role in everyday Nigerian coffee moments, helping consumers start their day strong.”

    The response from consumers highlighted the impact of the campaign. One of the participants, Tobilola Felix, shared his excitement: “I was thrilled to get my cup of NESCAFÉ this morning. It was such a pleasant surprise, especially on my way to work. As a Nigerian, it feels special to be part of this celebration, knowing that I am experiencing both International Coffee Day and our 65th Independence in such a unique way. It gave me a great start to my day and reminded me of the pride we share as Nigerians.” 

    Beyond the sampling, NESCAFÉ continues to give back to its consumers, particularly through the MYOWBU (My Own Business) program, which nurtures youth entrepreneurship and fosters economic opportunities across Nigeria. In collaboration with Nestlé professionals, the programme has empowered over 1,400 young Nigerians to start businesses and achieve financial independence.

    ​  

    Charles Ajunwa In commemoration of International Coffee Day and Nigeria’s 65th Independence Anniversary, NESCAFÉ executed a large-scale activation, serving 65,000 cups of coffee to consumers nationwide to mark the dual

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    NIPR Tasks Nigerians on Nation’s Greatness

    NIPR Tasks Nigerians on Nation’s Greatness

    James Sowole in Abeokuta

    The Nigeria Institute of Public Relations (NIPR) has tasked Nigerians on various challenges confronting the nation saying that Nigeria’s greatness lies on citizens.

    The NIPR said at 65, Nigeria has come a long way, but the journey to greatness is still unfolding and requires the dedication of all citizens.

    The Chairman of the NIPR. Ogun State Chapter, Mrs. Oluwaseun Boye, in her welcome address at the October 2025 Business Meeting of the state branch of the institute, held in Abeokuta, Ogun State capital, said the time is now for all Nigerians to put hands of the deck for her.

    The meeting which has as its theme, ‘Nigeria at 65: Pathways for National Development and Economic Sustainability’, was attended by professionals and guests including a Member of House of Representatives representing Yewa North/Imeko Afon Federal Constituency. Hon. Gbenga Nasiru Isiaka and popularly called GNI.

    While saying that the programme was specially organised to mark the 65th Independence of Nigeria, said the theme, was both a call to duty and a reminder that no sector, profession, or citizen can afford to stand aside.

    She said, “As public relations professionals, our role is to shape narratives that build trust, promote unity, and inspire collective action. 

    “We must use our platforms to bridge divides, amplify truth, and galvanise every stakeholder toward nation-building. 

    “Nigeria’s greatness lies in the commitment of its people. If truly all hands are on deck, then a stronger, more prosperous Nigeria is not just possible it is inevitable, so I charge you all to join hands together to achieve a Nigeria of our dreams that we can all be proud of. 

    “At 65, we are called not only to reflect on our past but also to chart new pathways for the future of our beloved nation.

    “Our them is both timely and challenging. It reminds us that the task of nation-building requires fresh thinking, renewed commitment, and deliberate actions from every sector, including public relations.

    “As public relations practitioners, we are the custodians of perception, reputation, and trust. At 65, Nigeria needs us to do more: to uphold integrity and protect our reputation gate; to reset the national mindset by telling authentic, uplifting stories; and to be ambassadors of hope and progress wherever we find ourselves.

    “Let us be reminded, we are not who they say we are; we are who we truly are. The world is already drawn to Nigeria, they watch our movies, admire our fashion, eat our food, dance to our music, and celebrate our creativity. These are powerful assets of nation branding and soft power that we must leverage.

    “It is time to change the narrative. Enough of the bad news. Enough of saying “Nigeria happened to us.” From today, let Nigeria happen to us in positive ways.”

    Speaking on the theme at the event in an address at the event, the House of Representatives member said despite daunting challenges, Nigeria has recorded tangible progress since independence in areas of education, stable democratic rule, improved revenue from non – oil export, digital economy among others.

    ‎The lawmaker, however, said that the nation still has a long way to go to catch up with countries like Singapore and Malaysia that were at par with Nigeria at some stage and identified leadership and followership challenges, policy inconsistency, poor population census data, lack of continuity of programme due to change in government as some of the factors stymieing the nation’s efforts at realising her true potentials 65 years after. 

    He said the administration of President Bola Ahmed Tinubu has done well to reposition the nation’s economy to the path of recovery and progress.

    ‎Isiaka, who revealed that he agreed 100 per cent with the government when it declared recently that “the economy has turned the corner,” said President Tinubu

    should come back for the second term in 2027 so that the good things being championed by the administration could be completed.

    ‎He said that in the last two years inflation, interest rate, foreign reserve issues and instability in exchange rate were some of the things bedevilling the country but said as of today, they have all been taken care of through audacious policy reforms.

    He also scored the present administration at the centre high in the areas of policy continuity, especially the project 2050 of Nigeria which it inherited from the immediate past administration.

    ​  

    James Sowole in Abeokuta The Nigeria Institute of Public Relations (NIPR) has tasked Nigerians on various challenges confronting the nation saying that Nigeria’s greatness lies on citizens. The NIPR said at

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