The profit of Champion Breweries Plc, a Nigerian brewing company, dropped by 73.6 percent last year, according to the company’s latest financial statement.
The brewer’s after-tax profit fell to N370 million from N1.41 billion in 2022 and profit before tax also dropped to N445.3 million from N
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
