Nigerian Breweries, one of the largest brewing companies in Nigeria, has recorded an after-tax loss which deepened to N149.5 billion driven by Naira devaluation as a result of FX exposure, BusinessDay analysis shows. The company’s after tax loss stood at N149.5 billion in the nine months of 202
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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.

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