Champion Breweries, the only profitable brewer in Nigeria, is swimming against the tide of FX-induced losses in the beer industry.
Champion Breweries posted a net profit of N817 million in the 2024 financial year, representing a 120 percent growth from the N370.6 million recorded in 2023.
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David Olujinmi
David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene.
With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.
