International Breweries' input cost rose to N175 billion in December 2022, the highest in five years as the firm records recurrent losses, BusinessDay analysis shows.
The brewery input cost recorded a 28.7 percent growth in 2022 from N136 billion in the full-year period of 2021.
Further analys
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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.
