Nigerian Breweries recorded an uptick in profit and revenue despite FX losses, analysis by BusinessDay shows.
The brewery company saw its profit jump 143 percent to N18.7 billion in half-year 2022 from N7.7 billion in half-year 2021.
“This is impressive, given the prevailing challenges that
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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.
