Stronger sales growth and reduced foreign exchange losses helped International Breweries post its first profit in seven years, signaling improved financial stability amid a steadier naira environment.
AB InBev’s Nigerian unit names Nicholas Kade Managing Director following Carlos Coutino’s transition to a new leadership role.
International Breweries Plc posts N57 billion profit in nine months of 2025, reversing losses through revenue growth and cost efficiencies.
The AB InBev subsidiary records its seventh consecutive annual loss, citing foreign exchange challenges despite an 87.63% revenue surge.