After two consecutive years of losses triggered by foreign exchange devaluation and inflation-induced cost spikes, both Nigerian Breweries (NB) and International Breweries (INTBREW) have staged remarkable comebacks in 2025, turning heavy losses into solid profits.
Investors have already taken notice.
Nigerian Breweries’ share price has surged by 122%, rising from N32.00 to N71.00, while International Breweries has gained 161%, climbing from N5.55 to N14.50 year-to-date.