Nigerian Bank Unveils Plans for Long-Term Expansion and Shielding Against Price Volatility

Nigerian Breweries (NB) Plc has unveiled a multifaceted approach to drive growth and shield its customers from the impact of rising inflation, with Finance Director Maria Karaseva outlining the company's strategy at a pre-annual general meeting media briefing in Lagos.

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According to Karaseva, the company has identified three key external risks that it is proactively managing to build resilience, including the sustainability of supply, instability of the naira, and the rise in inflation.

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The first risk, sustainability of supply, is being mitigated by the company's affiliation with the Heineken Group, which enables it to leverage proven supply chains and tracks to maintain consistent production levels and meet market demand.

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Karaseva noted that the company is closely monitoring the sustainability of its supply and does not anticipate significant issues arising from the Middle East crisis, given its connection to the Heineken Group.

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The second risk, instability of the naira, has been observed by the company, but the currency has passed the stress test and remains stable, which is fundamental for Nigeria's economy, with the company urging the government to continue its efforts to maintain the naira's stability.

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To protect against potential volatility, the company is utilizing financial instruments and tools, in addition to the government's efforts to stabilize the currency.

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The third risk, the rise in inflation, particularly in food, is an area where the company feels a sense of responsibility as a leader in its category, and is taking steps to contain pricing inflation and maintain the affordability of its products for consumers.

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The company has a range of tools at its disposal to mitigate the impact of pricing inflation, including global food practices that it is adapting to the Nigerian market.

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By addressing these risks, the company aims to build a resilient structure that can absorb potential shocks and drive growth, with Karaseva stating that the company is on a pathway to achieve this goal.

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Nigerian Breweries (NB) Plc reported a strong financial rebound in 2025, with group revenue increasing by 35 percent to N1.5 trillion, while gross profit rose by 77 percent to N565 billion.

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The company's operating profit grew by 194 percent to N205 billion, with profit before tax of N161 billion and net profit of N99 billion, marking a significant turnaround from the losses recorded in 2024.