Nigerian Breweries Increases Prices of Its Products, Gives Reason for Action [Video]

• Nigerian Breweries has announced a price increase for some of its products, and the new prices are set to be implemented
• This move is part of the company’s strategy to tackle the rising cost of operation and the depreciation of the naira
• Some of Nigerian Breweries’ popular brands include Gulder, Maltina, Amstel Malta, and Fayrouz, among others

Legit.ng journalist Dave Ibemere has over a decade of experience covering Tech, Energy, Stocks, Investments, and the Economy.

Nigerian Breweries (NB) Plc has announced a price increase on some of its products, effective from Monday, February 19, 2024.

The company disclosed in a memo that the upward review will be in its stock-keeping units (SKUs) to mitigate the impact of the rising cost of input.

SKU is a unique identifier used to track inventory within a business.

However, in the memo,the brewer did not …