Nigerian Breweries sales drag on weak consumer spending

Nigerian Breweries plc sales rose at the slowest pace in a year as the country’s biggest brewer continues to capitulate to weak consumer spending amid falling oil prices. For the first three months through March 2015, Nigerian Breweries’ (NB) net income was flattish at N10.10 billion, while sales increased by a mere 1.37 percent to…

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Source : BusinessDay

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