Impact of Nigerian Brewery on Nigerian Economy
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Agriculture Archives Bonds Cap Mkt Sentiments Capital Market CASHLESS NIGERIA Corporate Earnings Daily & Weekly Market Updates Enterpreneurship ETF's Forex Frauds & Scandals General Global Market Insurance Investors NewsBeat Islamic Banking Mergers & Aquisitions Money Market Mortgage Mutual Funds REITs Nigerian Economy Oil Sector One Minute News Opinions and Analysis Pensions People Politics Power Products & Services Professionals Property Public Offers Private Placements Regulators Taxation Telcos Travel & Tours World of Business inShare NB accounts for 60% market share in brewery industry
Category: Investors NewsBeat
Read (2509) Peter Egwuatu Nigerian Breweries (NB) Plc seems to dominate the brewery market as it accounts for 60 per cent of the brewery market share in Nigeria.Managing Director/CEO, Nigerian Breweries Plc, Mr. Michiel Herkemij disclosed this to Vanguard shortly after the pre 63rd Annual General Meeting (AGM) held in Lagos last week. He stated that NB is trying to build long term capability for its people in order to sustain its market leadership in the country. According to him, “ The contribution of Nigerian Breweries Plc (NB Plc) to the overall result of Heineken should be about less than 10 percent (10%). I think it is fair to say that any company worldwide that is contributing to the results of Heineken is contributing less than 10% of the total result.” He said “ We have come to stay in Nigeria. We are not investing here in vein as we continue to upgrade our breweries. In the area of Corporate Social Responsibility (CSR) Nigerian Breweries is not lacking. The projects executed in year 2008 were all massive, the amount of funds involved is very huge; however, we may not disclose the exact percentage of turnover spent on CSR; but relative to other companies in this country, we are a role model in our CSR activities and would
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Agriculture Archives Bonds Cap Mkt Sentiments Capital Market CASHLESS NIGERIA Corporate Earnings Daily & Weekly Market Updates Enterpreneurship ETF's Forex Frauds & Scandals General Global Market Insurance Investors NewsBeat Islamic Banking Mergers & Aquisitions Money Market Mortgage Mutual Funds REITs Nigerian Economy Oil Sector One Minute News Opinions and Analysis Pensions People Politics Power Products & Services Professionals Property Public Offers Private Placements Regulators Taxation Telcos Travel & Tours World of Business inShare NB accounts for 60% market share in brewery industry
Category: Investors NewsBeat
Read (2509) Peter Egwuatu Nigerian Breweries (NB) Plc seems to dominate the brewery market as it accounts for 60 per cent of the brewery market share in Nigeria.Managing Director/CEO, Nigerian Breweries Plc, Mr. Michiel Herkemij disclosed this to Vanguard shortly after the pre 63rd Annual General Meeting (AGM) held in Lagos last week. He stated that NB is trying to build long term capability for its people in order to sustain its market leadership in the country. According to him, “ The contribution of Nigerian Breweries Plc (NB Plc) to the overall result of Heineken should be about less than 10 percent (10%). I think it is fair to say that any company worldwide that is contributing to the results of Heineken is contributing less than 10% of the total result.” He said “ We have come to stay in Nigeria. We are not investing here in vein as we continue to upgrade our breweries. In the area of Corporate Social Responsibility (CSR) Nigerian Breweries is not lacking. The projects executed in year 2008 were all massive, the amount of funds involved is very huge; however, we may not disclose the exact percentage of turnover spent on CSR; but relative to other companies in this country, we are a role model in our CSR activities and would