Author: Marketforces Africa

MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

Nigerian Breweries Denies Plan to Hike Price Nigerian Breweries Plc (NB) has denied the alleged plan to raise beer prices after the company announced a significant earnings loss in the first half of 2023. Media outlets reported early today that the local breweries giant has announced a plan to increase the price of all their products effective August 10, 2023. Citing a letter dated August 1, 2023, Nairametrics said the company established the need to review prices due to the soaring rise in input costs and the necessity to cushion its impact.  “This is to inform you that we will…

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