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    MarketForces Africa » Analysis » International Breweries Surges on Huge Trading Volume, Gains 9.88%

    International Breweries Surges on Huge Trading Volume, Gains 9.88%

    Julius AlagbeBy Julius AlagbeApril 10, 2026Updated:April 10, 2026 Analysis No Comments2 Mins Read
    International Breweries Surges on Huge Trading Volume, Gains 9.88%
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    International Breweries Surges on Huge Volume, Gains 9.88%

    International Breweries is gaining momentum in the Nigerian stock market on Friday. Its share price is up by 9.88% due to significant trading volume led by buy-side actors.

    Today, the company released its audited financial statements, reporting net income of N50.91 billion, reversing the previous year’s after-tax loss of N113 billion.

    With beers everywhere, consumers and investors continue to make choices, with International Breweries posing as a key challenger in the Nigerian beer market.

    Revenue climbed to N619 billion in 2025, according to details from its audited results, from N488 billion in 2024, reflecting higher prices across its products and volume growth.

    The brewer is gaining attention amid growing industry rivalry, while investor interest is buoyed by expectations of strong, healthy earnings in the first quarter.

    Trading data from the Nigerian Exchange showed that International Breweries’ share price has climbed to N13.35, still tracking behind its 52-week high of N16.2 ahead of Q1 earnings catalysts.

    Its share price is approaching the daily limit of 10% as trading volume for the dap peaked at 4.915 million valued at N62.943 million, according to data from the Nigerian bourse.

    Its market price is trailing a 7-week high of N14, reflecting volatility and easy exit for investors. #International Breweries Soars on Intraday Heavy Volume Guinness Nigeria Hits 52-Week High on Sharp Intraday Gain

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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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