Heineken restructures in Nigeria as beer demand plummets

HeNig

Heineken NV's Nigerian unit, Nigerian Breweries Plc, has temporarily closed two of its nine factories in response to severe currency depreciation that has escalated costs and eroded consumer purchasing power. This strategic move aims to dial back a 15% capacity expansion from the past decade and reduce operational expenses. …

This content is premium. Already a subscriber? Log in

Please subscribe and get a 30 day free trial to read the full article.

Monthly Subscription

$29.99

Continue

Yearly Subscription

$329.99

Continue

Recent posts

See all

Paul Cheloti Mulongo

Senegal’s Top Trio: Grains, Meat, and Bread Dominate Monthly Menus

Sandra Beldine Otieno, MSc

Stabilizing essential spending offers hope for Uganda’s FMCGs

Joy Muindi

Coffee Highs and Tea Lows: Dissecting the South African Beverage Landscape

Subscribe to our free newsletter