International Breweries Plc, a leading beverage company in Nigeria, announced price increases across its product portfolio effective from March 1st, 2024.
The company cited "escalating costs impacting our business" as the reason for the hike. Popular brands like Castle Lite, Hero, Trophy, Beta Malt, and Grand Malt will all see their prices increase. The new…
Likewise, Hero Lager in a 600-ml bottle will see its price increase from ₦4,740 for distributors to ₦4,900 for sub-distributors, ₦5,060 for retailers, and ₦6,360 for consumers, with a per-unit price of ₦530. For the Trophy 500 CAN, the prices are: ₦10,010 for distributors, ₦10,380 for sub-distributors, ₦10,750 for retailers, and ₦13,200 for consumers, with a per-unit price of ₦550.
The Beta Malt 330 PET is priced at ₦5,790 for distributors, ₦5,995 for sub-distributors, ₦6,200 for retailers, and ₦7,200 for consumers, with a unit cost of ₦300. The Grand Malt 330 PET is priced at ₦5,790 for distributors, ₦5,995 for sub-distributors, ₦6,200 for retailers, and ₦7,200 for consumers, with a per unit cost of ₦300.
Worried by the rising spate of kidnapping in the country, the Forum of the All Progressives Congress Chairmen, on Friday, asked President Bola Tinubu not to hesitate to remove any head of the security agencies that are found wanting in his or her responsibilities. The visiting chairmen also described the crisis in the Edo…
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