[Archive] From Recession to Growth: The Story Of Nigeria’s Recovery from the 2016 Economic Recession

Being a Paper presented by Godwin I. Emefiele, Governor, Central Bank of Nigeria at the Special Convocation of the University of Nigeria, Nsukka, on Friday, May 17, 2019 at the Princess Alexandra Auditorium, University of Nigeria, Nsukka, Enugu State

Nigeria’s Double Whammy of Inflation and Unemployment Increases

Persistent rise in the general price of goods within an economy is acclaimed inflation. Increasing prices could signal consumption spending by economic agents within the economy, however persistent rise makes fixed income earners and fixed securities like bonds worse off.  A healthy level of inflation (1-3%) is acceptable to propel economic growth. If consumption spending […]

[INFOGRAPHICS] 7-Year Comparison of Revenue of Brewers in Nigeria

Both Nigerian Breweries and International Breweries have had their revenue grown over the years while there have been fluctuations in the revenue of Guinness during the same period under review. That said, Nigerian Breweries still remains the market leader in the Nigerian brewing industry.

[INFOGRAPHICS] 7-Year Comparison of Profits of Brewers in Nigeria

Nigerian Breweries is the most profitable brewing company in Nigeria with Profit for the year 2019 printing at N16.11 billion. For international breweries, it has had its share of loss since the last 2 years while Guinness loss in the 7 years period came during the 2016 economic recession.

[INFOGRAPHICS] 7-Year Comparison of Operating Profits of Brewers in Nigeria

The brewing companies in Nigeria have had their operating profits decline over the years and Nigerian Breweries still appears to be the most efficient of the three major brewers in the country with EBITDA at the end of 2019 standing at 20.72%.

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