MARKET CLOSED SNAPSHOT · FRI 25 SEP 2026 · WAT

STOCK PAGE · Consumer Goods

NB — Nigerian Breweries Plc

₦76

As of the 25 Sep 2026 close — not live. Confirm before acting.

Our verdict

A recovering brewer with improving margins — but tax pressure, uneven quarterly profit and a suspended dividend keep it a show-me story.

Key facts

P/E ratio~22.8x
Dividend yield0% — suspended
Latest dividendNone since 2022
52-week position₦60–₦103 · ~26% below high

Earnings trend

H1 2026 revenue up 8.9% year-on-year with stronger margins, but Q2 was lumpy — EPS fell ₦1.42 to ₦1.19 and Q2 net income fell 16% on tax headwinds.

Stock health card

Nairaview’s qualitative read, 1–5, from the research above — not a recommendation.

Value
2/5
Income
1/5
Growth
3/5
Momentum
2/5
Quality
3/5

Related

Sources: stockanalysis.com, InvestAdvocate, Nairametrics. Figures verified against live sources 26–27 Sep 2026. Not investment advice.