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CONSUMER GOODS · Malt Beverages · Price, fundamentals, signals, and forward-looking context in one research view.
CONSUMER GOODS
₦2.26T
N/A
21.88
Current price
₦73.00
Updated Updated 3h ago
Open
₦73.00
Previous close
₦75.00
Day range
₦73.00 – ₦73.00
Volume
2,182,352
21.9x P/E
Awaiting filing
No current yield
65/100 measured
Easy to trade
The latest saved price history for NB, with its range and direction at a glance.
Eye extracted 2 pages. Open the source or continue to Signals for the evidence trail.
Nigerian Breweries Plc engages in brewing, marketing, and selling of lager, stout, non-alcoholic malt drinks, and soft drinks in Nigeria. The company offers its products under the Star, Heineken, Gulder, Star Radler, More, Desperados, 33 Export, Star Lite, Goldberg, Life, Tiger, Turbo King, Legend Extra Stout, Williams, Climax, Amstel Malta, Amstel Malta Ultra, ZAGG, Maltina, Malta Goldberg lager, Malta Gold malt drink, Life Continental lager, Hi-Malt, Climax Red, and Fayrouz brands. It also provides spirits, wine, and flavoured alcoholic beverages under the Amarula Cream Liqueur, Nederburg, Drostdy-Hof, 4th Street, Bain’s Whiskey, Knight’s Whiskey, Scottish Leader Whiskey, Chamdor wines, Hunters, and Savanna brands. The company sells its products through a network of distributors, wholesalers, bulk breakers, and various retail stores. It also exports its products to the United Kingdom, the Netherlands, the United States, Canada, the Middle East, rest of Asia, and other African countries. The company was formerly known as Nigerian Brewery Limited and changed its name to Nigerian Breweries Plc in 1990. Nigerian Breweries Plc was incorporated in 1946 and is headquartered in Lagos, Nigeria. Nigerian Breweries Plc is a subsidiary of Heineken N.V.
Investors usually follow NB for its valuation signal, sector position, and upcoming company events. The goal here is not just to show numbers, but to explain what they mean in plain English.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Position: Marketing Director/ Management Team b. Bought 644 shares, on 14 May 2026, at ₦78.50 per share, worth ₦50,554.00. From an official NGX DirectorsDealings filing. Supporting filing text captured.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Position: Board Chair b. Bought 1,039 shares, on 24 Mar 2026, at ₦77.95 per share, worth ₦80,990.05. From an official NGX DirectorsDealings filing. Supporting filing text captured.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Director dealings
23
Reported buys, sells, and mixed dealings.
Official filings
12
Financial reports and company disclosures captured by Eye.
Market events
0
Insider, filing, dividend, and price events.
Source records
42
Captured updates we can trace.
Whisone is bullish because fundamentals are solid at 77/100 while today's volume is only 41% of average. Whisone has high conviction here. The final read is being balanced by the weighted scores for fundamentals, technicals, insider flow, sentiment, event flow, and liquidity.
Whisone v2 splits the read into weighted parts so the score is not just one hidden number.
Fundamentals
Growth, margins, cash flow, and valuation.
Sentiment
Market mood from flow, events, and attention.
ROE
17.3%
Return on equity
ROA
12.2%
Return on assets
P/B ratio
3.50
Useful for book value support.
100/100
Direction
Cautious
Main supports
Business quality and balance-sheet strength are supporting the outlook.
Valuation still leaves room versus fair value and analyst anchors.
Recent price and fundamentals refreshes improve signal reliability.
What can go wrong
Volatility is elevated, so the path can stay rough even if the thesis is right.
Fair value
₦753,503,333,392.32
Analyst view
Buy
Analyst target
₦91.36
Forecast refresh
Updated 3h ago
Quality score
76
Growth score
77.09
These are the external analyst numbers and business outlook figures already synced into the company record.
Low target
₦1,600,000,000,000.00
High target
₦2,100,000,000,000.00
Revenue this year
₦1.79T
Revenue next year
₦2.19T
EPS this year
₦6.37
EPS next year
₦7.47
Dividend / share
₦1.28
Forward P/E
20.66
₦0.32
2021-11-22
Payment: 2021-12-03 | Qualification: 2021-11-19 | Yield at declaration: N/A
₦0.55
2021-03-11
Payment: 2021-04-23 | Qualification: 2021-03-10 | Yield at declaration: N/A
A plain-English reading of momentum, trend, volatility, range position, and trading participation.
RSI
39.1
Momentum is currently in a neutral range.
Recent trend
Sideways
+0.7% across the latest saved price window.
Volatility
Low
Beta is 0.17. Price has historically moved more calmly than the wider market.
52-week position
30% of range
Price is sitting around the middle of its 52-week range.
Volume confirmation
0.41x average
Trading activity is light, so the current price move has weaker confirmation.
Article states Nigerian Breweries partnered in donating the HR-V and frames the partnership as reinforcing commitment to education and community development, implying reputational/brand benefits.
community_engagement
NB may benefit from community_engagement. Confidence 90%.
The article shows a consumer-goods company (NB) using sponsorship/CSR to support education and community development, a pattern that can benefit sector reputation.
reduction in FX losses / lower finance costs
NB may benefit from reduction in fx losses / lower finance costs. Confidence 90%.
Article states Nigerian Breweries benefited from a near-elimination of foreign exchange losses and cut finance costs by 46.09% to N8.28bn.
reduction in finance costs / lower FX losses
NB may benefit from reduction in finance costs / lower fx losses. Confidence 90%.
Nigerian Breweries cut finance costs by 46.09% to N8.28bn and benefited from near-elimination of foreign exchange losses.
community_development
NB may benefit from community_development. Confidence 85%.
Operator reports delivering community infrastructure and programmes and highlights economic and social benefits in host areas.
local_sourcing
NB may benefit from local_sourcing. Confidence 85%.
Article states Nigerian Breweries deepened use of local sorghum and other domestic raw materials to reduce FX exposure and costs.
CSR / brand building
NB may benefit from csr / brand building. Confidence 80%.
Nigerian Breweries partnered in donating the HR-V as part of the Maltina Teacher of the Year Award, reinforcing community engagement and brand visibility.
Sector spillover signals
FX
NB may also move because the CONSUMER GOODS sector may move with fx. Confidence 90%.
The rating agency noted reduced foreign-exchange pressure following repayment of US dollar-denominated obligations improved the company's financial position.
community_engagement
NB may also move because the CONSUMER GOODS sector may benefit from community_engagement. Confidence 90%.
The article shows a consumer-goods company (NB) using sponsorship/CSR to support education and community development, a pattern that can benefit sector reputation.
community_development
NB may also move because the CONSUMER GOODS sector may benefit from community_development. Confidence 85%.
Operator reports delivering community infrastructure and programmes and highlights economic and social benefits in host areas.
corporate social responsibility
NB may also move because the CONSUMER GOODS sector may benefit from corporate social responsibility. Confidence 80%.
AXA Mansard, a financial services firm, is engaging in community protection/awareness activities, indicating CSR is an active factor for firms in the sector.
corporate_social_responsibility
NB may also move because the CONSUMER GOODS sector may benefit from corporate_social_responsibility. Confidence 80%.
The article presents AXA Mansard (a financial services firm) engaging in CSR to address social challenges, indicating the sector engages in community-focused initiatives.
weak_consumer_demand
NB may also move because the CONSUMER GOODS sector may move with weak_consumer_demand. Confidence 67%.
The article states 'The economy is so bad... everyone is begging', implying reduced consumer spending that would affect consumer goods firms.
Inflation
NB may also move because the CONSUMER GOODS sector may be hurt by inflation. Confidence 67%.
Input costs and weak purchasing power can squeeze margins.
broad_selloff
NB may also move because the CONSUMER GOODS sector may move with broad_selloff. Confidence 63%.
Aradel Holdings (classified under Oil and Gas) was named among decliners driving the market loss.
NB
Nigerian Breweries Plc
Price: ₦73.00
P/E: 21.88
Yield: N/A
BUAFOODS
BUA Foods Plc
Price: ₦845.10
P/E: N/A
Yield: N/A
CADBURY
Cadbury Nigeria Plc
Price: ₦64.50
P/E: 21.29
Yield: N/A
CHAMPION
Champion Breweries Plc
Price: ₦11.20
P/E: 85.34
Yield: 0.6%
Industry
Malt Beverages
Founded
1946
Employees
2,282
Exchange
NGX
Ticker
NB
Estimated earnings date
2026-07-14
Estimated earnings date
2026-04-28
₦31B
Book value / share
645860000000
