Nigerian Breweries Invests N30.3bn In Plant, Equipment In Six MonthsNigerian Breweries Plc invested N30.3bn in property, plant and equipment during the first half of 2026. The financial statements also revealed that Nigerian Breweries ended the half-year in a strong liquid position, reporting net cash of N74.63bn, compared with a net interest-bearing debt position of N74.32bn a year earlier. Advertising and sales expenses climbed to N71.9bn from N59.5bn, while distribution expenses increased to N68.0bn from N54.1bn. Profit before tax went up by 18 per cent, supported by a 61 per cent reduction in net finance expense. Advertisement“The impact of the new tax rates limited the group’s net profit growth to 5 per cent “, he added.