Major beer and drink companies in Nigeria earned a combined more than N1.54 trillion from selling beer and non-alcoholic drinks in the first nine months of 2025. This shows how much money Nigerians spent on brewery products during that period.

The unaudited financial reports from Nigerian Breweries Plc, International Breweries Plc, and Champion Breweries Plc show strong business performance driven mainly by beer sales.

Nigerian Breweries Plc Leads the Market

Nigerian Breweries Plc, the largest brewing company in Nigeria, made a total of N1.05 trillion in revenue from January to September 30, 2025. This was up significantly from N710.87 billion during the same period in 2024. The company recorded a gross profit of N415.15 billion after accounting for the cost of producing its drinks.

After paying for selling, distribution, administration, and financing costs, Nigerian Breweries made a profit after tax of N85.51 billion. This was a big recovery compared with a loss of N149.50 billion in 2024.

This strong performance continued a trend of improving results for the company, with earlier reports showing solid profit growth in the earlier part of the year.

International Breweries Returns to Profit

International Breweries Plc also recorded higher sales, earning N472.57 billion in revenue during the first nine months of 2025, up from N343.45 billion in the same period of the previous year. It returned to profitability with a profit after tax of N57.83 billion, reversing a large loss reported in 2024.

Earlier in June, International Breweries posted a quarterly profit of N11.9 billion, showing the company had already begun turning around its performance earlier in 2025.

Champion Breweries Also Improves

Champion Breweries Plc generated N21.44 billion in revenue for the nine-month period, compared with N14.02 billion in 2024. The company posted a profit after tax of N2.05 billion, a significant increase from the N21.50 million profit in the same period of the previous year.

What Experts Say

Financial analysts say these results show the resilience of Nigeria’s beer market. Despite rising production costs and economic challenges, many Nigerians still choose to buy beer and other drinks, supported by strong brand loyalty and wide distribution networks.

One expert noted that the market is changing, with some consumers reducing beer consumption due to cost pressures. This has led brewers to find new ways to attract and keep customers.

Another economist pointed out that high sales figures do not always mean a big overall impact on the economy. What matters more is how much real value companies add through their operations, not just their total sale