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Nigerian Breweries, Guinness announce price increases on products

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Nigerian Breweries Plc is increasing prices on some products due to rising operational and input costs.

In a letter dated March 13 and signed by John Oloche Ademu, zonal business manager, the new prices will take effect on March 20, 2026, and will affect selected stock-keeping units (SKUs).

The brewer said the adjustment became important due to prevailing economic conditions that have significantly pushed up the cost of doing business.

Nigerian Breweries produces several alcoholic beverages including Star Lager, Gulder, Legend Extra Stout, Heineken, Goldberg, Life, Star Radler and others.

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Its non-alcoholic range includes Maltina, Amstel Malta, Fayrouz, Climax Energy Drink and Malta Gold.

“As the country’s economic landscape continues to evolve, we want to inform you about an upcoming price adjustment,” the company said.

“Due to increases in operational and input costs, we will be implementing a price increase on select SKUs, effective Friday March 20, 2026.”

The brewer added that all fully funded and confirmed orders placed in its system before March 20 would still be processed using the existing prices.

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Similarly, Guinness Nigeria Plc has also notified its distributors of a planned price adjustment affecting selected SKUs across product categories.

In a separate notice dated March 14, the company said the new price structure would take effect from March 27.

“Following the prevailing economic conditions which have impacted significantly on our cost of doing business, this is to inform you that we plan to take a price increase on selected SKUs across categories,” the notice reads.

Guinness Nigeria also stated that fully funded orders entered into its system before March 27 would be delivered at the current prices.

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