Nigerian Breweries, Guinness to Increase Product Prices From March 20
Nigerian Breweries Plc (NB) has announced plans to increase the prices of some of its products as it moves to cushion the impact of rising operational and input costs.
In a notice sent to distributors, the company said the decision was driven by prevailing economic conditions that have significantly increased the cost of doing business.
In a letter dated March 13 and signed by John Oloche Ademu, zonal business manager (West), the company said the new prices would take effect from March 20, 2026.
According to the notice, the price adjustment will apply to selected stock-keeping units (SKUs), the identifiers used by companies to track and manage inventory.
Nigerian Breweries produces several major alcoholic beverages including Star Lager, Gulder, Legend Extra Stout, Heineken, Goldberg, Life, and Star Radler.
Its non-alcoholic portfolio 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 existing prices will still apply to fully funded and confirmed orders placed in its system before the effective date.
Similarly, Guinness Nigeria has also notified distributors of plans to increase prices on selected SKUs across its product categories.
In a separate notice dated March 14, the company said the new pricing structure would take effect from March 27, 2026.
“Following prevailing economic conditions which have significantly impacted the cost of doing business, we wish to inform you that we will be implementing a price increase on selected SKUs across categories,” the notice said.
Guinness Nigeria added that fully funded orders entered into its system before March 27 would be processed at the current prices.