Nigeria, April 24 -- Nigerian Breweries, the local unit of the world's second biggest brewer Heineken, logged a 25.6 per cent rise in first-quarter earnings on Thursday, relative to the corresponding period of last year.

A passably strong growth in revenue and a sharp slide in finance costs drove performance.

Those factors helped take post-tax profit to N55.9 billion from N44.6 billion, and assisted the company to continue to coast along the path of recovery that began in 2025, after the two preceding years when it recorded heavy losses.

Heineken, the Amsterdam-based parent, on Thursday flagged a demand risk to its beers this year, foreseeing that mounting uncertainties around energy costs and inflation on account of the ongoing Middle...