nigerian breweries Archives

Nigerian Breweries to raise N600 billion through rights issue

Nigerian Breweries Plc plans to raise up to N600 billion through a rights issue to address challenges posed by the Naira devaluation and high borrowing costs. The Company Secretary of …

Nigerian Breweries sinks to record N145 billion loss

by Ron Morgan

Nigeria’s largest beer maker Nigerian Breweries posted N145.3 billion in pre-tax loss for last year, its biggest since opening shop in the country in 1946. The beer maker recorded the …