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Nigerian Breweries Sustains Loss For Third Consecutive Quarters After Incurring N105.4bn Finance Cost

Nigerian Breweries PLC has sustained a loss for three consecutive quarters amounting to N57.19bn by September 2023, a position caused by the spike in...
Business

Nigerian Breweries, Stanbic IBTC, Three Other Companies Lost Over N156bn In One Week

The share prices of five companies dropped in the past week forcing the Nigerian Exchange Ltd to close on a bearish note on Friday.The...
Business

NB announces resignation of Yeliz Yedikardesler as a director

Mrs. Yedikardesler joined the Board in April 2022 after she joined the Heineken Group as the Regional Finance Director for the Africa, Middle East,...
Business

Why Nigerian Breweries, Access Holdings, MTN Nigeria are stocks to watch this week

Nigerian Breweries, Access Holdings and MTN Nigeria are stocks to watch out for this week, as the Nigerian bourse resumes for another trading week.Ripples...
Business

Why Transcorp Plc, Access Holdings, Nigerian Breweries are stocks to watch this week

Transnational Corporation (Transcorp) Plc, Access Holdings and Nigerian Breweries are some of the stocks to watch out for this week.Ripples Nigeria stocks watchlist is...
Business

Nigerian Breweries to raise N25bn via Commercial Paper

Series 4 is for a tenor of 95 days (with an implied yield of 12.5%), Series 5 for 186 days (with an implied yield...
Business

Nigerian Breweries in need of N25 billion, seeks new investors

Nigerian Breweries has disclosed that the company is in need of N25 billion to meet its capital requirement for the brewer’s operation.The drink producer...
Business

Nigerian Breweries shareholders approve N13.87bn dividend payout

The shareholders equally authorized an intercompany loan of 110 million euros from Heineken International, which is meant to settle foreign currency-denominated payment obligations of...
Business

Nigerian Breweries Declare N10.71bn Loss In Q1, Blames CBN’s Naira Redesign Policy

Nigerian companies have begun to recount the impact of the naira redesign policy of the Central Bank of Nigeria.The country’s biggest brewery company, Nigerian...
Business

Nigerian Breweries blames Emefiele’s CBN policy for N10.71bn loss

The operation of Nigerian Breweries was negatively impacted by the Naira redesign policy of the Central Bank of Nigeria (CBN) in the first quarter...
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