Nigerian Breweries to increase prices of products

Nigerian Breweries to increase prices of products

Nigerian Breweries has said that the company will increase the prices of products as rising input cost threatens operations.InformationGuideNigeria In a memo to customers, the company stated that the price adjustments would take effect from August 10, 2023 but did not state which of its brand will be affected by the price increase. Read Other … Read more

Nigerian Breweries Offers N13.87bn To Shareholders

Nigerian Breweries Offers N13.87bn To Shareholders

The Board of Directors of Nigerian Breweries Plc, has offered N13.87bn dividends to shareholders. According to INDEPENDENCE, the foremost brewing company approved the results for the 2022 financial year, recommending the payment of a total of N1.43k per ordinary share of 50k each) to its shareholders. In October 2022,  the company had earlier paid an … Read more

Nigerian Breweries to Increase Share Capital

Nigerian Breweries to Increase Share Capital

Nigerian Breweries is set to increase share capital to N5.138b.Information Guide Nigeria BUSINESS HALLMARK reports that Nigerian Breweries Plc at its recent Extraordinary General Meeting has proposed an increase in the company’s share capital and bonus issue of N1.03 billion to shareholders. According to a statement available on the website of the Nigerian Exchange, the … Read more