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INTERNATIONAL BREWERIES SHARE LISTING BOOSTS NGX MARKET CAP BY N599BN
Main Points:1. Market Impact:- The Nigerian stock market capitalization increased by N599 billion due to the listing of shares by International Breweries Plc.- Market capitalization reached N54.047 tr...
Nigerian Breweries Plc Records N81.88 Billion in Q1 2024 Report
Nigerian Breweries Plc recently reported its Q1 2024 report, highlighting that the brewing company recorded a total gross profit of N81.88 billion in the quarter ending March 31.This significant incre...
Dangote Refinery Reduces Diesel and Aviation Fuel Again
On Tuesday, the Dangote refinery announced that aviation fuel and diesel prices would now sell for N980 and N940 per litre, respectively.This follows the company's announcement last week that it would...
International Breweries Shareholders Endorse $379.9 Million Loan-To-Equity Conversion
It has been reported that International Breweries' majority shareholder, AB InBev Nigeria Holdings BV, has accepted a $379.9 million loan from the company's shareholders to help it repay a loan it rec...
Layoffs Hit as Nigerian Breweries Plc Moves to Shut down Two Plants
Nigerian Breweries, one of the biggest beer manufacturers, announced on Tuesday in its recent note to the Nigerian Exchange Limited that it will proceed to restructure its entire business in response ...