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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...
Interest Rates Will Stay High Until Inflation Drops - Olayemi Cardoso
It was reported on Monday that Mr Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), has stated that interest rates will stay high until the country's inflation rate falls. The C...
British International Investment and Citi Invest $100 Million in SMEs
British International Investment, an impact investor and development finance institution based in the United Kingdom, has reported that it has entered into a risk-sharing agreement worth $100 million ...
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...
International Breweries Plc Reports Loss of N70 Billion for 2023 FY
It was reported that after the Central Bank of Nigeria unified the foreign exchange market, International Breweries Plc reported a loss of N70.03 billion for fiscal year 2023, up from N21.63 billion t...