Stable Forex Regime Will Reset Nigerian Breweries, Others To Profitability In 2024 – Financial Expert
Financial Expert Says Stable Forex Regime Will trigger Nigerian Breweries, Others’ Return To Profitability in 2024
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Nigerian Breweries Announces Price Hike As Beer Set To Become Luxury For Average Man
Nigerian Breweries PLC has sent shockwaves through the beverage industry with its latest announcement of a price hike. This move revealed through a “Price Review Notification” distributed to direct customers in the West Zone, is scheduled to take effect from Monday, February
8 Firms Hit By Naira Devaluation: N918.1bn Currency Revaluation Loss
In a blow to major corporations, the decline in the naira’s value has led eight Nigerian firms to declare N918.1 billion in currency revaluation losses. The naira’s slide, exacerbated by the market-driven valuation initiated by the Central Bank of Nigeria, has sent
Golden Brew Leads Guinness, Others In Return On Investments, Brewers’ Valuation Hits N821bn
Majority of the Nigerian brewing companies in the stock market recorded an impressive return on investments for their shareholders in the first half (H1) of 2023. Nigerian Breweries, Guinness, International Breweries and Golden Brew shareholders were rewarded with N78.85 billion gain for holding
Seplat Energy, Total Lead List Of Highest Paying Companies In Nigeria
The personnel expenses of major Nigerian companies have increased to about N1 trillion in 2022, rising from N900 billion the year before, as the workforce skyrocket across several sectors. Note that the stated personnel expenses were drawn from 50 publicly listed companies
Nigerian Breweries To Borrow N25 billion Amid Financial Downturn
Nigerian Breweries is seeking new investors to invest in the company through Commercial Paper issuance, in order to borrow N25 billion. The Commercial Paper issuance is in Series 4, 5 and 6, which were opened on 28 April 2023, and slated to
Top Performing Drink Producers: Nigerians Spend N900 billion On Beer, Soft Drinks
How many drinks do you have in a day, a week, a month or better still, in a year? When you finally arrive at a number, know that thanks to you and your drinking buddies across the country, drink producers in Nigeria
Nigerian Breweries, NGX Group, Others Cost Stock Market Investors N24.58 billion
Nigeria’s stock market capitalisation slumped to N28.65 trillion from N28.68 trillion on Tuesday, 24 January 2023, after shedding N24.58 billion to low demands in Nigerian Breweries, NGX Group, and others. The loss was reflected in the All-Share Index which depreciated to 52,612.55 ASI after
Shareholders Of Nigerian Breweries, Honeywell, Others Make N30 billion In Hours
The value of the Nigerian bourse grew by 0.12 per cent on Wednesday, adding about N30 billion to the market capitalisation. Due to the growth, the market capitalisation increased to N26.37 trillion from N26.34 trillion at the end of trading. Also, the All-Share
Investors Record N61.81 billion Capital Market Loss; ‘Sell’ Pressure In Nigerian Breweries, Union Bank
On Tuesday, the market capitalisation closed at N25.77 trillion, depreciating from previous day’s N25.83 trillion. As a result, N61.81 billion capital market loss that took big chunk off the total investments held by shareholders in the Nigerian stock market . Similarly, the
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