-
JenneteUgo Anya
- October 14, 2024
Nigerian Breweries Extends Rights Issue Deadline Following SEC Approval
Nigerian Breweries Plc has announced the extension of its ongoing Rights Issue acceptance period, now set to close on October 18, 2024, instead of the original deadline of October 11. The extension, approved by the Securities and Exchange Commission (SEC), was made to accommodate public holidays that interrupted normal working days during the initial subscription […]
Read More
-
- September 20, 2024
Nigerian Breweries Is Set To Raise N599bn Through Rights Issue As Heineken Freezes Loan Interest
Nigerian Breweries PLC has secured crucial support from its parent company, Heineken, which has agreed to suspend interest payments on loans to the Nigerian subsidiary. This development was announced by Managing Director, Mr. Hans Essaadi, at the Nigerian Exchange (NGX) ‘Facts Behind the Rights Issue’ event. The suspension of loan interest is part of Nigerian […]
Read More