SPECIAL REPORT: Antimicrobial resistance crisis heightens in Nigeria, other countriesHaja Kadie Bangura : a tribute, By Yusuf BanguraSPECIAL REPORT: Antimicrobial resistance crisis heightens in Nigeria, other countriesHaja Kadie Bangura : a tribute, By Yusuf BanguraL-R Chief Executive Officer, NGX, Jude Chiemeka Managing Director, Nigerian Breweries Plc, Hans Essaadi; Company SecretaryLegal Director, NB Plc, Uaboi Agbebaku; Group Chief Executive Officer, Vetiva Advisory Services Limited, Chuka...
Speaking during the “Facts Behind the N599.1 Billion Rights Issue” presentation at the Nigerian Exchange Limited, NGX, on Tuesday, 17 September, 2024, the Managing Director of Nigerian Breweries Plc, Hans Essaadi, explained that the losses recorded in its financial statements was due mainly to the impact of the currency devaluation on foreign exchange denominated payables and higher interest expenses.
Also speaking during the presentation, the Chief Executive Officer of NGX, Jude Chiemeka, noted that ‘Facts Behind the Figures/Issue’ remains a platform to support its mission to enhance transparency and stimulate engagement in the capital markets. He added that the NGX was delighted that Nigerian Breweries Plc chose the platform to present its financial performance, operational updates, and strategic business recovery plan including the N588.1 billion Rights Issue.
Nigerian Breweries Plc is also the recipient of several awards and recognition in other areas of its operations, including product quality, marketing excellence, productivity and innovation, health and safety, corporate social responsibility, and sustainability. To learn more, visit the Nigerian Breweries website:
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