have given their nod to plans by Nigerian Breweries Plc to raise N600 billion through Rights Issues on the back of foreign exchange exposures that precipitated a loss of N106 billion for the 2023 financial year.
The company had announced at its pre-AGM briefing held on April 10, 2024, that the funds, when raised, would be used for payments of all overdue foreign exchange debts, eliminate forex exposure, and strengthen the company’s balance sheet and liquidity position. In separate statements, Boniface Okezie, National Coordinator, Progressive Shareholders Association of Nigeria , Bisi Bakare, National Coordinator, Pragmatic Shareholders Association , and Moses Igbrude, National Coordinator, Independent Shareholders Association Of Nigeria , both gave their backing to the Rights Issue, saying it will help steer the company back to profitability.
He called on Nigerian shareholders to embrace the offer because, according to him, the strategic plans being put in place by the company will lead to a quick return to profitability. Exposed!! Popular Abuja doctor revealed how men can naturally and permanently cure poor erection, quick ejaculation, small and shameful manhood without side effects. Even if you are hypertensive or diabetic . Stop the use of hard drugs for sex!! It kills!/* real people should not fill this in and expect good things - do not remove this or risk form bot signups */