By Itohan Abara-Laserian
Lagos, April 23, 2021 (NAN) Shareholders of Nigerian Breweries (NB) PLC. at the 75th Annual General Meeting (AGM) held April 22 approved dividend of N7.52 billion for the 2020 financial year.
Mrs Sade Morgan, Corporate Affairs Director of the company, said this in a statement on Friday in Lagos.
Morgan said the company assured the shareholders of its commitment to continually improve returns on their investments.
Morgan said the shareholders noted at the AGM that the total dividend payout came as a result of the exceptional performance recorded by the company for the 2020 financial year.
They stated that the 2020 results contained in the audited report and the 100 per cent dividend payout was a strong reflection of the company’s stability as well as its resilience in the face of the COVID-19 pandemic and operating challenges in the economy.
Raheem Akingbolu
In line with its corporate social responsibility thrust, Nigerian Breweries Plc has flagged off the seventh edition of the ‘Maltina Teacher of the Year’ aimed at recognising and celebrating exceptional teachers in Nigeria for their contribution to nation building.
Speaking at the ceremony held in Lagos, recently, the Corporate Affairs Director, Nigerian Breweries Plc., Mrs. Sade Morgan explained that entries opened online for submission from April 20, 2021 and will close on June 25, 2021.
Morgan noted that the initiative, “is one of the numerous ways through which the company is fulfilling its corporate philosophy of Winning with Nigeria.”
She urged all secondary school teachers in Nigeria to take advantage of the initiative to gain the deserved rewards and recognition.
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According to
Sade Morgan, the Corporate Affairs Director, Nigerian Breweries Plc, who was speaking at the flag-off ceremony of the 7th edition of the initiative, entries are open to all secondary school teachers in private and public schools in Nigeria on April 20, 2021, and will close on June 25, 2021. L-R: Head, Sustainability and Regulatory Affairs, Nigerian Breweries Plc, Jennifer Uchendu; Lagos Coordinator 1, Teachers Registration Council of Nigeria(TRCN), Muyiwa Ojewuyi; Corporate Affairs Director, Nigerian Breweries Plc, Sade Morgan and the National Treasurer, Nigeria Union of Teachers(NUT), Segun Raheem during the official flag-off of the 7th edition of Maltina Teacher of the Year initiative held in Lagos.
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