Page 19 - Breweries Plc News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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...

Goddy Egene The Managing Director of Nigerian Breweries Plc, Mr. Jordi Borrut Bel, has said called on shareholders to embrace the script dividend option proposal offered by the company because of its many benefits. Nigerian Breweries Plc has recommended a dividend of N7.7 billion for its shareholders for the 2020 financial year. However, the company also gave shareholders the option to receive additional shares instead of cash dividend. The recommendation, which amounts to a total dividend of N0.94 per ordinary share of 50kobo each, represents a 100 per cent payout. Speaking at the pre- annua...

Only a few days ago, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, led a delegation to Borno State to meet with the Governor of the State, Babagana Zulum. In the conversation with Zulum, Kyari promised the establishment of a gas-fired power plant in Borno State within a maximum of 4 months to solve the recent blackouts that resulted from insurgents cutting off Borno from the national grid since January this year. In Kyari’s words, “We have talked to each other and we think it’s very possible to establish a dedicated power plant in Maidug...

CBN "Naira 4 Dollar Scheme" Explained Blurb

Nigerian Breweries 2020 financial statement is proof that even the best can get caught up in the reality of changing business lifecycles