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Shareholders of Nigeria’s foremost brewing company, Nigerian Breweries Plc, have unanimously approved the dividend payout of N13.87 billion for the 2022 financial year. The dividend was approved at the 77th Annual General Meeting of the company held at the Civic Centre in Lagos on Wednesday, April 26, 2023.
Key highlights Nigerian Breweries finances its operations through a combination of debt and equity. The company's debt has increased significantly,
Shareholders of Nigerian Breweries Plc have unanimously approved the issuance of 2.1 billion bonus shares to qualifying shareholders following the
It is the brewer's first bonus issue in more than 18 years.
Flavour graced the stage alongside British-Ghanaian artist and producer Juls and New York's Superhero DJ Jon Quick.