Capital Market

International Breweries Names Andrew Ross New COO

By InvestAdvocate Lagos (INVESTADVOCATE)-Beer maker, International Breweries Plc (IB Plc) on Friday said it has appointed Andrew Ross as new chief operating officer (COO) of the company, it said in an issuer’s announcement to the Nigerian Stock Exchange (NSE). The brewer said Ross takes over from Carlos Gomes effective from […]

SEC Approves Nigerian Breweries, Consolidated Breweries Merger

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Nigeria’s Securities and Exchange Commission (SEC) has approved the proposed scheme of merger between brewing giant,  Nigerian Breweries Plc (NB Plc) and Consolidated Breweries Plc, according to a notice from NB Plc to the Nigerian Stock Exchange (NSE). The foremost Nigerian brewer said with […]

UBA to Shore up Tier 1 Capital via Rights Issue

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Africa’s global bank, United Bank for Africa Plc (UBA) on Friday said it has commenced the process of shoring up its tier one capital by way of rights issue, it said an issuer’s announcement to the Nigerian Stock Exchange (NSE). UBA said this is coming […]