The management of Nigerian Breweries Plc has explained the reasons behind its inability to increase its dividend policy for shareholders for the financial year ended December 31, 2012. It said a major part of its profit was ploughed back into the business, owing to its recent acquisition of major breweries […]
Tag: Nigerian Breweries
Nigerian Breweries to pay N22.68 billion ($144 million) as dividend in 2012 End
By Our Correspondent Lagos (INVESTADVOCATE)-Brewing Giants, Nigerian Breweries Plc (NB) Friday said it will payout N22.68 billion ($144 million) as dividend to shareholders of the Company for the 2012 Financial Year End (FYE). This is contained in the Audited Financial Statement for the Period Ended December 31 2012 released to […]
NB, GTBank shares gain on market making
Major stock prices closed high on Friday following the commencement of market making activities on the Nigerian Stock Exchange. Specifically, Nigerian Breweries, a stock quoted on the Consumer Goods segment of the Daily Official List hit an all-time high of N145 per share. The share rose by 6.23 per cent […]
