Nigerian Breweries Receives Crucial Lifeline Ahead Of Rights Issue

Thewillnigeria | 19-09-2024 07:39pm |

September 19, (THEWILL) – Amid operational challenges, Nigerian Breweries Plc has received a crucial lifeline from its parent company, Heineken, as it prepares for capital raise through rights issue. The lifeline was by way of suspending interest payments on loans by Heinekens to its Nigerian subsidiary. This was disclosed by Managing Director Hans Essaadi during [...]The post Nigerian Breweries Receives Crucial Lifeline Ahead Of Rights Issue appeared first on THEWILL NEWS MEDIA.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.