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Industrial court strikes out N10m suit against Nigerian Breweries

The National Industrial Court sitting in Awka, Anambra State on Tuesday, presided over by Justice J.I. Targema has struck out a N10 million suit brought against Nigerian Breweries Plc by one Chief Geoffrey Okey Omeh, a former staff of Life Breweries Limited, Onitsha, for lack of jurisdiction. In his judgement, after considering the submissions of […]
The post Industrial court strikes out N10m suit against Nigerian Breweries appeared first on Tribune Online. …

Nigerian Breweries to pay N19.4b net profit to shareholders

Nigerian Breweries to pay N19.4b net profit to shareholders

The board of directors of Nigerian Breweries Plc has recommended payment of the entire net profit of N19.4 billion recorded in 2018 as cash dividend to shareholders for the business year, despite the decline in the company’s performance. Shareholders will receive final dividend of N14.6 billion in addition to N4.8 billion earlier paid by the […] …

Nigerian Breweries made N19.4bn profit in 2018 — all will go to shareholders

Nigerian Breweries made N19.4bn profit in 2018 — all will go to shareholders

Nigerian Breweries Plc has announced a profit after tax (PAT) of N19.4 billion for the 2018 financial year. The company also made revenue of N324.4 billion during the year under The post Nigerian Breweries made N19.4bn profit in 2018 — all will go to shareholders appeared first on TheCable.

NSE demotes Nigerian Breweries to medium stock

NSE demotes Nigerian Breweries to medium stock

The Nigerian Stock Exchange (NSE) yesterday relegated Nigerian Breweries from its special status of high-priced stock to medium-priced stock, after the leading brewers slipped below the requirement for continuing recognition as high-priced stock. In a circular, the Exchange indicated that the review of Nigerian Breweries price trade activity over the most recent six months provided […] …

Court orders NB plc to apologise to customers for wrong use of “low sugar inscription’’

Yuletide: LCM doles out N5m to five charity homes

Justice Esohe Ikpomwen of Edo High Court, on Wednesday, ordered the Nigerian Breweries (NB) Plc, to apologise to one of its customers, Prof. Ernest Izevbigie, for wrongful inscription of “low sugar’’ on its product.
Continue reading Court orders NB plc to apologise to customers for wrong use of “low sugar inscription’’ at Vanguard News Nigeria. …

AFCON Qualifier: Pinnick dedicates Eagles’ win over Libya to Buhari

AFCON Qualifier: Pinnick dedicates Eagles’ win over Libya to Buhari

Super Eagles defeated the Libyan counterparts 4-0 on Saturday.
The post AFCON Qualifier: Pinnick dedicates Eagles’ win over Libya to Buhari appeared first on Premium Times Nigeria. …

Nigerian Breweries records 22% profit decline, blames new excise duty

Nigerian Breweries records 22% profit decline, blames new excise duty

Nigerian Breweries says it recorded a 22 percent decline in profit after tax for the half year ended June 30. This is according to the company’s unaudited result submitted to The post Nigerian Breweries records 22% profit decline, blames new excise duty appeared first on TheCable.

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