Nigerian Breweries begins N20bn capital raising via commercial paper

Nigerian Breweries begins N20bn capital raising via commercial paper

Nigerian Breweries plc has launched its series 9 and 10 commercial paper (CP) to raise a maximum of N20 billion. The company disclosed this in a press statement filed at the Nigerian Stock Exchnage (NSE) in which it intimated the Nigerian bourse and the investing public with the development. In the statement signed by Uaboi G. Agbebaku, the company secretary, Nigerian Breweries explained that the series 9 and 10, which opened for subscription on October 23, 2020, is a continuation of its commercial paper programme. The statement read: “Nigerian Breweries…

Read more