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Nigerian Breweries to raise N600bn capital through rights issue

Nigerian Breweries to raise N600bn capital through rights issue

Agbebaku stated that the aim was to strengthen its balance sheet and reduce debt burden highlighted by a net loss of N106 billion in 2023.

4 April 2024 8:55 AM GMT
New banks minimum capital requirement will strengthen financial system – Expert

New banks minimum capital requirement will strengthen financial system – Expert

... First Bank, UBA, GTB, Access Bank and Zenith Banks with international authorisation will have no difficulty meeting this requirement.

29 March 2024 9:54 AM GMT