Three of the major brewers in Nigeria posted losses in the first half of this year as their borrowing costs swelled on the back of rising interest rates and naira devaluation..
Nigerian Breweries Plc, International Breweries Plc, and Guinness Nigeria Plc suffered a combined loss of N89.4 billion in H1 2023...
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Sun May 04 2025 19:36:21 GMT+0000 (Coordinated Universal Time)
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Three of the major brewers in Nigeria posted losses in the first half of 2023
Published (Updated) on Tuesday, September 26, 2023
• Top US Equities and Market Prices - United States Stocks, Shares, and Trading Updates
• Nestle shares fell after the departure of chief executive Mark Schneider, which followed slowing sales growth
• Nigerian Exchange (NGX) experienced N1.32 trillion loss due to selloffs in Zenith Bank, GTCO, Dangote Cement, among others
• Investors have lost over N3 trillion in just one month as CBN had increased the monetary policy rate (MPR)
• Julius Berger reported a loss of 17.15 percent by the close of weekly trading, positioning it as the top loser for the week
• Forty Innovative Ways to Leverage Artificial Intelligence (AI) Technology for Profit - How to Use AI to Make Money, Generate Profits for Your Business and Increase Your Income
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