NB’s N599.1 billion rights to boost balance sheet, eliminate FX loss

Nigerian Breweries Plc (NB) has said the firm’s N599.1 billion right issue would help strengthen its capital base by deleveraging its balance sheet, eliminate certain FX-related exposures and reduce bank borrowings

Helen Oji

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NB’s N599.1 billion rights to boost balance sheet, eliminate FX loss

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