The Acting Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, has allayed business owners’ fears about the moves by the federal revenue agency to increase the country’s tax-to-GDP ratio to 18% from 10.86%, saying attaining the target will not necessarily involving raising tax rates. Adedeji, who restated the President Bola Tinubu-led administration’s […]
The Securities and Exchange Commission (SEC) Nigeria has registered the 2,055,226,476 bonus shares of Nigerian Breweries Plc approved by the shareholders at an Extraordinary General Meeting (EoGM) held on December 8, 2022 in Lagos. The Company Secretary, Barr. Uaboi Agbaku, in a corporate disclosure sent to the Nigerian Exchange Limited (NGX), stated that the befitting […]
Nigerian Breweries is set to pay its shareholder N13.87 billion total dividend as return on their investment for the financial year ended December 2022 The company’s Board of Directors hinted about the final dividend payout to investors in a statement issued by the Company Secretary, Uaboi Agbebaku, posted on Nigerian Exchange’s (NGX’s) website. The dividend […]
Nigerian Breweries Plc, one of Nigeria’s bottled drinks manuacturing companies, has launched its Series 1, 2, and 3 commercial papers under its N100 billion commercial paper programme. The Company Secretary, Barr. Uaboi Agbebaku, stated that the commercial papers were launched on Wednesday, and would last for 91 days, 120 days, and 154 days, respectively. According […]
An Ondo State High Court sitting in Akure, has ordered that the Nigerian Breweries (NB) Plc depot in Akure be sealed off pending the payment of the company’s tax liabilities in firm of haulage fees, totaling N169.175 million to the state government. The judge, Justice William Akintoroye, also granted the cross-petition of the state government […]