Nigerian Breweries (NB Plc.) earnings projection for 2021 has been cut to N11.71 billion from N17.91 billion by equity analysts at WSTC Securities Limited after about 40% increase in profit in the first quarter of 2021. Meanwhile, volume growth expectation remains positive but analysts identified some downside risks
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Nigerian Breweries shareholders approve N7.5 billion dividend payout
Speaking during the AGM, shareholders noted that the total dividend payout comes as a result of the exceptional performance recorded by the company for the 2020 financial year.
Shareholders of
Nigerian Breweries Plc, Nigeria’s foremost brewer has approved the dividend payout of N7.52 billion for the 2020 financial year. The approval was given at the 75th Annual General Meeting of the company held at MUSON Centre in Lagos on Thursday, April 22, 2021, even as the company assured the shareholders of its commitment to continually improve the return on their investments.
Speaking during the AGM, shareholders noted that the total dividend payout comes as a result of the exceptional performance recorded by the company for the 2020 financial year.
Erica Nlewedim pays courtesy visit to Abia State Governor
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Following the two-day Homecoming Tour in Umuahia, Abia State, Legend Extra Stout, and brand ambassador, Erica Nlewedim has paid a courtesy visit to the Abia State Governor, His Excellency, Dr. Okezie Ikpeazu at the State Government House on Thursday, December 17, 2020.
This comes barely a month after Erica was officially announced as the new face of Legend and Star Radler during the unveiling of the new look for both brands. With the homecoming tour, Erica reconnected with her roots as she basked in the splendor of the Igbo culture while the brand deepened its connection and engagement with consumers in the eastern region. During her stint on the reality show, the brand ambassador had revealed that she was yet to visit her hometown.