NB’s N600b rights to settle FX losses, local bank debt facility

Nigerian Breweries (NB) Plc has disclosed that the proposed N600 billion recapitalisation scheme by way of rights issue would settle N153 billion outstanding foreign exchange (FX) losses and part of its local bank debt facility.

The post NB’s N600b rights to settle FX losses, local bank debt facility appeared first on The Guardian Nigeria News – Nigeria and World News.

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