Daily Archives: February 1, 2020

Nigerian Breweries unveils Series 5 and 6 of Commercial Paper Programme


Nigerian Breweries Plc announced on Friday the continuation of its Commercial Paper Programme with the launch of its N45bn Series 5 and 6 of the programme which is set to open on the 3rd of February, 2020.

In a statement, the company said that while Series 5 would be for a tenor of 180 days, Series 6 would be for 270 days, and the aim is to raise up to N45 billion to support the Company’s short terms funding needs.

Wine and spirits producers launch campaign against underage and irresponsible drinking


Wines and spirits producers under the umbrella body, Distillers and Blenders Association of Nigeria (DBAN) have announced the launch of a six months campaign against underage and irresponsible drinking across the country.

The Chairman of the association, Chief Patrick Anegbe, announced the initiative on Thursday while addressing the media and other stakeholders.

He noted that underage and irresponsible drinking were serious social problems that needed to be addressed even it affects the bottom line of the association members.