Daily Archives: April 3, 2020

Nigerian Breweries unveils Series 7 and 8 of Commercial Paper Programme

Nigerian Breweries logo

Nigerian Breweries Plc announced on Thursday the continuation of its Commercial Paper Programme with the launch of N48bn Series 7 and 8 of the programme which is set to open on the 6th of April, 2020.

In a statement, the company said that while Series 7 would be for a tenor of 182 days, Series 8 would be for 270 days, and the aim is to raise up to N48 billion to support the Company’s short terms funding needs.

Peterside resigns from Nigerian Breweries Board

Nigerian Breweries corporate Headquarters in Iganmu, Lagos

Nigerian Breweries Plc has announced the resignation of Mr Atedo Peterside from its Board of Directors.

In a statement, the brewing company said that Mr Peterside tendered his resignation to focus on the Anap foundation Covid-19, a Think Tank he formed following the outbreak of the Corona Virus pandemic in Nigeria.