Nigerian Breweries gets approval for N599.1bn rights issue extension

The Securities and Exchange Commission has approved the extension of Nigerian Breweries Plc’s 599.1bn rights issue. The acceptance period, initially scheduled to close on October 11, has been extended to Friday, October 18, 2024, following the SEC’s approval. In a statement signed by the Legal Director/Company Secretary of Nigerian Breweries, Uaboi Agbebaku, the company expressed