NB PLC : Despite N51.3bn Advertising Spends , Post N106bn Loses FY 2023

▪︎Mr Hans ESSAADI, Managing Director/CEO DESPITE the N51.3 billion spent on advertising and sales promotion by the Nigerian Breweries Plc, the giant brewer reported a N106.3 billion loses for the financial year ended December 2023. Based on this, the Company’s Board of Directors has notified its shareholders that it did not recommend any dividend for…

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