Author: Marketforces Africa

MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

NB: Heineken, Distilled Trading, Stanbic Nominees Take 66% of Dividend Harvest Nigeria Breweries (NB) Plc. strengthened its bottom line in 2021, according to its latest regulatory filling as profit after tax inched up 72% year on year. Its profit distribution also inched higher, as the dividend aristocrat maintains payment culture. With the result, the leading brewer company edged ahead, leaving the pandemic pressures on its sales and profitability behind while consolidating on its market position. Nigerian Breweries controls about 60% of the market share, according to analysts notes. In the audited statement, Board of Directors revealed the decision to pay…

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