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Nine things we learnt from Nigerian Breweries’ 2019 financial result

Nigerian Breweries released its 2019 audited results Friday which revealed a 17.1 percent yearly decline in profit after tax to N16.1 billion. The profit decline will affect the dividend the Brewer will pay to shareholders. That’s after a final dividend of N1.51 per share was proposed, bringing total dividend to N2.01, 14 percent lower than the…

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