Foreign investors inject N800b into breweries’ sub-sector
The world’s leading breweries are investing more than N800 billion in the Nigerian Breweries (NB) sub-sector in major boosts to the country’s quest for foreign direct investments (FDIs). Regulatory documents obtained yesterday showed that foreign majority investors are injecting some N800 billion in Nigeria’s two largest brewers- Nigerian Breweries (NB) Plc and International Breweries (IB) Plc, the largest recapitalisations in …