Business

Nigerian Breweries turns cash-positive, braces for inflation, FX risks

Nigerian Breweries Plc said it has returned to a cash-positive position and sharply cut debt following a recent capital raise, giving the company room to temper price increases and navigate mounting economic risks in 2026. Thibaut Boidin, chief executive officer, said the brewer has strengthened its balance sheet after reducing borrowings from about N200 billion […]

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