Nigerian brewers are tapping into the capital market to secure much-needed funds and navigate negative working capital as they grapple with a liquidity crunch.
Data tracked by BusinessDay reveals that four breweries listed on the Nigerian Exchange have accumulated a negative working capital of N4
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David Olujinmi
David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene.
With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.
