7-Up company receives regulatory approval to delist shares from NSE

NIGERIA - Seven-Up Bottling Company Plc has received approval from the Nigerian Stock Exchange (NSE) to delist its shares from the Exchange following the submission of an application it made to the Exchange, seeking to delist its shares and end its 32 years on the big board. The company was first listed on the Exchange in…

Mounting losses at Seven-Up lead to ₦10.3bn loss in nine months

NIGERIA - Seven-Up Bottling Company Plc (“SBC”) reported its nine months results on Tuesday, with the ailing company posting a net loss of ₦10.3bn, a 113% increase from the ₦4.8bn loss it recorded in the previous year. The company, which recently exited the Nigerian Stock Exchange over its continued dismal performance in recent years, said…