Browsing Tag
Guinness Nigeria
3 posts
Guinness Nigeria Reports N20 Billion Profit Following Tolaram’s Management
Guinness Nigeria Records Substantial Recovery in Q2 Profit
Nigeria’s largest brewer, Guinness Nigeria Plc, has reported a significant turnaround in its fortunes, with a pre-tax profit of N20.1 billion for the period ending December 31, 2024. This is a stark … Continue Reading
Guinness announces plan to leave Nigeria after 75 years
In a shock move, Guinness Nigeria, a subsidiary of global brewery brand Diageo, has announced plans to exit the Nigerian market and sell its controlling stake to Singaporean conglomerate Tolaram Group. The company’s decision comes after a tumultuous period … Continue Reading
Guinness to Exit Nigerian Market After 75 Years
Guinness Nigeria, a subsidiary of Diageo Plc, has announced its intention to exit the Nigerian market after 75 years of operation in the country. The company has agreed to sell its majority stake to the Tolaram Group, a … Continue Reading