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Guinness Nigeria

Guinness Nigeria Returns To Profit, Reports ₦16.2bn Net Gain

Guinness Nigeria Plc has recorded a strong financial recovery in its unaudited results for the fiscal year ending June 30, 2025, marking a significant turnaround for the beverage giant as it celebrates 75 years of operations in the country. The company reported

July 24, 2025

Business·Markets

Nigerians Spent N1.85 Trillion On Alcoholic, Non-alcoholic Drinks In 2024

In 12 months, Nigerians spent over N1.85 trillion on alcoholic and non-alcoholic drinks, according to an analysis of 2024 financials obtained from four brewing companies. The revenue generated by Guinness Nigeria, International Breweries, Nigerian Breweries and Champion Breweries is N838.34 billion or

April 16, 2025

Business·Markets

Guinness Nigeria Loses 77.27% Of Revenue To Production Costs

Guinness Nigeria reported N259,60 billion revenue in the year ended 2024, a 82.05 per cent increase compared to the N142.59 billion turnover recorded the previous year. However, an analysis by Prime Business Africa showed that 77.27 per cent of the revenue generated

April 15, 2025

Guinness Nigeria Appoints New Board Members As Tolaram Completes Acquisition

Business·News

Tolaram Completes Acquisition Of Guinness Nigeria, Appoints New Board Members

Tolaram Group, an international business conglomerate has finally completed the acquisition of Diageo’s shareholding in Guinness Nigeria. Diageo had in June 2024, proposed to sell its 58.02 per cent shareholding in Guinness Nigeria to Tolaram. With the completion of the transaction, Tolaram

October 3, 2024

Business·Insights

Top Performing Drink Producers: Nigerians Spend N900 billion On Beer, Soft Drinks

How many drinks do you have in a day, a week, a month or better still, in a year? When you finally arrive at a number, know that thanks to you and your drinking buddies across the country, drink producers in Nigeria

May 1, 2023

Business·Insights·News

Nigerians Drink Beer Worth N599.11 billion In 6 Months

Nigerians drink beer worth N599.11 billion in six months running from January t0 June 2022, according to the first quarter results of four major brewers in the country. Champion Brew ended the First Half (H1) 2022 as the best performing company in

August 22, 2022

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Guinness Nigeria

Guinness Nigeria Returns To Profit, Reports ₦16.2bn Net Gain

Nigerians Spent N1.85 Trillion On Alcoholic, Non-alcoholic Drinks In 2024

Guinness Nigeria Loses 77.27% Of Revenue To Production Costs

Tolaram Completes Acquisition Of Guinness Nigeria, Appoints New Board Members

Top Performing Drink Producers: Nigerians Spend N900 billion On Beer, Soft Drinks

Nigerians Drink Beer Worth N599.11 billion In 6 Months

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