Guinness Nigeria Plc has reported a N54.7 billion loss for the financial year ended June 30, 2024. This was N36.5 billion higher than the N18.1 billion...
Guinness Nigeria has announced Tolaram, a Singaporean firm as its new owners after signing an agreement to acquire United Kingdom enterprise, Diegeo’s 58.02 per cent shareholding...
Guinness Nigeria has appointed John Musunga to replace the outgoing Managing Director and Chief Executive Officer, Baker Magunda, after the latter resigned from his position in...
Guinness Nigeria has appointed Dayalan Nayager as a Non-Executive Director and Vice Chairman of the company’s board of directors following the retirement of John O’Keeffe. O’Keeffe...
This week’s stocks to watch are Guinness Nigeria, Seplat and Dangote Sugar based on their off-capital market activities which were monitored by Ripples Nigeria. Ripples Nigeria...
Guinness Nigeria has denied reports that the company is preparing to discontinue its business in the country, and currently seeking buyers for its assets in the...
This week’s stocks to watch consist mostly of companies involved in acquisitions or buyback of stake, which is expected to have positive or negative impact on...
Stanbic IBTC Nominees Limited, a substantial shareholder of Guinness Nigeria, has reduced its stake in the brewer, as new investors take up shares in the alcohol...
Guinness Nigeria shareholders saw their rival, Guinness, gain as they lost about N1 billion during the same period. The end of trading last week showed investors...
Omobola Johnson has been appointed by Guinness Nigeria as its chairman, following the retirement of Babatunde Savage from the position. Savage had informed the company of...
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) on Monday said it had retrieved a previously unremitted excise duty worth N474 million from beer maker, Guinness Nigeria Plc....
Alcoholic beverage manufacturing giant, Guinness Nigeria Plc, has reported a 49% plunge in its pre-tax profit for the half-year ended 31st December 2019 despite a marginal increase...
Stiff competition in the Nigerian alcoholic beverage space may have pushed Guinness Nigeria‘s profit into negative territory. This is according to the company’s financial statement for...
Last week was a bearish one for the Nigerian Stock Exchange (NSE), with the market shedding 1.68%. Out of the traded stocks we have carefully curated...
Guinness Nigeria Plc on Tuesday rounded off the pre-offer process for its planned new shares issue, indicating that the N39.7 billion rights issue may open in...
Nigerian equities continued to show widespread buying sentiments but share price losses recorded by some highly capitalised stocks continued to undermine the overall market position. Continuing...
Fear that the parent company of Guinness Nigeria, Diageo, has concluded plans to reduce its share holding in the company became clearer on Wednesday as it...
Nigeria’s two leading breweries, Nigerian Breweries (NB) Plc and Guinness Nigeria Plc braced up the overall market position at the Nigerian Stock Exchange (NSE) to a...
Investors at the Nigerian stock market reacted with a seemingly overwhelming rush to sell as Guinness Nigeria Plc on Thursday announced that it posted a net...
Banking stocks led Nigerian equities to a positive start this week, sustaining a modest rally that saw quoted equities closing last week with a gain of...
A rally within the highly capitalised stocks group on Thursday counterbalanced equally wide losses among several other stocks to sustain the Nigerian stock market on the...
There were more decliners than advancers as the equities market reopened on Monday to widespread selling orders but gains recorded by oil and gas stocks rallied...
Guinness Nigeria Plc would lay off some of its staff as part of a broad corporate restructuring aimed at repositioning the company for long-term growth. In...
