GUINNESS NIGERIA PLC
Location
Lagos
Founded
1950-03-28
Website
Risk Signals
552 news mentions monitored
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Malt Beverages, Groceries and Related Products, Not Elsewhere Classified, Chemicals and Allied Products, Not Elsewhere Classified), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
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Recent Articles about GUINNESS NIGERIA PLC
Live alerts from global media, monitored by Business Radar
2024-08-12 (nairametrics.com)
Nine firms purchase $25.76 million from CBN’s retail Dutch auction to repay loans
The Central Bank of Nigeria (CBN) conducted a Retail Dutch Auction on August 6, 2024, where nine companies purchased a
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2024-06-11 (saharareporters.com)
Amid Economic Crisis, Tinubu Commends Tolaram Group For Buying Guinness Nigeria Majority Shares After Diageo’s Exit
President Bola Ahmed Tinubu has commended the Indonesian business conglomerate, the Tolaram Group, for believing in Nigeria and having absolute faith in its economy. Tolaram, which partnered Nigeria to build the Lekki Free Trade Zone and the country’ s first deep sea port, has acquired Diageo’ s
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2024-06-11 (platformsafrica.com)
Tinubu Reacts As Tolaram Group Acquire Diageo’s 58% Shareholding in Guinness Nigeria
President Bola Ahmed Tinubu has commended the Indonesian business conglomerate, the Tolaram Group, for believing in Nigeria and having absolute faith in her economy. Tolaram, which partnered Nigeria to build the Lekki Free Trade Zone and the country’ s first deep sea port, has acquired Diageo’ s
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2024-05-20 (opinionnigeria.com)
Manufacturers cry out as unsold goods accumulates in storage facilities
The Central Bank of Nigeria (CBN) report revealed that capacity utilisation in the food and beverages sector fell to 49% from 61% in the corresponding period in 2022, indicating a 20 percentage point decline.
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2024-03-27 (investorsking.com)
Private Sector Warns: Interest Rate Hike to Trigger Job Cuts and Inflation Surge
As the Central Bank of Nigeria (CBN) announced a hike in the Monetary Policy Rate (MPR) from 22.75% to 24.75%, concerns have been raised by the private sector regarding the potential ramifications on job stability and inflationary pressures.
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2016-09-21 (businesspost.ng)
FX Crisis: Guinness Nigeria Picks $95m Loan | Business Post Nigeria
By Ebitonye Akpodigha Due to dollar shortages in Nigeria, which has weakened the Naira against the US dollar at the foreign exchange market, Guinness Nigeria has announced receiving a loan of $95 million from its parent company, Diageo. This is to help organisation cope with the adverse effect of the dollar shortages
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