All posts tagged "Guinness Nigeria"

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  Guinness Earnings Top N126 billion, Declares N8 Dividend

  Guinness Nigeria released its 2012 audited financial statements today, reporting a revenue of N126.28 billion, up 2.1% from the N126.33 billion it made in 2010. The company reported a 14.2% increase in advertisement and promotion expenditure at...

  • Posted September 17, 2012
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  Guinness Nigeria spends N 55 Billion on Production Expansion, Creates 200 New Jobs

  Guinness Nigeria has disclosed that it has invested N 55 billion in order to expand its production capacity in Ogba, Lagos and Benin. Speaking on the development during a tour of its new facilities in Lagos, Harrison...

  • Posted March 6, 2012
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  Guinness Nigeria Profit Rises 31%

  Guinness Nigeria Plc’s full-year net income through June rose 31 percent to 17.93 billion naira ($115 million) from 13.74 billion naira a year earlier, the company said in a statement e-mailed today by the Nigerian Stock Exchange....

  • Posted September 13, 2011
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  Nigeria set to become largest market for Guinness

  Nigeria is expected to overtake the UK as the largest market for Guinness stout in 2014. According to Renaissance, sales of Guinness are currently being driven by Sub-Saharan Africa countries, with 41% of global volumes consumed in...

  • Posted August 24, 2011
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  Diageo to invest N55 billion in Guinness Nigeria

  Diageo plc (LON:DGE), the brewing giant, announced that it has partnered with Guinness Nigeria to invest N55 billion in Nigeria to expand its brewing capacity. The new investment will be used to upgrade the existing facilities and...

  • Posted July 24, 2011
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