Guinness Nigeria

Business

Guinness Nigeria Profit Rises 53 Percent To ₦40.69bn As Finance Costs Fall

Ogochukwu Onwaeze, THEWILL -
Guinness Nigeria Plc reported a 53.1 percent increase in profit after tax to ₦40.69bn for the nine months ended September 30, 2026, supported by higher revenue, improved operating earnings and a sharp reduction in finance costs.
Business

Singapore-Based Tolaram’s $70 Million Bet on Guinness Nigeria Is Now Worth $355 Million – Report

Ogochukwu Onwaeze, THEWILL -
Tolaram's 58.02 percent stake in Guinness Nigeria has grown from $70 million to about $355 million in just over two years. The brewer has returned to profitability after years of foreign exchange losses and balance sheet pressure. The...
Business

Guinness Nigeria Posts ₦730.8bn Revenue, ₦41.2bn Profit as Growth Momentum Returns

Ogochukwu Onwaeze, THEWILL -
February 18, (THEWILL) — After a challenging prior year, Guinness Nigeria Plc has staged a strong financial comeback, posting robust revenue growth and a decisive return to profitability in its audited results for the 18-month period ended 31...
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BusinessTHEWILL -

The Money Traps we fall into

A trap is spending first and saving only what remains. After receiving a salary or payment, someone might buy new clothes, replace a phone or join friends for an expensive outing, intending to save later. By the end of the month, little is left.
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