Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
  • 2023 Elections
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
  • 2023 Elections
No Result
View All Result
Nairametrics
No Result
View All Result
Home Industries Manufacturing

Guinness Nigeria opens new £6.2 million ultra-modern headquarters in Lagos

Chike OlisahbyChike Olisah
11 months ago
in Manufacturing
Guinness announces retirement of Chairman, appoints former Minister as replacement
Share on FacebookShare on TwitterShare on Linkedin

Guinness Nigerian Plc, the Nigerian subsidiary of British multinational beverage and alcoholic firm, on Thursday, formally opened its new £6.2 million ultra-modern headquarters located at Cocoa Industries Road, Ogba, Lagos.

This is coming several weeks after the company denied reports making rounds that it plans to exit Nigeria or relocate its operations to Ghana.

Delivering her speech at the occasion, the Chairman of Guinness Nigeria, Dr Omobola Johnson, said the ceremony also doubled as a celebration of the 72nd Anniversary of Guinness Nigeria’s consistent business in the country.

The Guinness Nigeria complex is reported to have a bar, game room, gymnasium and modern office facilities among others.

What the Chairman of Guinness Nigeria is saying

  • Johnson noted that the world-class edifice was a testament of the Guinness brand’s confidence in continuing to do business in Nigeria and had rested rumours that the company was relocating from the country.
  • She said, “It is a testament that Guinness is here to stay and committed to doing business in Nigeria.’’
  • Johnson pointed out that the modern edifice shows the culture Guinness stands for and the company’s aspirations for the future.
  • Going further she said, “It is about working well, living well and also playing well.’’

What the Director-General of NAFDAC

The Director-General of the National Agency for Food and Drug Administration and Control (NAFDAC), Mojisola Adeyeye, thanked Guinness Nigeria for playing a critical role in the food and beverage sector.

Adeyeye, who was represented by the Director, Food, Safety and Applied Nutrition, NAFDAC, Mrs Eva Edwards, said the regulatory agency would continue to support Guinness to ensure the success of its business in Nigeria.

Also, Mr Mark Sandys, Global Head of Beer, Baileys and Smirnoff, Diageo Group, said Nigeria forms a special place in the history of Guinness being the second place the beer was brewed after Ireland, adding that the new headquarters was a clear indication of the company’s confidence in Guinness Nigeria based on its performance in the country.

What you should know

  • Recall that earlier in March, Guinness Nigeria reiterated its confidence in the Nigerian economy as it dismissed reports that it plans to leave Nigeria after establishing in Nigeria since 1950.
  • It restated its commitment to remaining in the country and delivering value to its stakeholders and consumers, maintaining that the rumour making rounds was at variance with the company’s current expansion and drive with the acquisition of a 25acres commercial property in a choice location in Lagos.
  • In its recently released financial statement, Guinness Nigeria Plc, Nigeria’s second-largest brewery, appears to have recorded impressive results, signifying that good times are back again.
  • The impressive result despite rising costs was said to be driven by resilient consumer demand and improved outlet coverage, as well as benefitting from headline price increases in key brands.
  • Revenue grew across all key categories driven by our strategic focus brands, Malta Guinness and Guinness, as well as double-digit growth in local and imported spirits and the ready-to-drink category.

Related

Tags: Guinness Nigeria

Comments 2

  1. EMEKA IBE says:
    April 30, 2022 at 11:21 am

    Is Guinness an Irish or a British multinational company? I know its global headquarters is in Dublin, Ireland.
    Please educate me on this point, as I’ve just seen Guinness being called a British concern for the first time in my entire life in this your article.

    Reply
  2. Gbenga says:
    May 1, 2022 at 8:50 am

    @Emeka;
    Guinness Nigeria Plc is owned by Diageo Plc which is a British company headquartered in London. The Guinness name/trademark is in itself now just a Brand and not a company anymore. It is an Irish brand brewed across the world but originating from St. James’s Gate in Dublin, Ireland. Diageo Plc trades under the Guinness Nigeria Plc name in Nigeria because Diageo was only just formed in 1997 as a merger of Guinness Brewery and Grand Metropolitan. Guinness Nigeria has been trading in Nigeria since 1962 and very popular hence no need to change company name when the merger happened as it is quite a significant heritage name for the Diageo.

    Reply

Leave a Reply Cancel reply

Press one
hfm
Mega Millions
fidelity banner
SME
HFM
Patricia





NM newsletters

Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

Recent News

  • FBN Holdings explains why 2022 results was not released on March 31st
  • Buhari approves July 28 as new date for conclusion of deep offshore oil block mini-bid round activities
  • Fears of a global recession could mean lower oil revenues for Nigeria

Follow us on social media:

Recent News

fbn-holdings-profit-jumps-by-123-to-n91-billion-in-q3-2022

FBN Holdings explains why 2022 results was not released on March 31st

April 1, 2023
Buhari approves July 28 as new date for conclusion of deep offshore oil block mini-bid round activities

Buhari approves July 28 as new date for conclusion of deep offshore oil block mini-bid round activities

April 1, 2023
  • Download Nairametrics iOS App
  • Download Nairametrics Android App
  • Home
  • Exclusives
  • Markets
  • Industries
  • Economy
  • Business News
  • Financial Literacy
  • Opinions

© 2023 Nairametrics

No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
  • 2023 Elections

© 2023 Nairametrics

error: Alert: Content selection is disabled!!