GUINNESS upsurges as Nigerian stocks plunge

Investors dismiss GDP report as stock market snaps 5 day gaining streak

The All-Share Index decreased by -0.57% to close at 39,045.13.

Bismarck Rewane, Nigerian Economic Summit Group raise concern over Nigeria’s debt

Bismarck Rewane resigns as a director from the Board of Guinness Nigeria Plc

by Omokolade Ajayi

January 2, 2021

The Board of Guinness Nigeria Plc has announced the resignation of Mr Bismarck Jemide Rewane.

Dangote Cement, MTN, Nigerian Breweries, 9 others raise N478.4 billion from commercial papers

by Research Team

December 11, 2020

Nigerian companies raised a sum of N478.4 billion through Commercial Paper issuances between January and September 2020.

Guinness Nigeria’s parent company, Diageo, appoints Ireena Vittal as Director

by Omokolade Ajayi

October 3, 2020

Ireena Vittal will also join the Audit, Nomination and Remuneration Committees on appointment.

Guinness warehouse in Lagos on fire

by Abiola Odutola

August 13, 2020

The warehouse was said to be used in storing plastic crates.

Value of shares traded by top 10 stockbrokers up 133% despite COVID-19, investors, Raging Bulls lift Brent Crude price by 10%

Okomu Oil, Unilever light up Nigerian stock market, investors gain N36.7 billion

by Olumide Adesina

May 19, 2020

Investors gained N36.7 billion at the close of trading on the domestic equities market in Monday’s trading session, with market ...

Guinness Revenue, Quick Take: Lower revenue & higher leverage underpins weak operating performance

Analysis: A better way to price Guinness shares

by Lawretta Egba

June 23, 2020

Years of declining revenues suggest there is a better way to value Guinness.

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Guinness Nigeria boss reveals factors pulling company’s profit

by Fakoyejo Olalekan

February 21, 2020

Guinness laid issues like port congestion, tax reforms and decline in alcohol pricing have eaten deep into the company's profit, ...

To protect margins, Nigeria’s top brewers are set to increase prices , Nigerian Breweries, Economy: Local corporates taking advantage of the low yield environment , Nigerian Breweries goes to the retail lab, Analysis: Nigeria Breweries, the glory days are gone

Nigerian Breweries goes to the retail lab

by Onome Ohwovoriole

June 12, 2020

Nigerian Breweries released its audited results for the 2019 financial year. As expected, there was a slight dip in both ...

Bourse, NSE in 2019, events & outlook, Foreign portfolio transactions drop by N280 billion as foreign investors remain net sellers of Nigerian equities , 2020 Nigerian Equities Outlook: Breaking the Jinx?, Equities: Foreign investors remain net sellers for second consecutive year , Investors part with N152.1 billion as bearish trade extends, Stocks close February in deep red as investment options dry up for Nigerians, Economy: Domestic investors hold sway in January

NSE’s market cap shed N152.1 billion as bears take over

by Samuel Oyekanmi

February 16, 2020

Investors in the Nigerian equities market lost N152.1 billion at the end of last week.

Tag: Guinness Nigeria