The Nigeria Customs Service, NCS, has commended Nigeria’s leading total beverage company, Guinness Nigeria Plc, for its strong compliance and due diligence in remitting its tax and statutory obligations to government. Customs Area Controller (CAC), Lagos Industrial, Nigeria Customs Service, Comptroller Morenike Oladunni, made the commendation during a visit to the company on Monday, October…
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Guinness Nigeria Appoints Four Directors To Boost Strategic Growth Plans
Four directors have been appointed by Guinness Nigeria Plc as the foremost brewer re-energizes to optimize performance and execute its strategic growth plans. The appointees are Bola Olajomi-Otubu, Human Resources Director; Colman Hanna, Supply Chain Director; Adenike Adebola, Marketing and Innovation Director (Guinness and Spirits) and Jody Samuels-Ike, Marketing and Innovation Director (Innovation, Lager, Consumer…
Guinness Nigeria Grows Revenue to N125b in 12 Months
The financial statements released by Guinness Nigeria Plc revealed that the company increased its revenue by 23 percent in the full year ended June 30, 2017. The results, which were released to the Nigerian Stock Exchange (NSE), also showed a gross profit of N48.3 billion which is 16 percent higher versus the previous year and…
Guinness Nigeria Explains Facts Behind N40b Rights Issue
Guinness Nigeria Plc yesterday presented a detailed breakdown of its plans to raise N39,700,688,598 by way of rights issue to its existing shareholders. The company shared details of its rights issue programme at a presentation which was held at the Nigerian Stock Exchange, Lagos. The event was attended by a cross section of stakeholders including shareholders,…
Guinness Nigeria Kicks Off N40b Rights Issue
Following shareholder approval received in January, Guinness Nigeria Plc has now received clearance of the issue documents from the Securities and Exchange Commission and approvals from the Nigerian Stock Exchange to list the new Guinness Nigeria shares on The Nigerian Stock Exchange. The funds raised will support the Company in executing its strategy in the…
Viola Graham-Douglas Is Guinness Nigeria’s Corporate Relations Director
Guinness Nigeria Plc has announced the appointment of Viola Graham-Douglas as its Corporate Relations Director, effective June 1, 2017. Mrs Graham-Douglas started her career in the banking industry in Nigeria and worked in varied roles with reputable banks. She joined Lafarge Africa Plc, formerly WAPCO Cement, as Treasury Manager, and subsequently became the Company Secretary/Head…
Guinness Nigeria Records 29% Growth In Revenue In Q3
Guinness Nigeria Plc, the nation’s leading alcoholic beverage manufacturer and a subsidiary of Diageo Plc, has released its unaudited results for the nine months ended 31 March, 2017. The results detail revenue growth of 29% and a 6% increase in gross profit when compared to the same nine-month period in 2016. While the first half…
Management Crisis Cripples Guinness Nigeria
Warren Buffet is regarded as the most successful investor of all times and one of his many quotes is no matter how great the talent, some things just take time. You can’t produce a baby in one month by getting nine women pregnant. That Guinness Nigeria has been around for a while is stating the…
Guinness Nigeria Resolves Dispute With NAFDAC
Guinness Nigeria can now confirm that a Notice of Discontinuance of the court action instituted against the National Agency for Food and Drug Administration and Control (NAFDAC) and the Attorney General of the Federation has been filed. The action was started following the receipt by the company of a letter dated 9th November 2015 from…
Guinness Nigeria Spoils Distributors With Plush Party
guiness nigeria Leading alcoholic beverage brand in the country, Guinness Nigeria, recently hosted its distributors to a dinner in Lagos, where they were rewarded for their loyalty over the years. At the 2015 National Distributors’ Conference and Awards Night themed ‘Themed, Partners for Growth’, the company used the occasion to announce its new trade incentives,…