N Seven Raises Guinness Nigeria Stake to 70.9%
N Seven Nigeria Limited, the Tolaram Group company that controls Guinness Nigeria Plc, has increased its stake in the brewer to 70.9 per cent, according to a disclosure to the…
Nigeria FMCG Giants Lift Profit Despite Flat Sales
Nigeria’s biggest FMCG manufacturers recorded a sharp rise in profits in the first half of 2026, despite almost unchanged revenue. The ten quoted companies posted combined profit after tax (PAT)…
Shekpe, Nigeria’s locally brewed gin rivals Nigerian Breweries, Guiness
The alcoholic beverage industry is facing an existential threat. Profits are declining for the mult-billion naira companies like Nigerian Breweries and Guiness. The impact of business decline for these big…
