Guinness Nigeria floats N39.7b rights issue

Guinness Nigeria floats N39.7b rights issue

Guinness Nigeria Plc has secured the approval of  Securities and Exchange Commission (SEC) and   Nigerian Stock Exchange (NSE) to raise N39,700,688,598  by way of rights issue to existing shareholders on the basis of five new shares for every 11 held....
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Guinness Nigeria appoints Graham-Douglas as Corporate Relations Director

Guinness Nigeria appoints Graham-Douglas as 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.  She joined Lafarge Africa Plc, formerly WA...
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Guinness Nigeria shareholders approve N40b Rights Issue

Guinness Nigeria shareholders approve N40b Rights Issue

Guinness Nigeria Plc, on Tuesday in Lagos, secured shareholders approval for its   proposed N40 billion Rights Issue. Speaking at the Extra-Ordinary General Meeting (EGM), Babatunde Savage, Chairman, Guinness Nigeria Plc, said: “Guinness Nigeria has been i...
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Rights Issue: Guinness Nigeria to hold EGM

Rights Issue: Guinness Nigeria to hold EGM

Guinness Nigeria Plc is to hold an Extraordinary General Meeting (EGM) on January 24, 2017to secure Shareholders approval for a rights issue. In a statement, the company explained that it believed that the rights issue would allow the company to...
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Guinness Nigeria explains six per cent increase in revenue

Guinness Nigeria explains six per cent increase in revenue

Guinness Nigeria has announced 6 per cent increase in   revenue for the first quarter of its financial year ended 30 September 2016.   The company attributed the increase partly to contributions from its new mainstream and international premium spirits busi...
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Guinnness Nigeria declares N102B revenue

Guinnness Nigeria declares N102B revenue

Guinness Nigeria has today announced its first set of results combining sales from both beer as well as International Premium Spirits (IPS) like Johnnie Walker and Baileys, following its acquisition of distribution rights from its parent company, Diageo in Jan...
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Guinness Nigeria targets South African market

Guinness Nigeria targets South African market

(Bloomberg)  Guinness Nigeria Plc plans to increase exports to improve sales and generate more foreign exchange as the country’s second-largest brewer battles to overcome an economic slump in its home market.   The unit of London-based Diageo Plc will cons...
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