Guinness Nigeria swings to profit after Tolaram takeover

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Guinness Nigeria Plc returned to profit in its latest reporting period, capping a turbulent transition year marked by a change in ownership and board overhaul.


The brewer posted a record revenue of N730.8 billion for the 18 months ended December 31, 2025, more than double the N299.5 billion recorded in the prior 12-month period, according to its audited financial statement filed with the Nigerian Exchange. Operating profit climbed 251 percent to N89.3 billion from N25.4 billion a year earlier.


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