Tag Archives: Guinness Nigeria Plc

Guinness Nigeria unveils new spirits production line in Benin City

Guinness Nigeria Plc, on Tuesday commissioned a new spirits production line in its Benin City facility. The new line, which is valued at £12m (N4.8bn), will enable the company to produce previously imported spirits locally.

Speaking at the unveiling of the new line, the Chairman of the Board of Guinness Nigeria Plc, Mr. Babatunde Savage, disclosed that the company had a long history in Nigeria and in Benin since it built its brewery in 1974. He noted that the production line, with a design capacity of 1.2m cases and the first of its kind in Nigeria, would offer a wider opportunity to provide quality products for its numerous customers.

How brewers are selling beer with folklore

As Nigeria’s recession deepens and consumers pockets are squeezed, majority of those still drinking have shifted their beer preferences to value or low cost brands.

Nigerian Breweries Plc, the country’s leading brewer recently re-launched Goldberg Lager, one of its low cost brands as “Your Excellency” in a new credential campaign.

Guinness Nigeria partners NYSC to promote responsible drinking among youths

Guinness Nigeria Plc has stepped up its commitment to responsible drinking behavior among consumers by partnering with the National Youth Service corps (NYSC) to deliver its innovative and trailblazing DRINKIQ training sessions to officials and corp members. The brewer hopes to spread the responsible drinking message across the country.

Guinness Nigeria losses worsen despite revenue growth

Guinness Nigeria Plc on Friday reported a net loss of N2.2bn in its first quarter results ending 30th September, further worsening its financial condition. The brewer which has been hard hit by the recession cited higher input costs, unfavourable currency translations with regards to Naira devaluation and unavailability, and a weak consumer spending which has shifted its preference towards value brands.

Guinness Nigeria appoints Emmanuel Egerton-Shyngle Commercial Director

Guinness Nigeria Plc has announced the appointment of Emmanuel Egerton-Shyngle as its new Commercial Director, effective 1st November 2016. He will be taking over from Paul Costigan who will be moving into other roles within Diageo.

Peter Ndegwa, Managing Director/CEO, Guinness Nigeria Plc said: “I am really excited to have Emmanuel in this new role as he builds upon the work that Paul has started and continues the execution of our aligned commercial strategy over the coming period. I want to really thank Paul for his immense contribution to developing our sales organisation over the past two years.

Guinness Nigeria seeks increase of local content by partnering with Benue State Government

Guinness Nigeria Plc has expressed an interest in partnering with the Benue State Government to increase local sourcing of raw materials for its operations and would consider working with local farmers towards meeting that goal.

Guinness Nigeria installs solar-powered drinking water facility in Benue community

Guinness Nigeria Plc said on Tuesday it has constructed a self-sustaining motorized solar-powered water facility in Tyowanye community in Buruku Local Government Area of Benue State.

The company said it was done in furtherance of its continued commitment to interventions that transform lives and improve the health and well-being of communities in Nigeria under its Diageo Water of Life Scheme.

Challenges ahead for AB InBev as it debuts in Nigeria

Anheuser-Busch InBev (AB InBev) is set to make its debut on Tuesday 11th October as a unified company, after closing on the deal to acquire SABMiller a day earlier.

There will be high anxiety and anticipation among investors, market watchers, competitors and beer drinkers around the world to see if this global beer behemoth which will control almost 30% of the world’s beer volumes and nearly half of its profits will succeed. Stakes will be high here in Nigeria also where both the new player and the incumbents have to fight for market share amid a worsening economy and what effect this would have on all participants.

Guinness Nigeria introduces its newest creation – Malta Guinness Herbs Lite

Guinness Nigeria Plc on Tuesday 4th October introduced its newest drink to the Nigerian public – Malta Guinness Herbs Lite, a line extension of its famous malt brand, Malta Guinness.

The brewer known for its iconic Guinness Foreign Extra Stout said that the new malt drink not only provides the goodness of Malta Guinness, but also gives the benefits of herbal extracts in a low sugar formulation.

Diageo rescinds offer to up stake in Guinness Nigeria

Diageo Plc, parent company of Guinness Nigeria Plc announced on Tuesday through its wholly owned subsidiary Guinness Overseas Limited that it was withdrawing its intent to raise its equity stake in Guinness Nigeria Plc by 15.7%.