“Business Will Continue”: Guinness Nigeria Speaks on Alleged Exit From Nigerian Market [Video]

• Guinness Nigeria has confirmed its commitment to the Nigerian market, ending speculations of its planned exit from the country
• Tolaram Group’s acquisition of Diageo’s 58% stake in the beverage company has led to the swelling of misinformation in the last few days
• Guinness confirmed continued operations in the country and affirmed that it will remain on Nigeria’s stock exchange

Legit.ng journalist Victor Enengedi has over a decade’s experience covering Energy, MSMEs, Technology and the stock market.

Guinness Nigeria Plc has addressed recent rumours suggesting it intends to exit the Nigerian market.

In a newly released statement, the beverage company, established in Nigeria since April 1950, categorically dismissed these reports as false and malicious misinformation.

Guinness Nigeria refutes exit speculations

Speculation about Guinness Nigeria’s departure emerged following Diageo’s sale of its 58.02% majority staketo …