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Home » Guinness

Guinness

Guinness spends N500bn on costs as inflation bites
  • Business

Guinness spends N500bn on costs as inflation bites

Editorial Team4 months ago4 months ago02 mins

By Joe Udo LAGOS (CONVERSEER) – Guinness Nigeria Plc spent a total of N500.33bn on operational costs during the eighteen-month period ended December 31, 2025, as inflationary pressures sharply raised the cost of goods and services across Nigeria. The operational expenditure amounted to 140.67 per cent of the company’s total revenue of N703.8bn recorded during…

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  • Kano Pillars confirm departure of eight players after contract expiration
  • Nigeria’s inflation rate rises for third time to 15.93% in May ‘26
  • Kenneth Okonkwo Withdraws Support For Atiku Over VP Candidacy
  • Re-appointment of the Deputy Chief Executive Officer of the Seychelles Parks and Gardens Authority
  • LIVE MATCH: Spain vs Cape Verde | FIFA World Cup 2026
  • Artificial Intelligence May Change American Healthcare Forever, Study Suggests

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