Question 1

What Is GUINNESS Stock Price Today?

Accepted Answer

Guinness Nigeria Plc (GUINNESS) is trading at ₦423 today on the Nigeria Stock Exchange (NGX).

Question 2

What Does Guinness Nigeria Plc Do?

Accepted Answer

Guinness Nigeria Plc, a prominent beverage company in Nigeria, commenced its operations as a trading entity in 1950, initially importing Guinness Stout from Dublin. The company transitioned into a full-scale manufacturing enterprise, establishing its first brewery in Ikeja, Lagos, in 1962, which marked the first Guinness brewery outside of Ireland and Great Britain. Guinness Nigeria became a publicly listed company on the Nigerian Stock Exchange in 1965. Over the decades, it expanded its manufacturing footprint by building additional breweries in Benin City and Aba, and by 1986, it began investing in local sourcing of raw materials like maize and sorghum. Historically, it operated as a subsidiary of Diageo Plc, which granted it rights to import, market, distribute, and locally manufacture a broad range of international premium spirit brands. As of September 30, 2024, Guinness Nigeria Plc operates as a subsidiary of Tolaram Corporation Pte Ltd.

Question 3

When Was GUINNESS Listed on the NGX?

Accepted Answer

Guinness Nigeria Plc was listed on the Nigerian Exchange (NGX) on Jan 2, 1965.

Question 4

How Do I Buy GUINNESS Stock in Nigeria?

Accepted Answer

GUINNESS trades on the Nigerian Exchange (NGX). You can purchase shares through a licensed Nigerian stockbroker or a regulated platform that supports NGX-listed securities.

Question 5

What Sector Does GUINNESS Belong To?

Accepted Answer

Guinness Nigeria Plc is listed under the CONSUMER GOODS sector, specifically in the Beverages--Brewers/Distillers sub-sector.

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