Despite the increase in price, Guinness Nigeria reported an after-tax loss of N61.7 billion for the nine-month period ended March 31, 2024 from a profit of N5.9 billion in the same period of 2023.
The brewer recorded 28 percent growth in revenue to N220.3 billion compared to N172.5 billion in the
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
