Thursday, June 25, 2026
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
No Result
View All Result

Guinness Nigeria Hits N1 Trillion Market Capitalisation on NGX

Robert Imoh by Robert Imoh
April 14, 2026
in News
0

Guinness Nigeria Plc has achieved a major milestone on the Nigerian Exchange (NGX), crossing the N1 trillion market capitalisation threshold amid strong investor confidence and improved financial performance.

The company disclosed this development in a statement released in Lagos, highlighting sustained growth and positive market sentiment.

Recent market data shows that Guinness Nigeria’s valuation reached approximately N1.01 trillion as of April 10, with its enterprise value climbing to about N1.05 trillion.

This milestone reflects a significant re-rating of the company, driven by stronger fundamentals and strategic repositioning.

On the trading floor, the company’s share price closed at N462.90 on April 12, extending a steady upward trend that has lasted for over a year.

The rally has boosted shareholder value and strengthened confidence in the company’s long-term outlook.

Financial results for the 18-month period ending December 31, 2025, showed robust performance, with revenue rising to N730.8 billion.

Gross profit also recorded substantial growth, increasing by over 150 percent to N230.5 billion, indicating improved operational efficiency.

The company returned to profitability during the period, posting a net profit of N41.16 billion, compared to a loss in the previous reporting cycle.

This performance follows a transition to a new financial year ending December 31 and marks the first full reporting period under the current ownership structure.

Chairman of the Board, Prof. Fabian Ajogwu, described the achievement as a reflection of the company’s resilience and strategic direction.

He noted that the milestone demonstrates the strength of the company’s brands and growing investor trust in its future prospects.

Ajogwu said the company’s growth was driven by improved revenue streams, cost management, and expansion of its distribution network.

He added that innovation, product development, and a focus on consumer needs have helped strengthen the company’s position in Nigeria’s beverage industry.

The company also reaffirmed its commitment to corporate governance, sustainability, and responsible consumption, while aiming to deliver long-term value to shareholders.

Looking ahead, Guinness Nigeria plans to sustain its growth through continued innovation, portfolio expansion, and disciplined capital management.

Tags: beverage industry Nigeriacorporate earnings NigeriaGuinness Nigeria newsGuinness share priceinvestor confidence NigeriaNGX market capitalisationNGX stocksNigeria business newsNigerian economyNigerian stock market
Previous Post

Oyebanji Gifts Ekiti-Born Africa Spelling Bee Champion, Coach, School N8m

Next Post

Olubadan Denies Role in Alleged Plot to Remove Governor Makinde

Next Post

Olubadan Denies Role in Alleged Plot to Remove Governor Makinde

House of Reps Minority Whip Ali Isa Resigns from PDP

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

https://freedomonline.com.ng/wp-content/uploads/2026/04/VID-20260408-WA0025.mp4
https://freedomonline.com.ng/wp-content/uploads/2025/01/5aeac180-db4e-4e7c-bd37-07ddbf15b053.mp4

Popular Stories

Plugin Install : Popular Post Widget need JNews - View Counter to be installed

Latest Stories

Birthday: Kalu felicitates Gbajabiamila

June 25, 2026

Mr President, Leave the Desk and Talk to Us – William Olubodun

June 25, 2026

One dead, seven injured as trailer rams into APC campaign procession

June 25, 2026
Police

Police disclaim alleged personnel interaction with bandits

June 25, 2026

FIFA World Cup 2026: Brazil top Group C as Morocco edge Haiti in thrilling finale

June 25, 2026

FIFA World Cup 2026: Bosnia, Switzerland secure World Cup progress

June 25, 2026
Alt="Chief Mike Ozekhome, a Senior Advocate of Nigeria (SAN)"

LPPC suspends Ozekhome from rank of Senior Advocate

June 25, 2026
Freedom Online

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.

Navigate Site

  • Home
  • News
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates

Follow Us

No Result
View All Result
  • #13921 (no title)
  • Advert Rates
  • APC ad
  • Archive Sitemap
  • Contact
  • Contact Us
  • Documents
  • Full Width
  • Homepage
  • Ogun State
  • Ogun State banner ad
  • P-A
  • P-A2
  • Privacy policy
  • Sample Page
  • Sample Page
  • Submit an article
  • Welcome

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.