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Converseer Newspaper

Converseer

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Home » Guinness

Guinness

Guinness spends N500bn on costs as inflation bites
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Guinness spends N500bn on costs as inflation bites

Editorial TeamFebruary 22, 2026February 22, 202602 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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