Guinness Nigeria Sees Sharp Intraday Rally After AGM Notice
Guinness Nigeria Plc is gaining momentum on the Nigerian stock exchange, with an intraday rally that has pushed its market value up by about 10%.
The brewer’s share price inched upward to N423.2 at the press time following the announcement of the annual general meeting schedule for April. The company’s shares are trading at their highest level in 52 weeks.
In its regulatory disclosure, the company told the Nigerian Exchange and shareholders that the 75th Annual General Meeting of the Members will be held at the Grand Banquet Hall, Civic Centre, Ozumba Mbadiwe Road, Victoria Island, Lagos State, on Wednesday, 15th April, 2026.
Guinness Nigeria delivered N41.2 billion in net income for the eighteen-month period ending December 2025, according to its financial statement released. The result was better than in 2024, reflecting the negative effects of Naira depreciation on the company’s large FX liabilities.
