Guinness Nigeria reports 11.8% revenue growth, citing stable macroeconomic policies

Guinness Nigeria recorded 11.8% revenue growth during the first half of 2026.

Managing Director Girish Sharma told CNBC Africa that stable macroeconomic policies drove the positive results.

The company, now majority-owned by Tolaram, continues to expand production and restructure product lines.

Financial reports show a reversal from a N54.8 billion loss to a N41.2 billion profit.

This turnaround occurred over an 18-month period as revenue reached a record high.