Guinness Nigeria Records Over N5 Billion Loss Due to Forex

Guinness Nigeria Plc has reported a loss of N5.233 billion for the year ended December 2023, primarily attributed to foreign exchange expenses. The unaudited interim financial statements, filed with the Nigerian Exchange Limited on Thursday, revealed the impact of forex challenges on the operating profit of the company. Shareholders of the brewing company had expressed … Continue reading Guinness Nigeria Records Over N5 Billion Loss Due to Forex