Guinness Nigeria Plc has addressed reports suggesting it is considering exiting Nigeria due to forex challenges These reports emerged after Diageo announced the sale of its majority stake in Guinness Nigeria to Tolaram The company’s popular brands include Harp, Guinness, Johnnie Walker, Baileys, Smirnoff, Gordon’s Dry Gin, and Malta Guinness, among others

Guinness Nigeria Plc has again reiterated that it has no plans to close its operation in Nigeria despite the economic challenges. Adebayo Alli, Managing Director of Guinness Nigeria Plc, stated this in response to rumours of plans to close shop following Diageo’s decision to sell its majority stake to Singapore-based conglomerate Tolaram.