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Multinationals Reassess Nigerian Market as Tolaram Buys Guinness Nigeria Stake

Vincent Nwanma

Vincent Nwanma is a seasoned analyst, columnist, and reporter with over 30 years of experience in business and economics journalism across Nigeria and Africa.
  • Tolaram acquires Diageo’s 58.02% stake in Guinness Nigeria Plc
  • Corporate exits raise questions about Nigeria’s business climate

 

Lagos, Nigeria – Tolaram, an Indonesian conglomerate, has acquired Diageo’s 58.02% stake in Guinness Nigeria Plc, marking another significant move by a multinational reassessing its position in Nigeria’s volatile business environment.

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