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Guinness Nigeria, 58.02%

Drinks

Value-capture verdict

EXPORTED

Authored here, owned and captured elsewhere.

Owned by

Singapore

The read

Diageo sold its 58% majority of Guinness Nigeria to Tolaram — the Singapore-based owner of Indomie — completing in March 2025, while keeping the Guinness brand on a long-term licence. A Nigerian institution passes from one foreign owner to another.

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