In a press release published on 11 June, it is indicated that the Singaporean holding Tolaram Group has begun procedures in Nigeria to acquire a 58.02% stake in the brewer Guiness Nigeria from the British Diageo

The industrial sector in Nigeria and mainly the alcoholic beverages sector is attracting new investors. The transaction initiated by Tolaram Group is expected to be finalized during fiscal year 2025, subject to the obtaining of various regulatory approvals. The press release/terms é mentionne que “selon les of the transaction, style="font-family: "Bookman Old Style”, "serif" >Diageo will remain the owner of the Guinness brand, which will be licensed to Guinness Nigeria over the long term to enable it to continue its growth and development in the country under the leadership of Tolaram ”.