Guinness Nigeria, the liquor producer in which Singapore-based conglomerate Tolaram acquired Diageo’s 58 per cent holding last year, netted N26.3 billion in profit for the fifteen months to September, enabled by a bumper fortune from revaluing its foreign currency balances.
The company, whose last financial year ended in June, chose to extend that reporting period by one quarter to last month as part of steps to end that tradition by switching its accounting year-end from June to…
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