Report
EUR 48.04 For Business Accounts Only

GUINNESS: Settles N1billion NAFDAC fine for N11.4 million

​Following media reports on 10 March that GUINNESS had reached a resolution with the National Agency for Food and Drug Administration (NAFDAC) which had on 9 November slammed a N1 billion ($5 million) as administrative charges for various clandestine violations of NAFDAC rules, regulations and enactments over a long period of time, we reached out to the Brewer’s management to confirm the story.

Underlying
Guinness Nigeria PLC

Provider
Vetiva Capital Management
Vetiva Capital Management

​Vetiva provides clients with independent and unbiased access to analysis and opinion. We keep our clients on the cutting edge of market information and provide up to date market intelligence on quoted companies. Our services allow brokers, investment firms, and asset managers focus their energies on developing investment strategies and client relationships.

Other Reports on these Companies
Other Reports from Vetiva Capital Management

ResearchPool Subscriptions

Get the most out of your insights

Get in touch