Diageo has appointed Guinness Nigeria as its exclusive distributor of its international premium spirits brands.

The FTSE 100 drinks company announced on Monday that Guinness Nigeria, in which Diageo has a 54.3% shareholding, will become the exclusive distributor of its international premium spirits brands from 1 January 2016.

In the year ended 30 June 2015, Diageo’s international premium spirits net sales in Nigeria were £20m.

Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp