How brewers are selling beer with folklore

As Nigeria’s recession deepens and consumers pockets are squeezed, majority of those still drinking have shifted their beer preferences to value or low cost brands. Nigerian Breweries Plc, the country’s leading brewer More »

Challenges ahead for AB InBev as it debuts in Nigeria

Anheuser-Busch InBev (AB InBev) is set to make its debut on Tuesday 11th October as a unified company, after closing on the deal to acquire SABMiller a day earlier. There will be More »

Diageo’s credit quality ‘stronger’ than Pernod Ricard’s, says Moody’s

Credit rating agency Moody’s said in a report published on Monday that Diageo has a “stronger credit quality” than its rival Pernod Ricard.

Moody’s based its decision on Diageo’s lower leverage, larger size and market share, which it says supports stronger credit quality and a higher rating than its French rival Pernod Ricard.

Angostura defends integrity of rum

Angostura

Trinidad-based Angostura Holdings has come under fire following local press reports that the company’s rum production is being “audited”.

The Trinidad Express reported on 3 December that Angostura has been buying bulk rum from Cuba and South America and repackaging it, without substantial changes, and selling it to export markets.

NB says it has invested N243bn in Nigerian economy

Nigerian Breweries Plc, the country’s leading brewer said it has invested N243bn in the Nigerian economy. This was contained in a newsletter made available to the News Agency of Nigeria (NAN) in Abuja last Monday.

The company further stated that the amount translates to 0.65% of the country’s Gross Domestic Product (GDP).

Guinness Nigeria, FRSC flag-off Responsible Drinking Campaign

Guinness Nigeria Plc and the Federal Roads Safety Corps (FRSC) have kicked-off their annual ember months ‘Responsible Drinking Campaign’, counseling consumers against drink driving.

FG Partners L&Z Farms To Develop The Dairy Sector

The Nigerian Government and local dairy firm, L&Z Integrated Dairy Farms based in Kano have signed a Memorandum of Understanding (MoU) aimed at developing the dairy sector and helping to tackle the recurring Fulani herdsmen and farmers clashes in Nigeria.

The MOU signing which took place in Abuja had the Minister of Agriculture and Rural Development, Chief Audu Ogbeh sign for the Federal Government, while L&Z Integrated Dairy Farm chairman Keith Richards signed for the company.

Viju extends line into Yoghurt drinks

Viju Industries Nigeria Limited, makers of dairy-based fruit drinks which come in different flavours announced it was adding yoghurt drinks to its product line.

The Chinese dairy company which entered the Nigerian market in 2004 makes dairy-based fruit drinks derived from milk powder, sugar and fruit juice. Its sales have grown over the years and it now wants to add fast growing yoghurt segment to its product line.

Nigerian Breweries named Best Company in Responsible Consumption and Production

Nigerian Breweries Plc, the country’s largest brewer has been named the Best Company in Responsible Consumption and Production in 2016.

The award was announced at the 2016 edition of the Nigeria CSR Awards – The Social Enterprise Report and Awards (SERA) which took place in Lagos.

Nigerian Breweries, FRSC embark on annual “Don’t Drink and Drive” Campaign

Nigerian Breweries Plc, said it has begun the ninth edition of the ‘Don’t Drink and Drive’ campaign in some parts of the country, in partnership with the Federal Road Safety Corps (FRSC).

In a statement released by the company, it said the programme, which began in the Federal Capital Territory, Abuja was part of its efforts to promote responsible consumption of alcoholic beverages among road users, particularly commercial drivers and riders.

Heineken unveils Ivoire in new Ivory Coast brewery

Heineken N.V on Monday unveiled the first beer brewed in its new Brassivoire brewery in Ivory Coast even though the plant won’t open until 2017.

The Dutch brewer partnered with French trading firm CFAO to build a new brewery in Abidjan at a cost of 100 billion CFA francs ($172m). The deal was first announced last year with Heineken holding 51% stake in the joint-venture to CFAOs 49%.

Avon Crowncaps extends loss to Q2

Avon Crowncaps & Containers Nigeria Plc, makers of screw caps and metal containers for the beverage industry reported a net loss of N86m for the third quarter ending 30th September. In the same period in 2015, it recorded a net loss of N16m.