Monthly Archives: August 2017

NBC hosts fifth energy efficiency workshop

Nigerian Bottling Company (“NBC”), the bottler of Coca-Cola products in Nigeria hosted the fifth pilot Energy Efficiency Network (EEN) workshop for industries in Nigeria.

The event took place at the company’s Ikeja, Lagos plant on 17th August 2017, and attracted industry stakeholders and participants from other companies in the network and engaging in a series of practice-driven discussions focused on energy efficiency and aimed at supporting the participating companies to identify opportunities for sustainable energy cost savings.

Guinness Nigeria sponsored engineers graduate

The first set of students from the Guinness Nigeria sponsored Graduate Skills Development Scholarship scheme has passed out in flying colours. The graduates completed a year’s training at the National Power Training Institute of Nigeria (NAPTIN).

At their graduation, Corporate Relations Director, Guinness Nigeria Plc, Mrs. Viola Graham-Douglas, said the objective of the collaboration with NAPTIN was to provide a pool of resourceful, competent and versatile engineers capable of delivering peerless technical services to further shore up the government’s transformation agenda in the power sector.

Avon Crowncaps suspends trading on the Nigerian Stock Exchange

Avon Crowncaps & Containers Nigeria Plc, makers of screwcaps, metal containers and steel drums for a diverse industry including beverage companies (soft drinks producers, juice and dairy makers, brewers and spirits producers) among others announced on Thursday that it was suspending the trading of its shares on the Nigerian Stock Exchange (NSE) effective 31 August 2017.

The company which has seen its fortunes decline over the last five years had sought to buy out its minority shareholders who hold about 21% of the firm’s shares so it can be taken private and restructured.

Avon Crowncaps is majorly controlled by Wilko Corporation, a private company registered in the Bahamas.

Emerging markets growth lifts Brown-Forman’s Q1 results

American spirit firm Brown-Forman Corp reported a 9% sales growth for the first quarter ended 31 July 2018. Revenue rose to $723m from $661m in the previous year.

The company credits its success to continued improvement in emerging markets, driven by improving consumer demand in a more stable exchange rate environment. The company’s two largest emerging markets, Mexico and Poland reported double-digit gains of 27%, fueled by strong growth of its Jack Daniel’s family of brands.

Arla Foods set to open new factory in Ghana

Danish dairy giant Arla Foods is opening a new sales and packaging facility in Ghana.

The new facility, Arla Foods Ltd., which would be based in Accra, will begin marketing the company’s branded dairy products in the country from September in response to growing demand for dairy products.

The facility will supply products from the company’s Dano brand, including powdered milk, butter and cheese from value-added brands like Arla and Lurpak.

Goldberg Lager to launch youth empowerment scheme for budding entrepreneurs in the Southwest

Goldberg Lager beer, a brand of Nigerian Breweries Plc, is set to unveil an empowerment scheme tagged Isedowo in Southwestern states on Thursday, 31 August 2017.

The scheme, which is designed to equip young Yoruba men and women with the support to grow their businesses, will be launched at the palace of the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi Ojaja II.

Emmanuel Agu, Portfolio Manager, Mainstream Lager and Stout Brands, Nigerian Breweries Plc, said that, in addition to the brand’s commitment to support the culture and tradition of the Yoruba people, it would use Isedowo to inspire entrepreneurship in the region, thus impacting employment and income generation.

AB InBev gets nod to merge its Nigerian breweries

International Breweries Plc (“IBPlc”), the Ilesha-based brewer owned by Anheuser-Busch InBev (AB InBev) announced on Tuesday it has received regulatory approvals from the Nigerian Securities and Exchange Commission (“SEC”) and the Nigerian Stock Exchange (“NSE”) to merge with its sister companies, Intafact Beverages Limited and Pabod Breweries.

Goldberg Lager to increase sponsorship of cultural festivals in Southwest

Goldberg Lager beer, a value beer brand from the stables of Nigerian Breweries Plc, has announced plans to sponsor various cultural festivals across Southwestern Nigeria as a way to promote the culture and traditions of the people.

The festivals, which include Osun Osogbo, Udiroko, Oranyan, Ojude Oba, Olojo and Oyemekun, are scheduled to hold between the months of August and November.

Speaking on the plans for the sponsorship, Emmanuel Agu, the Portfolio Manager, Mainstream Lager and Stout Brands, Nigerian Breweries Plc, said with the sponsorships, the brand is reiterating its commitment to supporting the promotion of Yoruba culture and traditions, in line with its three-point agenda of culture, respect and enjoyment.

Alomo Bitters gets a new look

Alomo Bitters, the flagship brand of Ghana-based Kasapreko Company Limited was unveiled on Friday in Lagos with a new look as the brand seeks to consolidate its position in the Nigerian bitters market.

At a media parlay held at the Renaissance Hotel, G.R.A. Ikeja, Lagos, the company said that the 750ml and 200ml bottles now come with a new Kasapreko tamper proof to help customers distinguish the brand from its rivals.

The new Alomo Bitters now has a holographic security-like shiny strip, similar to that found on currency notes and forms part of the plastic wrap over the bottle cap.

FBRA urges sectoral partnership to advance industrial waste recycling

The Food and Beverage Recycling Alliance (FBRA) has called on stakeholders in different industries to help set up sector specific alliances to assist with the recovery and recycling of waste items in their respective packaging streams.

According to FBRA, it will ensure the success of the Extended Producer Responsibility (EPR) policy of the Federal Government.