Daily Archives: November 5, 2018

Coca-Cola, FG partner to launch N4bn ‘Safe Birth Initiative’ to tackle high infant mortality and maternal rates

The Coca-Cola Company has partnered the Federal Government to launch an initiative worth N4bn to address the country’s high infant mortality and maternal rates.

The initiative tagged ‘Safe Birth initiative’ (SBI), which is also done in conjunction with the Office of the Senior Special Assistant to the President on Sustainable Development Goals (SDGs) and Medshare International Inc, a non-Governmental organisation donated four units of 40’ foot shipping containers of life-saving medical equipment for the inaugural project to the National Hospital, Abuja.

Guinness promises extraordinary football experience as football great Rio Ferdinand visits Nigeria

Guinness Nigeria Plc recently unveiled an exciting new partnership with legendary premier league footballer, Rio Ferdinand. The Manchester United defender will be visiting Nigeria from 30th November to 1st December to join Guinness’ efforts to find and celebrate Nigerian football fans that are Made of More.

In anticipation of Rio’s visit, Guinness Nigeria will be running a promo to select winners to join Rio at a live international match in Cameroon. The promotion will be launched on 9th November 2018. You are welcome to participate by sending an SMS of the code under the crown of your Guinness Promotional Bottle to 1759.

Champion Breweries reports profit decline in nine months amid disappointing sales

Champion Breweries Plc reported a 21% drop in profits for the first nine months of 2018 to ₦120 million. In the same period in 2017, the company earned ₦152 million. The profit decline accelerated in the third quarter by 40% to ₦40 million, from ₦66 million in the previous year.

The drop in earnings was attributed to disappointing sales despite higher selling and distribution expense. Net revenue declined by less than 1% in nine months to ₦3.2bn, but grew by 7.5% in the third quarter to ₦1.1bn.