Prices of soft drinks rise amid FX woes, inflationary pressure

Prices of soft drinks are on the rise as the industry continues to grapple with the fallout from macroeconomic headwinds induced by the drop in oil price. Nigerian Bottling Company (NBC), the More »

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 »

Category Archives: Events

Diageo’s – Capital Markets Day 2017 Wrap-up

Diageo held its Capital Markets Day (CMD) on 9th May 2017. The company’s Africa President, John O’Keeffe spoke with analysts on various issues covering the group’s business operations in Africa and Nigeria.

Beverage Industry News (NG) recaps some of the highlights of the day and the spirit firm’s strategy for Africa in 2017 and beyond.

Cadbury Nigeria’s CEO urges manufacturers to innovate to survive

The Managing Director and Chief Executive Officer of Cadbury Nigeria Plc, has advised colleagues in the Fast Moving Consumer Goods sector (FMCGs) to adopt flexibility to survive in the current economic climate in Nigeria.

Speaking at the April ‘Members’ evening of the Institute of Directors in Lagos, he advised manufacturers to embrace innovation.

In his speech titled ‘Proffering Solutions to the Challenges of the FMCG/Manufacturing Sector of the Nigerian economy’, the MD emphasized that manufacturers should not be frustrated at the various challenges facing them. Instead, they should be flexible to adopt new ways of doing things in the current economic condition.

Heineken officially commissions Ivory Coast brewery

Heineken officially opened its Ivorian brewery, Brassivoire, a joint-venture partnership between the Dutch brewer and CFAO.

The event was graced by top Ivorian government officials, including the Vice President, Mr. Daniel Kablan Duncan and the Prime Minister, Mr. Amadou Gon Coulibaly. Also in attendance were the CEO of Heineken, Mr. Jean-Francois van Boxmeer and representatives of CFAO, among others.

Campari Nigeria honours Outstanding Distributors at Annual Award

Nigeria’s rising status as a premium market for spirits was celebrated in high style on Friday 31 March 2017, when Brian Munro Limited, sole distributor of Campari in Nigeria held its Annual Distributor Awards for the 2016 financial year.

The annual Campari Distributor Awards honours and compensates outstanding Distributors of the brand.

Campari Nigeria ambassador 2Baba kicked off the festivities with a scintillating rundown of his classic and latest hits before a select crowd of celebrities, marketers, customers and distributors alike at the Renaissance Hotel, GRA, Ikeja, Lagos, while TEE-A delivered his signature rib-cracking humour over the course of the evening, to the delight of the audience.

Nigeria ranked 4th largest market in soft drinks sales globally in 2016

According to a recent released statistics, 38.68 million litres of soft drinks were sold in Nigerian in 2016.

This was disclosed by Mrs. Martina Claus, Head of Market Development, German Engineering Federation, on Wednesday at the ongoing Third International Trade Exhibition on Agrofood, Plastics, Printing and Packaging in Lagos.

Indonesian Food and Beverage exporters complain of high import tariffs in African and South American markets

Indonesian food and beverage producers to Africa and Latin America are raising concerns with their government about high import tariffs in these countries.

In a report published in the Jakarta Post on Tuesday, the chairman of the Indonesian Food and Beverage Association (GAPMMI), Adhi Lukman, said “these import tariffs ranged between 20% and 40%.

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.

Guinness Nigeria unveils new spirits production line in Benin City

Guinness Nigeria Plc, on Tuesday commissioned a new spirits production line in its Benin City facility. The new line, which is valued at £12m (N4.8bn), will enable the company to produce previously imported spirits locally.

Speaking at the unveiling of the new line, the Chairman of the Board of Guinness Nigeria Plc, Mr. Babatunde Savage, disclosed that the company had a long history in Nigeria and in Benin since it built its brewery in 1974. He noted that the production line, with a design capacity of 1.2m cases and the first of its kind in Nigeria, would offer a wider opportunity to provide quality products for its numerous customers.

The rise and sudden demise of SABMiller

This article is part-2 of a two-part story we first published on Wednesday chronicling the events leading up to the takeover of SABMiller by AB InBev. The original story first appeared in the Financial Mail, a South African publication and authored by Ann Crotty. We give credits to the author and the team at Financial Mail.

Ambode congratulates Nigerian Breweries at 70, concurs with brewer on Lagos Fiesta

The Lagos State Governor, Mr. Akinwunmi Ambode, paid a commemorative visit to Nigerian Breweries Plc on Tuesday, where he commended the brewer for its commitment to the economic prosperity of the state and the nation.

The Governor enjoined the company’s management to remain focused on excellent business practices and outstanding corporate governance. He congratulated the company on its 70th anniversary, noting that Nigerian Breweries has been part of the development of Lagos State since its creation fifty years ago.