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: News

NBC pledges commitment to government’s resolve to reduce unemployment

Nigerian Bottling Company (“NBC”), the bottler of Coca-Cola products in Nigeria has said it remains committed to supporting government’s efforts to reducing unemployment in the country.

The firm which is a subsidiary of Coca-Cola Hellenic Bottling Company (CCHBC) and the largest soft drinks company in Nigeria recently unveiled a management trainee programme.

Beta Glass names Zulikat Wuraola Abiola to board as Non-Executive Director

Beta Glass Plc, announced on Wednesday the appointment of Dr. Zulikat Wuraola Abiola to its board as an independent Non-Executive Director with effect from 6th July 2017.

Dr. Abiola is the Managing Director of Management Transformation Limited (MTL), a management consultancy firm based in Lagos.

In her role at MTL which spans nearly two decades, she overseas business strategy for clients, business development, leadership, governance, organizational development, risk management and public sector policy consulting.

Distell’s full-year revenue grew 3.7% despite challenges

Distell Group, the South African wines, spirits and cider producer on Monday reported a 3.7% revenue growth for the full-year ended 30th June 2017. Revenue rose to R22.3bn ($1.72bn).

The company noted that its South African market which contributed 74% of group sales grew 7.8%, while volumes rose by 1.5%. The second-half of the year saw a marked improvement, with total volumes rising 5.4%.

Anheuser-Busch pledges to create 10,000 jobs in South Africa by 2021

South African Breweries (SAB), a subsidiary of Anheuser-Busch InBev in South Africa, on Monday unveiled an ambitious programme to create 10,000 jobs in South Africa by 2021.

AB InBev which last year acquired SABMiller, a brewer with deep roots in South Africa said the jobs to be created would come from the company’s various entrepreneurship schemes such as SAB Kickstart, SAB Foundation, SAB Thrive and SAB Accelerator, as well as its agriculture programmes to grow emerging farmers.

Guinness Nigeria posts 23% revenue growth, returns to profitability in full-year

Guinness Nigeria Plc, said on Tuesday that revenue for the full-year ended 30th June 2017 grew 23% to ₦126bn, up from ₦102bn in the previous year.

The maker of Guinness Foreign Extra Stout and Dubic Lager said it returned to profitability for the first time in four quarters, posting a profit of ₦1.9bn, from a loss of ₦2bn.

Table water producers threaten to leave Lagos State over multiple levies

Producers of table water in Lagos State are threatening to leave the state en masse for neigbouring Ogun and Oyo states if Lagos does not take steps to harmonise its tax collection system.

“Our members are poised to relocate to Ogun and Oyo. We have 2,600 members, with each employing at least 20 workers,” Clementina Ativie, president, Association of Table Water Producers of Nigeria (ATAWAP), Lagos State chapter, said in Lagos.

Goldberg unveils Isedowo empowerment scheme in Ile Ife

Goldberg Lager beer, a brand of Nigerian Breweries Plc, on Thursday launched the much anticipated Isedowo Youth Empowerment Scheme at the palace of the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi Ojaja II amid fanfare.

The event brought together other prominent Obas and chiefs from the Southwest as his Majesty Oba Ogunwusi commended Nigerian Breweries for the initiative which he said is a bold step at improving the lot of small scale entrepreneurs in the South West region.

Pernod Ricard sales buoyed by innovation, growth in the Americas

French spirits group Pernod Ricard on Thursday reported a 13% lift in profit for the full-year ended June 2017. The company said that profit rose to €1.4bn ($1.65bn) on the back of a €9bn sales growth.

The maker of Jameson Irish Whiskey and Absolut vodka said that the good performance was fueled by strong growth in the U.S., an improvement in China, tight cost control and by innovation, which it describes as new products or variations of existing brands, like Absolut Lime vodka or Jameson Black Barrel.

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.