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: Beer

Guinness Nigeria drives National Development Through Its Agricultural Scheme

Guinness Nigeria Plc., has launched an agriculture scheme tagged “Grow with Nigeria”. The company said it’s in line with the Federal government’s effort to diversify the Nigerian economy through the promotion of agriculture. The event took place at the prestigious Transcorp Hilton Hotel, Abuja on the 22nd of January 2019.

Update on the fire incident at Guinness Nigeria factory in Aba

Guinness Nigeria Plc suffered a fire outbreak at its facility in Aba, Abia State on Friday, 18th January. However, after several hours of battling the flames, it was brought under control by the Aba Fire Service, with the material assistance and support from nearby companies.

In a released statement on Saturday, Guinness Nigeria had this to say: “On the 18th of January 2018, there was a fire outbreak at the Aba premises of Guinness Nigeria Plc located in Osisioma Industrial Layout. The fire which did not affect any of the buildings on site was swiftly contained and put under control by men of the Aba Fire Service Department with assistance from neighbouring companies.

Guinness Nigeria Aba brewery engulfed in flames

Flames engulfed parts of Guinness Nigeria Plc Aba brewery on Friday as fire fighters from the Aba and Umuahia Fire Service and nearby companies fought hard to contain the fire from spreading.

According to the News Agency of Nigeria (NAN), the fire started at about 11am on Friday and wasn’t contained until 6:46pm.

The Aba Fire Service said they met some challenges at the scene, which included inadequate water to fight the flames. They reached out to the Umuahia Fire Service, which sent back-up. They also received support from nearby companies as well as the Nigerian National Petroleum Corporation (NNPC) which provided a foaming agent that helped contain the fire.

New video of ‘fake’ Amstel Malta is misleading, says Nigerian Breweries

Nigerian Breweries Plc, makers of a wide range of alcoholic and non-alcoholic beverages has reassured consumers of its Amstel Malta that there are no fakes in the market.

The statement from the brewing company was prompted by a video purportedly in circulation on social media claiming the existence of a fake Amstel Malta in the market.

Alcohol ban is not against Nigeria’s constitution – Kano State Hisbah DG

The Kano State Government has said that the ban of alcohol sales in the state does not contradict Nigeria’s constitution.

Dr. Abba Sufi, Director-General, Kano State Hisbah Board, an agency of the state government made the comments while responding to questions surrounding the recent seizure and destruction of over 30 trailer loads of beer in Kano State during the Christmas period.

Nigerian Stock Exchange downgrades NB’s Stock to Medium-Priced Status

The Nigerian Stock Exchange (NSE) on Tuesday reclassified Nigerian Breweries stock from its special status of high-priced stock to medium-priced stock after the leading brewer’s stock price fell below the required threshold for continuing to be held as a high-priced stock.

In a circular, the Exchange said that a review of Nigerian Breweries price trade activity in the last six months provided the basis for the reclassification of the company’s stock from high-priced to medium-priced.

The NSE classifies quoted companies into three categories, high-priced, medium-priced and low-priced, based on their market price.

Zim Delta Beverages raises beer prices by 25% as inflation soars

Delta Beverages of Zimbabwe announced on Monday that prices for its beers would go up by 25% as it tries to stem escalating prices of local materials and services.

Delta which is 40% owned by AB InBev and 14% by Old Mutual Zimbabwe, said that the price increase was effective from Monday. However, it added that it had not made a decision on new pricing for its soft drinks and other products.

Delta Zimbabwe withdraws plan to start charging customers in U.S. dollars only

Delta Beverages Limited, Zimbabwe’s largest brewer and a subsidiary of AB InBev has withdrawn plans to exclusively start charging its wholesale and retail customers in U.S. dollars following an intervention by the government and the country’s Central Bank.

Zimbabwe’s Delta Beverages to start selling soft drinks in U.S. dollars

Delta Beverages Limited, a subsidiary of Delta Corp of Zimbabwe, said on Wednesday it will start accepting U.S. dollars as the only payment option for its soft drinks from wholesale and retail customers starting Friday, 4th January.

The company said that the move was necessary to protect its $600 million investment in plant and equipment, vehicles and ancillary services.

Recycling critical to environmental preservation, jobs – FBRA

The Food and Beverage Recycling Alliance (FBRA) has emphasised waste recycling, especially those of food and beverage packaging, as vital in environmental preservation.

According to FBRA, the value chain in the recycling process leads to job and wealth creation.