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: Coffee & Tea

Nestle Nigeria restates its commitment to Ogun State

Nestle Nigeria Plc, has reaffirmed its resolve to the development of Ogun State, host of two of its three factories in Nigeria.

The consumer goods and beverage company restated its commitment while marking the 4th Edition of Ogun State Investors Forum, which is a collaborative effort between the company and the host government.

Promasidor honours employees with long service

Promasidor Nigeria Limited, makers of Cowbell Milk, Top Tea, Onga and other quality products, at the weekend, celebrated 254 of its staff who have been with the company for over 10 years. The award ceremony, which was held in Lagos, brought together the company’s employees, relatives, and distributors from different parts of the country.

Krispy Kreme makes its debut in Nigeria

U.S.-based Food and Beverage firm Krispy Kreme has opened its first store in Nigeria at the Ikeja City Mall in Lagos, in what marks as the start of an expansion plan across the country.

The company said it has signed a development agreement with Quality Foods Africa (QFA) to open 20 Krispy Kreme stores across the country in the next five years.

Promasidor holds Annual Distributors Award in Dubai

Promasidor Nigeria Limited, makers of Cowbell and Loya Milk, Top Tea and others held its Annual Distributors Award Forum this year in Dubai.

The event was attended by the company’s top officials including its Managing Director, Mr. Anders Einarsson, Regional Sales Manager, North Central, Mr. Fakulude Bamidele and its most valued distributors.

Kano State Government spends N208m to empower Tea Sellers

Kano State Governor, Abdullahi Ganduje said that his administration has spent N208 million ($573,000) to empower 5,200 tea sellers in the state.

The announcement was made on Saturday during an empowerment programme at the Government House, Kano.

The governor said that the beneficiaries were selected from 484 wards in the 44 local government areas in the state.

Nestle Nigeria commits to increasing use of local raw materials

Nestle Nigeria Plc, has reiterated its commitment to growing the economy by simplifying its ingredients list and using more local raw materials.

The firm has also set a goal to source only eggs from cage-free hens for all its food products globally by 2025.

Cost savings initiatives, operating efficiencies boost Nestle Nigeria’s nine months profit

Nestle Nigeria Plc, one of the country’s largest Fast Moving Consumer Goods Companies (FMCG) said on Monday that revenue for the nine months to the end of September grew 43% to ₦185bn ($510 million), from ₦129bn ($355 million) in the same period last year.

The company behind such brands as Milo Cocoa drink, Nescafe Coffee, and Golden Morn among others said that the boost in sales was fueled by a strong consumer and distribution-led activities as well as benefits from last year’s price increases.

Nestle Nigeria appoints Jagdish Kumar Singla as new Finance & Control Director

Nestle Nigeria Plc has announced the appointment of Mr. Jagdish Kumar Singla to the position of Finance & Control Director effective 1 January 2018.

Mr. Singla will be taking over from Mr. Syed Saiful Islam, the current Finance & Control Director who is being transferred to Nestle Pakistan with effect from 1 January 2018.

Mr. Singla who has been the Country Controller of Nestle Sri Lanka since 2014 joined Nestle India in 1990 and served in various roles at the company’s Moga Factory and in Management Accounting at Nestle’s Head Office in Switzerland. He also worked as Nestle’s Factory Controller in Shuangcheng, China from 1997 and later as Business Controller for Nestle Milks and Nutrition for Greater China Region.

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.

Nestle Nigeria reaffirms commitment to youth entrepreneurship as it marks International Youth Day

Nestle Nigeria Plc said in a statement on Sunday that it is committed to providing support to young people by fostering youth entrepreneurship and helping the talented ones through training and job opportunities.

The message was conveyed by the company’s Corporate Communications and Public Affairs Manager, Victoria Uwadoka, on Sunday to mark this year’s International Youth Day on 12th August. Uwadoka in her statement said the company wanted to ensure the youths gained skills that would enable them contribute positively towards building peace in the society.