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: Dairy

Group calls on FG to shelve N179bn plan to set up ranches

A group known as the Southern and Middle Belt Leaders Forum has rebuffed the Federal Government’s plan to spend N179bn to set up ranches across the country for herdsmen in 10 years, starting with a N70bn budget under the President Muhammadu Buhari administration.

FG, 10 States agree to set up ranches to end herder, farmer clashes

The Federal Government announced on Tuesday it has agreed with 10 states to set up ranches to end the constant herder and farmer crisis in the country.

The Secretary of the National Economic Council National Livestock Transformation Plan (NEC) Sub-Committee, Dr. Andrew Kwasari, said the Federal Government and states would spend N70bn in the first three years of the pilot scheme, adding that N179bn would be spent over a 10-year period on the National Livestock implementation.

GSK weighs selling Horlicks

Global food and beverage giants are scrambling to outbid each other for GlaxoSmithKline’s Horlick health nutrition business amid a review announced by the UK-based company, including options to sell some nutrition brands such as Horlicks.

Coca-Cola, Nestle and Kraft Heinz are said to be among the companies bidding for the 145 year old brand, with Coca-Cola said to be the front runner with a £3bn (US$4bn) offer.

According to a report by Reuters in March, the most enticing asset up for sale is GSK’s 72.5% stake in its Indian subsidiary GlaxoSmithKline Consumer Healthcare. The sources said the stake was worth $3.1 billion at current market prices but GSK wanted a premium in any sale.

Hollandia launches Soya milk in 100ml sachet

Hollandia Soya Milk, a brand from the stable of Chi Limited has unveiled a new 100ml sachet, as part of efforts to reach more consumers by providing more choices.

The product was initially only available in 315 reseal able Tetra Pak.

According to the firm, the move is meant to deliver value by making the product more affordable and accessible while offering the nutritious benefits of soya milk.

“Evident in the 100ml sachet pack design is the brand’s traditional strong blue colour combination along with an assortment of small icons that typify various sporting activities – an effort by the brand to resonate with health-conscious consumers keen on a daily nutritional soya milk drink for an active lifestyle and healthy heart devoid of a cholesterol build-up,” said the company

Nestle Nigeria lists initiatives taken to reduce plastic waste as it marks World Environment Day

Nestle said it has set a bold global ambition of making 100% of its packaging either recyclable or re-usable by 2025, as part of its pledge to play an active role in combating plastic pollution.

The company said it aims to help consumers dispose of used materials in the right way, while promoting a market for recycled plastics by continuing to increase the proportion of recycled plastics in its packaging.

FrieslandCampina WAMCO celebrates World Environment Day, marks 2000 days LTA free

FrieslandCampina WAMCO Nigeria PLC, makers of Peak and Three Crowns milk has announced its safety feat of achieving 2000 days of Lost Time Accident (LTA) free operations.

Announcing this in Lagos, the Managing Director, Mr. Ben Langat, emphasized that the company attained five years plus 175 LTA-free days on World Environment Day, June 5, 2018.

Arla Dano sets new Guinness World record on World Milk Day

Dano Milk on Friday in Lagos entered into the Guinness book of World Records after successfully organising the longest drinks-pouring relay.

The News Agency of Nigeria (NAN) reports that the event which involved 700 Nigerian youths pouring milk drink was organised to celebrate the 2018 World Milk Day in Nigeria.

Their successful effort broke the existing record for a similar feat carried out by 550 participants on Nov. 9, 2013 in Caracas, Venezuela, organised by the Coca-Cola Group.

FrieslandCampina WAMCO, Health Specialists Raise a Glass to Goodness of Milk on World Milk Day

In celebration of the World Milk Day, Nigeria’s leading dairy nutrition company, FrieslandCampina WAMCO, makers of Peak milk and Three Crowns milk hosted top government functionaries, health and nutrition specialists to an event themed ‘Raise a Glass’ advocating the goodness of milk, June 1 in Lagos.

Peak Milk marks World Milk Day with Unveiling of Nigeria’s Largest Chocolate Cup

FrieslandCampina WAMCO Nigeria Plc, makers of Peak Chocolate Full Cream Milk Powder and Peak 456 Growing Up Milk unveiled a 10-foot high chocolate cup, Nigeria’s largest, in celebration of Children’s Day and ahead of the World Milk Day on June 1.

The unveiling which took place at JJT Park in Lagos in partnership with the Nutrition Society of Nigeria was attended by more than 2,000 children, parents and guardians.

Employers Union decries high cost of doing business

Food, Beverage and Tobacco Employers (AFBTE) Union have lamented the rising cost of doing business in Nigeria.

The group said that the last one year had been toxic, pointing out that although Nigeria has emerged from a 15-month recession, the economy was still fragile.