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

CWAY branches out into alcoholic beverage line with Cheers Cocktail

CWAY Foods and Beverages Nigeria Limited, a company best known for its wide array of fruit-flavoured milk drinks such as Nutri-Milk and the more recent Nutri-Yo, a drinking yoghurt, as well as drinking water and dispensers has recently branched out into the alcoholic Ready-to-drink (RTDs) or mixed spirit drinks segment with the launch of “Cheers Cocktail.”

The company said their target markets are adults as they wind down after work or on a night out with friends in party and events.

Valio Lactose-Free Milk Powder launched in Nigeria

Valio milk powder was launched in Nigeria recently .

The lactose-free product which is a product of Finland was introduced into the country by Thompson & Grace Pharmaceuticals Limited (T & G Pharma), a leading pharmaceutical company in Lagos.

At the unveiling of the four variants of the milk product at separate events in Abuja and Lagos respectively recently, Managing Director/Chief Executive Officer of T & G Pharma, Dr. Isaac Amos declared that Valio milk produced in Finland by Valio Limited, and other dairy products from the company are easy to digest and they contain low carbohydrates and high protein content.

Cost saving initiatives lifts PZ Cussons Nigeria half-year profit

PZ Cussons Nigeria Plc, the maker of a wide range of consumer goods, said that half-year profit for period ending 30th November 2018 grew by 107% to N1.22bn from N589.5m, helped by cost management initiatives and improvement in net finance costs.

The company saw a 48% drop in administrative expense to N1.98bn from N3.8bn in the previous year. Net finance cost declined by 119% to N95m from N501m in the previous year, boosted by improvement in foreign exchange loss by 80%.

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.

Cadbury Nigeria celebrates 30 employees with long service

Cadbury Nigeria Plc has celebrated some of its employees that have been with the company for a long time during its annual Long Service Awards.

The Director, Corporate and Government Affairs, West Africa, Bala Yesufu, said in a statement that Cadbury rewarded 30 employees for their length of service to the organization.

Giving a breakdown of the awardees, Yesufu said that 18 of the employees had spent more than 10 years with the company; nine employees were in the 20 years category; while three awardees had at least 30 years length of service with the firm. He added that 11 out of the 18 awardees in the 10 years category were from the company’s Ondo plant.

Nestle Nigeria reaffirms commitment to responsible sourcing

Nestle Nigeria Plc has reaffirmed it is committed to responsible sourcing at its last Supplier’s Day event held in Lagos.

The event brought together major players who supply raw materials, packaging materials, services and indirect materials to Nestle. It was an opportunity to consolidate existing relationships as well as ensure best practices in sourcing.

FrieslandCampina WAMCO trains farmers on Safety awareness

Expert Dutch farmers from the Netherlands have just completed comprehensive two-week training for Nigerian dairy farmers under the Farmer2Farmer programme organised by FrieslandCampina WAMCO, makers of Peak and Three Crowns milk.

PZ Cussons issues low profit warning ahead of release of first-half results

PZ Cussons Plc, the British maker of a wide range of consumer goods and parent company of PZ Cussons Nigeria Plc, issued a profit warning on Thursday ahead of the release of its half-year results in January for period ending 30th November, 2018.

Promasidor Nigeria introduces SunVita RTD Cereal to the market

Promasidor Nigeria Limited, makers of a wide range of dairy products and other consumer goods, such as Cowbell Milk, Loya Milk, Miksi Milk and other quality brands has launched its latest addition into the market called Sun Vita Cereal, a zip-lock packaged ready-to-go cereal.

FIIRO develops technology to commercially extract Thaumatin, a natural sweetener

The Federal Institute of Industrial Research (FIIRO), Oshodi, Lagos, said it has developed a technology that can aid in the commercial extraction and optimization of high-grade Thaumatin, a low-calorie sweetener and flavor modifier.

The Director-General of FIIRO, Gloria Elemo, made this known at the International Conference on Alternative Sweeteners which held in Lagos recently,themed: “Harnessing of the Economic Potential of Thaumatin (Thaumatococcus danielli) in Africa”.