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

Nestlé Nigeria unveils GOLDEN MORN® Puffs breakfast cereal

Nestlé Nigeria Plc, announced on Wednesday it had introduced a new breakfast cereal, GOLDEN MORN® Puffs. Made from grains and cereals, the company explained that it provides families with even more choices of tastier, healthier food. It noted that GOLDEN MORN® Puffs is proudly produced in Nigeria for Nigerians. It is fortified with vitamins and iron to contribute to the efforts to address micronutrient deficiency in the country.

Cadbury launches new lifestyle programme for families

Cadbury Nigeria Plc on Thursday announced the launch of a healthy lifestyle programme aimed at bringing nutrition education, active play and fresh foods to at-risk children and their families in Nigeria.

The firm said it was joining nine other countries in the Mondelez International family in this initiative, which would involve $50m a-year commitment to promote healthy lifestyles and address obesity.

UK launches sugar tax on sweetened beverages

The United Kingdom on Friday became the latest country to join a growing list of countries that have enacted ‘sugar tax’ laws on sweetened beverages as a way to fight obesity among children which is the leading cause of cardiovascular diseases later in life such as hypertension, high cholesterol, diabetes among others.

The UK is said to have the highest level of obesity in Western Europe.

South Africa sugar tax comes into force

South Africa’s proposal to tax sugar sweetened beverages which was first announced in 2016 finally came into effect on Sunday 1st April 2018.

The new sugar tax called the ‘Sugary Beverages Levy” and a part of the “Health Promotion Levy” is set at 2.1 cents per gram of sugar content that exceeds 4g per 100ml. According to the new law, the first 4g per 100ml are levy free.

“Sugar” refers to intrinsic and added sugar and other sweetening matter. However, fruit juice is exempt.

FrieslandCampina WAMCO appoints Chris Wulff-Caesar new Marketing Director

FrieslandCampina WAMCO Nigeria Plc, has announced the appointment of  Chris Wulff-Caesar as its new Marketing Director with effect from 1 April 2018. He will report directly to the Managing Director, Ben Langat and will be located in Lagos.

According to the company, Chris will lead the marketing team behind Nigeria’s iconic milk brand – Peak, to drive strong consumer experience and innovation. Managing Director, Ben Langat, said: “We’re making massive strides towards increasing the dairy portfolio for consumer preference and living our mission of providing quality and affordable nutrition for Nigerians; together with Chris, we will continue to put consumer first in realizing our business ambitions.”

FOBTOB hails court judgement against Union busting firms

The National President, Food, Beverage and Tobacco Senior Staff Association (FOBTOB), Comrade Quadri Olaleye, has applauded the judgement of the National Industrial Court (NIC), ordering two Jos-based firms to recall 28 workers who were sacked three years ago for engaging in union activities.

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.

Sweet Nutrition introduces ‘Choco Love’ into the Chocolate drinks market

Sweet Nutrition Limited, a consumer goods company based in Ogun State and formerly known as Bayswater Industries Limited, has relaunched its chocolate malt drink, “Choco Love” into the market.

This unveil was marked with three landmark launch events in three different states around the country starting from Abuja to Port Harcourt, and finally Lagos. These events were masterfully organized to communicate the new brand’s presence to all stakeholders involved, as well as brand aspirations and a promise of quality.

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.

Cadbury Nigeria returns to profit in full year 2017

Cadbury Nigeria Plc, reported its full year 2017 results on Monday, with the Bournvita maker posting a net profit of ₦300m ($826,000). In the same period in 2016, the company recorded a net loss of ₦296m.

The positive performance was driven by a 10% growth in sales to ₦33bn ($90 million) from ₦29.9bn. The firm also benefited from cost savings initiatives which saw selling & distribution costs as well as administrative costs decline by 7% and 23% respectively.