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

Trade Union Congress blames employers in food & beverage sector for strike as it enters day 2

Trade Union Congress of Nigeria (TUC) yesterday blamed the ongoing strike in the food and beverage sector on the employers under the aegis of Association of Food, Beverage and Tobacco Employers (AFBTE).

The strike which is in its second day has grounded activities in the food and beverage sector.

Arla Dano adds excitement to milk segment with introduction of chocolate and strawberry flavours

TG Arla Nigeria, makers of Dano Milk has upped the stakes with the introduction of chocolate and strawberry flavoured milk powder variants into the Nigerian market.

According to the company, the newly introduced strawberry and chocolate milk powder were launched following intense consumer research that informed increasing desire for a convenient and exciting Milk product among families especially kids.

Minister lauds WAMCO on first Dairy Farmers’ Day

The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, has applauded the efforts of FrieslandCampina WAMCO, makers of Peak and Three Crowns milk, in creating and successfully hosting Nigeria’s first Dairy Farmers’ Day programme, Thursday in Iseyin, Oyo State.

Food, Beverage and Tobacco workers to embark on Strike

Workers in the food, beverage and tobacco sector are set to begin a nationwide strike at the stroke of midnight Monday over what the workers say is a “failure by employer’s body to review salary.”

According to the President of the Food, Beverage and Tobacco Senior Staff Association (FOBTOB), which is the umbrella organization for the workers, Mr. Quadri Olaleye and its General Secretary, Solomon Iji, said on Monday that they had signed a letter urging members in the multinational companies to embark on a nationwide strike to press home their demands.

FrieslandCampina WAMCO brings Dutch farmers for dairy knowledge transfer

Leading dairy firm FrieslandCampina WAMCO, makers of Peak milk and Three Crowns Milk is set to revolutionise the dairy industry in Nigeria. The company which is the leading firm in Dairy Development Programme in the country said, for the first time, it will bring the Farmer2Farmer programme to Nigeria. The Farmer2Farmer programme is a unique programme where certified dairy farmers from the Netherlands train and advice Nigerian farmers on best dairy farming practices, under the milk giant’s Dairy Development Programme (DDP).

Nestle to close DRC factory

Swiss food giant Nestle SA announced on Sunday that it would close its factory in Kinshasa, the Democratic Republic of Congo (DRC), a potential market of 80 million but one plagued by poverty and political instability.

“We will close our factory and offices by the end of January and continue developing our economic distribution model through third parties,” a company spokeswoman said.

Kebbi State seeks partnership with FrieslandCampina WAMCO on dairy development

As part of efforts to boost internally generated funds and improve the lives of its farmers, the Kebbi State Government has sought the assistance of dairy giant FrieslandCampina WAMCO, makers of Peak and Three Crowns milk, to explore the potential for livestock breeding, local sourcing and development in the state.

The Governor of Kebbi State, His Excellency Senator Abubakar Atiku Bagudu paid a courtesy visit to the dairy maker on Thursday, 9th November 2017.

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.

Cadbury Nigeria’s losses narrow as company struggles to return to profitability

Cadbury Nigeria Plc on Thursday reported a net loss of ₦64 million for the nine months to the end of September. The loss was an improvement from 2016 when the company posted a net loss of ₦842 million. The firm said that its fortune improved in the third quarter as it posted a net profit of ₦702 million, helping narrow the cumulative loss.

The Bournvita maker said that it saw a 14% increase in sales in the nine months to the end of September. Sales climbed to ₦24.3 billion (USD$66.9m) from ₦21.3 billion (USD$58.7m) in the previous year.

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.