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

Fan Milk donates goods to Lagos Orphanage

Fan Milk Nigeria Plc, a leading maker of frozen yoghurt and other dairy-based drinks has donated its products, as well as food items, toiletries and branded exercise books to the Modupe Cole Memorial Child Care and Treatment Home School in Lagos as part of its Corporate Social Responsibility and to celebrate this year’s Valentine’s Day.

Firm sues Nestle Nigeria, Access Bank over breach of trade agreement

Nestle Nigeria Plc, has been sued in an Oyo State High Court, sitting in Ibadan by a local firm, First Nigeria Enterprises, owned by Professor Olatoye Ogunbode.

The suit against Nestle alleges that it broke the trade agreement it entered into with First Nigeria Enterprises.

Access Bank was also dragged into the suit because it provided the financing for the distributorship agreement between Nestle Nigeria and First Nigeria Enterprises.

Ben Langat appointed Managing Director FrieslandCampina WAMCO Nigeria PLC

Ben Langat has been appointed Managing Director of FrieslandCampina WAMCO Nigeria PLC with effect from 13 March 2017. He will report to Roel van Neerbos, Chief Operating Officer, Consumer Products Europe, Middle East and Africa, and he will be located in Lagos, Nigeria.

Until June 2016, Langat was the Managing Director of Nigerian Bottling Company Limited, Coca Cola Hellenic Bottling Company where he led major business transformation, route to market plan growing volumes and market share and delivered double digit growth despite economic challenges. He further expanded the business into new categories including the successful launch of Pulpy. He developed a strong talented team for the business over the period.

New survey ranks Peak Milk best in quality rating

A new survey (QUDAL-QUALITY MEDAL SURVEY), conducted in Nigeria by Swiss-based ICERTIAS, a market research company, ranked Peak milk, a premium milk brand from FrieslandCampina WAMCO as the best milk in Nigeria in quality rating.

A statement by the Senior Certification Executive of ICERTIAS, Mihaela Siamar, stated “the first ICERTIAS QUDAL-Quality Medal survey in Nigeria shows that most Nigerian consumers consider Peak as a premium milk brand that offers them the highest level of quality”.

PZ Cussons Nigeria half-year loss narrows amid currency headwinds

PZ Cussons Nigeria Plc, makers of a wide range consumer goods, including Nutritionals such as Nuhu and Olympic milk brands on Thursday reported a net loss of N289m in its half-year results (June – Nov 2016). In the same period a year ago, the company recorded N780m in profit.

The company blamed the loss on unrealized foreign exchange loss of N4.9bn mostly incurred in the first quarter (June – Aug 2016) when the Central Bank of Nigeria allowed the naira to float leading to a significant loss of the currency’s value by as much as 40%.

Cadbury Nigeria appoints new Managing Director

Cadbury Nigeria Plc, announced on Tuesday the appointment of Mr. Muhammad Amir Shamsi as its new Managing Director effective 1 February 2017. Mr. Shamsi takes over from Mr. Roy Naaman who resigned effective 31st January 2017.

Mr. Shamsi joined Mondelez International, the parent company of Cadbury Nigeria Plc, as a Marketing Director of its biscuit business in Pakistan in June 2009. From there, he moved up the ranks to become Head of New Categories, Gum & Candy at Kraft Foods, a Mondelez business in West Africa from 2012 to 2013. He became the Marketing Director of Kraft Foods in West Africa from October 2013 to March 2016. From April 2016 to January 2017, he was in charge of Mondelez Innovation kids Wholesome, Global Biscuits in East Hanover, USA.

Fire guts condensed section of FrieslandCampina WAMCO factory

Fire broke out on Friday at the condensed factory premises of FrieslandCampina WAMCO in Ogba Industrial Estate, Ikeja, Lagos State.

However, the fire was quickly contained by the rapid response of the Lagos State Fire Service with support from FrieslandCampina WAMCO safety team and other nearby corporate entities.

FG cuts import tariffs on 115 items including milk, tea

The Federal Government said on Wednesday it had approved the reduction of import duties on 115 items in various sectors of the economy as part of its effort to promote development in critical sectors of the economy.

The tariff reductions were approved by President Muhammadu Buhari as part of its fiscal policy measures of the Federal Government for the country.

The Minister of Finance, Mrs. Kemi Adeosun communicated the measures through a circular, which she said was in line with the provisions of the Economic Community of West African States Common External Tariff.

Two die as policemen shoot at protesting Chi Limited workers

Two casual workers at Chi Limited, makers of fruit and dairy-based juices and yoghurt died when policemen who were called to the scene of protesting workers at the company’s factory in Ajao Estate, Lagos opened fire on them.

The deceased, a 19-year old Daniel Osikoya, and another worker, whose name is not yet known, died from wounds sustained from being shot in the thigh and leg.

CWAY accused of maintaining unhygienic work environment leading to spread of Hepatitis B

CWAY Group Nigeria Limited, a food and beverage manufacturer of purified water, fruit-based milk drinks, and fruit juices, among others has been accused by its workers of maintaining an unhygienic work environment which has led to the spread of Hepatitis B among some of its workers.