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

FrieslandCampina to Invest 23million Euros in Local Milk Production – CEO

Royal FrieslandCampina has announced its decision to invest 23 million euros in local milk production as part of its Dairy Development Programme (DDP) in Nigeria, according to Hein Schumacher, the company’s Global CEO.

PZ Cussons Nigeria full year profit halved amid weak consumer demand, competition and higher borrowing cost

PZ Cussons Nigeria Plc, the Nigerian unit of British consumer goods maker, PZ Cussons Plc reported its full year 2018 results on Friday, with the firm’s profit declining by 48% to N1.9bn from N3.7bn in the previous year.

Kebbi State urges herdsmen to embrace modern methods of cow milk marketing

The Governor of Kebbi State, Atiku Bagudu has appealed to herdsmen to adapt to modern methods of processing, packaging and marketing cow milk in order to improve cleanliness and profitability.

Bagudu gave the advice on Wednesday while speaking with some herdsmen in Era Fulani village in Argungu Local Government Area of Kebbi State.

Kaduna State, Danish Government mull partnership on dairy development

President Muhammadu Buhari said on Monday that the dairy farming scheme being proposed by the Kingdom of Denmark and the Kaduna State Government would go a long way in reducing clashes between herdsmen and farmers which has left scores of people dead.

Buhari’s statement came while he received the outgoing Ambassador of Denmark, Mr Torben Gettermann at the Presidential Villa in Abuja.

Krispy Kreme store in Lagos re-opens

The Consumer Protection council (“CPC”) has announced the re-opening of the Krispy Kreme store in Victoria Island, Lagos.

In a statement released by the consumer protection watchdog, it said that the National Agency for Food and Drug Administration and Control (NAFDAC), as the primary and key food safety standards regulator “is satisfied that the vital question of safe operations have been resolved sufficiently to allow operations accordingly.”

Omoni Oboli re-signs contract for a third year with Nunu milk brand

Nollywood actress, producer and director Omoni Oboli has renewed her endorsement contract with Nunu milk from PZ Cussons Nigeria Plc, marking the third year as a brand ambassador for the well-established nutritional milk brand targeting moms and children.

The signing ceremony took place at the PZ Cussons Nigeria Plc headquarters in Ilupeju, Lagos.

Krispy Kreme cooperating with regulators over store closure

Krispy Kreme has said it is cooperating with Nigerian food regulator and consumer protection agency to resolve issues that led to the shutdown of its store in Victoria Island, Lagos.

In a statement released by the company through its franchise operator, QFA Nigeria Limited, the company said it is fully cooperating with authorities in addressing concerns of product expiry date tampering without regulatory approval in its Victoria Island, Lagos store.

Cadbury Nigeria falls back into loss amid rising cost

Cadbury Nigeria Plc, reported a net loss of N424m for the first six months of 2018, hurt by rising cost.

The Bournvita maker which emerged from a loss position at the end of 2017 said that a high selling and distribution expense and high net finance cost (Bank interest charges) erased all gains made in the period under review.

UAC Foods appoints Oladele Ajayi as new Managing Director

The Board of UAC Foods Limited has appointed Dr Oladele Ajayi as its new Managing Director.

Dr Ajayi holds a PHD in Mechanical & Process Engineering from the University of Strathclyde, United Kingdom and an alumnus of the Advance Management Program of Harvard Business School.

Olympic milk renews music crooner Peter Okoye’s Ambassadorial Contract

Olympic milk brand has announced the extension of music crooner Peter Okoye’s Ambassadorial contract for the fourth year.

This was disclosed recently at the official signing ceremony at PZ Cussons head office in Ilupeju, Lagos

Speaking on the contract renewal, PZ Cussons Managing Director, Commercial, Mr Alex Goma, stated that the contract signing “signifies the continuation of Peter’s activities as Olympic brand ambassador, a position which will among other things see him champion the cause for a healthy and active lifestyle and also represent the brand at different levels.”