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: Ready-to-drink

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 recently launched 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.

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.

Nigerian Breweries issues formal statement on Amstel Malta court ruling, to appeal

Nigerian Breweries Plc, on Monday issued a formal statement confirming Edo State High court ruling against it in the case of Prof Ernest Izevbigie vs. Nigerian Breweries Plc.

The judgment was for the company to apologise to the plaintiff for what the court described as “a trade trick” for the low sugar inscription on the label of one of the company’s brands, Amstel Malta.

The company stated it intends to appeal against the ruling.

Nigerian Breweries to appeal Court ruling on Amstel Malta wrongful use of “low sugar” claim – Counsel

Nigerian Breweries Plc, has said it will appeal a recent ruling by an Edo High Court in the case of Prof. Ernest Izevbigie vs Nigerian Breweries Plc. The court had ordered Nigerian Breweries to apologise to one of its customers, Mr Izevbigie, who had brought a suit against the company for allegedly wrongfully inscribing “low sugar” on one of its brands, Amstel Malta.

The former Vice Chancellor at the Benson Idahosa University and Professor of Biochemistry had claimed through lab test results that the said malt drink contained far more sugar content than the company was willing to admit and thus was misleading to the public to have the inscription “low sugar”.

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.

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”.

Maltina launches 1,000 smiles campaign

Maltina has launched a 1,000 smiles campaign in partnership with Noble Igwe aimed at capturing a thousand genuine smiles across Nigeria.

A statement from the nation’s family nourishing drink on Wednesday, said the idea was premised on how a smile can change the world.

The initiative tagged “1000 smiles with Noble,” would enable Noble Igwe, a publicist and media practitioner capture smiles of everyday Nigerians in streets across the country.

Chivita Ice Tea rebrands

CHI Ice Tea, one of many brands from the stable of CHI Limited, is now Chivita Ice Tea. As part of the rebranding, seen as a strategic move to integrate with the Masterbrand Chivita, the brand handlers say that Chivita Ice Tea now comes in a new product pack that is more aspirational, modern and trendy, with the promise of the same refreshing goodness.

Food, Beverage & Tobacco Union lament high rate of retrenchment in sector

The Food, Beverage & Tobacco Senior Staff Association (FOBTOB) has expressed sadness over the increased rate of retrenchment of workers by employers in the sector.

The union urged the Federal Government to engage employers in the sector so as to halt the looming crisis the mass lay-offs in the sector may engender in the near future.

Lower finance charge, sales growth lifts Nestle Nigeria’s 9-months profit

Nestle Nigeria Plc reported a net profit growth of 44% in the nine months to the end of September.

The maker of Milo chocolate drink said that profit hit ₦33bn in nine months, with the growth accelerating in the third quarter, helped by an 85% drop in net finance cost to ₦1.27bn from ₦8.6bn.