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: Soft drinks

NBC marks World Environment Day, reaffirms pledge to environmental sustainability

Nigerian Bottling Company Limited (NBC), the bottler of Coca-Cola products in Nigeria has reiterated its resolve to environmental sustainability as it celebrated this year’s World Environment Day.

While observing the global day for environment in Nigeria on the 5th of June 2017, the company participated in tree planting exercises, sensitization walks and other programmes in recognition of the environment and in line with the global theme for 2017 World Environment Day – Connect with Nature.

Excitement among secondary school teachers reaches fever pitch as MTOY 2017 deadline looms

The search for 2017 Maltina Teacher of the Year (MTOY) has gathered increased momentum as more teachers across the country have been taking advantage of the opportunity by visiting the MTOY website to submit their entries.

Organisers of the MTOY and various stakeholders in the nation’s education sector had, at the flag-off of the event last month, encouraged teachers in both public and private secondary schools to participate in the innovative award aimed at rewarding teachers and the teaching profession in the country.

Lagos High Court to rule on N96.8m award granted Obanikoro against NBC

An Ikeja, Lagos High Court has set 11th July, 2017 to rule on a motion brought before it by the Nigerian Bottling Company Limited (NBC), bottlers of the famed Coca-Cola soft drinks. The company is seeking to set aside an order of garnishment placed on its accounts at five banks in respect to a N96.8m judgment awarded in favour of former Senator and Minister of State for Defence, Musiliu Obanikoro.

Coca-Cola ‘No Sugar’ set to make its debut

The Coca-Cola Company (TCCC) is set to unveil “Coca-Cola No Sugar”, its newest creation this week in Australia. The beverage giant chose Australia because its local franchise, Coca-Cola Amatil has been experiencing declining sales as more Australians opt for less sugar in their drinks due to health concerns.

The soft drinks giant said that “No Sugar” or “Zero Sugar” as it is called in some markets due to local labeling requirements, was the result of five years of development and 15 consumer trials to get the taste of a non-sugar drink as close as possible to the original coke.

Cost savings and product quality initiatives help lift Suntory Beverage & Food first Quarter profit

Japanese Beverage and Food Company Suntory Beverages & Food Limited reported flat sales of -0.1% in its first quarter 2017. Total revenue for the three months ending in March fell to ¥308.9bn ($2.7bn).

However, the company said that it was able to boost profit by focusing on strengthening its brands, creating new demand, reforming its cost structure and improving product quality.

Coca-Cola HBC hails 4.5% revenue growth in first quarter

Coca-Cola HBC AG, the bottler of Coca-Cola products in Nigeria and 27 other European countries said on Thursday that revenue for the first quarter of 2017 (Jan – Mar) rose 4.5% to €1.38bn ($1.49bn), up from €1.3bn in 2016. Total volumes rose 0.7% in the period.

The group attributes its good performance to strong growth in emerging markets, where sales rose 12.6% to €628.9m on a 4% volume lift. According to the company, volumes in Russia showed the first signs of recovery, recording very low single-digit volume growth for the first time in eight quarters, driven by mid-single digit increase in sparkling.

Nigerian Breweries kicks-off 2017 Edition of ‘Maltina Teacher of the Year’ Awards

In its quest to reward teachers for their priceless effort in nation building, leading brewery company, Nigerian Breweries Plc, has flagged-off the 2017 Maltina Teacher of the Year competition.

At the event, attended by key education stakeholders across the country, the Managing Director of the company, Mr. Nicolaas Vervelde, represented by the Corporate Affairs Adviser, Mr Kufre Ekanem, said that applications for the 2017 Maltina Teacher of the Year opened on Tuesday May 9, 2017.

Coca-Cola Beverages South Africa sells stake in Appletiser to black empowerment firms

Coca-Cola Beverages South Africa (CCBSA), the South African unit of the newly formed Coca-Cola Beverages Africa (CCBA) said on Monday it has sold 21.5% of its shareholdings in Appletiser brand to group of investors and employees.

La Casera relaunches its famous Apple drink

The La Casera Company, a leading soft drinks firm in the country has relaunched its eponymous Apple drink – La Casera Apple drink, a favourite among the youths.

The reintroduction of the brand received endorsements from the regulatory agencies including the National Agency for Food, Drug Administration and Control (NAFDAC), Standards Organisation of Nigeria (SON), as well as from the Manufacturers Association of Nigeria (MAN), distributors and consumers at the event which held at the Oriental Hotel, Victoria Island, Lagos on Friday.

Coca-Cola Nigeria wins most Innovative Multinational Company Award

Coca-Cola Nigeria Limited has emerged as Nigeria’s most innovative multinational company at the recently concluded BussinessDay Top 25 Most Innovative Companies & Institutions Awards 2017.

The award which was organized by BusinessDay Media, a leading business publication in the country was held at Eko Hotels & Suites, Victoria Island Lagos on Friday 28 April 2017.