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

Suntory Nigeria seeks to boost sales with new product launches, expanding distribution

Suntory Beverage & Food Nigeria Limited, said it is seeking to double its revenue over the next five years by introducing new products and expanding its distribution network.

The Nigerian unit of Japanese food and beverage company, Suntory Beverage & Food Ltd, said it planned to increase sales to ₦40bn ($111 million) from about ₦20bn, the company’s Managing Director, Chinedum Okereke said on a Monday interview with Bloomberg in Lagos. The boost in sales will increase the local unit’s contribution to its parent company’s sales in Africa, Middle East and the Caribbean by as much as 65%, he said.

Coca-Cola sweetened with 100% Stevia launches in New Zealand

Coca-Cola has announced the unveiling of its flagship Coke sweetened with 100% Stevia sweetener in place of sugar in New Zealand, its chosen pilot market on 7 May 2018.

The company said the launch is evidence of its continued efforts to encourage people to consume less sugar.

Coca-Cola has been using Stevia, a plant-based sweetener that has zero calories with cane sugar in Coca-Cola Life which has 35% less calories than Classic Coke since 2013. It is now being marketed in 30 countries around the world. However, the challenge with Stevia has always been how to eliminate a bitter aftertaste which is why Coca-Cola Life is blended with sugar.

Coca-Cola Nigeria unveils ‘Share-a-Coke-with-Super-Eagles’ campaign ahead of World Cup

Coca-Cola Nigeria has launched yet another spectacular campaign to get fans behind the Super Eagles on the road to Russia for the FIFA 2018 World Cup tournament. Coca-Cola which is the Official Soft drinks sponsor of the Super Eagles and which has been rewarding fans in the ongoing “Score-a-Trip-to-Russia” promo for the past six weeks has announced it is giving fans another chance to join in the excitement of the games and show their love for the Russia bound team with the release of a special edition Super Eagles branded Coca-Cola packaging.

Coca-Cola Nigeria to upgrade school facilities in Ogun State

Coca-Cola Nigeria in partnership with the Ogun State Universal Basic Education Board (SUBEB) is set to embark on construction and rehabilitation at the First Baptist Primary School, Ijaye-Oja Ale, Ilogbo, Abeokuta, Ogun State.

The project is part of the Coca-Cola Foundation/UNDP New World Programme in collaboration with Ogun State Government aimed at providing critical infrastructural development in the school, which was established in 1910 as a missionary school adopted by the First Baptist Church before becoming a publicly owned primary school in the 1970s.

NBC kickstarts 2018 Edition of ‘Youth Empowered’ training scheme in Ibadan

In demonstration of its commitment to youth development in Nigeria, Nigerian Bottling Company Limited (NBC) has kicked off the 2018 edition of‘Youth Empowered’, a training workshop designed to equip Nigerian youths with life and Business skills for their personal development and help them transition to meaningful employment.

Kenyan Coke bottler seeks to toss court ruling on nutritional labeling information

Coca-Cola bottler in Kenya is contesting a High Court order to place labels with nutritional information on its soft drinks in glass bottles.

Nairobi Bottlers, Kenya’s largest Coke bottler faulted the ruling of the late Justice Onguto earlier this year, saying he had overstepped his mandate as it was equivalent to legislating on the matter.

Rite Foods holds maiden Beverage Award for Distributors, Trade Partners

Rite Foods Limited, a new player in the Food and Beverage sector with such brands as Bigi Cola, Bigi Orange, Fearless Energy drinks, among others held its very first distributors and trade partners award on 26 April 2018 in Oregun, Ikeja, Lagos.

The forum, themed the 1st National Consumer Forum for Beverage, was a platform for the company to appreciate its loyal customers for their patronage over the last 10 years.

Beta Glass reports strong start to 2018 as revenue, profit surge

Beta Glass Plc, said that first quarter sales grew 45% to ₦6.4bn, from ₦4.4bn in the preceding year.

The company which makes glass bottles and metal crowns for the beverage industry and others said that Operating Profit, which measures a business profitability after subtracting Operating Expenses but before interest and taxes surged 48% to ₦1.36bn from ₦916m, helped by the strong sales growth.

Guinness Nigeria sustains nine months growth as profits surge

Guinness Nigeria Plc, on Friday reported results for the first nine months of its financial year through March 2018, with revenue rising 17.39% to ₦105bn from ₦90bn in the previous year, sustaining a growth momentum begun in June ending 2017, when the firm regained profitability.

Nigeria to adopt African Standards on Sugar, Glucose

Nigeria is set to harmonize its standards with other African countries by adopting the African Standards on sugar and sugar products as well as develop Nigeria Industrial Standards for Glucose and Sucrose.

A technical committee chaired by the Standards Organisation of Nigeria (SON) met recently at its Lagos office to consider adoption of some African Standards under the aegis of African Organisation for Standardization (ARSO) and the development of other Nigeria Industrial Standards.