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: Wines & Spirits

McDowell’s No. 1 Whisky transitions to new name, Mr. Dowell’s

McDowell’s No. 1, the largest selling whisky in Nigeria and a brand produced and marketed by Guinness Nigeria Plc under licensing agreement from Diageo Plc, its parent company, has announced a name change to ‘Mr. Dowell’s No.1’.

Speaking on the name change, Temitope Adenle, Brand Manager, Mr. Dowell’s No.1, said, the new name was the overwhelming favourite of Nigerians who joined in a unique social media campaign for a name change which lasted for two weeks.

Kelvin Oduntan shakes up Nigerian Special at World Class Global Competition in Berlin

Kelvin Oduntan, World Class Nigeria Winner represented Nigeria at the just concluded World Class Global Competition in Berlin, Germany. The contest attracted 56 of the finest bartenders from across the world vying for the title of Bartender of the Year.

Known for his traditional style which he expresses through his fashion and mixology, Kelvin stayed true to his roots by delivering a truly Nigerian spin to the classic cocktail, Dutch Mule. Instead of the usual ginger beer, his recipe combined ginger-infused palm wine and lime juice with the meticulous sophistication of Ketel One Vodka. His serve was very well received by the audience in Berlin who kept coming back to experience the original Nigerian Mule.

Euro Global Foods rewards distributors, marketers at Champions Awards

Euro Global Foods and Distilleries, a subsidiary of Sona Group Nigeria Limited, recently celebrated its distributors and marketers who excelled in the course of their business partnerships with the company through the year.

Mr. Arjan Mirchandani, Chairman of Sona Group of Industries, while delivering his goodwill message noted that the award is a reward for hard work, passion and dedication.

Trader arrested for producing adulterated alcohol brands

The Lagos State Police Command announced the arrest of a trader, Emmanuel Nwodo, for allegedly distributing adulterated alcoholic beverages in the Iju area of the state.

Nwodo, who is 38, was reportedly apprehended with chemicals suspected to be ethanol and other materials used in the production of fake drinks.

Distell records full year revenue and profit rise despite challenging market conditions

Distell Group, South Africa’s leading cider, spirits and wine producer reported revenue growth of 10.4% for the full-year ending in June 2018. Revenue grew to R24.2bn rand ($1.9bn) on a 4.6% volume lift.

The company reported a strong growth of 10.1% in South Africa, its home market on 4.4% higher volumes amid low GDP growth and higher cost of living putting increased pressure on consumer disposable income.

Distell derives 74% of its revenue in South Africa.

Grand Oak CEO, Odesile, to step down

Aare Fatai Odesile, the CEO of Grand Oak Limited is to step down from his post effective end of September.

His resignation comes after 27 years of meritorious service at the Nigerian Distilleries Limited (NDL) and Grand Oak Limited (GOL), two indigenous spirits firms owned by the Lexcel Group of Companies.

Odesile started his career with the Lexcel Group as a Quality Control/Production Officer with NDL in 1992 and rose through the ranks to the position of Managing Director/CEO of Grand Oak Limited, the marketing arm of Nigerian Distilleries Limited in 2016.

Wild Africa Cream Liqueur unveiled in Nigeria

South African wines, spirits and liqueur producer, KWV has announced the launch of Wild Africa Cream Liqueur into the Nigerian wine market. The introduction took place at an event held at the Radisson Blu Hotel, Ikeja, Lagos on Friday, 7th September 2018.

Speaking at the event, the Brand Manager RTDs Liqueurs, KWV SA, Barry Badenhorst, said the entrance of Wild Africa is to celebrate Nigeria and to satisfy the yearnings of the consumers who want the products.

Beta Glass names Ayobami Adebisi as new Company Secretary

Beta Glass Plc announced on Thursday the appointment of Ms. Adebola Ayobami Adebisi as its new Company Secretary effective 5 July 2018.

According to the company, Ms. Adebisi will replace Ms. Y. Titi Talabi.

Beta Glass sees growth acceleration continue in the second quarter

Beta Glass Plc reported a strong first half in 2018, a continuation of the growth acceleration begun in the first quarter. The company saw revenue growth of 49% to ₦13.1bn, driven by a 54% sales surge in the second quarter to ₦6.7bn.

Diageo posts marginal revenue growth in full year as adverse foreign exchange hits sales

British drinks maker Diageo Plc reported its full year 2018 results on Thursday, with marginal revenue growth of 0.9% for the period ending 29 June 2018.

The company behind such brands as Johnny Walker Scotch whisky and Guinness Stout recorded £12.2bn in net sales for the year as against £12bn from the previous year. The firm noted that adverse foreign exchange headwinds impacted net sales. Total volumes declined 1%.