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 »

Police raid illegal brewery in Lagos

The Lagos State Police Command on Wednesday raided an illegal brewery in the Egbe-Afa, Igbobo area of Ikorodu, where counterfeit malt drinks and stout are produced.

A team of investigators from the Lagos State Police Command led by the Commissioner of Police, Imohimi Edgal arrested five suspects.

International Breweries sees higher revenue and earnings growth at year end

International Breweries Plc (IBPlc) reported a 12% growth in revenue for the nine months to the end of December 2017. Sales grew to ₦36.5bn from ₦32.7bn in the previous year.

Cost of sales rose 30% in the period to ₦22.86bn from ₦17.5bn, impacted by a 33% increase in net finance cost to ₦6.9bn. Administrative costs also weighed on the firm’s earnings, rising 117% to ₦4.5bn from ₦2bn in the preceding year.

Campari Nigeria holds Annual Trade Partners Award 2018

Campari Nigeria held its Annual distributors Award for the 2017 financial year on Saturday 24th March 2018 at the Radisson Blu Hotel, Ikeja, Lagos.

The glamorous event which was hosted by Brian Munro Limited, the sole distributor of Campari in Nigeria lived up to its billing as everyone in attendance was giving a first class treat.

Cadbury launches new lifestyle programme for families

Cadbury Nigeria Plc on Thursday announced the launch of a healthy lifestyle programme aimed at bringing nutrition education, active play and fresh foods to at-risk children and their families in Nigeria.

The firm said it was joining nine other countries in the Mondelez International family in this initiative, which would involve $50m a-year commitment to promote healthy lifestyles and address obesity.

UK launches sugar tax on sweetened beverages

The United Kingdom on Friday became the latest country to join a growing list of countries that have enacted ‘sugar tax’ laws on sweetened beverages as a way to fight obesity among children which is the leading cause of cardiovascular diseases later in life such as hypertension, high cholesterol, diabetes among others.

The UK is said to have the highest level of obesity in Western Europe.

South Africa sugar tax comes into force

South Africa’s proposal to tax sugar sweetened beverages which was first announced in 2016 finally came into effect on Sunday 1st April 2018.

The new sugar tax called the ‘Sugary Beverages Levy” and a part of the “Health Promotion Levy” is set at 2.1 cents per gram of sugar content that exceeds 4g per 100ml. According to the new law, the first 4g per 100ml are levy free.

“Sugar” refers to intrinsic and added sugar and other sweetening matter. However, fruit juice is exempt.

Police nab producer of adulterated wines and spirits in Lagos; shuts factory

The Lagos State Police Command have arrested the producer of adulterated spirits and wines of various brands at Ajuwon Market, Mushin, Lagos.

A 55-year old man, Benjamin Ojukwu confessed to being the owner of the factory where the adulterated alcoholic drinks are packaged and sold to the public at market price since 2005.

FrieslandCampina WAMCO appoints Chris Wulff-Caesar new Marketing Director

FrieslandCampina WAMCO Nigeria Plc, has announced the appointment of  Chris Wulff-Caesar as its new Marketing Director with effect from 1 April 2018. He will report directly to the Managing Director, Ben Langat and will be located in Lagos.

According to the company, Chris will lead the marketing team behind Nigeria’s iconic milk brand – Peak, to drive strong consumer experience and innovation. Managing Director, Ben Langat, said: “We’re making massive strides towards increasing the dairy portfolio for consumer preference and living our mission of providing quality and affordable nutrition for Nigerians; together with Chris, we will continue to put consumer first in realizing our business ambitions.”

FOBTOB hails court judgement against Union busting firms

The National President, Food, Beverage and Tobacco Senior Staff Association (FOBTOB), Comrade Quadri Olaleye, has applauded the judgement of the National Industrial Court (NIC), ordering two Jos-based firms to recall 28 workers who were sacked three years ago for engaging in union activities.

Life Continental Lager sponsors ‘Hi-Life Fest’ in the South East

Life Continental Lager Beer, a brand from the stables of Nigerian Breweries Plc, has introduced “Hi-Life Music Fest”, a musical competition aimed at celebrating and promoting highlife music in South East, Nigeria.

The music competition which kicked-off with the first set of auditions in Owerri this month, held its first regional finals at Cubana Lounge. Auditions and regional finals will later hold in Port Harcourt, Enugu and Aba with the grand finale set to hold in Onitsha.

Speaking at the media launch, Mr. Emmanuel Agu, Portfolio Manager, Mainstream and Stout, Nigerian Breweries Plc., described the initiative as one of the various ways the brand seeks to ensure that its consumers live a progressive life filled with opportunities, and are conversant with the iconic sound of their environment.