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 »

Health Ministry reassures Nigerians Coca-Cola products are safe, orders NBC, others to insert advisory warnings on products

The Federal Government has reassured Nigerians that the Coca-Cola products manufactured in Nigeria were safe for consumption. This was as the ministry ordered all bottling companies in the country to insert advisory warnings on all products to safeguard the health of all citizens and consumers.

The explanation followed a stakeholders meeting summoned by the Minister of Health, Prof. Isaac Adewole, to address related issues on the recent court judgment on the case filed by Fijabi Holdings against the Nigeria Bottling Company and NAFDAC.

NAFDAC raids counterfeiter’s lair in Lagos, Abuja; impounds wines and spirits worth millions

The National Agency for Food and Drug Administration and Control (NAFDAC) on Friday raided a shop at the popular Oke-Arin market, Balogun, Lagos State and arrested a trader who allegedly manufactures and bottles counterfeit wines and spirits.

The agency said that they acted on a tip-off about some individuals who deal on counterfeit wines and spirits of popular brands.

The enforcement team of NAFDAC said they discovered labeling materials, corks, funnel, filters and empty bottles of registered liquor brands in a shop on Isa Williams Street, Oke-Arin Market, Balogun.

Health Ministry wades into NBC – Fanta, Sprite controversy; constitutes panel to investigate claims

The Federal Ministry of Health said on Thursday it has set up a panel of experts to investigate the fallout from the recent Lagos High Court ruling concerning the level of benzoic and ascorbic acid in soft drinks produced in the country by the Nigerian Bottling Company (“NBC”).

Guinness Nigeria seeks NSE approval for share sale

Guinness Nigeria Plc, said on Wednesday it had sought approval from the Nigerian Stock Exchange (NSE) for a new share sale which it hopes would raise N39.77bn ($130m).

The company which has posted back-to-back losses in the last three quarters said it would issue the shares to existing shareholders at N58 per share, which represents a 17% discount on Wednesday’s closing of N70 per share. Existing shareholders would be offered five new shares for every 11 held as of Wednesday closing.

CPC opens investigation on NBC – Fanta, Sprite Court ruling

The Consumer Protection Council (“CPC”) on Thursday said it had opened an investigation on the recent court ruling regarding Fanta and Sprite, products of Nigerian Bottling Company (“NBC”).

The Director-General of CPC, Mrs. Dupe Atoki, said it had written a letter to NBC summoning it to provide the agency detailed information about the composition and all laboratory tests of the two products – Fanta and Sprite, covering the last 10 years between 2008 and March 2017.

NBC tries to ease public concern over use of Benzoic and Ascorbic Acid in Soft drinks

Nigerian Bottling Company (“NBC”) released a statement on Thursday to ease public fears over its use of benzoic and ascorbic acids in the production of Fanta and Sprite.

The announcement comes on the heels of a Lagos High Court ruling which ordered the National Agency for Food and drug Administration and Control (NAFDAC) to compel the NBC to include health warning on its drink labels cautioning consumers on the dangers of taking Vitamin C with either Fanta or Sprite as the combination becomes poisonous.

Nigerian Medical Association, Nutritional Experts Weigh in on the NBC, NAFDAC Court Judgement

The Nigerian Medical Association (“NMA”) has urged the National Agency for Food and Drug Administration and Control (“NAFDAC”) and the Federal Ministry of Health to ensure the enforcement of the judgement by a Lagos High Court in Igbosere.

The NMA said that the regulatory agency failed Nigerians by declaring as fit for human consumption, drinks which in the United Kingdom were deemed poisonous when mixed with Vitamin C.

FrieslandCampina WAMCO inspires its female employees, marks International Womens Day

FrieslandCampina WAMCO Nigeria PLC celebrated its female workforce to mark 2017 International Women’s Day.

The forum featured two leading women in Nigerian business who are inspiring young career ladies on their journey of discovering themselves and struggling to strike a work-life balance.

NAFDAC, NBC appeal court ruling on new Fanta-Sprite labeling requirement

The National Agency for Food and Drug Administration and Control (NAFDAC) and the Nigerian Bottling Company (“NBC”) have appealed a Lagos High Court judgement which required that NBC put a health warning label on its Fanta and Sprite brands informing consumers that consuming the products with Vitamin C was poisonous.

The Director-General, NAFDAC, Mrs. Yetunde Oni, said that the agency had filed an appeal against the judgement and a motion to stay its execution.

“NAFDAC is a national regulatory authority and will react both scientifically and legally to the matter. Our lawyer has filed an appeal and a motion to stay execution of action of the judgment,” the DG stated.

Consumer Advocacy Group Mulls Class-Action Lawsuit against NBC following Court ruling

Following a judgement on Monday by a Lagos High Court sitting in Igbosere against the National Agency for Food and Drug Administration and Control (NAFDAC), some consumer advocacy groups in the country are considering bringing a class-action lawsuit against the Nigerian Bottling Company Limited (“NBC”) if it was determined that a violation has been committed against consumers of its beverage products – Fanta and Sprite.