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 »

Nestle opens new N4.1bn Milo RTD factory in Ogun

Nestle Nigeria Plc on Thursday opened its new Milo Ready-to-drink (RTD) factory in Agbara Industrial Area, Ogun State.

The new factory is said to have cost N4.1bn.

The Vice President of Nigeria, Yemi Osinbajo commissioned the new plant which is part of the company’s existing factory at Agbara for the past 37 years.

Guinness Nigeria appoints Stanley Wanyaoike Njoroge as new Finance Director

Guinness Nigeria Plc, announced on Friday the appointment of Mr. Stanley Wanyaoike Njoroge as its new Finance and Strategy Director as well as a member of its Executive Board with effect from 1st March 2018. He takes the place of Mr. Ronald Plumridge who resigned as Finance Director and a member of the Executive Board on 31st October 2017.

According to a profile statement released by the company, Mr. Njoroge is a Certified Public Accountant and a member of the Institute of Certified Accountant of Kenya (ICPAK). He is an alumnus of both the University of Nairobi and Strathmore University in Nairobi, Kenya.

Heineken drives brand equity in Nigeria, other African markets

Heineken says it has gained more brand equity in Nigeria and is looking to achieve same in 15 other African markets through investments in the brand.

The company said it had also increased its share of the beer market following the launch of a new commercial- Villager.

The 58 seconds commercial featured Jidenna Mobisson, the Nigerian born international act. The commercial is the brand’s first glocalized commercial and first Nigerian campaign.

The company said in a statement that it is in the process of rolling out the same commercial in 15 other African markets where it has presence.

FG mulls tariff increase on alcohol, cigarettes

The Minister of Finance, Mrs. Kemi Adeosun has recommended increasing tariff rates on alcohol and tobacco products with implications on their health effects as well as a means of raising revenue.

Adeosun added that her recommendation is in line with the implementation of the ECOWAS common External Tariff (CET), one of the instruments of harmonizing member states to strengthen its Common Market agreed upon on 25th October 2014.

Promasidor Nigeria joins the evaporated milk segment, launches Cowbell Evap Milk

Promasidor Nigeria Limited, the maker of Cowbell Milk, Onga seasoning and other products has unveiled a new addition to the Cowbell family, Cowbell Evaporated Milk.

The company said it is part of its quest for the wellbeing of Nigerians and to reinforce its flagship proposition as well as drive awareness initiatives for complete healthy breakfast.

Unveiled via its social media twitter handle to newsmen in Lagos, the company said that its customers deserve the best.

Nigeria’s Bobsled Team to the Winter Olympics gets a major sponsor from Star Lager

Star Lager, a beer brand of Nigerian Breweries Plc, has signed-on to be a major sponsor for Nigeria’s history making women’s Bobsled and skeleton teams who qualified for the first time for the Winter Olympics which is scheduled to take place this month from 9th February to 25th February in Pyeongchang, South Korea.

In the nearly 100-year history of the winter games, Nigeria has never been represented in any sport.

CHI Limited clinches MAN Award for Best kept Industrial Premises

Chi Limited, a leading juice, dairy and snacks maker in Nigeria has won the first place for adopting best workplace production practices and processes among other competing multinational companies in the country.

The award was handed out to the company at the 50th Annual General Meeting of the Manufacturers Association of Nigeria (MAN) in Lagos, recently.

African Health groups join protest against Global Fund, Heineken alliance

More fallout has emerged from the recently announced alliance between Global Fund and Heineken. Health advocacy groups in Africa have joined to condemn the partnership between Global Fund, a government, civil society and private sector group that fights the spread of HIV, tuberculosis and Malaria in Africa with the Heineken Group, an alcohol firm.

International Health campaigners condemn Global Fund alliance with Heineken

Global Health NGOs and alcohol concern groups have criticized the recent alliance between Global Fund, a government, civil society and private sector group that fights the spread of HIV, tuberculosis and malaria in Africa with Heineken Group, an alcohol firm.

In a letter sent to Global Fund, an alliance of over 2,000 health organisations decried the move and said the partnership with Heineken would only help the beer firm expand its marketing reach.

Nigerian Breweries, NFF to sign Super Eagles sponsorship deal

Nigerian Breweries Plc has said it will support the Nigerian Football Federation (NFF) as part of its contribution to ensure the Super Eagles of Nigeria are successful in Russia at the 2018 FIFA World Cup.

The brewing giant in a statement said it will sign a sponsorship and brand deal with the NFF by next Friday to show its commitment to the country’s national team as it prepares for the June World Cup tournament.

Managing Director/Chief Executive Officer, Nigerian Breweries Plc, Mr. Jordi Borrut Bel, noted that the company will be signing the deal with two out of its premium brands – Star Lager and Amstel Malta.