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 »

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.

Mounting losses at Seven-Up lead to ₦10.3bn loss in nine months

Seven-Up Bottling Company Plc (“SBC”) reported its nine months results on Tuesday, with the ailing company posting a net loss of ₦10.3bn, a 113% increase from the ₦4.8bn loss it recorded in the previous year.

The company, which recently exited the Nigerian Stock Exchange over its continued dismal performance in recent years, said that revenue grew 9.75% to ₦83.2bn in the nine months to the end of December. In the same period in 2017, the company recorded ₦76bn in sales.

Guinness Nigeria posts 19% rise in half-year sales

Guinness Nigeria Plc said on Tuesday that half-year sales for the 2017/18 financial year through 31 December 2017 grew 18.6% to ₦70.6bn from ₦60bn in the same period in 2016.

The company behind iconic brands Guinness Foreign Extra Stout and Harp Lager among others said that it recorded ₦2.1bn in profit for the period, from a loss of ₦4.7bn in the prior year. Guinness saw double-digit gains in its value beer segment, driven by Dubic Lager and a 22% sales boost from its mainstream spirits, driven by innovation launches and new formats.

Malta Guinness to launch Pan-African TV game show, ‘maltavator’ challenge

Malta Guinness, a malt brand from the stables of Guinness Nigeria Plc, is set to launch a pan-African TV show tagged the ‘Maltavator’ challenge that will see home-grown Nigerian talents compete against contestants from Ethiopia, Ghana and Ivory Coast.

According to a statement from the beverage maker, the Maltavator challenge will comprise 40 contestants and will challenge consumers physically and mentally through an assortment of games and obstacles, with twist and turns that will keep participants on the edge.

Heineken, Global Fund team-up to fight HIV, Tuberculosis and Malaria in Africa

Beer giant Heineken NV has joined forces with Global Fund, a government, civil society and private sector group to fight the spread of HIV, tuberculosis and malaria epidemics in Africa.

Heineken said it will provide its expertise in the areas of logistics and communications to support the Global Fund in better reaching specific demographic groups that are most at risk of HIV, tuberculosis and malaria.

Diageo hails its first-half results despite worries of potential year-end currency headwinds

Diageo Plc, reported its first-half results on Thursday for period ending 31 December 2017, with the drinks maker recording a 1.7% sales lift to £6.5bn ($9.3bn) from last year’s £6.4bn.

Net profits attributable to the company’s shareholders surged 36% to £2bn, helped by a combined effect of increased marketing spend of 7%, reduction in net finance charges and a broad-based organic growth across all regions

FIFA, Coca-Cola kick-off World Cup Trophy Tour

FIFA World Cup Trophy Tour by Coca-Cola flagged-off on Monday with an official launch ceremony in London, with former FIFA World Cup winners Sir Geoff Hurst of England and Andrea Pirlo of Italy on hand to send the FIFA World Cup Trophy on its worldwide journey.

Guinness Ireland launches non-alcoholic Lager beer

Guinness Ireland has unveiled its first non-alcoholic lager beer as it looks to tap into a growing consumer trend of declining alcohol consumption or no alcohol consumption.

The new creation which is called ‘Pure Brew’ was developed at Diageo’s Open Gate experimental brewery at St. Jame’s Gate in Dublin. According to Guinness, the beer will be unveiled to 250 pubs in the Irish capital this January and to the rest of the country from March.