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 »

Int’l Breweries unveils new N90bn brewery in Sagamu

International Breweries Plc, has commissioned its N90bn ($250m) state-of-the art brewery in Sagamu, Ogun State.

The brewer which is the Nigerian subsidiary of Anheuser-Busch InBev has promised to create 600 direct and over 2000 indirect jobs along the value chain.

Nigeria’s President, Muhammadu Buhari, who commissioned the plant on Tuesday restated the government’s commitment to securing the business environment so that foreign direct investment (FDI) could flow into the country.

Kebbi State urges herdsmen to embrace modern methods of cow milk marketing

The Governor of Kebbi State, Atiku Bagudu has appealed to herdsmen to adapt to modern methods of processing, packaging and marketing cow milk in order to improve cleanliness and profitability.

Bagudu gave the advice on Wednesday while speaking with some herdsmen in Era Fulani village in Argungu Local Government Area of Kebbi State.

Kaduna State, Danish Government mull partnership on dairy development

President Muhammadu Buhari said on Monday that the dairy farming scheme being proposed by the Kingdom of Denmark and the Kaduna State Government would go a long way in reducing clashes between herdsmen and farmers which has left scores of people dead.

Buhari’s statement came while he received the outgoing Ambassador of Denmark, Mr Torben Gettermann at the Presidential Villa in Abuja.

Nestle and Starbucks finalize $7.15bn licensing deal

Swiss Food and beverage giant Nestle SA and American Coffee chain Starbucks Corp on Tuesday announced the closing of a $7.15bn deal that grants Nestle the perpetual rights to sell Starbucks coffee products globally, outside of the company’s coffee shops.

Commenting on the deal, the CEO of Nestle SA, Mark Schneider, said: “This partnership demonstrates our growth agenda in action, giving Nestle an unparalleled position in the coffee business with full suite of innovative brands. With Starbucks, Nescafe and Nespresso, we bring together the world’s most iconic coffee brands”.

Nigerian Breweries appoints Nigerian as new Marketing Director

Nigerian Breweries Plc (“NB Plc”), has announced the appointment of Mr Emmanuel Oriakhi, a Nigerian as its new Marketing Director. He succeeds Mr Franco Maria Maggi whose secondment at the brewing company ended at the end of August. Maggi will take up a new assignment at the Heineken headquarters in Amsterdam.

According to a statement by (“NB”), Mr Oriakhi joined the company in 2003 as a Commercial Management Trainee and held increasingly senior roles within the Commercial Function of the company.

Nigerian Breweries delivers block of classrooms, furniture, library, and books to Kano State Government

The Governor of Kano State, Abdullahi Ganduje, has commended Nigerian Breweries Plc for its contribution to the education sector in Kano State, saying the brewing giant has made his job easier.

The Governor was speaking while receiving a block of eight classrooms, furniture, library and books at the Government Technical College, Gwale, donated by the brewing company.

Also speaking at the event, the Emir of Kano, His Royal Highness Muhammadu Sanusi II, in a goodwill message, said Nigerian Breweries has added value to Kano people through its Corporate Social Responsibility (CSR) platform, adding “Maltina is no doubt our pride in CSR and other corporate bodies in Kano State should follow suit.”

Krispy Kreme store in Lagos re-opens

The Consumer Protection council (“CPC”) has announced the re-opening of the Krispy Kreme store in Victoria Island, Lagos.

In a statement released by the consumer protection watchdog, it said that the National Agency for Food and Drug Administration and Control (NAFDAC), as the primary and key food safety standards regulator “is satisfied that the vital question of safe operations have been resolved sufficiently to allow operations accordingly.”

Omoni Oboli re-signs contract for a third year with Nunu milk brand

Nollywood actress, producer and director Omoni Oboli has renewed her endorsement contract with Nunu milk from PZ Cussons Nigeria Plc, marking the third year as a brand ambassador for the well-established nutritional milk brand targeting moms and children.

The signing ceremony took place at the PZ Cussons Nigeria Plc headquarters in Ilupeju, Lagos.

International Breweries sets August 28th for commissioning of newly built Sagamu brewery

International Breweries Plc (“IB plc”), the Nigerian unit of Anheuser-Busch InBev has announced Tuesday, August 28 as the date it will commission its newly built brewery.

The new brewery which was constructed at a cost of US$250 million will be commissioned by Nigeria’s President, Muhammadu Buhari.

PepsiCo buys countertop seltzer-machine maker SodaStream for $3.2bn

New York-based PepsiCo Inc announced on Monday it has acquired Israeli-based SodaStream, a maker of counter top machines for making carbonated drinks from water filled in a reusable bottle and flavours if desired.

The deal which cost PepsiCo $3.2bn will allow it broaden its offerings beyond sugary drinks and promote itself as a maker of “in-home beverage creation”, according to Mr. Hugh Johnston, PepsiCo’s Chief Financial Officer.