Tag Archives: Nigerian Breweries

Nigerian Breweries, FRSC partner on safety campaign during ember months

Nigerian Breweries (NB) Plc says it has entered into a partnership with the Federal Road Safety Corps (FRSC) to ensure safety on the highways by discouraging habit of drinking while driving.

Mr Kufre Ekanem, the Corporate Affairs Adviser, NB Plc, made this known at a news conference on the campaign tagged: “Don’t Drink and Drive” in Lagos on Thursday.

Ekanem said that the partnership was part of the company’s long-term agenda on responsible consumption campaigns.

Nigeria now second leading producer of Sorghum in the world

Nigeria’s agricultural production of sorghum has leaped to the second place, now trailing only the United States in annual production.

Data obtained from the United States Department of Agriculture (USDA) forecasts world sorghum production at 59.34 million metric tonnes for 2017/2018.

Of this number, USA’s output is projected to reach 8.4m metric tonnes while Nigeria is second with 6.4m metric tonnes, and Mexico comes in the third position with 6.0m metric tonnes.

Nigerian Breweries – Financial Market Forum Wrap-Up

Nigerian Breweries Plc, the nation’s largest brewer held its ‘2017 Financial Market Forum’ on 14th September 2017 at the company’s Iganmu-Lagos facility, where the new CEO Johan Doyer and Finance Director, Mark Rutten held a briefing of the company’s business and gave analysts a tour of the Iganmu plant.

The company posted a 15% revenue growth in the first-half of 2017, driven partly by earlier price increases. Beer volumes in the period declined mid-single digit. The brewer said it has implemented further marginal price increases in the N220 to N230 price range for select brands at the start of the third quarter of 2017 with the aim boosting margins amidst local input cost pressures.

“33” Export Lager marks World Friendship Day at the ‘City of Friends’

“33” Export Lager beer, a premium brand from the portfolio of Nigerian Breweries Plc, celebrated World Friendship Day at the ‘City of Friends’ in Lagos.

The event brought together friends and consumers of the brand including celebrities such as Timi Dakolo, A’rese Emokpae, Wale Ojo and many others.

The occasion which kicked-off on 28th July through 30th July took place at the beachfront behind Landmark Centre, Oniru, Lagos and featured top Nigerian entertainers such as Femi Kuti, Flavour N’abania, MI Abaga, Cynthia Morgan, Seyi Shay and many more as well as consumers of the brand. Gideon Okeke officiated the event.

Nigerian Breweries sustains momentum as half-year profit surge 24%

Nigerian Breweries Plc, said on Friday that the benefits of the price increases it took in 2016 to mitigate the effects of skyrocketing inflation and foreign currency challenges continued into its first-half results.

The company declared a 15% growth in revenue for the first six months of its financial year. Sales grew to N181bn ($500m), from N157bn ($430m) from the previous year.

Heineken Africa Foundation, Nigerian Breweries donate neonatal equipment to LUTH

Heineken Africa Foundation (HAF), in partnership with Nigerian Breweries Plc (NB PLC), on Thursday, July 13, 2017 commissioned an upgraded neonatal ward at the Lagos University Teaching Hospital (LUTH).

The upgrade involved a physical and infrastructural revamp of electrical units and provision of piped oxygen and air to the neonatal unit complex. The plumbing facilities were also upgraded to ensure availability of potable water in the unit.

Nigerian Breweries unveils Ace Desire RTD

Nigerian Breweries Plc, on Thursday unveiled its newest creation – Ace Desire, a Zobo-flavoured alcoholic ready-to-drink (RTD) to the Nigerian market.

The company’s Marketing Director, Franco Maria Maggi, said that “Ace Desire” is a sophisticated blend of spirit, natural Hibiscus or Zobo extract, being the traditional beverage produced from hibiscus leaves.

Local cassava firm fills void left by drop in raw materials imports

PSALTRY International Company Limited, an Oyo State-based grower and processor of high-grade cassava starch is filling a void left by a drop in imports of raw materials used by local beverage companies and other Fast Moving Consumer Goods (FMCG) firms. The drop in imports has created a surge in demand for local cassava starch which is a close substitute of maltose, an ingredient used in beverages and other products. The surge in local demand was caused by a high dollar exchange rate precipitated by low oil price, a situation that has forced many local manufacturers to abandon imports of raw materials with local substitutes.

Nigerian Breweries targets 60% local raw material sourcing by 2020

The Nigerian Breweries (“NB”) Plc has said that it was making plans to increase sourcing of raw materials like sorghum, Food Grade Starch and others locally from 57 to 60 per cent by 2020.

Mr Patrick Olowookere, Corporate Communications and Brand Public Relations Manager, made the disclosure to newsmen during a facility tour in Ado Awaiye in Iseyin area of Oyo State on Wednesday.

“33” Export Lager unveils ‘City of Friends’ campaign as it seeks to deepen bond with consumers

“33″ Export Lager Beer, the premium beer brand from the stables of Nigerian Breweries Plc (“NB”), a Heineken company has unveiled yet another initiative called ‘City of Friends’ at the Sheraton Hotel, Ikeja, Lagos. The event is a three-day long celebration that would feature some of Nigeria’s top entertainers.