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 »

NBC pledges commitment to economic growth at unveiling of sustainability report

The Nigerian Bottling Company Limited (NBC), the sole bottler of Coca-Cola products in Nigeria and a subsidiary of Coca-Cola Hellenic Bottling Company (CCHBC) has restated its commitment to contributing its quota towards a more sustainable society through its social, economic and environmental initiatives.

At the unveiling of the company’s sustainability report, NBCs’ Public Affairs and Communications Director, Ekuma Eze, described the Sustainability Report as a compilation of NBC’s social impact and environmental stewardship in Nigeria over the last few years.

Nestlé partners AGRA to aid agricultural entrepreneurship in Nigeria, other West Africa countries

Nestlé Central and West Africa (CWA) and the Alliance for a Green Revolution in Africa (AGRA) have launched a new initiative called Youth Agripreneurship Development Program (YADIS). The aim is to accelerate the sustainable development of farmer livelihoods and increase the interest and opportunities for youths in farming agri-food businesses in Ghana, Côte d’Ivoire and Nigeria.

Nigerians spent N208bn on Alcohol in 2016, says NBS

Nigerians spent a total of N208bn on alcohol in 2016, according to the latest data from the National Bureau of Statistics (NBS).

A breakdown of the nation’s consumption pattern shows that the South-South zone consumed the most alcohol in the country, with N74.4bn spent on alcohol. This covers the states of Delta, Edo, Bayelsa, Rivers, Akwa Ibom, and Cross Rivers.

AFBTE posts 22.3% income growth in 2018

The Association of Food, Beverage and Tobacco Employers (AFBTE) said that its full year income in 2018 grew by 22.3% to N102m from N83.4m in 2017.

The trade union organization which represents the interest of companies in the food, beverage and tobacco industries said that the sector was beset by influx of imported finished products, which negatively impacted the patronage of locally made goods and thus affected the organisation’s profit margin.

Best Global Brands launches new cream liqueur

Nigerbev Limited, makers of Best spirits brands in Nigeria have introduced a new premium cream liqueur in the market – Best Honey Cream Liqueur.

According to the company, “Best alcohol premium beverage aims to satisfy the taste buds of our esteemed customers and consistent with our pledge to provide Best products and exciting choices at all times, we have recently introduced a new variant called Best Honey Cream Liqueur made from soothing and comforting honey flavor which can be served chilled or with ice,” a statement from the company read.

NBC marks World Environment Day with commitment to a pollution-free environment

The Nigerian Bottling Company (NBC), the Nigerian subsidiary of Coca-Cola Hellenic Bottling Company (CCHBC) AG has reaffirmed its commitment towards a safe, clean and pollution-free environment. This was as the company led members of its staff and representatives from Lagos State Waste Management Authority (LAWMA) in a beach clean-up activity which was held to observe the 2019 World Environment Day.

CCBA to acquire stakes in Kenya’s Coca-Cola franchises

Coca-Cola Beverages Africa (CCBA) is set to acquire stakes in two of Kenya’s Coca-Cola franchises. Centum Investments, a quasi-Kenya Government agency announced on Wednesday it has agreed to sell its 53.9% and 27.6% stakes held in Almasi Beverages Limited and Nairobi Bottlers Limited to Coca-Cola Sabco East Africa, the South African co-owner of CCBA at a cost of 19.5bn Kenyan shillings ($192.5m).

Maltina launches ‘Happiness in the little things’ campaign

With a clear intention of remaining a brand whose essence is to continually share happiness, Maltina has rolled out a new campaign series, which seek to highlight the happy moments that bring genuine smiles on the faces of Nigerians.

Tagged: “Happiness in the Little Things”, the initiative is aimed at showcasing the brand’s willingness to be part of the little moments and activities that bring happiness to the life of an everyday Nigerian.

International Breweries felicitates with Ogun State at inaugural

International Breweries Plc (“IB Plc”), the Nigerian unit of Anheuser-Busch InBev (AB InBev) has commended Ogun State Government for its friendly policies that has fostered the growth of business.

The commendation came during the inauguration ceremony of the new Ogun State Governor, Prince Dapo Abiodun, at the Moshood Abiola Stadium, Abeokuta. The company’s Legal and Corporate Affairs Director, Otunba Michael Daramola,  said that through favourable government policies, the company was able to build a state-of-the-art brewery, which began operation in 2018. He expressed hope that the new administration will sustain and improve on the favorable policies of the previous government.

Coca-Cola rolls-out Costa Coffee RTD

Coca-Cola has announced the launch of its much awaited Costa Coffee RTD as the soda giant forges ahead with further broadening of its portfolio.

The company best known for its trademark Cola said that the new offerings will come in variants of Classic Latte, Caramel Latte, and Black Americano.