Cream Liqueur sees growth with new players, more flavours

Cream liqueur is experiencing renewed growth in Nigeria, spurred by increased interest by consumers, particularly women. It is a favourite of women because it is a type of alcoholic spirits for people More »

Modular building technology firm sees growth opportunities in various sectors as economy recovers

Lange & Grant, an integrated projects development company with a complete in-house assembly line facility to produce large scale insulated sandwich panels, made with polyurethane foam for commercial projects said that the More »

Drinking tea regularly lowers risk of cardiovascular disease – new study

Green tea in a cup

A recent study has shown that drinking green tea three times a week could prolong people’s life and reduce their risk of having a heart attack or stroke by 25%.

The study which was published in the European Journal of Preventive Cardiology, found that the antioxidants in the drink could help protect the heart and keep people healthier for longer.

Nestle SA to invest 2bn Swiss francs in recycled plastics

Nestle SA

Swiss food and beverage giant Nestle SA on Thursday announced an ambitious programme to invest 2.0 billion Swiss francs (1.8 billion euros, $2.1 billion) over the next five years to reduce its use of virgin plastics in favour of food-grade recycled plastics.

The company said it also plans to invest in new types of sustainable packaging to meet its target of making all its packaging recyclable or reusable by 2025.

Hollandia Yoghurt appoints Yemi Alade as brand ambassador to mark 15 Years Anniversary

Yemi Alade

Hollandia Yoghurt, Nigeria’s leading drinking yoghurt brand, has announced a partnership agreement with Miss Yemi Alade, a multiple award-winning artiste of international repute, as part of a new campaign to celebrate the brand’s 15 years of nourishing Nigerians and reinforcing its market leadership.

According to the brand, the partnership aims to celebrate the values of consistency, hard work and talent which the brand and the artiste have in common. Hollandia Yoghurt is the leader of the yoghurt category, a position it attained through innovation and continuous passion for excellence. Similarly, Miss Yemi Alade has continuously innovated herself and has risen to the top of her music career with various award winning hits.

NBC names Matthieu Seguin as Managing Director

matthieu_seguin

The Nigerian Bottling Company Limited (NBC) has announced the appointment of Matthieu Seguin as its new Managing Director.

Seguin succeeds Georgios Polymenakos who was appointed in August 2016 through October 2019.

According to a statement signed by the Public Affairs and Communications Director for NBC, Mr Ekuma Eze, Seguin was until his recent appointment the General Manager for Coca-Cola HBC Ireland and Northern Ireland for almost four years.

Coca-Cola Nigeria donates $100,000 for MEDIC

Coca-Cola

THE Coca-Cola Foundation has given $100,000 grant to Mental and Environmental Development Initiative for Children (MEDIC) to implement a Recycling Scheme for Women and Youth Empowerment (RESWAYE).

The company said it is a further testament of its commitment to empowering women, youths and building sustainable communities.

Lagos Water Regulatory Commission cautions table water producers on guidelines

lagos_state_water_regulatory_commission_meets_with_atwap

The Lagos State Water Regulatory Commission has cautioned water producers in the state to adhere to laid down rules and procedures.

The commission spoke through its Executive Secretary, Mrs. Funke Adepoju, who met with the executive members of the Association of Table Water Producers (ATWAP) in Lagos State at a stakeholders’ meeting.

Champion Breweries appoints Georgios Polymenakos as new Managing Director

Georgios Polymenakos

Champion Breweries Plc has announced the appointment of Mr Georgios I. Polymenakos as its new Managing Director.

The appointment follows the resignation of Mr Patrick Ejidoh as Managing Director, who reached retirement age after 32 years of an illustrious career with Nigerian Breweries Plc.

Mr Ejidoh is credited with ushering the company into the path of growth and profitability.

Nigerian Bottling Company gives incentives to trade partners

Coca-Cola 60cl

The Nigerian Bottling Company (NBC), the sole bottler of Coca-Cola products in Nigeria recently held a series of giveaways and incentives for its trade partners.

Speaking on the campaign, the company’s Public Affairs and Communication Director, Mr. Ekuma Eze, said that as the year draws to an end, the campaign offers NBC the opportunity to express appreciation to its trade partners, by rewarding them for their efforts and commitment to working with the company to accelerate sales volume growth.

Int’l Breweries closes N165bn rights issue

beer

International Breweries Plc (“IB PLC”) announced on Sunday that its N165bn rights issue will close on Tuesday 24th December 2019.

In a statement from the brewing company, it said that it has received the express approval from its shareholders and relevant agencies of government including the Security and Exchange Commission.

The application list for its rights issue was first launched on 5th December 2019. The exercise will see Anheuser-Busch InBev, the majority shareholder in IB Plc invest an additional N124bn ($341m) in the Nigerian subsidiary.

Lagos State, FBRA, Green Janitors Partner to Rid Badagry of Plastic Waste through Pick-a-Plastic Campaign

FBRA,Green Janitors

The Food and Beverage Recycling Alliance (FBRA) has partnered Green Janitors Sustainability Initiative to rid Badagry Community of plastic waste during three months Pick-a-Plastic campaign which was launched on Saturday, December 21, 2019.

The sensitisation for the campaign at Badagry, which was initiated by Green Janitors and LAWMA, commenced on Saturday, December 14, as part of efforts at reinforcing the Blue Box programme of Lagos State Government aimed at ensuring a cleaner environment.