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 »

Coca-Cola, NBC shine at 2018 SERAS Awards

Coca-Cola Nigeria Ltd and its sister company, the Nigerian Bottling Company Ltd (NBC) have emerged winners at the 12th Annual Sustainability, Enterprise Responsibility (SERAS) Awards. Coca-Cola won the best company in the Good Health and Well-being Category.

The company was recognised for its Safe Birth Initiative (SBI), aimed at tackling the high rate of maternal and newborn deaths in Nigeria.

FIIRO develops technology to commercially extract Thaumatin, a natural sweetener

The Federal Institute of Industrial Research (FIIRO), Oshodi, Lagos, said it has developed a technology that can aid in the commercial extraction and optimization of high-grade Thaumatin, a low-calorie sweetener and flavor modifier.

The Director-General of FIIRO, Gloria Elemo, made this known at the International Conference on Alternative Sweeteners which held in Lagos recently,themed: “Harnessing of the Economic Potential of Thaumatin (Thaumatococcus danielli) in Africa”.

Coca-Cola Chairman Muhtah Kent to step down in April 2019

Muhtar Kent, the long-serving former CEO and current Chairman of the Coca-Cola Company will step down from his role in April 2019 after 41 years of illustrious service to the company.

James Quincey, the current president & CEO will add chairman to his job title while giving up the title of president following the company’s annual meeting in April 2019. Brian Smith, who was previously announced, will become the President & Chief Operating Officer of the company on 1st January 2019.

Nigerian Breweries announces one resignation, two new Non-Executive Director appointments

Nigerian Breweries Plc on Thursday announced two new Non-Executive directors to its Board of Directors.

The brewing company notified the Nigerian Stock Exchange (NSE) of the change to the composition of its Board with the appointment of Mr Oluseyi Bickersteth and Mrs Adeyinka O. Aroyewun as Non-Executive Directors.

Star Lager to host 2018 ‘One Lagos Fiesta’

Star Lager beer, the flagship beer brand of Nigerian Breweries Plc, has revealed plans to round up the year in conjunction with the Lagos State Government at its Yuletide revue, One Lagos Fiesta, which is set to hold from 24th December to the early hours of 1st January, 2019.

The event which is billed to attract top Nigerian artists cutting across all genres, including Olamide, Teni, Real, Humblesmith, Ayuba, Osupa among others and over two million direct participants are expected to take part in this year’s event.

Amstel Malta hosts FitFam Fest 2018 in support of healthy living

Premium Malt drink, Amstel Malta, from the stables of Nigerian Breweries Plc recently hosted hundreds of fitness enthusiasts at the 2018 FitFam Fest.

The event attracted fitness pundits and fans from different parts of the world as well as local fitness celebrities, who shared their experiences and weath of knowledge regarding the ever-growing fitness industry.

Coca-Cola Beverages Africa appoints new CEO

Coca-Cola Beverages Africa (CCBA), the continent’s largest Coke bottler which spans over a dozen countries announced on Monday the appointment of Mr Jacques Vermeulen, a 23-year veteran of the soda giant as its new CEO, effective 1 December, 2018.

Court orders Nigerian Breweries to include retirement policy in employee handbook

The National Industrial Court of Nigeria has asked Nigerian Breweries Plc to include its early retirement policy in its staff Handbook.

In his ruling, Justice Ogbuanya ordered the firm to specify the pre-qualification, notice period and severance package in order to avoid litigation of the policy.

Unilever agrees to buy GSK Indian Consumer Nutrition Business, including Horlicks

Unilever announced on Monday it has agreed to buy GlaxoSmithKline Consumer Nutrition business in India, including hot malted drink Horlicks.

The deal is expected to cost Unilever €3.3bn ($3.8bn) and will be paid through shares of its Indian unit Hindustan Unilever as well as cash of no more than €639m.

Football Great Rio Ferdinand visits Nigeria as part of a weekend packed events promotion by Guinness Nigeria

Former Premier Leaguer and a player with a huge fan base in Nigeria, Rio Ferdinand visited the country over the weekend at the invite of Guinness Nigeria Plc. The trip was part of the brewing company’s line up of events for the football star to help boost its Guinness Made of More campaign that is ongoing around the country. Part of the line-up included being part of a coaching clinic with local football teams, meeting fans and competition winners at the Guinness Africa Stadium viewing Centre event; and attending the Guinness Flavour Rooms for a full immersion of the Guinness brand.