Budweiser, a premium brand of International Breweries Plc, a proud member of the AB InBev family has concluded plans to sponsor top-performing sales staff and distributors to watch select European Premier League matches as a way of rewarding and appreciating them for their hard work and commitment.
The company is rewarding a total of 54 persons for their performance in the recent financial year and to encourage them to do better.
Anheuser-Busch InBev (AB InBev) is said to have committed to investing more than N123bn in its Nigerian operation.
According to a report by the Nations’ Newspaper, sources at the weekend said AB InBev was in support of the rights issue planned by International Breweries Plc, its Nigerian subsidiary and had committed to participating fully in the new capital raising exercise.
The capital raising comes on the heels of growing debt at the brewing company as it seeks to grow its presence in the Nigerian beer market and take market share from its rivals, Nigerian Breweries Plc and Guinness Nigeria Plc. The company recorded a net loss of N4bn in fiscal year 2018 and the losses have continued into the first-nine months of 2019, recording N16.4bn in net loss.
CHI Limited, a leading juice and dairy company has announced the launch of Hollandia Lactose Free Easy-to-Digest Milk.
The company said that research has shown that majority of Nigerians are lactose intolerant and are unable to digest lactose present in milk. This gives rise to symptoms varying from bloating to flatulence, nausea, cramps, diarrhea, and stooling. Most consumers may not connect these symptoms with lactose intolerance since the awareness is low. For those who are aware, they may stop taking milk, thereby losing out on all the benefits of milk, such as calcium, proteins and vitamins.
