The La Casera Company (TLCC) has bolstered its Bold soft drinks brand with the addition of three new flavours – Orange, Tropical and Ginger in addition to the existing Bitter Lemon flavour.
The unveiling took place at a grand event at Eko Hotels & Suites, Victoria Island, Lagos.
CHI Limited, Nigeria’s leading fruit juice company has announced the launch of Chi Exotic fruit juice and Chivita Ice tea in new hip, trendy and convenient cans.
According to the company, the launch once again demonstrates the company’s continuous quest for innovation that meets the dynamic needs of Nigerian consumers. It would be the first time a mainstream juice brand is available in cans.
British-based consumer goods company PZ Cussons Plc has announced the proposed sale of its Nutricima Nigeria dairy business.
In a statement, the company said it has exchanged contracts for the sale of the assets associated with Nutricima’s business to FrieslandCampina WAMCO Nigeria Plc, an affiliate of Royal FrieslandCampina in the Netherlands. Under Nigerian law, completion of the transaction is subject to merger clearance in Nigeria, the statement read.
Champion Breweries Plc reported strong profit growth for the full year 2019. The company’s profit rose to N169m from a loss of -N264m in the previous year, driven by a 45% rise in revenue.
Gross profit jumped by 62% to N1.92bn reflecting the strong revenue growth.
Selling and distribution expenses surged by 47% to N778m, helping boost revenue and profit.
Nigerian Breweries Plc, the nation’s largest brewer celebrated International Women’s Day on March 9, 2020 at its corporate headquarters.
As part of activities commemorating the event, it organized a symposium at its headquarters, which was livestreamed across nine of its brewery locations and business units.
Nestle Nigeria Plc has announced the appointment of Mrs Juliet Ehimuan to its Board as an Independent Non-Executive Director. According to the company, the appointment became effective on 24 February 2020.
The company said that Mrs Ehimuan, who is the Country Manager for Google in Nigeria since 2011 has over 25 years of professional work experience.
She started her career in 1995 and has worked for several companies in Nigeria and abroad including Shell Petroleum and Microsoft United Kingdom, Strategic Insight Consulting Limited, which she started and Chams Plc Strategic Business Unit.
Nestle Nigeria Plc has reported earnings growth of 6% for the full year 2019. The food and beverage giant said that profit rose to N45.6bn from N43bn in 2018.
The company benefited from a 6.7% growth in revenue to N284bn. Nestle was also helped by operating profit rise of 19% to N72bn.
Nigerian Breweries Plc has restated its commitment to business partners across the country. The brewing company made this known when it held its 2020 Distributors Award ceremony on Friday, 21 February 2020 at the prestigious Eko Hotel and Suites in Lagos. The event honoured and rewarded the company’s outstanding trade partners who excelled in 2019.
