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 »

Category Archives: News

FG weighs placing excise duty on soft drinks

soft drinks

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said that the Federal Government is considering placing excise duties on carbonated soft drinks in order to boost its revenue base.

Ahmed said this on Thursday on the sidelines of the World Bank/International Monetary Fund meetings taking place in Washington DC, United States.

Int’l Breweries Board sets price for Rights Issue

Trophy Lager

International Breweries Plc announced on Thursday that its shareholders at an Extra-Ordinary General Meeting (AGM) held on Tuesday, 15th October 2019 approved the ‘Rights Issue’ as proposed by the Board of Directors.

Following the shareholders’ approval, the Board of Directors convened and proposed a Rights Issue price of N9 per share.

Danish spirits firm, Spivi launches SMA SHOTS in Nigeria

SMA SHOTS

The Danish Spirit Factory has launched a new product, SMA SHOTS in Nigeria, with consumers’ refreshment its focal point.

Packaged in an angelic bottle, SMA SHOTS has been made in a way that takes especially the young crowd to the world of flavours.

The CEO and Export Manager of SMA SHOTS, Sebastian Gronskov, explained that every bottle of SMA SHOTS is a promise kept.

“We are the company that have arrived to export SMA SHOTS out into the world, we have been exporting in several countries like Denmark, Norway, Sweden, Finland, Germany, Japan, Iceland and now Nigeria, we chose Nigeria as the first African country to penetrate because we have a very high hope for Nigeria and we see it as one of the transcending countries in Africa, and we also wanted to make sure our brand works well in African market.

NECA urges Federal Government to foster dialogue to ease doing business in Nigeria

NECA logo

The Nigeria Employers’ Consultative Association (NECA) has appealed to the Federal Government to encourage dialogue and engagement to resolve issues in a friendly and peaceful manner within the provisions of the law when dealing with businesses.

The Pro-business group made the call in Lagos on Tuesday following the recent sealing of the premises of Nestlé Nigeria Plc by officials of the National Lottery Regulatory Commission (NLRC).

SON to set new standard for plastic recycling

SON

The Standard Organisation of Nigeria (SON) has announced plans to work with stakeholders in the food and beverage industry to develop a standard that could save Nigeria N1.8tn annually in plastic importation.

The regulator said the new standards would improve production processes of plastics and ensure safety and the quality of products, adding that it would also lead to an increase of its use which would provide opportunities for employment rather than expending the nation’s hard-earned resources on importation.

FBRA appoints Executive Secretary to deepen commitment towards a sustainable recycling economy

Agharese (Arese) Lucia Onaghise, Executive Secretary, Food and Beverage Recycling Alliance

The Food and Beverage Recycling Alliance (FBRA) has announced the appointment of Agharese (Arese) Lucia Onaghise, as the Executive Secretary of the Alliance to drive its ambitious goal towards building a sustainable recycling economy for food and beverage packaging waste in Nigeria.

Onaghise will drive the various campaigns and initiatives of FBRA as a Producer Responsibility Organisation (PRO) to fruition, with her wealth of experience. This would further strengthen the recovery of food and beverage packaging waste in compliance with the Extended Producer Responsibility (EPR) policy of the Federal Government.

NLRC unseals Nestlé’s head office after firm agrees to pay disputed lottery fees

Nestle logo

The National Lottery Regulatory Commission (NLRC) has agreed to reopen the corporate headquarters of Nestle Nigeria Plc following an agreement reached with the food and beverage firm to pay a disputed N65m lottery commission stemming from lottery promos the company held between 2012 and 2014.

According to the NLRC, the company’s office was sealed for violating the National Lottery Act, 2005 and National Lottery Regulations, 2007. The NLRC, which is an agency of the Federal Government, regulates sales promo operated by companies.

Mercy Johnson-Okojie becomes Hollandia Evap brand Ambassador

Mercy Johnson-Okojie

Hollandia Evap Milk, one of Nigeria’s leading evaporated milk brand, has announced Mercy Johnson-Okojie as its new brand ambassador. As an accomplished actress, wife and mother, Mercy Johnson-Okojie perfectly embodies Hollandia Evap Milk’s all-rounder brand proposition. With this partnership, she will be able to share how the brand has enabled her achieve goals on multiple fronts, while inspiring consumers who aspire to do same.

The company said that Mercy’s success is a testament to her multiple talents and skills. In parallel, Hollandia Evap Milk is creamy, tasty and nourishing, and is an all-rounder evaporated milk and ideal as the perfect accompaniment for a variety of meals, foods and drinks.

Nigerian Breweries reiterates commitment to education development

Maltina Teacher of the Year

Nigerian Breweries Plc has said it is committed to using the Felix Ohiwerei Educational Trust Fund to develop and raise the standard of education across the country.

The commitment was made when its Managing Director/CEO, Jordi Borrut Bel, spoke at the inauguration of a block of classrooms, library and conveniences to Government Day Secondary School, Karu, Abuja in honour of the 2018 Maltina Teachers of the Year winner.

Nigerian Breweries to expand capacity at Enugu Brewery

Ama Brewery, Enugu

Nigerian Breweries Plc announced on Thursday it was putting finishing plans to expand its operational capacity at its Ama brewery in Enugu State.

The company’s Managing Director, Jordi Borrut Bel disclosed this when he led a delegation that paid a courtesy visit to the Enugu State Governor, Ifeanyi Ugwuanyi.