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: Beer

Nosak Distilleries to start exporting ethanol to Ghana

Leading ethanol manufacturer, Nosak Distilleries Limited, a subsidiary of Nosak Group has concluded plans to commence the exportation of refined ethanol to Ghana as part of its export expansion plans. This came to bare after securing the certificate of registration from the Food and Drugs Authority of the Republic of Ghana in Accra.

Employer’s Union appeal to government to engage private sector in talks on forex ban on food import

The Association of Food, Beverage and Tobacco Employers (AFBTE) has called on the Federal Government to go into talks with the Organised Private Sector (OPS) and other concerned stakeholders in the food industry in a bid to find lasting solutions to the government’s plan to restrict foreign exchange on food imports.

Heineken to expand capacity in South Africa brewery as its market grows

Heineken NV has announced it will spend US$67m in South Africa to expand capacity at its Sedibeng brewery.

The company produces ciders and beer at the brewery it co-owns with Namibia Breweries Limited (NBL). Some of its brands include Heineken, Amstel, Windhoek and Strongbow. The plan is to enlarge the brewery’s capacity from 5.3m hectoliters to 7.5 million hectoliters per year to accommodate demand.

Goldberg, La Casera to support 2019 Udiroko Festival

Two major beverage brands, Goldberg Lager beer, produced by Nigerian Breweries Plc, and La Casera Apple drink, made by The La Casera Company Nigeria Limited are some of the sponsors billed to take part in the 2019 edition of the Udiroko Festival, a cultural celebration of the Ado-Ekiti people as a collective entity that dates back to 1310 AD.
Both sponsors are said to have taken notice of the importance of the festival celebrated annually in Ado-Ekiti, South West Nigeria.

Goldberg Lager gets a new look

To sustain the spirit of celebration and cultural heritage, Goldberg, the premium quality beer which has become a cultural staple for pleasure-seekers for years, today, launched a new golden look that speaks to its respected status in the beer community as a cultural symbol.

With its refined, classy look, Goldberg was relaunched on August 9, 2019 at the finale of the brand’s talent hunt show, Ariya Repete, at the Ikeja City Mall, Lagos with the theme, “The Mark of Respect.”

Hero Lager launches Echefula – “never forget your identity” campaign

Hero Lager, from the stable of International Breweries Plc, has launched a unique campaign called Echefula-“Never Forget Your Identity”.

The awareness seeks to connect the brand at a deeper level with the people that have welcomed and accepted it as part of their culture while also reminding consumers to be proud of their heritage, identity, and to celebrate their culture and embrace their traditions.

Diageo to go green in Africa

Diageo Plc said on Monday it will spend £180m ($220m) in green energy and water recovery solutions at 11 of its African breweries. The initiative represents the company’s largest environmental investment in over a decade.

The company said it will switch to renewable energy at three brewery sites in Kenya and Uganda. New biomass boilers will be installed to replace systems that use heavy fuel oil. The boilers will use sustainable fuel alternatives such as wood chip, bamboo, and rice husks to create steam power for the breweries, reducing carbon emissions by 42,000 tonnes.

Int’l Breweries set to launch new reality TV show, “The People’s Hero”

International Breweries Plc (“IB Plc”), the Nigerian unit of global brewer Anheuser-Busch InBev (AB InBev) is set to unveil a new reality TV show in the South East called “The People’s Hero”. The show is part of the company’s effort to celebrate the rich cultural heritage of the people of southeastern Nigeria.

Int’l Breweries losses continue to mount despite sales growth

International Breweries Plc on Wednesday reported a net loss of N6.8bn for the first half of the year ending on 30th June 2019, further widening its losses by 141%. In the same period in 2018, the company incurred a net loss of N2.8bn.

The loss came despite a 29% increase in sales to N69bn. The company attributed the loss to higher cost of sales of 41% to N45.4bn, a net impairment charge of 179% and a surge in administrative expenses by 66.54% to N13bn.

Champion Breweries profit surge in half-year, lifted by strong sales growth

Champion Breweries Plc, reported over 650% growth in net profit for the six months to the end of June, bolstered by strong sales growth.

Net profit was up N99m from N13m in the previous year, driven by a sales jump of 54% to N1.62bn.

The maker of Champion Lager and Champ Malta saw a 39% spike in cost of sales, with gross profit rising 84% to N640m.