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 »

Category Archives: Dairy

CWAY struggles to meet demand as it extends line into yoghurt

CWAY Foods & Beverages Nigeria Ltd said that business can’t be better as combined installed production capacity of fruit-flavoured milk drink firms cannot meet consumer demand in the country.

The Chinese company which came into Nigeria in 1999 and arguably can take some credit for pioneering the concept of fruit-flavoured milk drinks in the country said that growth in the sub-sector is being driven by the nation’s rising population as every Nigerian in different demography is a potential user of the various dairy products.

FrieslandCampina WAMCO, ATP mark Independence Celebration with Nutrition Awareness Programme

As part of its community service that marks Nigeria’s 58th Independence celebration, Nigeria’s leading dairy company, FrieslandCampina WAMCO Nigeria PLC partnered with Ask the Paediatricians (ATP) Foundation to deliver nutrition assessment and support for over 5,000 children and their parents across Lagos, Kwara, Abuja and Abeokuta – on September 29 and October 1, 2018.

PZ Cussons Nigeria posts first quarter loss as low consumer demand hurt sales

PZ Cussons Nigeria Plc, on Friday announced a net loss of N208 million for the first quarter of 2018/19 financial year ending on 31 August.

The consumer goods company which has a diverse product line that includes electricals, personal and homecare products, dairy brands under the Nutricima business line and others said that the loss came as a result of low patronage of its products due to subdued consumer disposable income. Net revenue fell by 14.3% to N15.9bn from N18.5bn in the same period in 2017.

FrieslandCampina WAMCO Gives cash Awards to Young Scientists at 48th Nutrition Confab

FrieslandCampina WAMCO, makers of Peak and Three Crowns milk awarded cash prizes to eight young Nigerian nutritionists for their excellent scientific research presentations at the just concluded 48th Annual General Meeting & Scientific Conference of the Nutrition Society of Nigeria.

Krispy Kreme Nigeria gets a boost from US envoy’s visit

Krispy Kreme Nigeria received a visit on Thursday from the American Ambassador to Nigeria, Stuart Symington.

The envoy extolled the doughnut company for its quality process. During the visit which gave Ambassador Symington a close-up view of Krispy Kreme’s operational processes, he commended the management for the quality of work in the production of doughnuts.

FrieslandCampina Donates Dairy Products to IDP Camp

Hein Schumacher, Global CEO, Royal FrieslandCampina, The Netherlands, has donated dairy products and education materials to internally displaced persons at the Durumi IDP Camp, Abuja.

FrieslandCampina to Invest 23million Euros in Local Milk Production – CEO

Royal FrieslandCampina has announced its decision to invest 23 million euros in local milk production as part of its Dairy Development Programme (DDP) in Nigeria, according to Hein Schumacher, the company’s Global CEO.

PZ Cussons Nigeria full year profit halved amid weak consumer demand, competition and higher borrowing cost

PZ Cussons Nigeria Plc, the Nigerian unit of British consumer goods maker, PZ Cussons Plc reported its full year 2018 results on Friday, with the firm’s profit declining by 48% to N1.9bn from N3.7bn in the previous year.

Kebbi State urges herdsmen to embrace modern methods of cow milk marketing

The Governor of Kebbi State, Atiku Bagudu has appealed to herdsmen to adapt to modern methods of processing, packaging and marketing cow milk in order to improve cleanliness and profitability.

Bagudu gave the advice on Wednesday while speaking with some herdsmen in Era Fulani village in Argungu Local Government Area of Kebbi State.

Kaduna State, Danish Government mull partnership on dairy development

President Muhammadu Buhari said on Monday that the dairy farming scheme being proposed by the Kingdom of Denmark and the Kaduna State Government would go a long way in reducing clashes between herdsmen and farmers which has left scores of people dead.

Buhari’s statement came while he received the outgoing Ambassador of Denmark, Mr Torben Gettermann at the Presidential Villa in Abuja.