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

Hollandia Yoghurt touts its other uses

Hollandia Yoghurt, a brand from the stable of CHI Limited, Nigeria’s market leader in fruit juices and yoghurt drinks, said it is seeing an increased use of yoghurt, either consumed directly or as a taste-enhancing mixer.

Explaining further, the brand said that Hollandia Yoghurt Mixology has become a centrepiece for consumers who are increasingly embracing yoghurt and drink-mixing culture as their taste evolve.

It stated that since its launch in 2016, consumers have commended Hollandia Yoghurt Mixology for its novel taste, smooth texture and its versatility to be used as a mixture with variety of beverages.

Promasidor hints at strong demand for Sun Vita

The head of Marketing at Promasidor Nigeria Limited, Mr Abiodun Ayodeji, has revealed that sales of its newly launched Sun Vita cereal has been strong, making it one of the most sought after brands by consumers.

Ayodeji disclosed this during an interview at the company’s head office in Isolo, Lagos.

Sun Vita cereal was launched into the market in December 2018, with 75% locally sourced material.

NAFDAC refutes claims of “Fan Yogo Gin & Ginger” in circulation

The National Agency for Food and Drug Administration and Control (NAFDAC) has said that its attention has been drawn to images of Fan Milk “Fan Yogo Gin & Ginger” supposedly containing 12.5% alcohol volume being circulated widely to the general public via social media.

The food and drugs regulator said that no such product is registered by the agency, is not known to the agency and is not in circulation in Nigeria. The agency further said that it has carried out a thorough investigation at the facility of Fan Milk PLC and can confirm that no such product is being developed by the company and no stock of packaging materials of the said “FanYogo Gin & Ginger” were found in the premises.

Nestle Nigeria trains 30,000 farmers on sorghum, millet farming

Nestle Nigeria Plc, said it has partnered with the International Fertiliser Development Centre (IFDC) to train 30,000 Nigerian farmers on resilient farming of sorghum and millet over the past two years as part of its effort to source 100% of its raw materials locally.

This was disclosed by the company’s Corporate Communications and Public Affairs Manager, Victoria Uwadoka, during a media briefing at the company’s corporate headquarters in Ilupeju, Lagos, recently.

PZ Cussons Nigeria profit drops 40% as weak consumer demand impact sales

Consumer Goods Company PZ Cussons Nigeria Plc continues to feel the impact of a lingering recession with low patronage of its goods due to subdued consumer disposable income.

The company reported a 40% decline in profits for the nine months to the end of February, blamed on weak consumer demand, which saw sales fall by 13% to N55bn from N63bn in the previous year. The company said that profits fell to N807m from N1.3bn in the same period in 2018 despite the company’s best effort to manage costs.

NUFBTE urges beverage firm not to engage expatriates

The National Union of Food, Beverage and Tobacco Employees (NUFBTE) President, Comrade Lateef Oyelekan, has advised the management of La Casera Company not to allow foreign workers take over positions that are meant for Nigerians.

The union boss gave the advice when the new Managing Director of The La Casera Company, Mr. Chinedum Okereke, visited NUFBTE executives in Lagos.

Multinational firms band together to tackle plastic waste in Sub-Saharan Africa

A group of multinational firms with operations in Africa have come together to launch the Africa Plastics Recycling Alliance in a bid to reduce the problem of plastic waste across the continent.

The companies – Diageo, Unilever, The Coca Cola Company, Nestlé and Promasidor unveiled the alliance at the CEO Africa Forum in Kigali, Rwanda.

Nestlé Nigeria marks World Water Day

Water is an essential part of life, a basic need in every home. As important as water is to life, access to safe drinking water remains a challenge across the world, including Nigeria. The Multiple Indicator Cluster Survey (MICS) conducted by the government of Nigeria in 2016/2017, estimated that in the rural areas, 19 million people walk long distances to collect unsafe water from lakes, streams and rivers. The theme for World Water Day 2019, ‘Leaving no one Behind,’ draws attention to this problem and calls for action to address it.

FOBTOB launches empowerment scheme for members’ children

The Food, Beverage and Tobacco Senior Staff Association (FOBTOB) has launched a N1million empowerment scheme for children of its members who graduate with first class.

The union’s President, Quadri Olaleye, who revealed this at a luncheon in Lagos in honour of the media for their support for the union’s activities, explained that the award of N1million to brilliant youths was aimed at promoting academic excellence.

Cadbury Nigeria names Oyeyimika Adeboye as new Managing Director, Ogaga Ologe as Finance Director

Cadbury Nigeria Plc on Tuesday announced the appointment of Mrs Oyeyimika Adeboye as the company’s new Managing Director effective 1st April 2019. Mrs Adeboye takes over from Mr Amir Shamsi, who will take on a new role within Mondelēz International, the parent company of Cadbury Nigeria.

Mrs Adeboye would be the first woman Managing Director in Cadbury Nigeria history. Her appointment attests to the Company’s commitment to promoting gender equality, diversity and inclusion.