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 »
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 »
German-based Symrise, a global manufacturer of flavourings, fragrances, cosmetic active ingredients, and raw materials has announced it will be opening a new laboratory in Lagos on 4th September, 2019 following a media tour of the facility.
The event will mark a new chapter in the company’s interaction with Nigeria, having maintained a sales presence in the country for more than 30 years.
Coca-Cola has received approval to market its new trademark energy drink across the globe. The soft drinks giant and Monster Beverage Corp announced on Monday in a joint statement that the arbitration tribunal looking into whether Coca-Cola violated the terms of a 2015 agreement with Monster not to sell its energy drink as it would put the company in direct competition with Monster ruled that Coca-Cola can continue to sell and distribute Coca-Cola Energy, including in markets where it has already been launched and is free to launch the product in new markets globally.
Nigerians spent a total of N208bn on alcohol in 2016, according to the latest data from the National Bureau of Statistics (NBS).
A breakdown of the nation’s consumption pattern shows that the South-South zone consumed the most alcohol in the country, with N74.4bn spent on alcohol. This covers the states of Delta, Edo, Bayelsa, Rivers, Akwa Ibom, and Cross Rivers.
Energy drinks maker Monster Beverage Corp is considering expanding its business line beyond energy drink.
The US-based company said at a shareholder’s meeting on Thursday that it was looking to grow its portfolio into different categories beyond energy drinks.
More than 150 exhibitors are expected to take part in the Food and Beverage West Africa (FAB) show, which opens its doors from June 18 to 20 at the Landmark Centre in Victoria Island.
Over a third of exhibitors are from Nigeria, while more than 20 countries will be represented, with Benin, Morocco, South Africa and Kenya among the participating African countries.
Coca-Cola Energy drink is set to make its debut in the UK in April as the soft drinks giant tries to appeal to younger demographics and diversify away from its namesake soda.
The Energy drink being rolled out will have two variants – with and without sugar.
Jon Woods, general manager of Coca-Cola Great Britain and Ireland, says: “Our strategy is to offer people a wide range of drinks to meet different lifestyles and occasions and Coca-Cola Energy is the latest example of that.
Zambian authorities have pulled an energy drink that they say contains Viagra from store shelves following test results from the country’s medicine regulator.
The drink, Natural Power SX High Energy Drink, which comes in 500ml cans and manufactured by Revin Zambia Limited, a local beverage producer is said to contain Sildenafil Citrate, a medication used to treat erectile dysfunction in men and pulmonary arterial hypertension and should never be taken without a prescription.
The drink which is said to be very popular among Zambian men is also exported to neigbouring countries – Uganda, Zimbabwe, Malawi and South Africa.
CWAY Foods and Beverages Nigeria Limited, the company best known for its fruit-based milk drinks said it has entered the energy drinks market with the launch of MACA energy drink.
According to the company, MACA energy drink is caffeine-free with, MACA extracts.
The company added that its primary target market are busy professionals, athletes, students of higher institutions, travelers, fun lovers, and more, as it helps to boost physical and mental activities.
Suntory Beverage and Food Nigeria Limited (SBFN) has appointed Anjan Patole as its new Managing Director. His appointment became effective on 15th December, 2018, as he took over from Gauthier Leveque.
Prior to joining SBFN, Anjan was the chief executive officer at Sameer Agriculture and Livestock Limited, Nairobi, manufacturers of FMCG brands in dairy products, ice-cream and water since 2014, where he oversaw seven East African countries.
The Federal Institute of Industrial Research (FIIRO), Oshodi, Lagos, said it has developed a technology that can aid in the commercial extraction and optimization of high-grade Thaumatin, a low-calorie sweetener and flavor modifier.
The Director-General of FIIRO, Gloria Elemo, made this known at the International Conference on Alternative Sweeteners which held in Lagos recently,themed: “Harnessing of the Economic Potential of Thaumatin (Thaumatococcus danielli) in Africa”.
