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: Ready-to-drink

Abuja Teacher Wins 2018 Edition of Maltina Teacher of the Year Awards

The quest for the best teacher in secondary schools in Nigeria in 2018 came to a glorious end on Thursday, when Olasunkanmi Samuel Opeifa, a teacher from Government Day Secondary School, Karu, Abuja emerged as the 2018 Maltina Teacher of the Year.

For the feat, Opeifa was rewarded with One Million Naira in addition to Five Hundred Thousand Naira he received as state champion from Abuja. He will also get One Million Naira every year for the next five years and a block of six classrooms built at his school.

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.

Grand finale for Maltina Teacher of the Year set for October 11

The grand finale of the 2018 Maltina Teacher of the Year will hold on Thursday, October 11, 2018 at the Muson Centre, Marina-Lagos, with high-profile guests expected to be in attendance.

The grand finale will see the unveiling of the 2018 Maltina Teacher of the Year. The teacher will be presented with N1 million, a trophy and another N1 million every year for the next five years, while a block of classrooms would be built at the school where he or she teaches.

Nigerian Breweries donates block of classrooms in Delta State

Nigerian Breweries Plc has donated a six-classroom block, library and conveniences to Mastercare International School, Asaba, through its Felix Ohiwerei Educational Trust Fund, in honour of the 2017 Maltina Teacher of the Year, Mr. Felix Ariguzo, who teaches at the school.

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.

Chi adds Frooty Happy Hour to its assortment of drinks

Chi Limited, makers of Happy Hour by Chivita fruit drinks, has launched yet another variant called Frooty Happy Hour by Chivita. The new fruit drink which is available in 100ml pouches is being marketed as a healthy, refreshing fruit flavoured drink with exciting variants that offer an instant shot of refreshment for consumers.

Chi introduces Exotic Pineapple Coconut in 150ml pack

Chi Exotic Nectar has launched its pineapple Coconut variant in 150ml pack size.

According to the company, the taste and refreshment is the same as its bigger pack sizes. The new pack is price friendly at N50 retail. The firm said it is the result of deploying innovation to drive brand growth in a dynamic market environment.

It notes that the variant offers an irresistible taste and distinctive refreshment that makes it ideal for indulgence and relaxation. Its taste and trendy pack size connects with the taste preferences and healthy choices of a youthful consumer segment.

Malta Guinness named official drink of Durbar festival in Sokoto, Zaria

Malta Guinness, a malt brand from Guinness Nigeria Plc has been named the official dink of the Durbar festival in Sokoto and Zaria.

In a statement, Omotola Bamigbaiye-Elatuyi, Marketing Manager, Malta Guinness and Non-Alcoholic Drinks, said: “Malta Guinness has been recognised as the Official Malt drink for the Durbar festivals in Sokoto and Zaria as a premium non-alcoholic malt brand that has been fueling the greatness of Nigerians with its goodness.

“Malta Guinness is packed with energy-giving vitamins B1, B2, B3, B5 and B6, and we are proud to be associated with such a landmark event to refresh guests and attendees,” she said.

Distell records full year revenue and profit rise despite challenging market conditions

Distell Group, South Africa’s leading cider, spirits and wine producer reported revenue growth of 10.4% for the full-year ending in June 2018. Revenue grew to R24.2bn rand ($1.9bn) on a 4.6% volume lift.

The company reported a strong growth of 10.1% in South Africa, its home market on 4.4% higher volumes amid low GDP growth and higher cost of living putting increased pressure on consumer disposable income.

Distell derives 74% of its revenue in South Africa.

Olympic milk renews music crooner Peter Okoye’s Ambassadorial Contract

Olympic milk brand has announced the extension of music crooner Peter Okoye’s Ambassadorial contract for the fourth year.

This was disclosed recently at the official signing ceremony at PZ Cussons head office in Ilupeju, Lagos

Speaking on the contract renewal, PZ Cussons Managing Director, Commercial, Mr Alex Goma, stated that the contract signing “signifies the continuation of Peter’s activities as Olympic brand ambassador, a position which will among other things see him champion the cause for a healthy and active lifestyle and also represent the brand at different levels.”