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 »
CHI Limited, Nigeria’s leading fruit juice company has announced the launch of Chi Exotic fruit juice and Chivita Ice tea in new hip, trendy and convenient cans.
According to the company, the launch once again demonstrates the company’s continuous quest for innovation that meets the dynamic needs of Nigerian consumers. It would be the first time a mainstream juice brand is available in cans.
PepsiCo Inc said it has received approval from the South African Competition Commission to acquire South African-based Pioneer Foods. The Commission has recommended to the country’s Competition Tribunal the approval of the proposed transaction in which Simba (Pty) Ltd, a subsidiary of PepsiCo, intends to acquire Pioneer Foods Group Limited subject to certain conditions.
PepsiCo, through Simba, supplies several ready-to-eat products in South Africa under well-known brands which include Simba, Lays, Dorito’s, NikNaks and Fritos.
Guinness Nigeria Plc said that its revenue and profit continued to face market challenges in the first half of the year.
The drinks company reported a tepid rise in sales for the six months to the end of December. Sales rose by 1% to N68.3bn from N67.8bn in the same period in 2019.
Swiss food and beverage giant Nestle SA on Thursday announced an ambitious programme to invest 2.0 billion Swiss francs (1.8 billion euros, $2.1 billion) over the next five years to reduce its use of virgin plastics in favour of food-grade recycled plastics.
The company said it also plans to invest in new types of sustainable packaging to meet its target of making all its packaging recyclable or reusable by 2025.
The Food and Beverage Recycling Alliance (FBRA) has partnered Green Janitors Sustainability Initiative to rid Badagry Community of plastic waste during three months Pick-a-Plastic campaign which was launched on Saturday, December 21, 2019.
The sensitisation for the campaign at Badagry, which was initiated by Green Janitors and LAWMA, commenced on Saturday, December 14, as part of efforts at reinforcing the Blue Box programme of Lagos State Government aimed at ensuring a cleaner environment.
Guinness Nigeria Plc said that a challenging macroeconomic environment, coupled with competition, unfavourable mix performance and excise duty increases on both beer and mainstream spirits negatively impacted its first-quarter results ending in September.
Revenue for the drinks company fell by 4% to N26.9bn from N28bn in the same period in 2018. Operating Profit declined by 59% to N682m, from N1.67bn, driven by the drop in revenue.
The Nigeria Employers’ Consultative Association (NECA) has appealed to the Federal Government to encourage dialogue and engagement to resolve issues in a friendly and peaceful manner within the provisions of the law when dealing with businesses.
The Pro-business group made the call in Lagos on Tuesday following the recent sealing of the premises of Nestlé Nigeria Plc by officials of the National Lottery Regulatory Commission (NLRC).
The Food and Beverage Recycling Alliance (FBRA) has announced the appointment of Agharese (Arese) Lucia Onaghise, as the Executive Secretary of the Alliance to drive its ambitious goal towards building a sustainable recycling economy for food and beverage packaging waste in Nigeria.
Onaghise will drive the various campaigns and initiatives of FBRA as a Producer Responsibility Organisation (PRO) to fruition, with her wealth of experience. This would further strengthen the recovery of food and beverage packaging waste in compliance with the Extended Producer Responsibility (EPR) policy of the Federal Government.
The National Lottery Regulatory Commission (NLRC) has agreed to reopen the corporate headquarters of Nestle Nigeria Plc following an agreement reached with the food and beverage firm to pay a disputed N65m lottery commission stemming from lottery promos the company held between 2012 and 2014.
According to the NLRC, the company’s office was sealed for violating the National Lottery Act, 2005 and National Lottery Regulations, 2007. The NLRC, which is an agency of the Federal Government, regulates sales promo operated by companies.
Africa’s largest cocktail experience is almost here again! Lagos Cocktail Week 2019 (LCW) is set to take place from October 16th-October 17th 2019.
The first Lagos Cocktail event held on October 2014 as a week-long event known as The Lagos Cocktail Week (“LCW”).
