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 »

CCBA appoints new MD for Kenya, Mayotte and Comoros

Coca-Cola Beverages Africa (CCBA) in Kenya has announced the appointment of Xavier Selga as its new Managing Director for Kenya, Mayotte and Comoros, effective 1 May 2019.

Xavier takes over from Daryl Wilson who has been appointed to head operations in Ethiopia as the Managing Director for CCBA in Ethiopia.

Food & Beverage Exhibition set for June 18th – 20th in Lagos

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.

Fan Milk marks World Environment Day with ‘One planet one health’ initiative

Fan Milk, a leading manufacturer of dairy products, has carried out a series of activities as its way of showing its care for public health and environment. To mark the World Environment Day in Lagos, the company launched One Planet One Health, an initiative borne out of the belief that a healthy body needs healthy food, while healthy food needs a healthy planet and ecosystem in which to grow.

Peak serves farewell breakfast to Super Eagles team as they head out to Egypt for the 32nd African Cup of Nations

Peak, the official milk sponsor of the Super Eagles served the team a sumptuous farewell breakfast in Asaba over the weekend as they departed for Egypt to partake in the 32nd African Cup of Nations tournament which is set to begin on 21st June.

Present at the breakfast session were all 25 players of the squad as well as officials of the nation’s football team.

Arla Dano Celebrates World Milk Day 2019 with call for improved milk consumption

Leading dairy firm, Arla Dano celebrated World Milk Day on June 1 2019 with a call to Nigerians to increase their consumption of milk due to its immense benefits.

To mark the special day, Dano organised a farm-themed event tagged ‘On the farm with Dano’ at the Ndubuisi Kanu Park, Alausa, Ikeja, Lagos with over 2,000 guests in attendance, including celebrities.

Promasidor Reaffirms Commitment to Employees Safety, Compliance to Regulations

Promasidor Nigeria Limited has restated its commitment to ensuring the safety of its employees and risk-free operations as it remains unwavering in adherence to health and safety requirements for organisational development.

This position was reinforced at the company’s safety day held last week under the theme “No Safety, Know Pain”, where stakeholders enlightened the workforce on health and safety measures, both at work and home.

Nestlé Opens Research & Development Innovation Challenge in Nigeria

Nestlé’s has announced the launch of a Research and Development (R&D) Innovation Challenge in Lagos after it kicked off earlier in the week in Ghana.

The company said the launch was part of the company’s efforts to contribute to the local innovation ecosystem.

“It is expected that the challenge will help to boost local entrepreneurship, as well as provide a platform for start-ups, researchers and developers to contribute to local sustainable growth by bringing breakthrough ideas to the market.

Coca Cola HBC forecasts Annual Revenue growth of 6% through 2025

Coca-Cola HBC, the leading bottler of Coca-Cola products in 28 countries including Nigeria announced on Monday it expects revenue annual growth of 6% for the next six years through 2025.

According to a Reuters report, the company said that the average annual revenue growth rate is expected to be in the range of 5%-6% on a currency-neutral basis.

Nestle Nigeria aims for increased market share

Nestle Nigeria Plc said it plans to introduce brand loyalty programmes as a way to grow its market share in the country.

The company’s Managing Director, Mauricio Alarcon, disclosed this during the firm’s Annual General Meeting held in Lagos recently.

Alarcon said that Nestle had continued to focus on creating demand as well as strengthening its brand loyalty so as to increase market penetration.

Danone Nutricia unveils Aptamil baby formula in Nigeria

Danone Nutricia, a multinational food company has launched one of its leading infant food brands in the world, Aptamil Infant formula into the Nigerian market.

According to the company, Aptamil contains a unique blend of key nutrients like carbohydrate, protein, vitamins, minerals (basically fat soluble) and other micro-nutrients.