Tag Archives: Coca Cola

Coca-Cola unveils three new variants of Five Alive juice

December 06, 2017   Editor   1 Comment

Coca-Cola launched three new variants of its popular Five Alive Fruit Juice in Lagos on Tuesday. The soft drinks and juice maker advised Nigerians to reduce their sugar consumption and adhere to a healthy lifestyle.

While introducing the new variants to the media, Coca-Cola Marketing Manager, Stills and Flavours, Gbolahan Sanni, said that consuming more fruits daily either by eating or drinking makes one healthy. Consequently, Coca-Cola Ltd has introduced drinks with more natural content to the market.

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Coca-Cola to unveil ‘Safe Birth Initiative’ for Ivory Coast and Nigeria

October 08, 2017   Editor   No comments

Soft drinks giant Coca-Cola  on Thursday announced the launch of “The Safe Birth Initiative” a new programme to aid the Health Ministries of Ivory Coast and Nigeria tackle high maternal and infant mortalities.

The pledge was made by the company’s Group President for Europe, Middle East & Africa (EMEA), Brian Smith while paying a courtesy visit to the President of Ivory Coast, His Excellency Alassane Ouattara.

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Coca-Cola suffers sales and profit slump in Q1 on refranchising costs, headwinds

April 26, 2017   Editor   No comments

Atlanta-based Coca-Cola said on Tuesday that revenue for the first quarter ending on March 31, 2017 fell by 11% to $9.1bn, while profit dropped 20% to $1.18bn. The poor performance was blamed on headwinds related to acquisitions, divestitures and costs associated with the ongoing North American bottling refranchising programme, as well as foreign exchange headwinds.

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Ebonyi State bans serving of Coca-Cola branded Soft drinks at State functions

April 19, 2017   Editor   No comments

The Ebonyi State Government has become the first State in Nigeria to restrict the consumption of Coca-Cola products in the state.

Concerned with the recent ruling by a Lagos State High Court against the National Agency for Food and Drug Administration and Control (NAFDAC) and the Nigerian Bottling Company (NBC) on the alleged health effects of consuming Fanta and Sprite, Ebonyi State Governor, David Umahi on Tuesday issued an order, banning the serving and consumption of Coke, Sprite and Fanta at government functions in the state.

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FX headwinds, acquisition costs and divestitures weigh on Coca-Cola sales and profits

February 10, 2017   Editor   No comments

The Coca-Cola Company (TCCC) reported its fourth quarter and full-year results on Thursday, with revenue falling 6% for the quarter to $9.4bn, from $10bn in the same period in 2015. It would be the seventh quarterly drop for the company. Full-year sales also fell 5% to $42bn, from $44bn in the prior year, blamed on foreign exchange headwinds, weakened economies abroad, cost of acquisitions and divestitures tied to its bottler refranchising.

The soft drinks giant said that costs related to the refranchising of its U.S. bottling operations came in higher than expected and hurt Q4 and full-year results, with fourth quarter net profit declining 55% to $550m, from $1.24bn, while full-year net income fell 11% to $6.5bn, from $7.4bn.

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NBC awards trucks to distributor partners in Abeokuta

February 02, 2017   Editor   1 Comment

Nigerian Bottling Company Limited (“NBC”), bottlers of Coca-Cola products in Nigeria has given out nine distribution trucks to its distributing partners in Abeokuta, Ogun State. The distributing partners received the trucks during a presentation ceremony organized by NBC directors in December 2016 at the company’s depot in Abeokuta.

The company said the initiative was part of its plan to grow, develop and satisfy the market in a more efficient and sustainable way.

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NBC builds youth Centre for Irete community in Owerri

January 15, 2017   Editor   No comments

As part of its commitment to youth and community empowerment, non-alcoholic beverage manufacturing giant, Nigerian Bottling Company Limited (NBC), has donated a Youth Centre to Irete community, in Owerri, Imo State. The handing-over ceremony of the newly constructed NBC/Irete Youth Centre took place at Umuoyo Village, Irete, Owerri, Imo State on January 8, 2017.

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Fire engulfs Coca-Cola depot in Uyo; Goods worth millions at risk

January 06, 2017   Editor   No comments

The Uyo depot of the Nigerian Bottling Company, makers of Coca-Cola, Fanta and Sprite was on Wednesday engulfed in flames with goods worth millions of naira at risk of being lost.

An eye witness, Mr. Charles Ekong, told the News Agency of Nigeria (NAN) that the fire started from where the pallets are kept and soon spread to the entire packaging area.

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Health industry accused of sabotaging efforts to reduce sugar content in sweetened beverages

January 04, 2017   Editor   No comments

Advocates of sugar-tax on sweetened beverages such as Carbonated Soft Drinks (CSDs) in Nigeria say that health organisations as well as medical and public health institutions have been enabling the rise in new cases of diabetes and other non-communicable diseases (NCDs) in the country by accepting billions of naira in donations from soft drink manufacturers in the form of Social Responsibility donations.

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Coca-Cola partners Lagos State Youth Ministry, renovates Gbagada Youth Centre

November 15, 2016   Editor   No comments

As part of its social responsibility to youth development and healthy living, Coca-Cola Nigeria Limited has partnered with the Lagos State Ministry for Youth and Social Development to remodel the Gbagada Youth Sport/Skill Acquisition Centre.

The company made this known at a meeting held with stakeholders at the Gbagada Youth Sport/Skill Acquisition Centre, Gbagada, Lagos on Monday, 7th November, 2016.

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