Beta Glass Plc, the glass bottle and metal crown maker announced on Wednesday the appointment of Seun Oni as an independent non-executive director of the firm. According to a statement by the firm, Ms. Oni is a Senior Finance Executive, with over 25 years professional experience spanning Assurance & Business Advisory and leading Financial strategies and processes in multinational organizations. Ms. Oni started her career in 1991 with PricewaterhouseCoopers and took increasing roles within the firm, including leading multidisciplinary consulting engagements for large scale organizations across various industry segments. She moved into operational management in 1999, joining the Coca-Cola Company as the Budget and Planning Manager for Coca-Cola Nigeria Limited and held varied roles of increa...
Kano State Governor, Abdullahi Ganduje said that his administration has spent N208 million ($573,000) to empower 5,200 tea sellers in the state. The announcement was made on Saturday during an empowerment programme at the Government House, Kano. The governor said that the beneficiaries were selected from 484 wards in the 44 local government areas in the state. He said that the gesture was to help in improving the means of livelihood of the beneficiaries and that of their dependents. “Our government attaches so much importance to empowerment programme because at the end, the beneficiaries will be self-reliant, thereby improving the economic capacity of the state,” he said. The governor gave each of the beneficiaries N40,000 ($110) worth of empowerment packages – beverages, noodles, pasta, m
Intercontinental Distillers Limited (IDL), a leading spirits company and makers of Chelsea Dry Gin and Veleta Fruit Juice among others held its annual distributor’s award for the year ending October 2017. The award which took place in Abeokuta, Ogun State is designed to reward distributors of the company’s products who excelled within the course of the financial year. The event saw Mrs. Yemisi Adewusi, Managing Director, YTT Distribution Limited and wife of popular film maker Gbenga Adewusi emerge the company’s overall best distributor. Emma Ogbata & Sons came in the second place, while Ogbohu Enterprises took the third place position. Speaking at the event, IDL’s Managing Director, Chief Patrick Anegbe highlighted some of the challenges the company faced over the course of the financial y
As part of efforts to boost internally generated funds and improve the lives of its farmers, the Kebbi State Government has sought the assistance of dairy giant FrieslandCampina WAMCO, makers of Peak and Three Crowns milk, to explore the potential for livestock breeding, local sourcing and development in the state. The Governor of Kebbi State, His Excellency Senator Abubakar Atiku Bagudu paid a courtesy visit to the dairy maker on Thursday, 9th November 2017. During the visit, Governor Bagudu received insight into the company’s operations through a tour of factory facilities and dairy development sites in Oyo state. He was also briefed on the company’s key dairy development activities including artificial insemination, cattle feeding and breeding for high yield milk quantities. In a media
Nigerian Breweries Plc said it will continue to support the annual ‘Don’t Drink and Drive’ campaign as part of its contribution to ensuring safe driving on the nation’s roads and keeping road users alive to contribute to the development of the country. The company’s Managing Director, Mr. Johan Doyer, who was represented by the firm’s Corporate Affairs Adviser, Mr. Kufre Ekanem, made this known in Lagos on Wednesday at a mega rally organized by the company for the DDD campaign at the Ojota New Garage. The rally is the second of three rallies scheduled for the year and is part of activities planned to commemorate the 10th anniversary of the DDD campaign organized by Nigerian Breweries in collaboration with the Federal Road Safety Corp. Speaking on the occasion, Mr. Ekanem said, “We commence
Grand Oak Limited, a leading marketer of alcoholic spirits and non-alcoholic brands have rolled out 9ja Café Rhum, its newest brand into the Nigerian market. According to the brand handlers, 9ja Café Rhum is proudly Nigerian liquor made from 100% handpicked coffee beans, sucrose and matured rum for Nigerians. The driving philosophy of the brand is to encourage Nigerians to indulge their passion for the things they enjoy, do great things and rediscover who they truly are. The new drink was unveiled recently at the ongoing International Tradefair, at the Tafawa Balewa Square, Lagos and was attended by key distributors across the country, newsmen, customers and other stakeholders. The Managing Director of Grand Oak Limited, Aare Fatai Odesile noted that the new product is of international sta
Nestle Nigeria Plc, has reiterated its commitment to growing the economy by simplifying its ingredients list and using more local raw materials. The firm has also set a goal to source only eggs from cage-free hens for all its food products globally by 2025. Speaking at the launch of a new seasoning cube, ‘MAGGI NAIJA POT’ in Sagamu, Ogun State, Corporate Communications and Public Affairs Manager, Victoria Uwadoka said, “We are committed to creating more value for the society and the community by increasing local sourcing. These commitments respond to the preference of today’s consumers for products with more familiar and common ingredients, natural or organic, with minimal processing.” Also speaking at the event, Mr. Mauricio Alarcon, the company’s Chief Executive Officer, said: “We dedica
Maltonic, a malt drink originally produced by Sona Breweries is back in the market after six years absence. The brand first made its debut in 1986 as a drink fortified with vitamin C, the company said in a statement. The drink went dormant in 2011 after the sale of Sona Breweries beer assets to Nigerian Breweries Plc. The ownership of Maltonic was transferred to Euro Global Foods and Distilleries Limited, a unit of Sona Group. Nigerian Breweries and Sona Group had a standing non-competition agreement for five years that prevented both companies from launching a competing product during that period. While commenting on the events that led to the relaunch of the brand, the Group Managing Director, Sona Group of Companies, Ajai Musaddi, said that it took the company eight to 10 months to reto...
Guinness Nigeria Plc, said it is resolved to boosting sales of its Smirnoff X1 brand by taking it on a nationwide road tour. The company said that it has expanded its offerings by going into the local manufacture of spirits, adding that it recently launched additional brands such as Smirnoff X1 Intense Chocolate Vodka, and Gordon’s Dry Gin with Moringa Citrus Blend, while it has also started producing brands like McDowell’s, after obtaining distribution rights from Diageo’s United Spirits Limited. The firm said it has embarked on a nationwide party tour themed the Smirnoff X1 Tour. The tour is set to take over Nigeria’s night life with eight epic nights in seven cities within eight months. The cities the company plans to visit includes Owerri, Abuja, Benin, Port Harcourt, Jos, Ibadan and L
Coca-Cola HBC said on Thursday that net sales revenue in the third quarter grew by 5%, driven by a 3.4% volume growth across a broad range of countries. The Coca-Cola anchor bottler in 28 mostly European countries and Nigeria said that the overall volume increase is a testament to the strength of its execution across its markets. Net sales in the third quarter hit €1.8bn and €5.04bn in the nine months to the end of September, a 5.4% increase from the previous year. The company said that it saw a 2.2% volume increase in established markets in the third quarter, helped by a good tourist season and exceptionally warm summer weather in Southern Europe, while a 9.1% sales growth in developing markets was buoyed by a strong volume, positive price and category mix and a strengthening of currencie