New Products

Auto Added by WPeMatico

Sona Group seeks Government’s ban or tariff increase on Sorghum, Barley

BUSINESS, New Products, News, NIGERIA, Nigerian state programs, wazobia companies
Sona Group of Industries said it is seeking the Federal Government’s intervention to ban the importation of sorghum, barley and biscuits into the country as Nigeria produces enough to meet local needs. The call was made by the company’s Group Chief Operating Officer, Mr. Ashok Manghnani, in Ota, Ogun State, at the unveiling of the firm’s new production line by the Minister of State for Commerce, Industry and Trade, Aisha Abubakar. Manghnani noted that the group has invested over $650 million in over eight of its subsidiaries and employs over 8,000 personnel, adding that the group has not only the capacity to meet local demand but also has started exporting to Senegal, Ghana and Abidjan, with sights set on other African countries. He cautioned that allowing imports of goods that the country

Coca-Cola Nigeria unveils 50cl Eva Twist Bottle

BUSINESS, New Products, News, NIGERIA, Nigerian state programs, wazobia companies
Coca-Cola Nigeria has announced the launch of a 50cl Eva Twist Bottled Water as it seeks to bolster its presence in the market. The soft drinks maker noted that the new bottle uses 18% less plastic which is in furtherance of its commitment to secure a friendly environment as well as serving consumers better. All up till now, Coca-Cola Eva bottled water only came in 75cl plastic bottles. Speaking on the new product, the company’s Marketing Manager, Patricia Jemibewon, said that the company acknowledged the essence of packaging in delivering products to consumers. “We envision a world in which our packaging is seen as a valuable resource for future use. Our packaging vision is zero waste, which means we are working to support initiatives that enable recovery and reuse of our packaging,” she

Malta Guinness Herbs Lite wins innovation and creativity award

BUSINESS, New Products, News, NIGERIA, Nigerian state programs, wazobia companies
Malta Guinness Herbs Lite, a malt brand from the stables of Guinness Nigeria Plc has won the ‘Fair Competition and Creativity Nigeria Awards’ (FCCNA) for its innovation and creativity. The award ceremony which took place on Thursday, November 9th, 2017 at the Lagos Chamber of Commerce and Industry was organized by the Consumer Rights Awareness Advancement and Advocacy Initiative (CRAAI). The Fair Competition and Creativity Nigeria Award (FCCNA) aims to encourage and reward companies and organizations that use innovation and creativity as tools to continually deliver superior products and services in the market place despite environmental challenges. “Our consumers are always at the heart of what we do, and we constantly strive to innovate with exciting products to delight them; we are happ

AB InBev restates commitment to Nigeria as it confirms construction of a new brewery

BUSINESS, New Products, News, NIGERIA, Nigerian state programs, wazobia companies
Global beer behemoth Anheuser-Busch InBev has said it is committed to a long-term investment in Nigeria. This was as the firm announced in a press conference in Lagos on Wednesday, the construction of a new brewery in the country, located in Sagamu, Ogun State, at a cost of over $250 million. The company noted that the new brewery which is expected to be completed in 2018 would be its second largest in Africa and a testament to its long-term view of the country. Speaking on the company’s activities in Nigeria, Annabelle Degroot, Managing Director-designate, International Breweries Plc (IBPlc), said: “We are investing in a fourth brewery, a large brewery outside of Lagos, in the Sagamu area that will come on line next year and it’s our largest brewery in Africa outside of South Africa. Degr

AB InBev replaces North American operation head as US beer sales continue to fall

BUSINESS, New Products, News, NIGERIA, Nigerian state programs, wazobia companies
Anheuser-Busch InBev announced on Monday the appointment of a new North American head, Michel Donkeris to replace João Castro Neves, a 20-year veteran of the Belgian/Brazilian brewer as beer sales in the U.S., the company’s most important market continue to lag. The company said in a statement that Mr. Neves who had been in charge of the North American division for two years would be leaving the company “to pursue other opportunities” and thanked him for his 22-years “distinguished career” at the firm. Mr. Doukeris, who is the brewer’s global chief sales officer, also a 20-year veteran of the firm has until now been in charge of the company’s Asian operations, helping to grow Budweiser globally and launched the firm’s premium beer business. Budweiser, one of the company’s global brands has

Sona Group to unveil ethanol plant in January 2018

BUSINESS, New Products, News, NIGERIA, Nigerian state programs, wazobia companies
Barring any unforeseen hiccups, Sona Group, a diversified conglomerate with interests in the beverage industry, biscuits, food and allied products among others said it has set a January 2018 date for the completion of a N3 billion ethanol plant it is constructing. The group hopes to meet local demand of ethanol with a daily production capacity of 120,000 litres, which translates to 43.8 million litres per year. The plant which is located at the company’s facility in Sango-Ota, Ogun State is expected to meet the company’s needs with the remaining being sold to local multinationals such as beverage manufacturers, pharmaceutical companies and others. The firm noted that it has also received interest across the West African Coast including Ghana, Togo, Republic of Benin, Gabon, Senegal, Ivory

Heineken launches Premium beer Amstel into the Kenyan Market

BUSINESS, New Products, News, NIGERIA, Nigerian state programs, wazobia companies
Heineken East Africa on Wednesday introduced Amstel beer into the Kenyan market. Speaking at the event to unveil the brand in Nairobi, Heineken East Africa General Manager, Uche Unigwe said, “The introduction of Amstel was informed by the growing demand by Kenyans for a different brand of quality beer in the market. “This provided a great opportunity for us to expand our portfolio of products thus we brought in Amstel to meet this demand”, he said. The GM noted that Kenyan drinkers now have the option of socializing without sacrifice with a beer that instills the confidence of a premium brand choice without losing taste or image. “We want consumers to question their relationship with their current domestic beer and we are confident they will ‘succumb to the aaah taste’ once they’ve experie

Beta Glass appoints Seun Oni as a Non-Executive Director

BUSINESS, New Products, News, NIGERIA, Nigerian state programs, wazobia companies
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 Government spends N208m to empower Tea Sellers

BUSINESS, New Products, News, NIGERIA, Nigerian state programs, wazobia companies
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

IDL holds annual distributor’s award; reintroduces Bull Dry Gin, Derok

BUSINESS, New Products, News, NIGERIA, Nigerian state programs, wazobia companies
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