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Nigerian Breweries, FRSC partner on safety campaign during ember months

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Nigerian Breweries (NB) Plc says it has entered into a partnership with the Federal Road Safety Corps (FRSC) to ensure safety on the highways by discouraging habit of drinking while driving. Mr Kufre Ekanem, the Corporate Affairs Adviser, NB Plc, made this known at a news conference on the campaign tagged: “Don’t Drink and Drive” in Lagos on Thursday. Ekanem said that the partnership was part of the company’s long-term agenda on responsible consumption campaigns. According to him, Don’t Drink and Drive Campaign is a corporate social responsibility initiative designed to improve safety on Nigerian roads by discouraging the habit of drinking while driving. “The campaign is designed to improve safety, especially among the commercial drivers and motorcycle riders, young people with access to c

Nigerian cows produce less milk than cows in other countries – Minister of Agriculture

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The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, has said that cows bred in Nigeria top the list of least milk producing cows in the world. The minister made the assertion at the 79th anniversary of Ikoyi Club 1938 in Lagos on Thursday. He said that an average Nigerian cow produces less than one litre of milk per day compared to its counterparts in other countries where they produce as much as 100 litres per day. The minister cited the Netherlands as an example of a country where an average cow produces a minimum of 50 litres of milk per day, while in the United States, a cow’s milk production can rise to over 100 litres per day. Ogbeh said that part of the problem lies with the idea of moving cows from place to place, thus affecting meat and milk production. He stresse

Top Cows’ Milk Producing Countries In The World

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Cow milk is a nutritious liquid and known to be consumed by humankind for centuries. Its consumption had probably started with the domestication of the cow. Nowadays, milk is processed before packaging to ensure that harmful bacteria in the milk are killed. Apart from being popular as a beverage, cows’ milk is used to make a large number of products, including cheese, cream, butter, yogurt, liquid milk, ice cream, whey protein, and many more. In cows’ milk’s raw state, more than 87 percent of its chemical composition is water, while the other 13% consists of such dietary components as butterfat, whey and casein proteins, lactose (milk carbohydrates/sugars), and ash (vitamins and minerals). 10. UK (13.9 billion kilograms) In the United Kingdom, dairy farming has been a well-established prac

Nigeria now second leading producer of Sorghum in the world

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Nigeria’s agricultural production of sorghum has leaped to the second place, now trailing only the United States in annual production. Data obtained from the United States Department of Agriculture (USDA) forecasts world sorghum production at 59.34 million metric tonnes for 2017/2018. Of this number, USA’s output is projected to reach 8.4m metric tonnes while Nigeria is second with 6.4m metric tonnes, and Mexico comes in the third position with 6.0m metric tonnes. According to the USDA data, sorghum production was 63.08 million metric tonnes in 2016. This year’s output of 59.34 million metric tonnes represents a decrease of 3.74 million tonnes or a -5.93% decrease. Sorghum is a local grain that grows predominantly in the semi-arid, savannah and grassland region of Northern Nigeria and othe

Nigerian Beer Festival Kicks-off amid Merrymaking

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The First Nigerian Beer Festival got underway on Monday evening as billed amid an atmosphere of celebration at the Atlantic City Waterfront, Victoria Island, Lagos. The event opens daily with hundreds of fun seekers trooping to the waterfront to enjoy the excitement, fun and entertainment of the carnival. Nigerian Breweries Plc, the foremost brewer in the country, had an impressive display of products from its portfolio to provide enjoyment to consumers. The company has taken the lead in terms of the most visible and exciting branding with its products available for tasting and exhibition. Consumers took the opportunity to sample and enjoy the variety of brands from the brewers’ portfolio. Brands like Heineken, Star, Goldberg, Gulder, 33 Export and others were readily available for the cro

Intafact Hero’s Foundation Rewards new set of budding Entrepreneurs

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The Intafact Hero’s Foundation Kickstart Programme; a CSI initiative of Intafact Beverages Limited has just concluded its 2nd award ceremony which rewarded 40 budding entrepreneurs’ with the sum of eighty two million naira. Now in its second year, the Intafact Hero’s Foundation continues to promote and instill a culture of entrepreneurship among Nigerian youths to enable them reach their full potentials via the intensive training, seed capital and mentoring provided through its Kickstart programme. Whilst welcoming guests to the award ceremony, the Chairman of Intafact Hero’s Foundation, His Majesty, Nnaemeka Achebe, the Obi of Onitsha noted that “through Intafact Hero’s Foundation- CSI programme, it has empowered Nigerian youths to contribute meaningfully to the economic growth of Nigeria

Coca-Cola Nigeria to spend $600 million on new products by 2020

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Coca-Cola Nigeria Limited said it plans to invest $600 million by 2020 to boost sales, as part of the parent company’s global strategy to offer more consumer likeable products that goes beyond its carbonated soft drinks. The Nigerian subsidiary of the Atlanta-based soft drinks maker said it wants to expand its product offerings to include flavoured and condensed milk, ice tea and bottled water to meet demand, said Peter Njonjo, the President of Coca-Cola West Africa, in an interview with Bloomberg Business in Lagos. “Our objective is to provide whatever beverages you need across your life stages,” he said. The $600m is part of an ambitious programme by the Atlanta-based Coke to invest $17bn in Africa by 2020. Coca-Cola new Chief Executive officer, James Quincey has said the company needs t

Nigerian Breweries – Financial Market Forum Wrap-Up

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Nigerian Breweries Plc, the nation’s largest brewer held its ‘2017 Financial Market Forum’ on 14th September 2017 at the company’s Iganmu-Lagos facility, where the new CEO Johan Doyer and Finance Director, Mark Rutten held a briefing of the company’s business and gave analysts a tour of the Iganmu plant. The company posted a 15% revenue growth in the first-half of 2017, driven partly by earlier price increases. Beer volumes in the period declined mid-single digit. The brewer said it has implemented further marginal price increases in the N220 to N230 price range for select brands at the start of the third quarter of 2017 with the aim boosting margins amidst local input cost pressures. Volumes and market share remain under pressure, the company said, a trend that began two years ago as cons

Royal FrieslandCampina announces leadership change; CEO Roelof Joosten to step down next year

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Netherlands-based Royal FrieslandCampina N.V., one of the world’s leading dairy firms and the parent company of FreislandCampina WAMCO, announced on Wednesday that its Chief Executive Officer (CEO), Roelof Joosten will step down on 1 January 2018, and to be succeeded by Hein Schumacher, the company’s current Chief Financial Officer (CFO). Schumacher became a member of the Executive Board and Chief Financial Officer (CFO) of Royal FrieslandCampina in January 2015. Prior to this, he worked at Heinz in both financial and general management positions in the Netherlands, the United States, the UK and China. The company said that Schumacher’s leadership skills, experience and vision will further strengthen the company both operationally and commercially and so generate more value for the member

AB InBev to increase equity stake in Nigerian operation post-merger

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Anheuser-Busch InBev, the Belgian brewer which controls three independently operated breweries in Nigeria will increase its majority equity stake in International Breweries Plc (“IBPlc”) to 75.1% following the completion of the ongoing merger of its Nigerian operations. AB InBev announced in early June that the Board of Directors of its three indirect Nigerian subsidiaries – IBPlc, Intafact Beverages Limited and Pabod Breweries Limited had agreed to explore a merger of their operations subject to regulatory and shareholder approvals. The firm followed up in August by announcing it had secured the needed regulatory approvals from the Nigerian Securities and Exchange Commission (“SEC”) and the Nigerian Stock exchange (“NSE”) to merge its operations in Nigeria. According to a report by the Na