The Nation Newspaper

Tag: Nigerian Breweries

  • Nigerian Breweries takes friendship party to Owerri

    Nigerian Breweries Plc, producer of “33” Export Lager Beer, has hosted consumers to an evening of fun under its ongoing Friendship Parties being held in key cities.

    Before the event held at the Bongo Centre, Owerri, Imo State, other cities across Nigeria, including Lagos, Ibadan, Uyo, and Port-Harcourt had felt the friendship vibe as consumers were entertained by top DJs and comedians such as Comedian Bash, I Go Save, Shakara, Ajebo, DJ Kentalky, DJ Real and other entertainers. The leading beer has celebration of friendship as its key message in all the cities visited.

    Chika Dike-Paul, a guest at the event in Owerri, who was excited, praised the “33” Export brand for creating memorable moments with the friendship party.

    “As a hardworking person, who believes in the importance of friendship, the weekends are the best opportunities to connect. For us, the friendship party has become an event we look forward to because we spend time together relaxing and creating new memories, especially when there is always good music and comedy,” he said.

    Brand Manager “33” Export Lager Beer, Mfon Bassey, restated the brand’s commitment to promoting friendship by providing platforms for people to come together and have fun.

    “The success of the “33” Export Friendship Experience is built on the opportunity it provides friends to connect,” said Bassey. He added:“No matter where they are, the “33” Export Lager Beer will be found anywhere their friendship leads.”

  • Nigerian Breweries rewards journalists

    Nigerian Breweries rewards journalists

    Nigerian Breweries Plc, at the weekend, celebrated outstanding journalists at the Nigerian Breweries Golden Pen Awards in Lagos.

    The award was ninth in the series aimed at promoting professionalism and objective reportage of events in the country. It was also meant to reward journalists who abide by the ethics of the journalism profession.

    The night of glitz and glamour saw Isioma Madike of New Telegraph  emerging the NB Golden Pen Reporter of the Year. The first runner-up was Arukaino Umukoro of Punch, while Caleb Ojewale of BusinessDay clinched the second runner-up position.

    The Photo Journalist of the Year award went to Olatunji Obasa of Punch.  Suleiman Hussaini also of the New Telegraph was the first runner-up, while Toluwani Eniola of Punch was the second runner-up.

    Mojeed Alabi, a reporter with the New Telegraph, won the NB Report of the Year.

    All the winners got cash prizes and special NB Golden Pen Awards statuette. The top three winners also got high-end work tools.

    Nigerian Breweries Managing Director Mr. Johan Doyer noted that the choice of the theme for the award “Agriculture, local sourcing and industrial development” was to align with Nigeria’s push for economic recovery and growth.

    This, he said, is hinged on the expectation that the media, in its agenda-setting role, will exploit the Nigerian Breweries Golden Pen Awards to draw attention of stakeholders to the key sectors required to drive economic revival.

    The guest speaker on the occasion, Mr. Ray Ekpu, thanked Nigerian Breweries for the initiative and called for soul-searching by the media which he urged to bridge the gap between training and practice.

    Ekpu, a former Editor-in-Chief of the defunct Newswatch, and Chairman of May Five Publications, said before crude oil was discovered in commercial quantity in 1958, agriculture was the mainstay of the economy and produced food and prosperity for the nation.

  • Lafarge Africa, Nigerian Breweries drag equities to N19b loss

    Nigerian equities traded on a tight balance of bargain-hunting and profit-taking yesterday at the Nigerian Stock Exchange (NSE), but losses by two highly capitalised companies-Lafarge Africa and Nigerian Breweries, weighed down the overall market position.

    With 19 gainers and losers each, the market appeared to be on a momentary pause after the recent streak of rallies with investors looking up to third quarter earnings of companies to determine the next major move of the market. Many companies indicated yesterday that they have scheduled the board meeting to consider their third quarter earnings, usually the last process before the release of the earnings reports for non-financial companies.

    Lafarge Africa, Nigeria’s second largest cement company, which had indicated a rights issue, declined by N2.39 to close at N54.50. Nigerian Breweries- Nigeria’s second most capitalised quoted company, followed with a loss of N1.10 to close at N168.90.

    With these, the aggregate market value of all quoted companies dipped by N19 billion from its opening value of N12.678 trillion to close at N12.659 trillion. The All Share Index (ASI)-the main index that tracks share prices at the Exchange, dropped marginally by 0.15 per cent to close at 36,776.60 points as against its opening index of 36,831.93 points.  The average year-to-date return slipped marginally to 36.85 per cent.

    Total turnover however stood above average with the exchange of 353.19 million shares valued at N3.26 billion in 4,201 deals. The three most active stocks were Diamond Bank, with 215.76 million shares; Fidelity Bank, 15 million shares and FCMB Group, with 14.59 million shares.

    Other top losers were C & I Leasing, with a drop of 18 kobo to close at N1.74; FBN Holdings, which lost 6.0 kobo to close at N6.08 while Diamond Bank and Custodian and Allied declined by 5.0 kobo each to close at N1 and N3.60 respectively.

    On the upside, Flour Mills of Nigeria, which announced ongoing arrangements for a supplementary capital raising, led the contrarian stocks with a gain of N1.13 to close at N29. Cement Company of Northern Nigeria followed with a gain of 86 kobo to close at N9.32. PZ Cussons Nigeria rose by 50 kobo to close at N23.74. Cadbury Nigeria added 40 kobo to close at N10.40 while Northern Nigeria Flour Mills chalked up 27 kobo to close at N5.77 per share.

  • Ninth NB Golden Pen awards for Oct 6

    Ninth NB Golden Pen awards for Oct 6

    The ninth Nigerian Breweries Golden Pen Awards ahas been slated for for Friday, at Eko Hotel and Suites, Victoria Island, Lagos.

    More than 250 entries were received at the close of submission for this year’s award which focuses on published reports on Agriculture, Local Sourcing and Industrial Development in 2016.

    The Nigerian Breweries Golden Pen Reporter of the Year will be rewarded with a special statuette and N2, 000, 000. The First Runner Up in the same category will get a special statuette and N1, 000, 000 while the Second Runner Up will receive a special statuette and N750, 000.

    In the “Nigerian Breweries Golden Pen Photojournalist of the Year” Category, the winner will be honoured with a special statuette and N1, 000, 000, the First Runner Up will receive a special statuette and N750, 000 while the Second Runner Up will get N500, 000.

    For the “Nigerian Breweries Golden Pen Report of the Year”, the category reserved for reports on Nigerian Breweries and its brands throughout the preceding year, the winner will receive a special statuette and N1, 000, 000. The three top place winners will each also receive a high-end work tool as part of their prizes.

    Corporate Affairs Adviser Nigerian Breweries Plc, Kufre Ekanem, said the company chose Agriculture, Local Sourcing and Industrial Development, as the theme for this year’s edition to help direct attention towards the potential of the country to become self-reliant and prosperous.

  • Nigerian Breweries takes Friendship Party to Onitsha

    Nigerian Breweries takes Friendship Party to Onitsha

    Nigerian Breweries Plc, producer of “33” Export Lager Beer, has taken its Friendship Experience Party to Sweet Garden Hotel at Onitsha in Anambra State.

    The exercise was an opportunity for consumers to be treated to amazing music, fun and games.

    This followed similar parties organised by the brand in Lagos, Ibadan and Uyo, where consumers trooped out in large numbers to enjoy “33” Export while they were entertained by top disc jockeys (DJs) and comedians, including Bash, I-Go-Save, Shakara, Ajebo, DJ Kentalky and DJ Real.

    Portfolio Manager for Mainstream Lager and Stout at Nigerian Breweries Plc, Emmanuel Agu said “33” Export Lager Beer was focused on highlighting the time-tested values of friendship, hence its decision to create an atmosphere for which the values could be expressed.

    “Building on creating experiences, the brand is leveraging on the Friendship Experience Parties to engage with its customers and deepen its relationship with friends of the brand across the country,” he said.

    With auctions and other interesting activities, friends in Onitsha were rewarded with gifts, such as generators, refrigerators, standing fans, T-shirts, among others.

  • NSE market moves 373.49m shares worth N5.77bn

    A total of 373.49 million shares valued at N5.77 billion were traded in 4,193 deals on the Nigerian Stock Exchange (NSE) on Tuesday.

    These were against the 114.77 million shares worth N2.17 billion traded in 3,232 deals on Monday.

    The News Agency of Nigeria (NAN) reports that market capitalisation depreciated by N92 billion or 0.75 per cent to close at N12.200 trillion from N12.292 trillion recorded on Tuesday.

    The All-Share Index, which opened at 35,664.94 lost 267.42 basis points to close at 35,397.52.

    Nestle led the losers’ chart with a loss of N59.8 to close at N1150.2 per share.

    Nigerian Breweries followed, depreciating by N4.45 to close at N180.05, while Lafarge Wapco dropped N2.01 to close at N50.99 per share.

    FlourMill dipped by N1.45 to close at N27.55, while Dangote Cement depreciated by N1 to close at N209 per share.

    Conversely, Seplat topped the gainers’ table with N22.89 to close at N480.79 per share.

    It was trailed by Okomu Oil, which gained N2.99 to close at N62.89 per share.

    International Breweries gained N2.43 to close at N38, while Unilever appreciated by N2 to close at N42 and Stanbic IBTC rose by N1.95 to close at N41.2 per share.

    Diamond Bank was the toast of investors, trading 130.73 million shares worth N150.59 million.

    GTbank came second, trading 50.15 million shares worth N1.89 billion, while Zenith Bank sold 39.30 million shares valued at N900.70 million.

    FBNH traded 23.03 million shares worth N132.82 million, while Mayer sold 15.00 million valued at N10.5 million.

  • Nigerian Breweries holds parties for Aba consumers

    Nigerian Breweries holds parties for Aba consumers

    Nigerian Breweries Plc will hold the “33” Export Friendship Experience Parties today in Aba, Abia State.

    The event is expected to provide opportunity for consumers of the beer to bond and share moments during the holiday period.

    The party also provides platform for friends and lovers of the beer brand to connect and get unforgettable experience.

    Expected at the event are top DJs and comedians in the Nigerian entertainment industry such as DJ Real, DJ Kaywise, DJ Kentalky, MC Shakara, Ajebo, Omobaba and Comedian Bash.

    The brand has consistently treated consumers across the country during the weekends to the best of music, games, and comedy.

    Last Sunday, friends in Agege, Lagos witnessed as consumers and friends had memorable experiences with their friends while getting rewarded.

    “My first experience was at the party held in Festac in March and it was totally great,” said Abiodun Majekodunmi, a guest at the event.

    Continuing, he said: “Personally, It’s a wonderful concept that a brand is building on friendship to engage Nigerians, especially its consumers.

    “These events have become an interesting way for people like us to celebrate each other and relax.”

    The Portfolio Manager, Mainstream Lager and Stout, Nigerian Breweries, Emmanuel Agu, emphasised the brand’s reputation as the number one friendship beer evidenced by the testimonials and immense interests of the consumers in the friendship parties across Nigeria.

    Agu said: “The Friendship Experience parties are opportunities for us to directly engage and connect with our consumers.

    “The brand will continue to build on this exciting platform to allow our consumers create and experience great moments with their friends.”

     

  • Ariya repete 2017: Nigerian Breweries gives artistes N4.5million

    Onimama Fausiya and Leye Williams  have both emerged overall winners of the 2017 edition of Ariya Repete, the Yoruba cultural music talent hunt, at the grand finale held at Trans Amusement Park, Ibadan

    Fausiya a budding female Fuji musician from Ilorin, Kwara State clinched the overall prize of One Million Naira plus a recording deal in the Fuji category, Williams, a talented Juju artiste from Osun State clinched the same prize of One Million Naira with a recording deal in Juju category.

    An elated Fausiya, who is the first female artiste to clinch the Aare 1 of Fuji music under Ariya Repete platform, could not hide her excitement when announced the winner as she responded to the hearty cheers of the crowd who was astonished by her breathtaking performance.

    She said that her belief in herself due to the inspiration she got from her dad who is also a Fuji musician led her to choose music as both her passion and career.

    “I always watched my dad during rehearsals with his musical band while I was growing up, and it instilled the level of confidence and inspiration that has helped me in my own musical sojourn,” she said.

    “Words cannot express my feelings at the moment but I know that Ariya Repete has changed my life for the better. I will never forget this day,” she added.

    Williams, who was crowned the Aare 1 of Juju music that same night also made history by being the first Juju artiste to be crowned under the cultural music talent hunt platform.

    He expressed his heartfelt gratitude to Goldberg and Nigerian Breweries for making the cultural contest an expanded platform that also identifies with aspiring Juju artistes in Nigeria.

    “I have not seen any other cultural music contest like Ariya Repete in the Southwest. My story and victory is a testimony that Juju music is alive again and will be revived fully amongst the youths who aspire to promote our Juju musical heritage, courtesy of Goldberg,” he said.

    Azeez Ajani and Wasiu Onile-wura emerged first and second runners up in the Fuji category and carted away Seven Hundred and Fifty Thousand Naira and Five Hundred Thousand Naira respectively, while Adeniyi Temitope and Yomi Bright emerged first and second runners up in the Juju category and also went home with Seven Hundred and Fifty Thousand Naira and Five Hundred Thousand Naira each. Other contestants in both Fuji and Juju category who made it to the final this year received consolation prizes of One Hundred Thousand Naira each.

    Franco Maria Maggi, Marketing Director, Nigerian Breweries Plc congratulated the winners and implored them to be good ambassadors of the platform, which has brought them to limelight. “Congratulating you will not be enough, but I must enjoin you to be good ambassadors of this platform that seeks to discover and promote indigenous Yoruba music genres that has made you the newest Fuji and Juju superstars in Nigeria,” he said.

    He challenged the other contestants to keep alive their dreams saying that they are all winners and must remain good ambassadors that should represent their  musical passions in a positive light.

    Fuji legend, King Wasiu Ayinde Marshal (KWAM1) used the occasion to acknowledge the success of Ariya Repete in its maiden edition saying that Nigerian Breweries has proved her capability of growing an entire music industry in Nigeria.

    “To those of you that bring Fuji and Juju music back to reckoning, the industry thanks you. I hereby use Ariya Repete platform to commend Nigerian Breweries for their immense support to boost the industry that will preserve the cultural heritage of our people,” he affirmed.

    It was a night filled with spectacle and musical excitement as the contestants and legendary artistes kept the audience excited by their magical performances.

    Legendary Juju icon, King Sunny Ade, Pasuma Wonder, Taye Curre-ncy and pop star, Adekunle Gold all created an exhilarated euphoria that kept the crowd glued to their positions for over seven hours of undiluted entertainment that spiced up the night and lit up the city of Ibadan.

    With Ariya Repete,  Goldberg continues to bring to its consumers the best of Fuji and Juju music, two indigenous Yoruba music genres, aimed at promoting the culture of the people of South Western Nigeria, in line with the brand’s 3-point agenda of culture, respect and enjoyment.

  • Nigerian Breweries partners entrepreneurs

    Nigerian Breweries partners entrepreneurs

    Nigerian Breweries (NB) Plc  has deepened its partnership with indigneous entrepreneurs and farmers to harness the huge value chain from its backward integration policy, its Corporate Communications and Brand Public Relations Manager, Mr. Patrick Olowokere, has said.

    Speaking during a tour of Psaltry International Limited, one of Nigerian Breweries’ major raw material suppliers, in Alayide Village, Ado Awaiye near Iseyin in Oyo State, he said the company was consolidating its local sourcing of input for its operations.

    He said the company has fast-tracked its plan to attain 60 per cent local input sourcing  by 2018 as against the initial 2020 target.

    Olowokere said the strategy was to identify organisations that could produce raw materials and ancillary products as input for its business.These organisations, Olowokere explained, would be  provided with a market for their products.

    He said the value chain model has been experimented in packaging material, sorghum and cassava development models.

    Olowokere  said the company had increased the supply of sorghum used for some of its beverages as more than 100,000 metric tonnes of the cereal are sourced yearly.

    “Over 250,000 farmers spread across agronomic zones in the North have been impacted by our sorghum value chain programme as at 2013,” he said.

    The company’s brands are packaged using locally-sourced packaging materials, such as bottles, cans, crates, cartons, crown corks, and labels. As at last year, 99 per cent of these packaging materials were locally sourced, opening opportunities to indigeneous entrepreneurs.

    Similarly, the company has since 2015 been working with Psaltry International, a local cassava processing company, to optimise the cassava value chain by providing industrial quality cassava starch to extract maltose syrup for use in its brewing process.

    NB, according to Olowokere, would strengthened local ancillary businesses, particularly the  procurement of raw materials, such as starch input and identify Psaltry, as a supplier of high-quality cassava starch.

    He maintained that the initiative was part of the company’s corporate philosophy of “Winning with Nigeria” and in line with its backward integration.

    The Managing Director/Chief Executive Officer of the firm, Mrs. Oluyemisi Iranloye, said the company has created a supply chain of 5,000 farm families, which included more than 2,000 outgrower farm families, marketers, transporters and retail input suppliers.

    She added that the company has saved the nation more than $7 million in foreign exchange in the past two years through local provision of processed cassava starch for industrial use.

    The deal between the firms is also impacting socio-economic development of small scale farming communities in Nigeria. For instance, Chief Busari Amusa, Baale of Alayide, the host community of Psaltry International Limited, was full of gratitude for the new infrastructural transformation that had come to his community. “It is a dream come true. We have electricity, boreholes for water and the roads are also opening up for accessibility between our farms and the factory. My story has changed.”Today, and less than two years of this cassava business, I have a new house, a car and four of my children are in higher institutions of learning. This is unbelievable,” he revealed during the tour of the community,” he said.

  • NSE market capitalisation increases further by N76bn

    NSE market capitalisation increases further by N76bn

    The upward trend continued on the Nigerian Stock Exchange  (NSE) on Wednesday for the second consecutive day with the market capitalisation increasing by N76 billion.

    The News Agency of Nigeria  (NAN) reports that the market capitalisation which opened at N10.121 trillion, rose by N76 billion or 0.75 per cent, to close at N10.197 trillion.

    In the same vein, the All-Share Index inched 221.72 points or 0.76 per cent, to close at 29,498.31, compared with the 29,276.59 recorded on Tuesday due to price gains by some blue chips.

    An analysis of the price movement indicated that Dangote Cement led the gainers’ table with a gain of N7.90, to close at N175 per share.

    It was followed by Nestlé with a gain of N5.01 to close at N875.01 and Total  garnered N5 to close at N265 per share.

    Nigerian Breweries advanced by N3.50 to close at N149.50, while Unilever increased by N1.74, to close at N37.49 per share.

    On the other hand, Seplat topped the losers’ chart, dropping by N81.51 to close at N351.99 per share.

    7UP trailed with a loss of N4.98 to close at N94.77 and Guaranty Trust Bank shed N1.78 to close at N34.01 per share.

    Stanbic IBTC lost 75k to close at N26, while Zenith International Bank declined by 55k to close at N18.95 per share.

    NAN reports that the banking equities maintained leadership as the most sought after, with FBN Holdings recording the highest volume, trading 62.19 million shares worth N318.89 million.

    It was followed by Diamond Bank with an exchange of 41.86 million shares valued at N40.38 million and Fidelity Bank traded 38.78 million shares worth  N40.72 million.

    United Bank for Africa exchanged 34.95 million shares valued at N264.76 million, while Zenith International Bank sold 26.57 million shares worth N506.29 million.

    In all, the volume of shares traded dropped by 58.78 per cent, with a turnover of 343.19 million shares valued at N3.34 billion transacted in 4,905 deals.

    This was in contrast with the 832.52 million shares worth N7.59 billion transacted in 6,259 deals on Tuesday.