Latest Insights

Coca-Cola Co's Nigerian ambitions - Comment 9 Feb 2016

This month, Ray Rowlands sets his sights on the recently-announced Nigerian venture between The Coca-Cola Co and the Tropical General Investments (TGI) Group.

just the Facts - Heineken's Nigerian breweries 5 Dec 2014

Earlier today, Heineken confirmed that a plan to merge two of its Nigerian units - Nigerian Breweries and Consolidated Breweries - remains on tracks. Minority shareholders in both firms have voted in favour of the deal.

Heineken eyes 'flexibility' with Nigeria merger 12 May 2014

We'd almost packed up for the week on Friday when Heineken announced plans to merge the two Nigerian breweries in which it has majority stakes.

Nigeria still the apple of Heineken's Africa eye 25 Apr 2014

Nigeria proved a welcome ray of light for Heineken in its first-quarter results yesterday (24 April).

Latest News

AB InBev to merge Nigerian operations 7 Jun 2017

Anheuser-Busch InBev has proposed a merger of the three Nigerian beer companies in which it holds majority control.

"We need more capacity in Nigeria" - AB InBev CEO 8 May 2017

Anheuser-Busch Inbev is investigating increasing capacity in Nigeria, according to the brewer's CEO, as it strives to keep up with demand in the country. 

Coca-Cola backs brands amid Nigerian legal row 29 Mar 2017

The Coca-Cola Co has defended Fanta and Sprite after a judge in Nigeria ruled the brands were potentially poisonous.

Naira devaluation sinks Nigerian Breweries YTD 28 Oct 2016

A doubling of finance costs linked to the devaluation of the Naira has dragged down nine-month profits for Heineken-controlled Nigerian Breweries.

Guinness Nigeria books FY losses as FX bites 21 Sep 2016

Diageo-controlled Guinness Nigeria has reported a loss for its most recent fiscal year as macro-economic headwinds continue to hamper performance.

Suntory to pay US$68.8m for Lucozade, Ribena 5 Jul 2016

Suntory will pay about JPY7bn (US$68.8m) for GlaxoSmithKline's remaining Lucozade and Ribena assets in Nigeria.

Nigeria to float naira next week 16 Jun 2016

The drinks industry appears to be holding its breath as the Central Bank of Nigeria plans to float the Naira currency from 20 June.

Suntory to make Lucozade Ribena buy in Nigeria 3 Jun 2016

GlaxoSmithKline Nigeria's board of directors has accepted Suntory's offer to buy the remaining Lucozade Ribena business in the country. 

Coca-Cola HBC readies Monster launch in Nigeria 16 May 2016

Coca-Cola HBC has said it will launch the Monster energy brand in Nigeria during the second half of the year. 

Guinness Nigeria sees YTD sales, profits tumble 26 Apr 2016

Diageo-controlled Guinness Nigeria has reported a slump in year-to-date sales and profits as the country's economy continues to slow.