Non – Alcoholic Beverages
GSK Nigeria sells Lucozade, Ribena to Japanese firm
Pepsi to cut down sugar from its drinks
Dansa Foods lays-offs staff, suspends juice production
GlaxoSmithKline Nigeria has concluded the sale of its two flagship brands, Lucozade and Ribena, to a Japanese beverage firm, Suntory.
This was disclosed by Suntory Nigeria at a press briefing in Lagos Read more...…
PepsiCo said the change was driven by shifting consumer needs and new dietary guidelines from the World Health Organization. Many customers have tapered their intake of high-sugar, high-calorie soft drinks from Pepsi and Coca-Cola due to worries about sugar consumption. Read more...…
Dansa Foods, a unit of Dangote Industries Plc, one of Nigeria’ s largest conglomerates and private employer is reported to have sacked half of its workforce amid dwindling sales, tight liquidity and high cost of production attributed to the high foreign
exchange costs in the country. Read more …
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