Daily Archives: September 27, 2016

IFC to invest $25m (N8bn) in Promasidor to modernize plant

Promasidor Nigeria Limited, makers of Cowbell milk, Onga seasoning, Loya milk and Top tea has finalized arrangements with the International Finance Corporation (IFC), a member of the World Bank Group, to obtain a $25m loan (over N8bn) which would be used to expand production and improve efficiency at the company’s Lagos plant.

Nutricima relaunches Olympic Milk

Nutricima Limited, the beverage unit of PZ Cussons Nigeria Plc has re-launched its premium nutritional milk, Olympic, as part of its effort to get Nigerians to take on a more active lifestyle.

As part of the re-launch, the brand will unveil its new look in the coming months in addition to a new nutrition proposition, ‘Active for Longer’ while still retaining its promise of quality nutrition and low cholesterol content.