Daily Archives: April 12, 2019

Hollandia Yoghurt touts its other uses

Hollandia Yoghurt, a brand from the stable of CHI Limited, Nigeria’s market leader in fruit juices and yoghurt drinks, said it is seeing an increased use of yoghurt, either consumed directly or as a taste-enhancing mixer.

Explaining further, the brand said that Hollandia Yoghurt Mixology has become a centrepiece for consumers who are increasingly embracing yoghurt and drink-mixing culture as their taste evolve.

It stated that since its launch in 2016, consumers have commended Hollandia Yoghurt Mixology for its novel taste, smooth texture and its versatility to be used as a mixture with variety of beverages.

Nigerian Breweries seeks N15bn short-term funding through Commercial Paper Programme

Nigerian Breweries Plc on Thursday announced the issuance of a N15bn Commercial Paper (CP), part of the company’s N100 billion commercial paper programme to support its short-term funding.

The company is offering 90-day and 182-day Commercial papers to investors with a view to raising short-term funds for its operations. The 90-day CPs carry effective and discount yields of 11.590 per cent and 11.2680 per cent respectively while the 182-day CPs carry 14.430 per cent and 13.4614 per cent respectively.