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TheCable

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Two half-empty cans of sprite land Coca-Cola, NBC in court

    Two half-empty cans of sprite land Coca-Cola, NBC in court

The federal government has filed a suit against the Nigerian Bottling Company (NBC) Limited and Coca-Cola Nigeria Limited and their chief executives before a federal high court in Abuja for criminal

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[market review] Indications weaker Euro might be helping data

    [market review] Indications weaker Euro might be helping data

EURUSD: Is Germany on the cusp of recession? Speculation surrounding the possibility of the European Central Bank (ECB) considering extending its asset purchase program in early 2015 encouraged investors to

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Okonjo-Iweala: Painful measures to follow drop in oil prices

    Okonjo-Iweala: Painful measures to follow drop in oil prices

Ngozi Okonjo-Iweala, the coordinating minister for the economy and minister of finance, has warned that a sustained drop in the price of crude oil will force the federal government to

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FCMB gets $300m to finance SMEs, boost financial inclusion

    FCMB gets $300m to finance SMEs, boost financial inclusion

First City Monument Bank (FCMB) Limited has successfully secured over $300 million medium and long-term funding which will be used to finance small and medium scale enterprises (SMEs) and other

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Diamond Bank CEO resigns for Abia gov election

    Diamond Bank CEO resigns for Abia gov election

Alex Otti, the group managing director and chief executive officer of Diamond Bank plc, has resigned in order to contest for

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Reps oppose N50bn CBN bailout for distressed banks

    Reps oppose N50bn CBN bailout for distressed banks

The federal house of representatives on Thursday stopped an amendment act of the Asset Management Corporation of Nigeria (AMCON) proposing a

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Reduced expenditure ‘solution to falling oil prices’

    Reduced expenditure ‘solution to falling oil prices’

The federal government needs to reduce its recurrent expenditure and cut wastages to be able to cope with the revenue decline

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Dwindling allocations worrisome, say APC govs

    Dwindling allocations worrisome, say APC govs

Governors of the All Progressives Congress (APC) on Wednesday expressed concern over dwindling revenue from the federation account. Rochas Okorocha,

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French phone, Wiko, launches in Nigeria

    French phone, Wiko, launches in Nigeria

French phone, Wiko, made its entry to the Nigerian market on Wednesday with the launch of the brand in Lagos

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Wiko offers ‘style and affordability’ with Rainbow

    Wiko offers ‘style and affordability’ with Rainbow

In line with its lower-end predecessors, Bloom, Lenny, Sunset, Fizz and Goa, Wiko’s relatively new offering, ‘RAINBOW’ is just as

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