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TheCable

Business

itel picks new brand slogan, ‘Enjoy Better Life’, unveils S16 series

    itel picks new brand slogan, ‘Enjoy Better Life’, unveils S16 series

itel Mobile, the foremost customer-centric brand has today presented her new brand direction and slogan, Enjoy Better Life at a grand virtual launch event in Lagos. The event also heralded

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States’ IGR drops by 11.7% in H1 2020

    States’ IGR drops by 11.7% in H1 2020

The internally generated revenue (IGR) of Nigeria’s 36 states and the federal capital territory dropped by 11.7 percent in the first half of the year. This is according to the

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COVID-19: IMF extends debt relief for 28 low-income countries by six months

    COVID-19: IMF extends debt relief for 28 low-income countries by six months

The executive board of the International Monetary Fund (IMF) has approved a six-month extension of the debt service relief granted to 28 low-income countries. This follows a six-month debt relief

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Nigerians now taking loans to buy food as 68% of households suffer food insecurity

    Nigerians now taking loans to buy food as 68% of households suffer food insecurity

The National Bureau of Statistics (NBS) says 68 percent of Nigerian households experienced moderate or severe food insecurity in August as a result of the COVID-19 pandemic. According to the

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Nigeria’s foreign borrowings surge by over 400% in 10 years

    Nigeria’s foreign borrowings surge by over 400% in 10 years

Nigeria’s foreign borrowing in the past 10 years has ballooned more than five-folds, an analysis by TheCable has shown. Nigeria,

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Report: EU votes Okonjo-Iweala, South Korean opponent for WTO shortlist

    Report: EU votes Okonjo-Iweala, South Korean opponent for WTO shortlist

Representatives of countries in the European Union have agreed to support Ngozi Okonjo-Iweala, Nigeria’s candidate for the World Trade Organisation

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Half of electricity generated in August unutilised as GenCos lose N222bn

    Half of electricity generated in August unutilised as GenCos lose N222bn

Half of the electricity produced by electricity generation companies (GenCos) in August did not get to consumers. According to a

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FG clears confusion over roles of BPE, ICRC in PPPs

    FG clears confusion over roles of BPE, ICRC in PPPs

The federal government has clarified the responsibilities of the Infrastructure Concession Regulatory Commission (ICRC) and Bureau of Public Enterprises (BPE)

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‘FG’s ability to support is limited’ — Fitch revises BOI’s rating to stable

    ‘FG’s ability to support is limited’ — Fitch revises BOI’s rating to stable

Fitch has revised Bank of Industry’s (BOI) outlook to stable from negative and affirmed the bank’s long-term issuer default rating

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