Coca Cola records ‘$4 billion’ loss after Cristiano Ronaldo’s gesture

Cristiano Ronaldo’s superstardom influence has made an economic impact on Coca Cola, which the famed drinks company will be groaning about.

Ronaldo made a gesture over Coca Cola during a Portugal press conference ahead of their Euro 2020 match against Hungary.

After taking his seat during a press conference, the Juventus superstar picked up the two bottles of Coca Cola which were laid out ready on the desk.

He passed the drinks along the desk and grabbed a bottle of water, subtly telling people at home which of the drinks was a healthy choice.

The 1.6% drop in share price meant a loss in $4billion dollars in terms of company worth.

The former Real Madrid star, 36, is a renowned fitness freak who maintains a strict healthy diet. He would go ahead to score two goal in the match against Hungary, a feat which has seen him become the all-time highest goal scorer in the EUROS with a total of 11 goals.

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• Editor

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• Editor

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• Editor

  2022 Budget Designed To Accelerate FG’s Ongoing Diversification Of Economy Budget- APC
• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  ELECTRICITY: Ogba, Magodo, Others, To Experience Eight-week Blackout From October 11
• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  Four Nigerians Bag 20-Year Jail Term In US
• Editor

  FG Set To Repair Roads Affected By Flood In Five States
• Editor

  Senate Passes Bills To Establish Teaching Hospitals in Ekiti and Nasarawa
• Editor

  Nigeria Customs Service To Deploy 520 Officers, 50 Border Patrols
• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  Nigeria Rises Above 200,000 Coronavirus Infections Since Feb. 2020 –NCDC
• Editor

  EFCC Plans Workshop to Eradicate Pension Fraud in Nigeria
• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  COVID-19: Nigeria Records 2 Deaths, 547 New Cases Saturday
• Editor

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• Editor

  Akwa Ibom Governor’s Aide Doles Out N5.5m Academic Grants to 55 Students
• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  OTOBO AT THE SEEDS CONFERENCE
• Editor

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• Editor

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• Editor

  FG Approves Repair of Damaged Lokoja-Kabba Road
• Editor

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• Editor

  LG Polls: Lalong Lauds Peaceful Conduct of APC Primaries
• Editor

  110km Circular Road Underway In Nigeria’s Ancient Ibadan City
• Editor

  NITDA Trains 178 Young Nigerians On Robotics, Emerging Technologies
• Editor

  FG Records N1.87trn Trade Deficit In Second Quarter 2021- NBS
• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  COVID-19: NCDC Records 8 More Deaths, 631 New Cases In 19 States, Fct
• Editor

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• Editor

  NAICOM Embraces Digitalization
• Editor

  How Nigeria’ll Become Maritime Hub For AfCFTA, Shippers’ Council
• Editor

  FG Approves New Salary Structure For NIMC Staff
• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  COAS Vows To Beef Up Security At NDA
• Editor

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• Editor

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• Editor

  Presidency Accuses Amnesty International of Supporting Terror Group In Nigeria
• Editor

  Dr Bashir Tasks Nigerian Tertiary Institutions On Prudent Spending
• Editor

  Buhari Charges New NSIA Board On Economic Diversification
• Editor

  Buhari Fires Two Ministers As He Reshuffles Cabinet
• Editor

  Real Estate Sector Records 3.85% Positive Growth In Q2, 2021
• Editor

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• Editor

  MOGHALU: Low Education Budget Dangerous For Nigeria’s Economy
• Editor

  CBN Directs Banks To Publish Names, BVN Of Forex Defaulters
• Editor

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• Editor

  FG To Present 2022 Budget In October
• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  Nigeria’s Economy Will Be Reviewed Upwards If GDP Growth Is Sustained – LCCI
• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  Moghalu To Speak At Prime Business Africa’s Second Socio-Economic and Entrepreneurship Development Series
• Editor

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• Editor

  FG Approves N292.6bn For Public Higher Institutions
• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  Nigeria’s Economy To Grow By 2.6% In Second Quarter
• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  Bandits Free 15 Kidnapped Kaduna Students
• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  NIRSAL Microfinance Bank Debunks Shutting Out 100,000 Loan Applicants In Anambra
• Editor

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• Editor

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• Editor

  Pilgrims Commission Seeks Partnership Between Nigeria And Jordanian On Technology
• Editor

  Insurers Pay N5.4bn #EndSARS Claims
• Editor

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• Editor

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• Editor

  UN Affiliate Plans $3.5bn Developmental Projects In Bayelsa
• Editor

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• Editor

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• Editor

  PenCom Evaluates Pension Fund Investment In FG Securities
• Editor

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• Editor

  Petroleum Industry Act Designed To Enslave Niger Deltans – PANDEF
• Editor

  Delay In PIB Passage Cost Nigeria $50bn In 10 Years – Buhari
• Editor

  Osinbajo Lauds AFREXIM’s Developmental Strides In Nigeria
• Editor

  Court Grants CBN Order To Freeze Accounts Of Risevest, Bamboo, Others
• Editor

  Buhari Approves Committee To Implement Petroleum Industry Act
• Editor

  NOA Boss Urges Nigerians To Take Advantage of Health Insurance Scheme
• Editor

  Forex: NCRIB Urges Airlines To Use Local Insurance Firms
• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  Labour Laments Naira Fall, Seeks Special Forex Allocation To Manufacturers
• Editor

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• Editor

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• Editor

  Three Insurance Firms Gain N64.96bn From Gross Written Premium
• Editor

  SEC, NAICOM To Derisk Commodity Assets
• Editor

  NIN: NIMC Shuts Down Lagos Office After Worker Contracted COVID-19
• Editor

  FG’s Housing Projects In Ondo State To Be Completed Soon- MBCC
• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  Total Pension Assets To Hit N20trn By 2023
• Editor

  Stakeholders Calls For Diversification In Real Estate Industry
• Editor

  Lagos To Digitise Housing Delivery Process
• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  Infrastructure Deficit Hinders Industrialisation In Africa – AfDB
• Editor

  Commercial Banks Record Over 300,000 Unresolved Complaints
• Editor

  Bank Of Ghana, German Firm Partner To Create Digital Currency
• Editor

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• Editor

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• Editor

  Inflation Will Drop To Single Digit By 2022 – CBN
• Editor

  Agric Investors To Get Plant Variety Protection Rights
• Editor

  Unclaimed Dividends Rise To N170bn
• Editor

  FG Rejects Governors Proposal To Increase Fuel Price
• Editor

  Three Arrested For Copyright Infringement in Abuja
• Editor

  HOMEF Drags FG To Court Over Plant Variety Protection Law
• Editor

  Crypto Investment Rises By 100% In 2021
• Editor

  FG’s New Vehicle Number Plate Policy Raises Rates By 50%
• Editor

  Police Arrest Suspected Bank Hacker, BDC Operators Over N1.868bn Scam
• Editor

  Health: Stakeholders Demand Federal, State Government Collaboration
• Editor

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• Editor

  Kidnapped Niger State Commissioner Regains Freedom
• Editor

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• Editor

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• Editor

  Rwanda Reaches Tax Transparency Milestone, Signs OECD Deal
• Editor

  HURIWA Condemns Reports Of High COVID-19 Cases In NYSC Camps
• Editor

  Nigeria Needs $400bn To Achieve Energy Access – FG
• Editor

  Tizeti Expands To 10 Nigerian Cities
• Editor

  AfDB’s Digital Skills Programme Records 130, 000 Users
• Editor

  Stakeholders Call For Healthcare System Reform
• Editor

  Heirs Insurance Upgrades Website
• Editor

  Edo Generates N3bn From Land Registration
• Editor

  Anambra 2021: Soludo Hopeful As Appeal Court Nullifies Sack Of Oye-led APGA Faction
• Editor

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• Editor

  Oyo Remains Committed To World Bank-backed Project – Makinde
• Editor

  Crypto Heist: Hackers Return $400m To Poly Network
• Editor

  NCC Exceeds 2021 Revenue Target By 400%
• Editor

  FG Set To Lift Ban On Twitter
• Editor

  Hackers Steal $600m Crypto In Daring Heist
• Editor

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• Editor

  PHOTO STORY
• Editor

  Leadway Unveils New Motor Insurance Policy
• Editor

  Nigeria Tops Five African Countries With Loot In US Real Estate
• Editor

  World Bank lists Nigeria, Others As High Debt Risk Nations
• Editor

  Nigeria has potential to become top investment destination – Muda Yusuf
• Editor

  Africa Faces Heightened Impact Of Climate Change – Bassey
• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  Global food prices fall for the first time in 12 months – FAO
• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  Nigerian Exchange Group delists GTBank Plc, lists shares of GTHoldco
• Editor

  Stock Market: LinkAssure, Ikeja Hotel consolidate gains on NGX chart
• Editor

  Nigerian lawmakers pass N330 billion budget for capital territory
• Editor

  Ikeja Hotel, FIDSON top gainers chart on NGX
• Editor

  South Africa’s former president Zuma sentenced 15 months jail term
• Editor

  Don’t lose hope in your country, Amina Mohammed charges young Nigerians
• Editor

  Governor begs for extension, as insecurity disrupts EU projects in Nigeria’s Northeast
• Editor

  Edo government boosts education sector with ‘EdoBEST’
• Editor

  Otiono, Osadolor to play key roles in Jacksonites’ inaugural professional development meet
• Editor

  Nigeria becomes Number Three in Urea Capacity Addition
• Editor

  New investment solutions for priority clients at Stanchart
• Editor

  Nigeria Elected Vice Chairman Of African Postal Union’s 10th Session
• Editor

  Oyo plugs revenue leakages, gains N15bn in two years
• Editor

  Practitioners fault Government’s plan to regulate the Media
• Editor

  Africa loses $1bn yearly to medical tourism – Adesina
• Editor

  Reps invite Amaechi, NPA over N166.9bn ‘missing’ revenue
• Editor

  Rainy season: NCAA caution pilots over hazardous weather
• Editor

  Rising Food Prices: Unending burden on poor Nigerians
• Editor

  Lagos lawmaker explains approval of Sanwo-Olu’s N85bn bond request
• Editor

  Nigeria to lose 77.1M treatment of NTDs if the UK aid cuts are not reversed
• Editor

  COVID-19: African economies now more vulnerable to debt traps
• Editor

  Africa’s Debt Burden: Media need to play watchdog role – Mbamalu
• Editor

  USTDA, InfraCredit partner on infrastructure project funding in Nigeria
• Editor

  Stop borrowing to fund recurrent expenditure, experts tell FG
• Editor

  United States – China in Africa: Democracy versus Development?
• Editor

  AfCFTA foisting single market on a disconnected region
• Editor

  LASTMA’s Negative Image In Lagos Can Be Fixed – Ex General Manager
• Editor

  The Guardian’s ex-Editor, Jahman Anikulapo, Appointed Director, Editorial Board Member At Prime Business
• Editor

  NCC inaugurates committee on spectrum auction for 5G deployment
• Editor

  No award can bring me satisfaction – Femi Kuti
• Editor

  JAMB delists 25 CBT centres hours after commencement of examination
• Editor

  Prof. Pat Utomi appointed Editorial Board Chairman of Prime Business
• Editor

  95% of UTME candidates met NIN requirement, says JAMB
• Editor

  Unemployment to plunge more Nigerians into poverty – NESG
• Editor

  Newstide appoints Ambassador Ejeviome Otobo Board Director
• Editor

  AMA founder Eloine Barry emerges deputy Editorial Board chair of Prime Business
• Editor

  IMF frowns at return of fuel subsidies in Nigeria
• Editor

  Nigeria’s first female professor of Journalism, Okunna, joins Newstide Board as Deputy Chair
• Editor

  Davido appointed brand ambassador for Maison Martell
• Editor

  MTN notifies customers of potential service disruption
• Editor

  Nigeria borrowed N1.3tn in four years to subsidise electricity – World Bank
• Editor

  Dr. Bongo Adi appointed Newstide Publications Board Chairman
• Editor

  Amazon makes COVID-19 test available to the public
• Editor

  CBN has the capacity to print Gambia’s currency – Emefiele
• Editor

  Why delayed EURO 2020 Championship excite business owners
• Editor

  PDP governors lament Buhari’s excessive borrowing
• Editor

  Twitter ban: ECOWAS court serves Buhari hearing notice
• Editor

  Bauchi governor, Bala Mohammed, appoints Ibrahim Kashim new SSG
• Editor

  EFCC: 90% of money laundering is through real estate sector
• Editor

  Dangote to generate $400m export from urea fertilizer production
• Editor

  Gunmen attack Kuru community in Plateau state, kill 12, injure 5
• Editor

  PRESS STATEMENT: Army denies killing of soldier in Abia community
• Editor

  Supporters, opportunists, spoils, and the irony of June 12