Vanguard Group overtakes Elon Musk as Twitter’s largest shareholder amid $43bn takeover bid
Elon Musk, the billionaire founder of Tesla Inc, is no longer the largest shareholder of Twitter. Musk currently owns a 9.2 per cent stake in the company. But Vanguard Group, an American registered investment advisor, now owns 82.4 million shares of Twitter, which means 10.3 per cent of the company — making it Twitter’s […]
Four abducted female students of Zamfara college freed — after 24 hours in captivity
Four abducted students of College of Health Science and Technology in Tsafe area of Zamfara state have regained their freedom. TheCable had reported how bandits abducted five female students of the college, when they invaded a private hostel situated outside the school campus, on Wednesday. One of the victims escaped from the bandits […]
Buhari pardons Dariye, Nyame — the two ex-governors jailed for fraud
President Muhammadu Buhari has granted pardon to Joshua Dariye, former governor of Plateau state, and Jolly Nyame, former governor of Taraba state. At a council of state meeting presided over by the president at the presidential villa in Abuja on Thursday, the former governors were among 159 inmates pardoned. They were granted […]
From May, passengers have to present NIN before boarding trains
The Nigerian Railway Corporation (NRC) says passengers will be required to provide their National Identity Number (NIN) before boarding trains for improved profiling from May. Fidet Okhiria, managing director of the NRC, said this in a statement on Thursday, adding that the NIN would be required to improve passenger profile. Okhiria advised […]
Nigeria to benefit as IMF approves $45bn fund for low and middle-income countries
The International Monetary Fund (IMF) has approved a $45 billion trust fund to help low and vulnerable middle-income countries build resilience and sustainability. Nigeria is among lower-middle-income countries with gross national income (GNI) per capita at $2,157 in 2019, according to the World Bank collection of development indicators. According to IMF, the […]
Newspaper Headlines: We’ve buried 106 people from recent Plateau attacks, says LG chairman
The approval of N4 trillion for petrol subsidy by the national assembly dominated the cover pages of Nigerian newspapers. Source: Top Stories
2023: Obaseki missing as Wike meets PDP stakeholders in Edo
Nyesom Wike, governor of Rivers, on Thursday, paid a visit to Edo state to “consult” with stakeholders of the Peoples Democratic Party (PDP) on his presidential bid. However, unlike in Benue where Samuel Ortom, the governor, was present when Wike announced his presidential bid, Godwin Obaseki, governor of Edo, was absent at the […]
Attack helicopters, warfare systems… US approves $997m military arms sale to Nigeria
The United States has approved the sale of military equipment worth an estimated $997 million to Nigeria. According to a statement issued on Thursday by the US department of defence, the weapons include 12 attack helicopters, 2,000 advanced precision kill weapon system guidance sections, and night vision imaging system. The approval comes […]
Bankers’ committee: CBN has ordered payment of N3.5bn rebate to exporters in RT200 programme
Nneka Onyeali-Okpe, managing director of Fidelity Bank, says the Central Bank of Nigeria (CBN) has asked for the immediate release of N3.5 billion rebate to 150 exporters who participated in the Race To $200 billion initiative. Onyeali-Okpe spoke during a virtual press briefing on Thursday at the end of the bankers’ committee’s meeting. […]