Oil prices fall below $100 a barrel amid lockdowns in China
Oil prices, on Monday, plunged 4 per cent amid concerns that the pandemic will cut demand in China. Brent crude futures fell 4 5 per cent to $98.16 a barrel by 19:53 GMT +1, while U.S. West Texas Intermediate (WTI) crude dropped correspondingly over 4 per cent to $94.51. Some cities in […]
Zainab Ahmed: FG has recovered N53bn out of N5.2trn debt from MDAs
Zainab Ahmed, minister of finance, budget, and national planning, says the federal government has recovered N53.5 billion out of N5.2 trillion owed by its ministries, departments, and agencies (MDAs). Ahmed disclosed this on Monday at the formal launch of Project Lighthouse Debt Analytics and Reporting Platform in Abuja. She said the project […]
Can Abba Moro’s pay-per-view TV plan work in Nigeria?
In March 2022, pay TV giant, Multichoice, increased the prices of its DStv and Gotv bouquets as a result of inflation and consequent increased cost of business operation in the country. Responding to Multichoice’s move, Abba Moro, senator representing Benue South senatorial district, asked that the prices be reviewed downwards and a pay-per-view model […]
Court fines Zenith Bank N500,000 in landmark judgment over spam messaging
A high court in Ogun state has ordered Zenith Bank Plc to pay N500,000 as damages for sending spam messages to one Omotola Fathiat Quadri. Quadri had, in the suit marked HCT/605/2021, sued Zenith bank for infringing on her fundamental rights to privacy as guaranteed under section 37 of the constitution. She […]
‘I want to complete what I started’ — Bindow, Adamawa ex-governor, declares return bid
Jibrilla Bindow, former governor of Adamawa, has declared his interest to run for a second term in office on the platform of the All Progressives Congress (APC). Bindow was governor of Adamawa between 2015 and 2019 before losing to Ahmadu Fintiri of the Peoples Democratic Party (PDP). Speaking with journalists in Yola, […]
INSIDE STORY: ‘He used to lock her out’ — neighbours speak on Osinachi’s marital woes
On April 8, Osinachi Nwachukwu, the gospel singer known for her collaborative hit track ‘Ekwueme’, died at an Abuja hospital where she was being treated for an ailment. Since her demise, there have been allegations that the singer was a victim of domestic violence. Osinachi’s husband, accused of being physically abusive, has […]
I have no son grown enough to declare, says Tinubu on Osinbajo’s presidential bid
Bola Tinubu, presidential hopeful, says he has no son grown enough to declare for the 2023 presidential election. The comment came a few hours after Vice-President Yemi Osinbajo joined the presidential race. Since 1999, Tinubu and Osinbajo have enjoyed a cordial political relationship. The latter served as the attorney-general of Lagos from […]
Many feared dead as fire guts jetty in Rivers
Many people are feared dead following a fire outbreak at the Nembe/Bille Jetty in Port Harcourt, Rivers state capital. TheCable understands that the fire outbreak occurred on Monday morning. Some wooden and fibre boats at the jetty were reportedly destroyed in the inferno. Although there is no official confirmation yet on […]
Tinubu meets 12 APC governors — after Osinbajo met with 10 over his presidential bid
Bola Tinubu, APC presidential hopeful, met with 12 governors elected on the platform of the party in Abuja on Monday. TheCable learnt Vice-President Yemi Osinbajo had met with 10 APC governors on Sunday night. Osinbajo announced his intention to run for president in 2023 to the governors at the meeting. On Monday […]
FULL TEXT: Osinbajo declares for president
Vice-President Yemi Osinbajo declared his intention to run for president in 2023 on Monday. Here is the full text of his speech. In the past seven years, I have served as Vice President under a true Nigerian patriot, a servant of the nation in war and peace, and a man of integrity, President […]