NSA: There are plots to use naira scarcity to create civil unrest during polls
Babagana Monguno, national security adviser (NSA), says there are plots to use the naira scarcity to cause civil unrest during the general election. Monguno, who was represented by Sanusi Galadima, a deputy director, spoke on Tuesday during a meeting of the inter-agency consultative committee on election security (ICCES). He commended the Independent […]
Ban on port touts, 48-hour visa approval… highlights of business facilitation act
President Muhammadu Buhari recently signed the business facilitation (miscellaneous provision) bill 2022, also known as the omnibus bill, into law. Now the business facilitation act 2023, the document is a legislative intervention by the Presidential Enabling Business Environment Council (PEBEC), which amends 21 business-related laws. The amendment of the relevant laws is […]
‘Raise taxes, tackle exchange rates’ — UK envoy shares agenda for Nigeria’s next president
Catriona Laing, British high commissioner to Nigeria, says Nigeria’s next president should increase taxes and address the issue of multiple exchange rates. In October 2022, the International Monetary Fund (IMF) had asked the Nigerian government to improve on efforts to address revenue mobilisation. “Another aspect, I would say, Nigeria’s case was where […]
Datti: Same reason Tinubu couldn’t be Buhari’s VP is why he’ll lose presidential poll
Datti Baba-Ahmed, vice-presidential candidate of the Labour Party (LP), says Bola Tinubu, presidential candidate of the All Progressives Congress (APC), will lose on Saturday. The presidential election is billed to take place across the country on February 25. Tinubu is one of the frontrunners in the race alongside Atiku Abubakar of the […]
Newspaper Headlines: INEC gets cash for polls as s’court resumes hearing on naira policy today
Reports on the naira redesign policy and campaign by presidential candidates ahead of the Saturday election dominated the cover pages of Nigerian newspapers. Source: Top Stories
Naira scarcity: LASU official slumps, dies on bank queue
Johnson Adesola, an employee of the Lagos State University (LASU), has died while waiting on a queue to withdraw money at a bank on the institution’s main campus in Ojo. TheCable understands that Adesola, identified as an official of the varsity’s bursary department, left his office for a branch of Wema Bank within […]
Muslims to mark first day of Sha’aban on Feb 22 — same day as Christians’ Ash Wednesday
Muhammadu Abubakar, the Sultan of Sokoto and president-general of the Nigeria Supreme Council for Islamic Affairs (NSCIA), has declared Wednesday as the first day of Sha’aban 1444AH. Yahaya Boyi, secretary of the moon sighting committee, announced the development in a statement on Tuesday. “Assalamu Alaikum. The Sultanate Council Sokoto has declared tomorrow […]
Appeal court affirms Umo Eno as Akwa Ibom PDP guber candidate
The court of appeal in Abuja has affirmed Umo Eno as the authentic governorship candidate of the Peoples Democratic Party (PDP) in Akwa Ibom. In a judgment delivered on Tuesday, Hamma Barka, who led the appeal panel, sacked Michael Enyong, a member of the house of representatives who was previously named as the […]
I’ll work hard for Nigeria as you worked for me, Tinubu tells Buhari at APC rally finale
Bola Tinubu, the presidential candidate of the All Progressives Congress (APC), says he will “work hard” for the country if elected. Speaking on Tuesday at the grand finale of the APC presidential campaign at the Teslim Balogun stadium in Surulere area of Lagos state, Tinubu commended President Muhammadu Buhari for his efforts to […]
CBN vows to fish out purveyors of ‘fake’ statement on old N500, N1,000 notes
The Central Bank of Nigeria (CBN) says it is working with law enforcement agencies to arrest and prosecute the purveyors of a “fake” statement on the validity of the old N500 and N1,000 notes. The apex bank issued the threat in a statement jointly signed by Edward Adamu, deputy governor, corporate services, and […]