‘Arrant nonsense’ — APC replies Atiku’s accusation of judicial intimidation
The All Progressives Congress (APC) says Atiku Abubakar is trying to “deflect the shame of a highly probable defeat” in the presidential electoral tribunal by making “mischievous allegations”. In a statement on Saturday signed by Felix Morka, APC spokesperson, the ruling party responded to Abubakar’s accusation of judicial intimidation to swing the court […]
Tribunal declares Agropartnerships, Farmforte operations illegal, orders refund of investors’ funds
The investments and securities tribunal sitting in Abuja has ruled that the operations of Agropartnerships, an agritech crowdfunding platform, are illegal in Nigeria. The court also ordered that the bank accounts of Agropartnerships, Farmforte, Osazuwa Osayi, and Osayimwense Uyi — “used for unlawful capital market operation” — should be frozen. The five-member […]
Atiku: APC intimidating judiciary to steal mandate of Nigerians
Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), has accused the ruling All Progressives Congress (APC) of trying to compromise the judiciary. The Independent National Electoral Commission (INEC) declared Bola Tinubu, candidate of the APC, as the winner of the presidential election. Tinubu secured 8,794,726 votes to defeat Atiku who […]
$418m Paris Club refund: Court restraints consultants from transacting with promissory notes
A federal high court in Abuja has restrained Ned Nwoko from transacting with promissory notes issues with respect to the Paris Club refund. Nwoko is one of the beneficiaries of the controversial payment of $418 million to consultants — a contentious issue between the three tiers of government. While the senator representing […]
Troops, DSS raid ‘IPOB/ESN hideout’ in Delta forest
Troops of the Nigerian Army (NA) attached to the 6 Division have raided a suspected hideout of the Eastern Security Network (ESN) in Delta state. The troops were said to have arrested one fighter during the raid. The ESN is a paramilitary organisation of the proscribed Indigenous People of Biafra (IPOB). […]
Emefiele to be arraigned Tuesday over ‘illegal possession of firearms’
A federal high court in Lagos has fixed July 25 for the arraignment of Godwin Emefiele, suspended governor of the Central Bank of Nigeria (CBN). TheCable understands that hearing notices have been sent out by the court to counsels involved in the matter. Joseph Daudu, a senior advocate of Nigeria (SAN), will […]
Tinubu: Obi/LP petition is fiction — they abandoned it in final written address
Wole Olanipekun, counsel to President Bola Tinubu and Vice-President Kashim Shettima, has responded to the final written address filed by the counsels of Peter Obi and the Labour Party (LP). Obi, the standard bearer of the LP, is challenging the victory of Tinubu in the February 25 presidential poll. Olanipekun, in a […]
Obi to tribunal: Though not convicted, Tinubu ineligible to be president over $460k forfeiture
Peter Obi, standard bearer of the Labour Party (LP), has asked the presidential election petition tribunal to void the election of President Bola Tinubu. Obi and his party had filed a joint petition in March challenging the outcome of the February 25 poll and asked the court to nullify Tinubu’s victory. In […]
‘Change is inevitable’ — APC says no crisis despite ouster of Adamu, Omisore
The All Progressives Congress (APC) has dismissed reports of an internal crisis while commenting on recent developments in the party. The resignation of Abdullahi Adamu as national chairman and Iyiola Omisore as national secretary had fuelled reports of upheaval within the party. TheCable had reported how the failure of Adamu to account […]
Abdullahi Sule: N8000 palliative is a lot of money to many poor families
Abdullahi Sule, governor of Nasarawa state, says N8000 is “a lot” to many households in the country. The governor spoke in an interview with Channels TV on Friday. Last week, President Bola Tinubu asked the national assembly to approve an $800 million loan to alleviate the hardship induced by the removal of […]