General

Biodun Ajiboye, assistant director of media and publicity for the All Progressives Congress (APC) presidential campaign, says the victory of Peter Obi in Lagos during the presidential election caught the party unawares. Obi, presidential candidate of the Labour Party (LP), placed third in the February 25 election won by Bola Tinubu of the […]

The police command in Bauchi state has declared Yakubu Shehu, a member of the house of representatives, wanted over alleged homicide. NAN reports that the police also placed a bounty of N1m on him. The lawmaker is representing Bauchi federal constituency in the lower chamber of the national assembly. Yakubu is […]

The Nigeria Inter-Bank Settlement System (NIBSS) says the value of e-payment transactions dropped to N37.67 trillion in February 2023. This figure represents a 4.83 percent decrease from the N39.58 trillion that was recorded in January 2023. In the February report released on Monday, NIBSS said e-payment gateways usage recorded a 41.29 percent […]

A high court sitting in Yobe has sentenced Idris Yahaya, auditor-general of the state, to five years in prison over N19,900,000 fraud. Yahaya was found guilty on a one-count charge of criminal misappropriation. On November 9, 2022, the auditor-general was arraigned but he pleaded not guilty to the charge. In a […]

Bello Matawalle, governor of Zamfara state, says the compliance of the Central Bank of Nigeria (CBN) with the supreme court order on the validity of old naira is a victory for Nigerians. The governor said citizens can now heave a sigh of relief as more cash is expected in circulation as a result […]

Babajide Sanwo-Olu, governor of Lagos, says any business operating in the state that rejects old naira notes would be “heavily sanctioned”. TheCable earlier reported that the governor instructed all agencies of the state government not to reject payments made with the old currency. In a statement by Gboyega Akosile, his chief press […]

The presidency says the February 25 presidential election is an “improvement” on the previous polls. In a statement issued on Monday, Garba Shehu, presidential spokesperson, said President Muhammadu Buhari’s administration deserves “credit” for the conduct of the election. The Independent National Electoral Commission (INEC) has been criticised by opposition parties and elections […]

The Central Bank of Nigeria (CBN) says the old N200, N500 and N1000 notes remain legal tender until December 31, 2023. Isa Abdulmumin, CBN spokesperson, announced the development in a statement on Monday evening. “In compliance with the established tradition of obedience to court orders and sustenance of the Rule of Law […]

The Nigeria Labour Congress (NLC) has issued a seven day ultimatum to the federal government to end the petrol and cash scarcity being experienced in the country. Joe Ajaero, NLC’s president, issued the ultimatum on Monday in Abuja, during the opening session of the union’s central working committee (CWC) meeting. Two weeks […]