General

President Bola Tinubu has terminated the appointment of Bashir Gwandu as the executive vice-chairman and chief executive officer of the National Agency for Science and Engineering Infrastructure (NASENI). The president appointed 32-year-old Khalil Suleiman Halilu(pictured) as his replacement. Ajuri Ngelale, special adviser to the president on media and publicity, announced the development […]

The federal government says only N2 billion has been released from the N5 billion loan it offered to each state as a palliative to cushion the impact of the petrol subsidy removal. Wale Edun, minister of finance and coordinating minister of the economy, spoke on Friday during a press conference in Abuja. […]

President Bola Tinubu has asked the military junta in the Niger Republic to replicate Nigeria’s previous transition plan. Abdourahmane Tiani, Niger’s self-declared head of state, had said the country would return to civilian rule within three years. Tiani made the proposal after a meeting with the Economic Community of West African States […]

Wale Edun, minister of finance and coordinating minister of the economy, says the last time the foreign exchange (FX) rate was stable, and interest rates were affordable, was a decade ago. Edun spoke about the state of the economy at a press briefing in Abuja on Friday. He said a weak, depreciating […]

Despite the positive mood in Nigeria’s legal team that the country will succeed in its challenge against the arbitral award to Process and Industrial Developments (P&ID), a trio of influential Nigerians are mounting pressure on the presidency to settle out of court, TheCable understands. A former governorship candidate in Kwara state and two […]

A Benue state high court in Gboko has dismissed a suit seeking to set aside the suspension of Iyorchia Ayu as a member of the Peoples Democratic Party (PDP). Delivering a ruling on Thursday, D.M Igyuse, the presiding judge, described the suit as an abuse of the court process. The case was […]

President Bola Tinubu says the option of military intervention in the Niger Republic will not be considered until all diplomatic options are exhausted. Tinubu spoke on Thursday while receiving the leadership of the Nigerian Supreme Council for Islamic Affairs (NSCIA) at the State House, according to a statement released by Ajuri Ngelale, special […]

President Bola Tinubu says the “bitter pill” must be administered to an ailing nation and economy to build a better future for the country. According to a statement by Ajuri Ngelale, presidential spokesperson, on Thursday, Tinubu spoke at a meeting with members of the board and management of the Nigerian Economic Summit Group […]