General

The naira, on Wednesday, depreciated further against the dollar at the parallel section of the foreign exchange market. Bureaux De Change operators (BDCs), popularly known as ‘abokis’, who spoke to TheCable in Lagos, quoted the naira at N578 to the dollar at the street market. The figure is N1 or 0.2 percent […]

Chris Ngige, minister of labour and employment, says the federal government is working on measures to resolve the issues which led to the current strike by the Academic Staff Union of Universities (ASUU). ASUU had, on February 14, declared a one-month strike. Speaking with state house correspondents on Tuesday after a meeting […]

Governors of the All Progressives Congress (APC) say the national convention scheduled for March 26 in Abuja will hold. Atiku Bagudu, governor of Kebbi state and chairman of the progressive governors’ forum, said this on Tuesday after the governors met with President Muhammadu Buhari in Abuja. There had been speculations that some […]

For Nigerians interested in participating in the 2023 elections, it’s time to keep your permanent voter cards (PVCs) closer than ever. This is because under the Electoral Act 2022, persons whose PVCs are lost or damaged 90 days before an election date will not be eligible to vote in that election. On Friday, […]

Adeyeye Ogunwusi, the Ooni of Ife, and Lamidi Adeyemi, the Alaafin of Oyo, met with Rauf Aregbesola, minister of interior, on Tuesday. The meeting is connected to the expected reconciliation between Aregbesola and Bola Tinubu, a chieftain of the All Progressives Congress (APC). TheCable understands that Aregbesola met with the high-ranking Yoruba […]

Global oil price surpassed $105 a barrel ahead of the meeting of the Organisation of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, known as OPEC+. On Tuesday, Brent Crude futures settled up 7.35 percent to $105.66 a barrel, at 16.30 GMT+1.  West Texas Intermediate Crude futures proportionally gained 7.54 […]

The national assembly has rejected a constitutional bill seeking to expand immunity to the presiding officers of the national assembly. The bill also sought to extend the immunity privilege to the chief justice of Nigeria (CJN). The proposed legislation is titled: ‘A Bill for an Act to Alter the Provisions of the […]

The senate and house of representatives have passed a bill seeking to grant financial autonomy to LGAs across the country. Both chambers passed the bill with a sweeping majority. The legislation is entitled: ‘Bill for an Act to Alter the Constitution of the Federal Republic of Nigeria, 1999 to Abrogate the State […]

The national assembly has rejected a constitutional bill seeking to create special seats for women in the federal legislative arm of government. The bill failed after both chambers of the national assembly voted on it on Tuesday. It is entitled ‘Bill For an Act to alter the provisions of the Constitution of […]

The national assembly has rejected a bill seeking to include value-added tax (VAT) in the exclusive list. The bill to “Alter Part I of the Second Schedule to the Constitution of the Federal Republic of Nigeria, 1999 to include Value Added Tax on the Exclusive Legislative List; and for Related Matters” failed to […]