TheCable News

Micheal Bamidele, senate leader, says President Bola Tinubu will send his ministerial list to the national assembly within the next 48 hours. Bamidele spoke on Tuesday during the public presentation of books to mark his 60th birthday at the Shehu Musa Yar’Adua centre, Abuja. The senate leader said Tinubu could not attend […]

President Bola Tinubu has asked Nigerians in the diaspora to fully commit to the joint task of nation-building. Tinubu, represented by Femi Gbajabiamila, the chief of staff (CoS), spoke on Tuesday while marking the National Diaspora Day in Abuja. The event, organised by the Nigerians in Diaspora Commission (NiDCOM), was themed “Consolidating […]

The Central Bank of Nigeria (CBN) has asked banks to vacate a post-no-debit restriction placed on the bank accounts of 440 individuals and companies. A post-no-debit means that all debit transactions, including ATMs and cheques, on the accounts, have been blocked but can receive inflows. The circular, signed by A.M. Barau on […]

The court of appeal in Abuja has discharged Sule Lamido, former governor of Jigawa state, and his two sons, of N712 million money laundering allegation. In a judgment delivered on Tuesday, the court held that the no-case submission filed by the defendants was meritorious. The Economic and Financial Crimes Commission (EFCC) charged […]

The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which benchmarks interest rates, from 18.5 percent to 18.75 percent. CBN’s decision is the first monetary policy decision made by the committee since the Bola Tinubu administration took office on May 29, 2023. While […]

The National Bureau of Statistics (NBS) says the price of petrol in Nigeria increased by 210.31 percent year-on-year. This means Nigerians, in June 2023, paid an average price of N545.83 for a litre of petrol compared to N175.89 in the period last year. Details on the price movement are contained in the […]

President Bola Tinubu on Tuesday met with Abdullahi Adamu, former national chairman of the All Progressives Congress (APC), and Iyiola Omisore, the party’s former national secretary, at the presidential villa in Abuja. Both men, who arrived together for the meeting, were seen exiting after the session at about 1.30pm. Adamu and Omisore […]

The Department of State services (DSS) has rearrested Godwin Emefiele, the suspended governor of the Central Bank of Nigeria (CBN). The operatives of the secret police took custody of Emefiele after a physical fight with officials of the Nigerian Correctional Service (NCoS). TheCable had earlier reported that the DSS operatives had a […]