TheCable News

Kayode Egbetokun, the acting inspector-general of police (IGP), says he is ready to “devour Nigeria’s internal enemies”. Egbetokun spoke on Tuesday after he was decorated with his new rank by Vice-President Kashim Shettima. The brief ceremony took place at the state house, Abuja. The new police chief said he is looking forward […]

A federal capital territory high court in Maitama has fixed July 13 to rule on a fundamental human rights suit instituted by Godwin Emefiele, suspended governor of the Central Bank of Nigeria (CBN). On June 9, President Bola Tinubu suspended Emefiele and asked him to transfer his responsibilities to Folashodun Adebisi Shonubi, deputy […]

On June 18, 2023, the Central  Bank of Nigeria (CBN) instructed commercial banks in the country to cancel the restriction on cash deposits into domiciliary accounts, allowing customers to “have unfettered and unrestricted access to funds in their accounts”. The instruction was part of a string of operational guidelines churned out after a […]

Samuel Ortom, former governor of Benue state, is being interrogated at the office of the Economic and Financial Crimes Commission (EFCC). The former governor is at the zonal office of the EFCC in Makurdi, the state capital. Sources privy to the development told TheCable that Ortom arrived at the facility of the […]

At the presidential election petition court on Monday, a witness said there was no network glitch as suggested by the Independent National Electoral Commission (INEC). Here are five major highlights from the proceedings. ‘NO TECHNICAL GLITCH AS CLAIMED BY INEC’ Clarita Ogar, the seventh witness of the Labour Party (LP) and […]

As of Monday night, the Central Bank of Nigeria (CBN) was quoting 589.45 naira per dollar on its website. At about the same time, the Investors and Exporters (I&E) window, as reported by FMDQ, was quoting a closing price of N770 per dollar. Traders at the parallel market were selling the dollar for N757. […]

The Labour Party (LP) and its presidential candidate, Peter Obi, have again accused the Independent National Electoral Commission (INEC) of deliberately frustrating their case. Obi and LP are challenging the outcome of the election held on February 25 which produced Bola Tinubu as Nigeria’s president. At the court session on Monday, Jibrin […]