TheCable News

The Academic Staff Union of Universities (ASUU) says the federal government should convert the student loan act to a grant. Speaking on Channels Television on Monday, Emmanuel Osodeke, ASUU president, said the federal government should have considered room for a collective bargain from all sides before signing the bill into law. Osodeke […]

President Bola Tinubu will on Tuesday depart for Paris, France to attend the summit for a new global financial pact. The two-day summit seeks to explore “opportunities to restore fiscal space to countries that face difficult short-term financial challenges”. Dele Alake, the president’s special adviser on communications and strategy, announced the proposed […]

The National Pension Commission (PenCom) says 13,126 disengaged workers withdrew N12.72 billion in the first quarter (Q1) of 2023. The disbursement data is contained in the agency’s Q1 report for the year. PenCom said the withdrawals aligned with the pension regulation act which allows any disengaged worker to access 25 percent of […]

Here are the seven top business stories you need to track this week — June 19 to June 23. NBS REPORT The National Bureau of Statistics (NBS) is expected to release a report on automotive gas oil (diesel) and liquefied petroleum gas (cooking gas) prices for May 2023. The bureau also […]

The Economic and Financial Crimes Commission (EFCC) has terminated the money laundering case filed against Ayo Oke (pictured), former director-general of the National Intelligence Agency (NIA) over the discovery of $43 million, £27,000 and N23 million in an Ikoyi flat. On Friday, June 9, Chukwujekwu Aneke, the presiding of the federal high court […]

Muhammad Sa’ad Abubakar, Sultan of Sokoto, has declared June 28 as Eid al-Adha. Eid al-Adha, also known as Sallah, features the slaughtering of ram during the period known as the “festival of sacrifice”. Eid al-Adha commemorates Prophet Ibrahim’s readiness to sacrifice his son, Isma’il, in order to demonstrate his dedication to God. […]

Changpeng Zhao, Binance’s chief executive officer (CEO), says the subsidiary of the cryptocurrency exchange, Binance Nigeria Limited, is a “scammer entity”. Zhao spoke in a tweet on Sunday, confirming the illegal operations of the company in Nigeria. Binance have issued cease & desist notice to the scammer entity "Binance Nigeria Limited". Don't […]

Nyesom Wike, former governor of Rivers state, says he was nearly killed by poisoning in 2018. Speaking on Sunday during a thanksgiving service at the St. Peters Anglican Church in Obio-Akpor LGA of Rivers state, Wike said he escaped death twice during his time as governor of the state. The former governor […]