TheCable News

The federal government says more investment is needed to support the over four million persons experiencing hunger and malnutrition in the north-east. The government and the United Nations called on international partners to support Nigeria with funds to address food shortage in the region. Sugra Mahamood, director of irrigation agriculture and crop […]

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the Dangote Group has paid back 70 percent of the loans it took to construct an oil refinery. Emefiele spoke at the commissioning of the 650,000 barrels per day (bpd) Dangote Refinery in Lagos on Monday. The CBN boss said the […]

The supreme court has fixed May 26 to deliver judgment in a suit seeking the disqualification of Bola Tinubu and Kashim Shettima as presidential and vice-presidential candidates of the All Progressives Congress (APC). The judgment will be delivered three days before the inauguration of the president-elect and the vice-president-elect. The PDP, in […]

The Peoples Democratic Party (PDP) says the refusal of its application for a live broadcast of the presidential election petition proceedings is not a setback. TheCable had reported that the presidential election petition tribunal declined the request by Atiku Abubakar, PDP candidate, for a live broadcast of its proceedings. Speaking with journalists […]

Bola Tinubu, Nigeria’s president-elect, has opposed the move to harmonise three pending petitions challenging his victory at the tribunal. Tinubu, the standard bearer of the All Progressives Congress (APC), was declared the February 25 presidential poll winner with 8,794,726 votes. Aggrieved by the outcome, the Peoples Democratic Pary (PDP) and its presidential […]

President Muhammadu Buhari has inaugurated the Dangote petroleum refinery, an illustrious project expected to catalyse the transformation of Nigeria’s energy sector. Buhari inaugurated the facility on Monday in Lagos — the nation’s commercial city — as bigwigs, industry players, and presidents of African countries, gathered to witness the unveiling of a $19 billion […]

Here are the seven top business news you need to track this week — May 22 to May 26. INAUGURATION OF DANGOTE REFINERY, NAVAL FLEET President Muhammadu Buhari will inaugurate the Dangote Refinery, Africa’s biggest oil refinery, on Monday, May 22, 2023. The facility is a 650,000 barrels per day (bpd) […]

Dinesh Rathi, managing director of the Lagos Free Zone (LFZ), says with businesses showing significant interest in the area, the company aims to contribute about $12 billion to Nigeria’s annual gross domestic product (GDP) by 2032. Speaking on the firm’s plans at a recent meeting with journalists at LFZ’s headquarters in Ibeju Lekki, […]