TheCable News

A federal high court in Lagos has restrained Roger Brown, chief executive officer (CEO) of Seplat Energy Plc, from carrying out his official duties pending the determination of a suit. Chukwuejekwu Aneke, the presiding judge, made the ruling in response to a motion ex parte filed on Wednesday. The suit was instituted […]

The federal government generated a total of N2.83 trillion from company income tax (CIT) in 2022, an increase of 116 percent from its 2021 figure. The National Bureau of Statistics (NBS) disclosed this in its recent CIT report for the fourth quarter (Q4) of 2022. Poor revenue generation has continued to pose […]

Dele Alake, media adviser to the All Progressives Congress (APC) presidential campaign council, says one Lloyd Ukwu, a US-based Nigerian claiming to be an executive director of National Democratic Coalition (NADECO), is trying to discredit the victory of Bola Tinubu, president-elect. Ukwu is said to have granted a press conference where he made […]

Oyeyemi Kale, former statistician-general of the National Bureau of Statistics(NBS), has been appointed as a partner and chief economist of KPMG Nigeria. KPMG Nigeria, in a statement on Thursday, said Kale enhance its solutions in economic modelling and macroeconomic analysis. “Kale will lead the firm’s view on macroeconomics and enhance the breadth […]

A federal high court in Abuja has ordered the Independent National Electoral Commission (INEC) to allow two Nigerians to use their temporary voter cards (TVCs) to vote in the March 18 governorship and state houses of assembly elections. The plaintiffs, Kofoworola Olusegun and Wilson Allwell, in the suit marked FHC/ABJ/CS/180/2023 and filed on […]

Six people have been confirmed dead from the accident involving a train and a Lagos state staff bus. The accident took place on Thursday morning between the Shogunle and Ikeja axis when the staff bus veered into the rail track and was crushed by an oncoming train. Many passengers were injured in […]

Fidet Okhiria, managing director of the Nigerian Railway Corporation (NRC), says the driver is to be blamed for the accident involving a train and a bus in Lagos on Thursday. A train collided with a bus conveying staff of the Lagos government with two people confirmed dead. Witnesses at the scene said […]

The Central Bank of Nigeria (CBN) has issued operational guidelines for open banking in the country. This is contained in a circular dated March 7, 2023, and signed by Musa Jimoh, director of payments system management department. Open banking is the sharing of financial information electronically, securely, and only under conditions that […]

Low female representation in Nigeria’s political space has over the years been a source of concern, especially because women make up 49 percent of the country’s population. Prior to the 2023 general election, stakeholders were hopeful that there would be a significant improvement in female representation in the national assembly. But the […]