TheCable News

Goldman Sachs, a multinational investment bank, is planning to lay off as many as 4,000 employees as it struggles to meet profitability targets, Semafor is reporting. The news outlet, quoting sources familiar with the matter, said managers across the firm have been asked to identify low performers for what could be a cut […]

Usman Baba, inspector-general of police (IGP), says separatist groups in the country are working to disrupt the 2023 elections. Baba, who was represented by Dandaura Mustapha, deputy inspector-general in charge of operations, spoke on Friday when he appeared before the house of representatives ad hoc committee investigating attacks on the facilities of the […]

The federal government has declared December 26 and 27 as well as January 2, 2023, as public holidays. The ministry of interior announced the festive season holidays in a statement signed by Belgore Shuaib, the permanent secretary, on Friday. The public holidays are to mark Christmas, Boxing Day and New Year’s Day […]

David Umahi, governor of Ebonyi, says he has ordered the arrest of a caterer who allegedly served low-quality food to widows and elderly at a Christmas party in the state. According to NAN, the cook was arrested on Thursday at the party organised by the government in Ebonyi. Umahi condemned the act, […]

At least three Ukrainian cities including Kyiv, the capital, have reported explosions from yet another Russian missile attack. As many as 60 Russian missiles were seen heading for different targets, Sky News quoted an Ukrainian official as saying. Air raid sirens sounded all across Ukraine on Friday morning with civilians directed to […]

The World Bank says Nigeria’s growth has been stagnant in the past decade despite its huge potential. The bank said this in its latest report titled, ‘Nigeria country economic memorandum: charting a new course’, published on its website. In the report, the bank said Nigeria’s potential and growth has been stagnated over […]

The presidential air fleet (PAF) says its budgetary allocation in the past few years is insufficient to fund its operations. Abubakar Abdullahi, commander of the fleet, spoke on Thursday when he received members of the house of representatives committee on national security and intelligence who were on an oversight visit to the base in Abuja. […]

The World Bank says five million Nigerians have been pushed into poverty as a result of inflation in 2022. The Bretton Woods institution said this in its latest Nigeria Development Update (NDU) released on Thursday. In the report titled ‘Nigeria’s Choice’, the bank said the country’s inflation has worsened since 2020, eroding […]