TheCable News

The International Monetary Fund (IMF) has asked the Central Bank of Nigeria (CBN) to step back and allow commercial banks to determine dollar buy-sale rates to boost foreign capital flows to the economy. IMF said this in its 2022 Article IV Consultation concluding statement after an official staff visit to Nigeria. The […]

The Plateau police command has rescued a 17-year-old girl reportedly locked up by her aunt in Jos, the state capital. According to NAN, Grace Pam, National Human Rights Commission (NHRC) coordinator in Plateau, said the girl was rescued in Rikkos area of Jos North LGA. Pam said the victim was brought to […]

The Independent National Electoral Commission (INEC) says it is making plans for the conduct of a run-off presidential election. A run-off election is conducted when there is no clear winner for the first election — this can happen when the candidate who has the highest votes fails to meet the conditional requirements on […]

Adams Oshiomhole, former governor of Edo, says the five governors at the centre of the crisis in the Peoples Democratic Party (PDP) will be an advantage for the All Progressives Congress (APC) in the 2023 elections. Dubbed as G5, the five governors — Nyesom Wike of Rivers, Seyi Makinde of Oyo, Samuel Ortom […]

The national assembly commission has appointed Magaji Tambuwal as the acting clerk of the national assembly. Tambuwal, secretary of the directorate of finance and accounts in the national assembly, is said not to be the most senior official in the management. According to the National Assembly Service Act, the offices of the […]

Nyesom Wike, governor of Rivers, says President Muhammadu Buhari approved the payment of funds owed to states in the Niger Delta since 1999. Wike said this on Friday at the inauguration of the Nabo Graham Douglas campus of the Nigerian Law School in Rumueme, Port Harcourt. Wike said the funds have significantly […]

President Muhammadu Buhari has approved the immediate implementation of the enhanced salary and welfare scheme for judicial officers. The president said this on Friday at the official handover ceremony of the Nabo Graham-Douglas campus of the Nigerian Law School, Port Harcourt, to the Council of Legal Education. Represented by Abubakar Malami, attorney-general […]

Yasukazu Hamada, Japan’s defence minister, says North Korea has launched an intercontinental ballistic missile (ICBM) which landed in the country’s waters. Hamada said the weapon, launched on Friday, reached an altitude of 6,000km and could travel as far as 15,000km. The test missile landed near Japanese waters, roughly 210km west of Hokkaido, […]

A high court in the federal capital territory (FCT), has discharged and acquitted Babachir Lawal, former secretary to the government of the federation (SGF), over allegations of money laundering. Lawal was standing criminal prosecution alongside Hamidu David Lawal, his younger brother; Sulaiman Abubakar; Apeh John Monday and two companies, Rholavision Engineering Ltd and […]