TheCable News

The World Bank and the US Export-Import Bank (EximBank) say they will commit over $3 billion to the implementation of Nigeria’s energy transition plan.  The international organisations made the commitment on Wednesday at the official global launching of the Energy Transition Plan by Yemi Osinbajo, vice-president. Shubham Chaudhuri, Nigeria country director, World […]

The federal government has launched Nigeria’s energy transition plan as a major pathway in achieving universal energy access by 2030 and a carbon-neutral economy by 2060. Vice-President Yemi Osinbajo, at the global launch on Wednesday, said the plan was designed to tackle energy poverty and climate change crisis, as well as deliver sustainable […]

Ayo Adebanjo, leader of Afenifere, a pan-Yoruba socio-political organisation, says Peter Obi, the presidential candidate of the Labour Party (LP), shares the same cause as him. Adebanjo and the leadership of the Southern and Middle Belt Forum (SMBLF) met with the former Anambra state governor on Tuesday. The meeting came about six […]

The federal government has asked states to use their monthly budgets for emergency management to address issues of flooding. Owing to the effects of climate change, several communities across Nigeria that are prone to flooding have been partially submerged, with residents displaced. Commenting on the development, Garba Shehu, presidential spokesperson, in a […]

Sule Lamido, former governor of Jigawa state, says Nyesom Wike doesn’t have a monopoly over the Rivers electorate. His statement comes amid the crisis troubling the Peoples Democratic Party (PDP), the leading opposition in the country. The party has been embroiled in crisis since the conclusion of its presidential primary election in […]

Datti Baba-Ahmed, the vice-presidential candidate of Labour Party (LP), says the party is relying on the track record of its candidates to convince Nigerians to vote for them in the 2023 elections. He said other parties are banking on their pecuniary resources, adding that they are “swimming in an ocean of wealth and […]

Peter Obi, presidential candidate of the Labour Party (LP), has paid a visit to Ayo Adebanjo, leader of Afenifere, a pan-Yoruba socio-political organisation. In a tweet on Tuesday, Obi said he was accompanied on the visit to the Afenifere leader’s home by leaders of the LP. “Presently visiting PA Ayo Adebanjo and […]

The naira, on Tuesday, fell to N692 per dollar at the parallel market amid the lingering scarcity of the greenback. The figure signifies a depreciation of N9 or 1.3 percent compared to the N683 it traded last week. Bureaux De Change operators (BDCs) to TheCable that they purchase the greenback at N685/$, make […]

Nigerian governors are of the opinion that elections may not hold in several north-west states as a result of the prevalent insecurity in the geopolitical zone. North-west comprises seven states — Jigawa, Kaduna, Kano, Katsina, Kebbi, Sokoto, and Zamfara. TheCable understands that the governors shared their perspective with President Muhammadu Buhari in a […]