TheCable News

The presidential panel that probed Ibrahim Magu has accused the former acting chairman of the Economic and Financial Crimes Commission (EFCC) of killing high-profile cases while chasing after Internet fraudsters, popularly known as “Yahoo Boys”. In the final report submitted to President Muhammadu Buhari in November 2020, the EFCC under Magu was said […]

Electricity workers on Wednesday shut down major power stations due to the ongoing nationwide strike. On Tuesday, the National Union of Electricity Employees (NUEE) directed its members to go on strike over “contravention of workers’ conditions and default on the payment of entitlement by the Transmission Company of Nigeria (TCN)”. TCN, however, […]

Sani Kukasheka Usman, former army spokesperson, says Abdulrahman Dambazau (pictured), former chief of army staff, was “lobbied” to seize power after the death of former President Musa Yar’Adua. Yar’Adua was president from 2007 until his passing in May 2010. Usman spoke on Tuesday at the 2022 Blueprint Newspapers annual public lectures and […]

The federal government has blamed its inability to reach the target of 5,000 megawatts of electricity generation as promised on a shortage of gas supply. Abubakar Aliyu, minister of power, said on Wednesday at the end of the federal executive council (FEC) meeting presided over by President Muhammadu Buhari at the Presidential Villa, […]

The meeting between the leadership of the Academic Staff Union of Universities (ASUU) and the federal government has ended without an agreement. On Monday, Emmanuel Osodeke, ASUU president, said the federal government had agreed to adopt the University Transparency Accountability Solution (UTAS) as the payment platform for lecturers. He said the government […]

Ibrahim Babangida, former military head of state, says Nigerians should seek God’s intervention for direction in the country’s political activities. Babangida said this on Tuesday while speaking with journalists in Minna, the Niger capital, as part of activities to commemorate his birthday. The former head of state will clock 81 on August […]

Amidst the crisis rocking the Peoples Democratic Party (PDP) ahead of the 2023 presidential election stands the polarising figure of Iyorchia Ayu, the party’s national chairman. The former senator’s popularity within the party has grown shy of the percentage that led him to become the national chairman on consensus last October. Cracks […]

The naira has dropped to N683 per dollar at the parallel section of the foreign exchange (FX) market, popularly called the black market. The figure represents a depreciation of N3 or 0.4 percent from the N680 it traded last week. Bureaux De Change operators who spoke to TheCable on Tuesday said there is […]