TheCable News

Hamisu Bala, the suspected kidnap kingpin better known as Wadume, has been sentenced to seven years imprisonment. Wadume was charged alongside Aliyu Dadje, a police inspector, Auwalu Bala, Uba Bala, Bashir Wazlri, Zubairu Abdullahi and Rayyanu Abdul. They were prosecuted by the office of the attorney-general of the federation on a 13-count […]

The presidential panel that probed Ibrahim Magu says 14 fraud cases involving N118 billion and $309 million were abandoned by the former acting chairman of the Economic and Financial Crimes Commission (EFCC). In the final report submitted to President Muhammadu Buhari in November 2020, the EFCC, under Magu’s watch, was also accused of […]

The consumer price index (CPI), which measures the rate of change in prices of goods and services, surged to 19.64 percent in July 2022, up from 18.60 percent in the previous month. The rate is the highest recorded since September 2005. The National Bureau of Statistics (NBS) said this on Monday in […]

Amaju Pinnick, president of the Nigeria Football Federation (NFF), has opened up on his decision to abstain from seeking a third term in office. In April 2022, the NFF president, who is in the twilight of his second term, had ruled out a third term bid. Although Pinnick said he had consulted […]

Dele Momodu, publisher of Ovation Magazine, says Nyesom Wike, governor of Rivers, will not leave the Peoples Democratic Party (PDP). His statement comes amid speculations that Wike, who is a member of the PDP, may defect from the party after losing the presidential and vice-presidential tickets. Speaking on Sunrise Daily, a Channels […]

The Nigeria Social Insurance Trust Fund (NSITF) has failed to justify the spending of N17.16 billion in 2013 with the required documents. Appearing before the senate committee on public accounts on Friday, the agency’s management claimed that some of the payment vouchers have been eaten up by termites. The N17.158 billion, as […]

Here are the seven top business news you need to track this week — August 15 to August 20. DMO AUCTIONS N225 BILLION BOND Debt Management Office (DMO) will list three Federal Government of Nigeria bonds valued at N225 billion for a subscription via auction at N1,000 per unit today. The […]

Nasir el-Rufai, governor of Kaduna, has mocked a plan by supporters of Peter Obi, presidential candidate of Labour Party (LP), to hold a “two-million-man march” for him in the state. Supporters of Obi across the country have been holding these marches to show their solidarity with him. There was a march for […]

The Independent National Electoral Commission (INEC) says the All Progressives Congress (APC) has no senatorial candidate for Yobe north and Akwa Ibom north-west districts for the 2023 elections. Festus Okoye, INEC spokesperson, said this on Sunday in an interview on Channels Television. In June, INEC had excluded Ahmad Lawan, senate president, and […]