TheCable News

The Peoples Democratic Party (PDP) says the country is grinding to a halt under the leadership of President Bola Tinubu. Debo Ologunagba, PDP national publicity secretary, in a statement on Monday, said Tinubu’s leadership has created an atmosphere and feeling of absence of governance in the country. “The Peoples Democratic Party (PDP) […]

Julius Abure, national chairman of the Labour Party (LP), says Peter Obi, presidential candidate of the party, will be declared president of Nigeria by the tribunal. Abure spoke while addressing some Nigerians in the United States (US) during a tour of the country. Obi who came third in the presidential election held […]

The Lagos house of assembly has cleared the air over its refusal to confirm 17 commissioner nominees recommended by Babajide Sanwo-Olu, governor of the state. On August 23, the state house of assembly declined to confirm 17 out of 39 commissioner nominees recommended by the governor. Six former commissioners who served in […]

President Bola Tinubu on Monday asked members of his cabinet to work hard to revive the country’s economy because Nigeria is in a difficult time. Tinubu spoke on Monday when he inaugurated the federal executive council (FEC) at the Aso Rock villa, Abuja. The president said the ministers have the capacity to […]

The Central Bank of Nigeria (CBN) says its bilateral currency swap agreement with China was renewed after the expiration of the deal in 2021. The apex bank released the details of the 2018 currency swap agreement with Peoples Bank of China (PBoC) in a freedom of information (FOI) request sent by Femi Falana, […]

KPMG has adjusted its growth forecast for the Nigerian economy to 2.65 percent in 2023 – down from 2.85 percent earlier projected. The professional services firm, in a flashnote titled ‘Underwhelming Q2 2023 GDP Growth Recorded’, and released over the weekend, said the revision is premised on various considerations. KPMG listed the […]

Philip Shaibu, the deputy governor of Edo, on Monday staged a walk-out at an event in the state after his aides, including security operatives, were denied entry. In a video shared by Arise Television on Monday, while Shaibu was allowed into the venue of the 60th anniversary of the Midwest referendum organised by […]

French President Emmanuel Macron says France will continue to support Mohamed Bazoum, the Niger Republic president who was deposed last month. Speaking to ambassadors in Paris, the French capital, on Monday, Macron said France has faced hostility in recent times owing to its policy of backing the courageous. On Friday, Niger’s military […]

The Police Service Commission (PSC) has directed four deputy inspectors-general of police to proceed on compulsory retirement. The affected DIGs are Dan-Mallam Mohammed, Moses Ambakina Jitiboh, Hafiz Mohammed Inuwa and Adeleke Adeyinka Bode. The PSC said the police officers, who were initially seniors in rank to Kayode Egbetokun, the acting IGP, failed […]

Here are the seven top business stories you need to track this week —  August 28 to September 1. FINANCE ACT 2023 TAKES EFFECT SEPT 1 From September 1, 2023, the Federal Inland Revenue Service (FIRS) will begin to charge the 7.5 percent value-added tax (VAT) on items excluded from building. […]