TheCable News

The World Health Organisation (WHO) says the Omicron is currently the dominant COVID variant in Nigeria. As of December 20, Nigeria had recorded 45 cases of the variant, according to the Nigeria Centre for Disease Control (NCDC). In a statement on Thursday, the WHO said 30 African countries – and at least 142 […]

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the pan-African payment and settlement system (PAPSS) will simplify cross-border transactions and reduce third currencies for intra-African trade. The third currencies include dollars, pounds and euro for cross-border transactions in Africa. Emefiele said this on Thursday in Accra, Ghana, at the […]

David Umahi, governor of Ebonyi, says the state “can never” be part of the proposed nation of Biafra. The governor spoke on Thursday at an event organised for him in Abakaliki, the Ebonyi capital. Umahi said the state will not secede from the country and join Biafra, adding that “we are better […]

President Muhammadu Buhari, on Thursday, described himself as ‘Omowale’ during his visit to Ogun state. In the Yoruba language, ‘Omowale’ means ‘the child has returned home’. According to a statement issued by Femi Adesina, presidential spokesperson, Buhari made the comment while reminiscing on his days as an infantry officer in the state. […]

The federal government says there is a need to put in more efforts to redeem Nigeria’s image which has been “hurt” by corruption. Boss Mustapha, secretary to the government of the federation, said this on Thursday while inaugurating the 23-member board of the Economic and Financial Crimes Commission (EFCC). The board is […]

Bismarck Rewane, chief executive officer of Financial Derivatives Company, says the country’s inflation rate will remain structurally high at a full-year average of 13.3 percent in 2022. Rewane said this at the Nigerian-British Chamber of Commerce (NBCC) January breakfast meeting on Thursday in Lagos. In November 2021, Nigeria’s inflation rate declined marginally to […]

The National Primary Health Care Development Agency (NPHCDA) says 395 cases of circulating mutant poliovirus type two (cMPV2) have been reported in 27 states and the federal capital territory (FCT). On August 25, 2020, the Africa Regional Certification Commission (ARCC) for polio eradication officially declared Nigeria and the rest of Africa free of […]

The first round of matches has come and gone at the ongoing African Cup of Nations (AFCON) in Cameroon, with few surprises. The hosts passed Burkina Faso’s challenge with President Paul Biya in attendance while Nigeria silenced Egypt in Garoua. A paltry 12 goals have been scored so far and that is 15 goals […]

Senate President Ahmad Lawan says the national assembly is concerned about the country’s level of borrowing. There have been concerns about the country’s high level of borrowing. Analysis by TheCable Index puts the country’s domestic debt stock at N18 trillion. Federal government domestic debt stock by instrument as at September 30th, […]

In recent weeks, several fully-vaccinated persons have announced that they tested positive for COVID. In December 2021, Mohammed Bello, minister of the federal capital territory (FCT), announced that he tested positive despite having taken two shots of the vaccine. Days before Bello’s announcement, Atedo Peterside, the founder of Stanbic IBTC and Anap […]