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JUST IN: Army rescues 16 Tantatu Kidnap Victims In Kaduna
Troops of the Nigerian Army deployed in the 1 Division Area of Responsibility in Kaduna State have successfully rescued 16 kidnap victims in the Kajuru Local Government area. According to a statement released by the…
Shehu Sani reveals why bandits can’t attack Kano, Jigawa
Former Kaduna central lawmaker, Senator Shehu Sani, says that Kano and Jigawa states have become insulated against terrorist attacks. Politics Nigeria reports that Kano and Jigawa states have not recorded any bandit…
N2billion Fraud: How Nigerian Agency, FIRS Top Official, Eteta Ita Allegedly Diverted Funds To Her…
Mrs Ijeoma Maltida, a sixth Prosecution Witness, in the ongoing trial of the Head of Stakeholders Unit of the Federal Inland Revenue Services, FIRS, Emmanuella Eteta Ita, has told Justice Giwa Ogunbanjo of the Federal…
Dollar supply rises to $11bn, naira closes 1,572/$
Forex turnover at the official foreign exchange market has increased to $11.43bn within over two months of trading following fresh reforms by the Central Bank of Nigeria, findings by the PUNCH have shown. An analysis of…
Famine imminent in north Gaza, an ‘unprecedented’ crisis – UN
Half of Gazans are experiencing "catastrophic" hunger, with famine projected to hit the north of the territory by May unless there is urgent intervention, a…
Debt Stock Rises As DMO Raises Fresh N588bn From Bonds
The Debt Management Office (DMO) said it raised N588.85 billion from the March 2024 Federal Government (FGN) Bond offer which it opened last week, slightly…
Tinubu begins plan to clean up cabinet
President Bola Tinubu is set to flag off a three step approach to the assessment of his Ministers and heads of Ministries, Departments and Agencies MDAs, ahead of his first year in office. The aim is to provide a platform…
REVEALED: How NIMC exposed private data of 100m Nigerians to dubious verification agents
A circular issued by the National Identity Management Commission (NIMC) to its verification service agents has exposed the private data of over 100 million to unlicensed entities and profiteers, TheCable can report. The…
Inside CBN’s N10 trillion intervention where N193 billion loans have been declared lost
The Central Bank of Nigeria’s Intervention Funds Programme, estimated at N10.3 trillion, has achieved a repayment rate of 75.8%. The report also states that N193 billion of the total loans disbursed have been declared…
Shareholders fault CBN’s position on dividend payments from FX gains
Shareholders in the Nigerian capital market have voiced their concerns about the potential negative consequences of the Central Bank…
N195bn FX loss wipes off Nestlé Nigeria’s capital base — first in years
Nestlé Nigeria Plc rolled in a net loss of N79 billion from the 2023 operations, as huge net foreign exchange (FX) losses of N195 billion wiped off the company’s capital base and dug a hole of N78 billion in the…
One million amendments can’t cure weaknesses of 1999 constitution – Mike Ozekhome
Mike Ozekhome, a senior advocate of Nigeria (SAN), says “one million amendments” cannot cure the weakness of the 1999 constitution (as amended). Ozekhome spoke on Monday during a national constitutional dialogue in…
Millwater promoters at war over juicy electricity deal with NDPHC
Promoters of Millwater Limited, an energy solutions service firm, are embroiled in a legal fight over juicy electricity deals with the Niger Delta Power Holding Company (NDPHC). In May 2023, TheCable had reported a…
Abuja indigenes knock Wike, threaten to withdraw support for Tinubu in 2027
Some indigenes of the Federal Corporal Territory have threatened to withdraw their support for President Bola Tinubu over FCT minister, Nyesom Wike’s recent appointments. This is even as some chieftains of the ruling…
Kidnapped northern traditional ruler found dead
The village head of Riruwai in Lame District of Bauchi Emirate in Toro Local Government Area of Bauchi State, Alhaji Garba Badamasi, has been found dead. The traditional ruler was earlier kidnapped by gunmen who invaded…
Tinubu’s govt moves to create 500,000 new jobs
President Bola Tinubu’s government is set to create at least 500,000 new jobs for the teeming unemployed youths in the country. This is sequel to a new partnership with the U.S. Cybersecurity Institute, Lab Four, to…
Kwankwaso pays solidarity visit to suspended Bauchi senator, Abdul Ningi
Senator Rabi’u Musa Kwankwaso, the New Nigeria Peoples Party presidential candidate in the 2023 general elections, has paid a solidarity visit to suspended Senator Abdul Ahmed Ningi. Senator Ningi, representing Bauchi…
Borno youths beg President Tinubu to pardon and release suspended DCP Abba Kyari
A youth forum in Borno State has issued an appeal to President Tinubu, calling for the pardon and release of suspended Deputy Commissioner of Police (DCP) Abba Kyari. The forum stated that the detained police officer has…
Why the Internet blackout is a suspicious occurrence
There is every reason to be concerned about last week’s internet outage, which mainly affected some of Africa’s major trading blocs: Ghana, Nigeria, South Africa, Liberia, and Côte d’Ivoire. The internet blackout is…
Naira’s outlook is brightening as Citi, Goldman, StanChart say expect 25% rebound of currency
Nigeria’s prolonged battle to stabilize its currency is finally bearing fruit, with analysts now forecasting the battered naira could rebound sharply before the end of the year. Analysts at Goldman Sachs Group Inc,…
Nigeria can’t overcome woes under presidential system — Aregbesola
Rauf Aregbesola, the former minister of interior, says Nigeria cannot overcome its woes in the current executive presidential system. Aregbesola identified the presidential system as the genesis of the problems…
Security agents know bandits’ hideouts, they follow me to negotiate with them — Gumi
Ahmad Gumi, a controversial Kaduna-based Islamic cleric, said security agents know the hideout of bandits terrorising Nigerians, particularly in the northern parts of…
DHQ releases names, photos of soldiers killed in Delta attack
The identities of the Nigerian Army commander, three officers, and 12 soldiers who were killed by attackers in Delta community have been revealed. The Defence Headquarters shared their photos and names on X account on…
Six pivotal battlegrounds in 2024 US presidential election
President Joe Biden and his predecessor, Donald Trump, clinched enough support last week to become the standard-bearers for their parties in November’s presidential election. Under the US Constitution, each of the 50…