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    FULL TEXT: The dissenting judgment that gave hope to Uzodinma

FULL TEXT: The dissenting judgment that gave hope to Uzodinma

The supreme court judgment upholding the election petition of Hope Uzodinma and installing him as the elected governor of Imo state on Tuesday, January 14, 2020, has been very controversial, especially as the full text of the verdict is yet to be made public.However, TheCable has reproduced below the dissenting judgment given by Frederick Oho at the court of appeal [...]

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    PROFILE: The serial record-breaker who would be CBN’s deputy governor

PROFILE: The serial record-breaker who would be CBN’s deputy governor

One Nigerian has been part of the day-to-day running of one of the world's biggest international lenders, the International Monetary Fund (IMF), and at the same time representing 23 African countries at the Bretton Woods institution -- while advising his country's president and central bank governor. Guess who? Kingsley Isitua Obiora. On Thursday, President Muhammadu Buhari nominated Obiora as the [...]

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    OBITUARY: Chukwuemeka Ike, the intellectual in royal garb who ‘chose 20 novels over £20m’ 

OBITUARY: Chukwuemeka Ike, the intellectual in royal garb who ‘chose 20 novels over £20m’ 

If you had your secondary school education in Nigeria, then you most probably read Chukwuemeka Ike’s The Bottled Leopard. The novel which tells the story of how Amobi, a schoolboy and the protagonist, was chosen to bear the mystical power of his lineage and inherited the leopard power of his ancestors, was among the popular works of literature usually recommended [...]

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    TheCable names Stella Adadevoh as ‘Nigerian of the Decade’

TheCable names Stella Adadevoh as ‘Nigerian of the Decade’

Samuel Ajayi Crowther. Herbert Macaulay. Nnamdi Azikiwe. And then Stella Ameyo Shade Adadevoh. This is one of the richest bloodlines in Nigeria's history, but we would never have known. Nothing links the names. One was a clergyman, the second an engineer, and the third a journalist. We would really not have known if Adadevoh had not earned her stripes all by herself. [...]

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    INTERVIEW: We want more Nigerian investors in Rwanda, says speaker of parliament

INTERVIEW: We want more Nigerian investors in Rwanda, says speaker of parliament

Donatille Mukabalisa, 59, is speaker of Rwandan parliament and leader of the opposition Liberal Party. In this interview with Temitope Ajayi in Kigali, she said her country is leading the world in area of gender equality and women participation in governance. She also spoke on the rise of Rwanda out of the ashes of Genocide in 1994 and the bilateral [...]

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    REPORTER’S DIARY: ‘Be at the station 3 hours before take-off’ — welcome to the new Lagos-Ibadan train test-run

REPORTER’S DIARY: ‘Be at the station 3 hours before take-off’ — welcome to the new Lagos-Ibadan train test-run

After beating Lagos traffic, I finally arrive at a place Google Maps called Iju Train Station -- it looked nothing like a train station. To the right was a middle-aged woman selling adequately roasted plantain, popularly known as boli. To my left were well-arranged tricycles, gently scouting for passengers. Soft work. There were no signs of rail tracks, but in the [...]

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    OBITUARY: Bonnke, firebrand evangelist who ‘encountered Christ’ after dipping hands into his mother’s purse

OBITUARY: Bonnke, firebrand evangelist who ‘encountered Christ’ after dipping hands into his mother’s purse

Like some biblical prophets who ask God for signs to show they are indeed called by Him, Reinhard Bonnke, too, would put his call to test at a time he thought of taking the evangelism work beyond Africa to America. A few days after praying to God for a sign, the German-born preacher was in a local church in Nigeria, when [...]

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    OBITUARY: Ajanaku, Nigeria’s first female LG chairperson imprisoned by Abacha for ‘attempted coup’

OBITUARY: Ajanaku, Nigeria’s first female LG chairperson imprisoned by Abacha for ‘attempted coup’

During the transition programme under the Olusegun Obasanjo administration in 1979, Obafemi Awolowo, first premier of the Western region, was to address some Nigerians in his hometown in Ikenne local government area of Ogun state. Among those who had joined the gathering was Titilayo Ajanaku, a former deputy state chairperson of the National Association of Nigerian Nurses and Midwives at [...]

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    EXCLUSIVE: Buhari blocks Malami-appointed agents over $2.15bn commission

EXCLUSIVE: Buhari blocks Malami-appointed agents over $2.15bn commission

President Muhammadu Buhari has terminated the debt recovery contract awarded to Trobell International Limited by Abubakar Malami, the attorney-general of the federation, because of the "incredible" commission to be paid, TheCable can report.Trobell was engaged by Malami to recover the estimated $43 billion unpaid arrears to Nigeria from the production sharing contracts (PSCs) with multinational companies -- and the commission was set [...]

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    FLASHBACK: In 2014, ex-militants accused Onyema, Kuku of using Amnesty funds to set up Air Peace

FLASHBACK: In 2014, ex-militants accused Onyema, Kuku of using Amnesty funds to set up Air Peace

On Friday, the United States department of justice announced that Allen Onyema, chief executive officer of Air Peace, one of the leading airlines in Nigeria, had been indicted for money laundering.The US authorities, which have reportedly issued warrant for Onyema's arrest, said he used several fraudulent letters of credit to American banks and initiated wire transfers to the tune of [...]

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Exchange Rates

January 20, 2019USDGBPEUR
INTERBANK306397354
LAGOS355444389
KANO354445370
PH355447412
ABUJA356454413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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