Tuesday, August 14, 2018
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    EXCLUSIVE: Three northern APC governors heading to PDP

EXCLUSIVE: Three northern APC governors heading to PDP

Three northern governors elected on the platform of the All Progressives Congress (APC) are on their way to the Peoples Democratic Party (PDP) any moment from now, TheCable understands.As many as 30 senators and 70 members of the house of representatives are expected to follow suit before the national assembly goes on recess in the next two weeks.The potential defectors [...]

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    Abacha Loot: AGF Malami frustrates probe of $17m lawyers’ fee

Abacha Loot: AGF Malami frustrates probe of $17m lawyers’ fee

Abubakar Malami, attorney-general of the federation (AGF), has resorted to delay tactics to frustrate house of representatives' investigation of the $17 million lawyers' fee for the recovery of $321 million Abacha loot, TheCable has gathered. Apart from refusing to provide the documents requested by the ad-hoc committee set up by the house, Malami has also decided to use the courts to stall the [...]

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    OBITUARY: Adamu Ciroma, the historian ‘mistakenly’ appointed CBN governor by Murtala

OBITUARY: Adamu Ciroma, the historian ‘mistakenly’ appointed CBN governor by Murtala

Check out the CV of Adamu Ciroma. Former editor and managing director of New Nigerian. Former governor of the Central Bank of Nigeria (CBN). Two-time presidential aspirant. Former minister of trade and industry. Former minister of agriculture. Former minister of finance.And did you know that Ukpabi Asika and Uche Chukwumerije were his classmates at the University of Ibadan? Did you [...]

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    ‘We buried many people inside their rooms’ — untold stories of Plateau attacks

‘We buried many people inside their rooms’ — untold stories of Plateau attacks

The day began with high hope; bright morning; good weather – the perfect kind for farming. Irimya Moses left for her farm like some other villagers in Exland, Barkin Ladi local government area of Plateau state, with no slightest knowledge she would not be returning alive.  She had spent barely two hours there when around 1pm she was rounded up [...]

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    VIDEO: Depriving Fulani of their indigenous rights won’t help Nigeria, says Miyetti Allah

VIDEO: Depriving Fulani of their indigenous rights won’t help Nigeria, says Miyetti Allah

The Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) has accused some communities of depriving herdsmen their indigenous rights, saying this has contributed to the crisis surrounding herdsmen and farmers across the country.In various states including Benue, Plateau and Zamfara, clashes between the herders and farmers/locals as well as attacks by suspected herders have led to the death of hundreds, [...]

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    THE INSIDER: How Oni’s supporters plotted disqualification suit against Fayemi

THE INSIDER: How Oni’s supporters plotted disqualification suit against Fayemi

Segun Oni, the runner-up in the All Progressives Congress (APC) Ekiti state governorship primary, may, indeed, still be heading to court to challenge Kayode Fayemi’s candidacy.TheCable had on Monday night reported that a suit was filed by Oni's lawyer at the federal high court in Abuja to challenge the legality of Fayemi, former minister of mines and steel, as the [...]

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    Fake news booming in Ekiti — six false reports around guber poll

Fake news booming in Ekiti — six false reports around guber poll

Election periods are known to be exploited as avenues to peddle fake news—usually aimed at discrediting opponents and discouraging the electorate from voting for them.In the buildup to the July 14 gubernatorial election in Ekiti state, a lot of false campaigns have surfaced on social media, with Kayode Fayemi, candidate of the All Progressives Congress (APC), often being the subject [...]

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    nPDP crisis, fallout of congresses — five issues APC ought to have resolved before convention

nPDP crisis, fallout of congresses — five issues APC ought to have resolved before convention

The elective national convention of the All Progressives Congress (APC) is hours away. The exercise comes less than eight months to the 2019 elections. Despite attempts to create the impression that all is well, the party is going into the convention more divided than it has ever been.Enmeshed with tales of factions, fears of defection and bottled-up grievances.Whether the party [...]

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    First Nyame, now Dariye. Who is the next big fish going to jail?

First Nyame, now Dariye. Who is the next big fish going to jail?

Cases of former governors, who have been on corruption trial since 2007, have lingered in courts without meaningful convictions. But things are changing. Two of them, Joshua Dariye (Plateau) and Jolly Nyame (Taraba), have been sentenced to prison without an option of fine.On May 30, Jolly Nyame, former governor of Taraba state, was sentenced to 14 years in prison by [...]

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    AT A GLANCE: Enugu airport, 2nd Niger Bridge… major projects affected by n’assembly’s cuts

AT A GLANCE: Enugu airport, 2nd Niger Bridge… major projects affected by n’assembly’s cuts

President Muhammadu Buhari on Wednesday signed the 2018 budget into law, eight months after he presented the proposal to the national assembly.In his budget signing speech, the president said the national assembly reduced the provisions for some projects and added 6,403 projects of their own to the budget.The provisions for the National Housing Programme, Mambilla power plant, Second Niger Bridge, [...]

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Exchange Rates

August 10, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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