Thursday, November 15, 2018
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    PDP loses its only state in south-west as Fayemi defeats Olusola

PDP loses its only state in south-west as Fayemi defeats Olusola

The All Progressives Congress (APC) is now fully in control of the south-west region as Kayode Fayemi, its candidate in the 2018 governorship election in Ekiti state, has emerged winner.Fayemi defeated Kolapo Olusola, the incumbent deputy governor of the state, who ran under the Peoples Democratic Party (PDP).Unlike the last governorship election in the state when he lost in all [...]

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    PHOTOS: Fayose ‘collapses as police fire teargas’ into govt house

PHOTOS: Fayose ‘collapses as police fire teargas’ into govt house

Ayodele Fayose, governor of Ekiti state, reportedly lost consciousness on Wednesday after policemen allegedly fired teargas into the government house in Ado-Ekiti, the state capital.Lere Olayinka, spokesman of the governor, said his principal was taken to government house clinic after the incident.A combined team of security operatives from the Department of State Services (DSS) and Nigeria Police Force, laid siege [...]

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    EXTRA: ‘Nobody has monopoly of stupidity’—Yahaya Bello goofs at APC rally

EXTRA: ‘Nobody has monopoly of stupidity’—Yahaya Bello goofs at APC rally

Yahaya Bello, governor of Kogi, on Tuesday goofed while addressing the gathering at the All Progressives Congress (APC) mega rally in Ekiti state.The state gubernatorial election is scheduled for July 14.Addressing the crowd, Bello said he would be in Ekiti during the election. He assured the people that they will not be intimidated.He said Ayodele Fayose, the state governor, is [...]

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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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    I can’t lose sleep over Galadima, says Oshiomhole

I can’t lose sleep over Galadima, says Oshiomhole

Adams Oshiomhole, national chairman of the All Progressives Congress  (APC),  says he cannot lose sleep over the breakaway faction of the ruling party.Describing members of the new faction as hired mercenaries, Oshiomhole said he had been engaging "real stakeholders" of the party as part of measures of resolving the crisis in APC.He disclosed this while addressing journalists at the national [...]

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    Ndume: If you criticise Buhari in Wuse market, you may not come out alive

Ndume: If you criticise Buhari in Wuse market, you may not come out alive

Ali Ndume, an All Progressives Congress (APC) senator, says President Muhammadu Buhari enjoys goodwill among many Nigerians.Dismissing reports that the current administration has lived below expectation, Ndume told critics of the president that the Nigerian leader is still popular.Ndume said Nigeria is lucky to have Buhari as president, adding that the president is doing all within his powers to pull [...]

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    Report: Nigeria overtakes India as world’s poverty capital

Report: Nigeria overtakes India as world’s poverty capital

Nigeria has now taken over as the nation with the highest number of extremely poor people, a report by Brookings Institution has shown.Before now, India used to hold the position with a population of 1.324 billion people as against Nigeria's 200 million.According to the report, the number of Nigerians in extreme poverty increases by six people every minute."According to our [...]

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    Buhari signs 2018 budget into law

Buhari signs 2018 budget into law

President Muhammadu Buhari has signed the 2018 appropriation bill into law.The presidency had submitted a proposal worth N8.612 trillion to the national assembly.Six months later, the national assembly increased the budget size to N9.12 trillion.In his budget signing speech made available on his Medium page, the president said he had hoped that the legislative process on the budget would be [...]

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    REVEALED: Israeli ex-minister ‘who spied for Iran’ lived in Nigeria

REVEALED: Israeli ex-minister ‘who spied for Iran’ lived in Nigeria

Israel's internal security service has indicted one of the country's former cabinet minister on suspicion of spying for Iran.In a statement on Monday, the Shin Bet security service said Gonen Segev, energy minister from 1995 to 1996, “was recruited by Iranian intelligence and served as an agent”.According to Reuters, the security service said Segev “had been living in Nigeria” and [...]

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    Babachir Lawal breaks silence on his probe by EFCC, relationship with Buhari

Babachir Lawal breaks silence on his probe by EFCC, relationship with Buhari

Babachir Lawal, sacked secretary to the government of the federation (SGF), says he's happy with his ongoing probe by the Economic and Financial Crimes Commission (EFCC).In October 2017, Lawal was relieved of his position amid allegations of corruption.A senate ad-hoc committee had in December 2016 indicted him of fraud in a contract awarded for the clearing of invasive plant species in [...]

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    Buhari declares June 12 Democracy Day, confers GCFR on Abiola

Buhari declares June 12 Democracy Day, confers GCFR on Abiola

The federal government has declared June 12 as the new date for the celebration of Nigeria's Democracy Day.The government announced this on Wednesday, saying it is to honour late MKO Abiola, the presumed winner of the June 12, 1993 presidential election.The government also awarded Abiola with the Grand Commander of the Federal Republic (GCFR) honour.A statement signed by President Muhammadu [...]

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    FULL LIST: Kano, Katsina have highest new police recruits

FULL LIST: Kano, Katsina have highest new police recruits

Kano and Katsina are the states with the highest newly recruited police officers, a list of successful applicants released by the Nigeria Police Force (NPF) has shown.About 37, 000 candidates from across Nigeria had written the examination for the 2018 police constable recruitment, and only 5, 233 were shortlisted.Kano has 308 candidates, followed by Katsina with 238.Oyo is in a [...]

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    SHOCKER: Buhari says age limit of senators, govs not reduced in ‘Not Too Young To Run’ law

SHOCKER: Buhari says age limit of senators, govs not reduced in ‘Not Too Young To Run’ law

The 'Not too young to run' bill does not affect age limit of senators and governors in the country.This was disclosed by President Muhammadu Buhari who signed the bill into law on Thursday.The bill seeks to reduce age qualification to hold elective office in the country.The age bracket for those seeking election into state houses of assemblies will be reduced [...]

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    DISCLAIMER: Beware of TheCable imitations

DISCLAIMER: Beware of TheCable imitations

The management of Cable Newspaper Limited wishes to alert readers to the existence of websites apparently passing off as TheCable.Although we do not dispute the right of any individual or organisation to operate under similar names since no law appears to have been broken, we are worried that many readers have been sharing and re-sharing some stories under the impression [...]

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    Falana to senate: Accept my sympathy, you lack power to summon IGP

Falana to senate: Accept my sympathy, you lack power to summon IGP

Femi Falana, human rights lawyer, says the senate "did not get it right" by tagging Ibrahim Idris, inspector-general of police (IGP), "an enemy of democracy".Following Idris’ failure to appear before the senate on three different occasions, the upper legislative chamber said he is unfit to hold any public office.The IGP had been summoned over the growing insecurity in the country and [...]

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    EXCLUSIVE: US blocks lawyers from taking a cut on $500m Abacha Loot

EXCLUSIVE: US blocks lawyers from taking a cut on $500m Abacha Loot

The United States says it will only deal with Nigeria on a government-to-government basis for the restitution of $500 million Abacha Loot, senior presidency sources have informed TheCable.Officials of the US department of justice (also known as DoJ), according to the sources, told President Muhammadu Buhari pointblank during his visit to the US that they would not deal with any [...]

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Exchange Rates

November 13, 2018USDGBPEUR
INTERBANK306397354
LAGOS359475418
KANO359476420
PH360476420
ABUJA359478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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