BREAKING: DSS officers, prison officials fight over custody of Emefiele
Earlier Today, the federal high court in Ikoyi, Lagos, granted Emefiele N20m bail and one surety in like sum.
However, DSS operatives insisted on taking away the suspended CBN governor into their custody.
BREAKING: Tinubu loses Gbajabiamila's polling unit to Labour Party
Location: Surulere, Ward 08, PU 014
APC: 69
LP: 89
PDP: 05
NNPP: 01
#NigeriaElections2023
#NigeriaDecides2023
FULL LIST: Lagos beats Dubai, Miami, ranked 19th out of 50 best cities in 2024
1. New York City, US
2. Cape Town, South Africa
3. Berlin, Germany
4. London, UK
5. Madrid, Spain
6. Mexico City, Mexico
7. Liverpool, UK.
8. Tokyo, Japan
9. Rome, Italy
10. Porto, Portugal
11. Paris,
FULL LIST: Covenant University is Nigeria’s best varsity in THE ranking for 2024
1. Covenant University
2. University of Ibadan
3. Federal University of Technology, Akure
4. University of Lagos
5. Bayero University
6. University of Ilorin
7. University of Nigeria
8. Afe Babalola
REVEALED: Tinubu’s economic council member behind petrol imports from Malta, Russia
Nigeria was awash with news recently about the quantum leap in the quantity of fuel imports from Malta after revelations by Aliko Dangote, chairman of Dangote Petroleum Refinery.
In 2023,
ICYMI: Kano state generated N24bn VAT in the first eight months of 2021 — more than ALL south-east states
Kano State: N24.4 billion
South-east region: N21.23 billion
Lagos state top the chart with N421.2 billion generated VAT.
#TheCableIndex
Takeaways from Dangote’s press conference
1. "Our refinery will eliminate all fuel queues in Nigeria"
2. "Our refinery will show the true consumption of Nigeria using our tracker"
3. The Dangote refinery has officially commenced the production of petrol
4. Aliko Dangote
BREAKING: Herbert Wigwe, the group chief executive officer of Access Holdings Plc, was involved in a helicopter crash in the United States, on Friday, TheCable understands.
Wigwe, his wife and son were in the helicopter when it crashed in California near the Nevada border, as
BREAKING: The Central Bank of Nigeria has finally extended the deadline for the exchange of old naira notes by 10 days.
The new deadline is February 10, 2023.
#TheCableIndex
BREAKING: President Muhammadu Buhari has given Adamu Adamu, minister of education, two weeks to resolve issues of contention regarding the strike by the Academic Staff Union of Universities (ASUU).
#TheCableIndex
JUST IN: The All Progressives Congress (APC) presidential screening committee has been asked to disqualify Bola Tinubu, a former Lagos governor, over “questionable educational qualifications”.
#TheCableIndex
Average price of petrol per litre across states and the FCT as at July 2024
1. Katsina: N950
2. Jigawa: N903
3. Benue: N847
4. Osun: N842
5. Borno: N829
6. Taraba: N827
7. Kebbi: N822
8. Bauchi: N816
9. Adamawa: N810
10. Gombe: N809
11. Oyo: N809
12. Yobe: N801
13. Abia: N797
Nyesom Wike, governor of Rivers, is reportedly meeting with Bola Tinubu, presidential candidate of the All Progressives Congress (APC), in Paris, France.
#TheCableIndex
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According to the NBS, the following 18 states failed to attract foreign investment in three years (2021 – 2023)
1. Bauchi
2. Bayelsa
3. Benue
4. Borno
5. Cross River
6. Ebonyi
7. Edo
8. Enugu
9. Gombe
10. Imo
11. Jigawa
12. Kaduna
13. Kebbi
14. Nasarawa
15. Sokoto
16. Taraba
17.
What to know about electricity service bands
Band A: Minimum of 20hrs/day
Band B: Minimum of 16hrs/day
Band C: Minimum of 12hrs/day
Band D: Minimum of 8hrs/day
Band E: Minimum of 4hrs/day
#TheCableIndex
UPDATE:
#Nigeria
has traded over $566 million in
#Bitcoin
in five years on a single platform
US - $3,755,463,837
Nigeria - $566,668,692
China - $181,329,392
Canada - $131,108,721
UK - $119,440,278
Source: QZ Africa
#TheCableIndex
@cenbank
BREAKING: Former President Olusegun Obasanjo has endorsed Peter Obi of the Labour Party (LP) for the presidency.
He made the endorsement on Sunday in his New Year message to Nigerians.
#TheCableIndex
BREAKING: The Nigeria Immigration Service (NIS) says Ukpo Nwamini David, the kidney donor in the trial of Ike Ekweremadu, former deputy senate president, is actually 21 years old — not 15.
#TheCableIndex
Checks by TheCable in June 2022 had shown that $12.24 million was invested in International Breweries at the time, and the amount was now worth less than $6 million.
#TheCableIndex
BREAKING: Peter Obi, the presidential candidate of the Labour Party (LP), has won the presidential election in Lagos state.
#TheCableIndex
#NigeriaElections2023
BREAKING: Kaduna State Governor, Sen. Uba Sani says Elrufai’s administration left behind huge debt burden of 587 million Dollars, 85 billion Naira in debt in the state.
“Despite the huge debt burden of 587 million Dollars, 85 billion Naira, and 115 Contractual Liabilities sadly
BREAKING: President Muhammadu Buhari says there will be no imposition of presidential candidate on the All Progressives Congress (APC) for the 2023 elections.
#TheCableIndex
JUST IN: Datti Baba-Ahmed loses his polling unit to PDP
PDP secured 102 votes to win the polling unit, followed by the All Progressives Congress (APC) with 98 votes.
The LP came third with 54 votes, while the NNPP secured 11 votes.
#NigeriaElections2023
EXCLUSIVE: President Bola Tinubu has approved a request by the Nigerian National Petroleum Company (NNPC) Ltd to utilise the 2023 final dividends due to the federation to pay for petrol subsidy, TheCable can report.
The president also approved the suspension of the payment of
BREAKING: President Bola Tinubu has nominated Yemi Cardoso as the new governor of Central Bank of Nigeria (CBN).
He has also nominated four new deputy governors, namely Emem Nnana Usoro, Muhammad Sani Abdullahi Dattijo, Philip Ikeazor and Bala M. Bello.
#TheCableIndex
FULL LIST: Deposit money banks (DMBs) in Nigeria
🟥Commercial banking licence with INTERNATIONAL authorization
1. Access bank
2. Fidelity bank
3. First City Monument Bank
4. First Bank
5. Guaranty Trust Holding Company
6. United Bank for Africa
7. Zenith Bank
🟥Commercial
BREAKING: Mahmood Yakubu, chairman of the Independent National Electoral Commission (INEC), says sensitive election materials will no longer be “routed” through the Central Bank of Nigeria (CBN).
#TheCableIndex
The much-anticipated presidential election is 13 days away.
TheCable Index highlights the plans of four leading contenders in the presidential race in the areas of security, education, healthcare, and the economy, among others.
On Education
#TheCableIndex
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The United States (US) has authorised the evacuation of “non-emergency” employees and their family members in Nigeria.
The US state department announced the approval in an update on its Nigeria travel advisory on Tuesday evening.
#TheCableIndex
JUST IN: "It will take a miracle for Labour Party with no structure in the grassroots to win the presidency. In the north 90% of our people are not in tune to Social media." Atiku Abubakar
#TheCableIndex
POLL: Which party will you vote for if:
1. Atiku Abubakar is on the PDP ticket
2. Goodluck Jonathan is on the APC ticket?
#TheCableIndex
#TheCableIndexPoll
JUST IN: Nyesom Wike, the new minister of the FCT, says any house built in contravention of the city’s masterplan will be demolished.
Wike said this immediately after he was inaugurated as one of President Bola Tinubu’s ministers on Monday.
#TheCableIndex
List of digital loan companies shut down by FG over ‘customer privacy violation'
1. GoCash
2. OKash
3. EasyCredit
4. Kashkash
5. Speedy Choice
6. Easy Moni
7. Sokoloan.
#TheCableIndex
Nigeria's foreign reserves sheds $2.16bn in 29 days
March 18: $34.45bn
March 19: $34.39bn
March 20: $34.32bn
March 21: $34.26bn
March 26: $33.95bn
March 27: $33.89bn
March 28: $33.83bn
April 2: $33.57bn
April 3: $33.51bn
April 4: $33.43bn
April 5: $33.36bn
April 8: $33.04bn
AS IT STANDS: Chijioke Edeoga, Labour Party's governorship candidate, has won eight out of 17 LGAs in Enugu.
APC: 6,766
APGA: 4,196
LP: 56,952
NNPP: 742
PDP: 50,368
#TheCableIndex
#INECElectionResults
APC retains control of national assembly
Senate
APC: 57 seats
PDP: 28 seats
LP: 6 seats
98 out of 109 seats have been declared.
House of representatives
APC: 162 seats
PDP: 102 seats
LP: 34 seats
325 out of 360 seats have been declared.
<INEC>
#TheCableIndex
JUST IN: The Central Bank of Nigeria (CBN) has directed all banks to stop the use of foreign currency-denominated collaterals for naira loans.
#TheCableIndex
FULL LIST: Nigeria's best universities for 2024
1. Covenant University
2. University of Ibadan
3. Federal Univ of Tech, Akure
4. University of Lagos
5. Bayero University
6. University of Ilorin
7. University of Nigeria, Nsukka
<Times Higher Education>
#TheCableIndex
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Most Used Social Media Platforms in Nigeria
WhatsAPP: 93%
Facebook: 86.2%
Youtube: 81.6%
Instagram: 73.1%
Facebook Messenger: 67.2%
Twitter: 61.4%
Telegram: 56.3%
<DataReportal>
#TheCableIndex
BREAKING: CBN begins sale of dollars to BDCs at N1,101/$1
1. $10,000 FX to be sold to each eligible Bureau De Change (BDC) at N1,101/$
2. All BDCs are allowed to sell to end-users at a margin NOT MORE THAN 1.5% above the purchase rate from CBN.
In other words:
BDCs are to
Emefiele: We’ve collected N1.9trn old naira notes so far — N900bn more to go
October 2022
Circulation: N3.23trn
Banking Industry: N500bn
People's Homes: N2.7trn
January 2023
Circulation: N3.23trn
Banking Industry: N2.4trn
People's Homes: N900bn
#TheCableIndex
EXCLUSIVE: The Federation Account Allocation Committee (FAAC) has accused the Nigerian National Petroleum Company (NNPC) of using an exchange rate lower than the Central Bank of Nigeria (CBN) official rate for the sale of domestic crude oil between 2015 and 2022.
#TheCableIndex