30 results
- 19 Jan 2018
9mobile: Airtel Pulls Out of Bid as Glo, Helios Fail to Name Price
Airtel Nigeria did not submit a final bid for 9mobile despite being on the shortlist of five, according to TheCable. Also, although Globacom and Helios Investment Partners LLP submitted bids,…
- 31 Dec 2017
NCC Extends Sale of 9mobile
The sale process of 9mobile will now be concluded on January 16, 2018 following an approval of the extension of the deadline by the Nigerian Communications Commission (NCC), TheCable can report.…
- 16 Dec 2018
Access Bank Acquires Diamond Bank
Access Bank has finally acquired Diamond Bank, and the official announcement of the transaction will be made in the course of the week by the Central Bank of Nigeria (CBN), according to TheCable.…
- 16 Sept 2021
CBN Repoterdly InvestigatingAdedotun, abokiFX Founder, for ‘Illegal’ Forex Trading
Central Bank of Nigeria (CBN) is investigating Oniwinde Adedotun, the founder of abokiFX. TheCable quoting sources within the CBN reported that Adedotun and abokiFX Limited are currently under…
- 26 Sept 2014
Boko Haram Releases Pregnant, Mentally Ill Chibok Girl
Dr. Pogu Bitrus, national chairman of Chibok Community Development Association, said that the abducted “Chibok girl” released on Wednesday is “pregnant and mentally ill”. He however told TheCable…
- 20 Jun 2015
Joda Committee Recommends 19 Ministers for Buhari
The All Progressives Congress (APC’s) transition committee led by Ahmed Joda has advised President Muhammadu Buhari to cut down the number of federal ministries to 19. According to TheCable, an…
- 5 Feb 2018
Egmont May Expel NFIU, Blacklist Nigerian Credit Cards
Nigerians may no longer be able to carry out international transactions as Egmont Group is considering expelling the Nigerian Financial Intelligence Unit (NFIU) because of governance issues. …
- 1 Aug 2017
Skye Bank Asks FG to Seize Ntel, Discos, Says Ex-MD Wreaked Havoc
Management of Skye Bank Plc has written to Acting President Yemi Osinbajo, detailing how Tunde Ayeni, chairman of the bank between 2010 and 2016, allegedly wrecked the financial institution,…
- 4 Aug 2017
Ex-Skye Bank Boss Pumps N7Bn into Jonathan’s Re-election Bid
The Skye Bank Plc management has accused, Tunde Ayeni, former Chairman of the banks of owing it and other lenders about N200 billion. The bank claimed that out of the amount, N7 billion, from a N33…
- 17 Jul 2019
MTN Bars Staff from HQ over Threats by NANS to Disrupt Operations
Management of MTN Nigeria has directed staffs to stay away from its headquarters in Lagos today in case the National Association of Nigerian Students (NANS) and some other youth-based groups make…
- 12 Dec 2014
Buhari Picks Tinubu as Running Mate
Muhammadu Buhari, presidential candidate of the All Progressives Congress (APC), has reportedly conceded the slot picking of his running mate to Bola Tinubu, national leader of the party, according…
- 6 Jul 2015
Buhari Sacks CSO for “Shady Deals”, Leaking Info to Diezani
President Muhammadu Buhari has fired Abdulrahman Mani, his chief security officer (CSO), over what insiders described as “shady deals” in fixing appointments and for “undermining” the president. Mani…
- 6 Jul 2017
Confusion as Customs Claim Nigerians Win eAuctions in Lifeless Website
Nigeria Customs Service (NCS), said that 43 people have won the bidding of vehicles in the first 48 hours of the newly launched e-auction platform, though the portal is still not functional as at the…
- 8 Oct 2020
Ex-MD of Alpha-Beta Alleges Fraud, Tax Evasion as Court Summons Tinubu
Oladapo Apara, former managing director of Alpha-Beta Consulting, has filed lawsuit alleging that the company has been diverting billions of naira from the coffers of the Lagos state government since…
- 8 May 2019
EFCC Probes FIRS Staff over Fraudulent Payments
Economic and Financial Crimes Commission (EFCC) has launched a probe into the activities of some staff of the Federal Inland Revenue Service (FIRS). Babatunde Fowler, FIRS chairman, confirmed…
- 5 Jan 2018
IPOB Launches Hausa Radio Service
The Indigenous People of Biafra (IPOB) has launched “Radio Nigeria Hausa service”. The group made this known in a statement issued on Thursday by Emma Powerful, its spokesman. It said…
- 30 Jan 2020
NCC Slams N2.9Bn Fines on Telcos for Data Renewal, Unsolicited Messages
Nigerian Communications Commission (NCC) has slammed a total fine of N2.9 billion on the four major telecommunications companies in the country for flouting the directives on automatic data renewal,…
- 25 Feb 2020
NIMC to Register al Nigerians in 5 Years
National Identity Management Commission (NIMC) has set a target of capturing the entire population on its database within the next three to five years, thanks to the World Bank credit of $430 million…
- 24 Jul 2020
Nigeria to Lose N2Bn if FG Shuts Down Big Brother Naija
The Nigerian economy will lose some N2 billion if the federal government goes ahead with the rumoured move to take Big Brother Naija (BBN) off the air. It was reported that Lai Mohammed, minister of…
- 28 Jul 2025
FG Asks Banks to Report Individuals with N25m Monthly Transactions to FIRS
Federal government has mandated banks and financial institutions to begin reporting monthly transactions exceeding N25 million for individuals and N100 million for firms to the tax authorities. Under…
- 11 Apr 2021
FG Printed N60Bn to Share in March- Obaseki
Godwin Obaseki, Edo State governor, has said Nigeria is in “huge financial trouble” with the way the economy is run. Godwin Obaseki Obaseki lamented that Nigeria was the only country in the world…
- 7 May 2021
Aig-Imoukhuede Claims Access Bank Designed MTN‘s Winning Business Model
Aigboje Aig-Imoukhuede, former group managing director of Access Bank and founder of Africa Initiative for Governance (AIG), has revealed how the lender created a winning business model for MTN in…
- 21 Oct 2014
Boko Haram Demands Presidential Pardon
Members of the Boko Haram sect have asked the Federal Government to grant them presidential pardon under the ceasefire deal which the two parties reached last Friday. They also sought the immediate…
- 17 Sept 2021
eNaira: CBN to Own Major Stake in Bitt Inc- Emefiele
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the apex monetary authority will own a majority stake in Bitt Inc., its technical partner for digital currency, eNaira. Emefiele…
- 19 Dec 2021
CBN Warns Banks against Excess Charges, Illegal Debits
Central Bank of Nigeria (CBN) has warned banks in Nigeria to desist from multiple and indiscriminate charges and debits on customers’ accounts. The apex bank also asked affected customers to apply…
- 28 Jul 2022
5 Nigerian Firms Among 34 Recipients of 3rd Google News Initiative Challenge
Google has announced 34 recipients of the third Google News Initiative (GNI) Innovation Challenge drawn from Africa, Middle East, Israel & Turkey. The recipients, among them 21 journalists and…
- 17 Sept 2022
MTN-MIP Fellows Begin Study-Trip to University of Witwatersrand, South Africa
After four months of intensive training at the School of Media and Communications (SMC) and Lagos Business School, Pan-Atlantic University (PAU), the MTN Media Innovation Programme (MIP) Fellows have…
- 25 Jan 2024
TB Joshua’s Emmanuel TV’s Removal by MultiChoice on Mutual Agreement—Report
A fresh report has it that the removal of Emmanuel TV by MultiChoice, owners of DStv and GOtv, was based on mutual agreement. There had been speculations in the social media space that the channel…
- 26 May 2025
MTN Nigeria, Pan-Atlantic University Kick Off Fourth Cohort of Media Innovation Programme
MTN Nigeria, in partnership with the School of Media and Communication, Pan Atlantic University, has announced the fourth cohort of the Media Innovation Programme (MIP), welcoming 20 outstanding…
- 16 Mar 2018
Law Firm Asks NiRA to Shut Down Daily Times Website
Ikechukwu Obiorah Chambers, a law firm, has accused Folio Communications Limited of illegally publishing the Daily Times newspaper (DTN). Cable reported that, the firm has asked The Nigeria…