Aderemi Ojekunle
TheCable
Nigeria
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Past articles by Aderemi:
Sam Bankman-Fried, former FTX CEO, arrested in Bahamas
Sam Bankman-Fried, former chief executive officer (CEO) of FTX, has been arrested in the Bahamas. FTX was an exchange platform that investors used to trade cryptocurrency for other assets, including → Read More
MTN Nigeria speeds up revenue further in Q3 to N1.5trn
MTN Nigeria Plc achieved further accelerated growth in sales revenue from N471 billion in the first quarter, N479 billion in the second and N506 billion in the third, which add → Read More
Elon Musk restores Trump’s Twitter account — nearly two years after ban
Twitter has reinstated the account of Donald Trump, former US president. The account was restored after Elon Musk, Twitter CEO and new owner, posted a poll on Twitter on Friday → Read More
Buhari to flag off first crude oil drilling in northern Nigeria
President Muhammadu Buhari will flag off the validation phase of the first integrated Oil Development project in northern Nigeria on Tuesday. TheCable understands that the event will take place at → Read More
'86m in north, 47m in south'
The National Bureau of Statistics (NBS) says 133 million Nigerians are multidimensionally poor. Multidimensional poverty... → Read More
World population hits 8 billion
The United Nations Department of Economic and Social Affairs says the global population has reached an estimated 8 billion. → Read More
THE INSIDER: AMCON debtors to be barred from government contracts, projects
The federal government will bar recalcitrant debtors owing Asset Management Corporation of Nigeria (AMCON) from doing business with ministries, departments and agencies (MDAs) or benefitting from public contracts and projects. → Read More
Remita named payment service provider of the year
The Central Bank of Nigeria (CBN) has named Remita Payment Services Limited (RPSL), a subsidiary of fintech group Systemspecs Limited, as a payment service provider of the year. In a → Read More
Nigeria's low tax revenue undermines ability to tackle global shocks, says IMF
The International Monetary Fund (IMF) has asked the Nigerian government to improve domestic revenue mobilisation to withstand global economic shocks. Paulo Medas, division chief, fiscal affairs department, IMF, said this → Read More
Zainab Ahmed: FG considering additional borrowing from IMF, debt restructuring
Zainab Ahmed, minister of finance, budget and national planning, says the federal government is considering tapping into the newly created fund by the International Monetary Fund (IMF). Ahmed said this → Read More
Make clear policy decisions to control inflation, IMF tells Nigeria
The International Monetary Fund (IMF) has advised Nigeria and other countries to make clear policy decisions for price stability amid rising inflationary pressures. The Bretton Wood institution said Nigeria’s inflation → Read More
BREAKING: IMF downgrades Nigeria’s 2022 growth prospect
The International Monetary Fund (IMF) has downgraded Nigeria’s economic growth projection to 3.2 percent in 2022. The development is 0.2 percentage points lower than the 3.4 percent projected in its → Read More
AT A GLANCE: World Bank, China... here are Nigeria's top five creditors
The International Development Association (IDA) is Nigeria’s single biggest creditor, with a portfolio worth $12.57 billion, according to Debt Management Office (DMO) latest figures. IDA, a member of the World → Read More
Buhari appoints Aminu Umar-Sadiq as MD/CEO of NSIA
President Muhammadu Buhari has approved the appointment of Aminu Umar-Sadiq as the managing director and chief executive officer (MD/CEO) of the Nigeria Sovereign Investment Authority (NSIA). The president also appointed → Read More
EXCLUSIVE: Nigeria's revenue dropped to N885bn in August
The federation’s revenue dropped by N371 billion to N885.5 billion in August 2022, the lowest in three months. In the last two months, the country’s revenue crossed N1 trillion — with N1.22 → Read More
EXCLUSIVE: Nigeria's revenue dropped to N885bn in August
The federation’s revenue dropped by N371 billion to N885.5 billion in August 2022, the lowest in three months. In the last two months, the country’s revenue crossed N1 trillion — with N1.22 → Read More
Ethiopian Air owns 49%, local investors 46%… FG releases details of Nigeria Air
Ethiopian Airlines (ET) consortium has been selected as the preferred bidder for Nigeria Air, owning 49 percent of the national carrier. Hadi Sirika, minister of aviation, said this during a → Read More
CIPM appoints Oluwatoyin Naiwo as registrar/chief executive
Chartered Institute of Personnel Management of Nigeria (CIPM) has appointed Oluwatoyin Naiwo as registrar and chief executive officer. → Read More
Nigeria is broke — it still feels like we’re in a recession, says Atiku
Atiku Abubakar, the presidential candidate of the Peoples Democratic Party (PDP), says Nigeria is currently being dressed in borrowed robes. Abubakar said the All Progressives Congress-led government has distorted the → Read More
BREAKING: At 972,394 bpd, Nigeria's oil output drops to record low
More worries for the Nigerian government as crude oil production dropped below the one million mark in August 2022. Checks by TheCable showed that oil output averaged 972,394 barrels per → Read More