TheCable News

The Commonwealth Games Federation (CGF) has stripped Nigeria of the gold medal won in the women’s 4×100 meters event at Birmingham 2022. The quartet of Tobi Amusan, Favour Ofili, Rosemary Chukwuma and Grace Nwokocha claimed gold in the 4×100 meters race during last year’s Commonwealth Games (CWG). Nwokocha, who ran the anchor leg […]

President Bola Ahmed Tinubu on Friday received Akinwunmi Ambode, a former governor of Lagos, at the Aso Villa. The meeting was the second time for both leaders since Tinubu became Nigerian president on May 29. Ambode, who was the governor of Lagos between 2015 and 2019, was present when the state government […]

President Bola Tinubu will travel to Nairobi, Kenya, on Saturday to participate in the fifth mid-year coordination meeting (5thMYCM) of the African Union (AU), the regional economic communities (RECs), the regional mechanisms (RMs), and the AU member states. On July 9, Tinubu was elected as chairman of the Economic Community of West African […]

A trainer aircraft of the Nigerian Air Force (NAF) has crashed in Markurdi, the Benue state capital. In a statement by Edward Gabkwet, NAF spokesperson, the trainer aircraft came down during routine training on Friday. Gabkwet said no death was recorded but two pilots who were on board are currently receiving treatment […]

The UK government says the state-funded national health service (NHS) will increase from £624 per year to £1,035 per year.  According to the government, the cost of study visas is to also go up by 15 percent (from £363 to £417) and work visas by 20 percent (from £1,235 to £1,482 for a […]

Wema Bank has lifted the suspension of international transactions on naira cards. In a note sent to its customers on Friday, the financial institution said it has imposed a $500 monthly limit on international spending conducted through its naira cards. Last year, many commercial banks in the country prohibited the use of […]

Standard Chartered Plc says it has reached an agreement to sell its subsidiaries in sub-Saharan Africa to Access Bank, a subsidiary of Access Holdings. The multinational bank made this known in a statement released on Friday. In April 2022, Standard Chartered had said it would fully exit operations in seven countries in […]

The presidential election court has reserved judgement in the petition filed by the Allied Peoples Movement (APM) against the election of President Bola Tinubu. The five-member panel of the court led by Haruna Tsammani, adjourned for judgement on Friday, after all the parties adopted their final briefs.  In the petition marked CA/PEPC/04/2023, […]

The Nigerian Electricity Regulatory Commission (NERC) says eleven distribution companies (DisCos) have applied for a review of tariff rates.  The commission communicated the development in a notice issued on Friday.  NERC said the application for tariff review is based on the need to “incorporate changes in macroeconomic indices” and other factors affecting […]