TheCable News

Zainab Ahmed, minister of finance, budget and national planning, says the federal government has no plans of suspending the removal of petrol subsidy. On Thursday, the minister had reportedly said the National Economic Council (NEC) agreed to temporarily suspend the removal of petrol subsidy. However, in a statement on Friday, Ahmed said […]

HH Capital Limited, a special purpose vehicle (SPV) owned by Tony Elumelu, the billionaire entrepreneur, has increased its stake in Transnational Corporation Plc (Transcorp) to 25.58 percent. According to a notice filed on the Nigerian Exchange Limited on Thursday, the company purchased additional 9,697,189,984 units of shares, bringing its total holdings in Transcorp […]

The United States says it has completed the $38 million upgrade of Nigeria’s Kainji air force base. In a statement on Friday, the US embassy said the improvement of the base was delivered as part of a larger $500 million US foreign military sale to Nigeria. At the inauguration ceremony of the […]

Salihu Lukman, vice-chairman of the All Progressives Congress (APC) in the north-west, has sued Abdullahi Adamu and Iyiola Omisore, the party’s national chairman and secretary. Lukman is praying the federal high court in Abuja to compel Adamu and Omisore to convene a meeting of the national executive committee (NEC) and present the party’s […]

The All Progressives Congress (APC) says it is yet to zone the 10th national assembly leadership positions. The ruling party was reacting to reports of the purported zoning arrangements making rounds on social media. In a statement on Thursday, Felix Morka, spokesperson of the APC, said the information circulated on social media […]

President Muhammadu Buhari says while the All Progressives Congress (APC) was working hard to retain the presidency, opposition parties were basking in the euphoria of “false hope”.  Bola Tinubu of the APC defeated Atiku Abubakar, candidate of the Peoples Democratic Party (PDP), and Peter Obi, Labour Party (LP) standard bearer, to win the […]

The supreme court has granted leave to the federal government to file nine new grounds of appeal against the release of Nnamdi Kanu, leader of the proscribed Indigenous People of Biafra (IPOB). The federal government through its counsel, Tijani Gadzali, applied for leave to include nine new grounds as part of its amended […]

Abike Dabiri-Erewa, chairperson, Nigerians in Diaspora Commission (NIDCOM), says the first batch of stranded Nigerians in Sudan evacuated by the federal government will arrive in Abuja on Friday. A boeing 777 from Air Peace is expected to depart Lagos by Thursday evening and transport the first batch home, barring any unforeseen circumstances. […]