TheCable News

Army officers appeared on national television to say they have seized power in Gabon, after President Ali Bongo was re-elected to a third term in office in the Central African nation.  According to the BBC, the officers said they were annulling the results of Saturday’s election which the opposition had denounced as “fraudulent”. […]

The All Progressives Congress (APC) says it has not released any campaign council lists for Kogi, Bayelsa, and Imo gubernatorial elections. The off-cycle elections will be held on November 11. In a post on platform X (formerly known as Twitter) on Tuesday, Muhammad Argungu, APC’s organising secretary, said Abdullahi Ganduje, national chairman […]

Tony Elumelu, chairman of the United Bank for Africa (UBA), says the private sector is “encouraged” by the reforms of President Bola Tinubu.  Speaking with State House journalists after meeting with the president on Tuesday, Elumelu lauded Tinubu for his policy initiatives since taking office. He expressed optimism that Nigerians will reap […]

The Nigeria Customs Service (NCS) says it has commenced the implementation of value-added tax (VAT) on automobile gas oil (AGO), also known as diesel, imported into the country. The service made this known in a memo, dated July 28, 2023, sent to all importers and agents of diesel. The memo was titled, […]

Nyesom Wike, minister of the federal capital territory (FCT), says the administration will pay N825.8 million as compensation to residents affected by the proposed construction of a second runway at the Nnamdi Azikiwe International Airport, Abuja. Wike spoke in Abuja on Tuesday while briefing journalists at the end of a closed-door meeting with […]

Nigerian stocks gained on Tuesday as the all share index (ASI), which measures the overall performance of equities, hits its highest level ever. The ASI of the Nigerian Exchange Limited (NGX) rose by 0.51 percent to 66,490.34 basis points from 66,151.38 recorded the previous day. The new record also surpassed the high […]

The National Bureau of Statistics (NBS) has distanced itself from comments by Ibrahim Wakili, its head of communication and public relations department, that Yemi Kale was the “worst ever statistician-general” of the agency. The management of the bureau took the position in a statement on Tuesday. On Monday, Kale, former statistician-general of the […]

President Bola Tinubu has appointed board members and a management team for the Niger Delta Development Commission (NDDC). According to a statement by Ajuri Ngelale, presidential spokesperson, on Tuesday, Chiedu Ebie (Delta) was appointed the chairman of the board of the commission while Samuel Ogbuku (Bayelsa) is the managing director and chief executive […]

The board of trustees (BoT) of the New Nigeria Peoples Party (NNPP) has suspended Rabiu Kwankwaso over alleged anti-party activities. NAN reports that the suspension of Kwankwaso, the party’s presidential candidate in the February 25 election, was announced on Tuesday at the end of a meeting held in Lagos. According to the […]